Name: Veracyte, Inc. (VCYT) Financial Statements
Creator: FinSpry

Veracyte Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

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Veracyte, Inc. income statement - Annual data in millions USD
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018
Revenue & Gross Profit
Revenue	445.76	361.05	296.54	219.51	117.48	120.37	92.01
Cost of Revenue	147.62	131.37	120.86	74.40	41.46	-36.08	33.08
Gross Profit	298.15	229.68	175.68	145.11	117.48	120.37	58.93
Operating Expenses
Research & Development	69.29	57.31	40.60	29.84	17.20	14.85	14.82
Selling, General & Administrative	206.04	187.72	170.76	180.38	89.12	118.80	65.28
Operating Expenses	278.14	246.56	211.02	226.21	147.33	135.05	81.16
Operating Income	20.01	-16.88	-35.34	-81.09	-35.39	-15.13	-22.23
Other Income/Expense
Interest Income	11.15	7.34	1.97	0.14	0.59	0.00	0.00
Interest Expense	0.00	0.02	0.20	-0.24	-0.23	0.00	1.96
Other Income/Expense	-5.41	-67.07	-2.86	1.44	-0.48	-3.21	1.20
Income
Income Before Tax	25.74	-76.61	-36.43	-81.65	-34.91	-12.60	-23.00
Income Tax Expense	1.61	-2.21	0.13	-6.09	-1.79	-0.83	0.00
Net Income	24.14	-74.40	-36.56	-75.56	-34.91	-12.60	-23.00
Net Income - Continuous Operations	24.14	-74.40	-36.56	-75.56	0.00	0.00	0.00
Net Income - Discontinued Operations	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBITDA	49.21	-49.41	-10.30	-61.50	-26.74	-7.39	-17.12
EBIT	25.75	-76.60	-36.23	-81.09	-34.68	-11.59	-21.04
Depreciation & Amortization	3.30	2.11	2.08	19.59	5.10	1.40	1.07
Earnings Per Share
Basic EPS	-	-1.00	-1.00	-1.00	-1.00	-	-1.00
Diluted EPS	-	-1.00	-1.00	-1.00	-1.00	-	-1.00
Basic Shares Outstanding	76.48	72.64	71.55	67.89	53.24	46.14	37.02
Diluted Shares Outstanding	78.16	72.64	71.55	67.89	52.89	46.66	37.02