Name: Vericel Corporation (VCEL) Financial Statements
Creator: FinSpry

Vericel Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

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Vericel Corporation income statement - Annual data in millions USD
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Revenue & Gross Profit
Revenue	237.22	197.52	164.37	156.18	124.18
Cost of Revenue	65.12	61.94	54.58	50.16	39.95
Gross Profit	172.11	135.58	109.79	106.03	84.23
Operating Expenses
Research & Development	24.80	21.04	19.94	16.29	13.02
Selling, General & Administrative	142.79	121.00	106.90	97.59	68.84
Operating Expenses	167.59	142.04	126.85	113.88	81.86
Operating Income	4.52	-6.46	-17.06	-7.85	2.37
Other Income/Expense
Interest Income	6.41	4.63	1.34	0.22	0.69
Interest Expense	0.61	-0.60	-0.37	0.00	-0.01
Other Income/Expense	5.99	0.06	0.10	0.05	-0.01
Income
Income Before Tax	10.51	-2.37	-15.99	-7.58	3.04
Income Tax Expense	0.15	0.81	0.72	-0.11	0.18
Net Income	10.36	-3.18	-16.71	-7.47	2.86
Net Income - Continuous Operations	10.36	-3.18	-16.71	-7.47	0.00
Net Income - Discontinued Operations	0.00	0.00	0.00	0.00	0.00
EBITDA	16.63	-1.83	-13.08	-4.61	4.76
EBIT	4.52	-6.46	-17.06	-7.58	2.37
Depreciation & Amortization	5.50	4.63	3.98	2.97	2.38
Earnings Per Share
Basic EPS	-	-	-	-	-
Diluted EPS	-	-	-	-	-
Basic Shares Outstanding	48.85	47.59	47.13	46.47	45.22
Diluted Shares Outstanding	51.68	47.59	47.13	46.47	47.28