For the quarter ending 2025-09-30, VASO made $22,657,000 in revenue. $1,727,000 in net income. Net profit margin of 7.62%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Total revenues | 22,657,000 | 19,957,000 | 19,462,000 | 22,886,000 |
| Cost Of Managed ITSystems And Services | 6,485,000 | 6,359,000 | - | - |
| Cost Of Professional Sales Services | 2,073,000 | 1,659,000 | - | - |
| Cost Of Equipment Sales And Services | 203,000 | 142,000 | - | - |
| Total cost of revenues | 8,761,000 | 8,160,000 | 8,104,000 | 8,814,500 |
| Gross profit | 13,896,000 | 11,797,000 | 11,358,000 | 14,071,500 |
| Selling, general and administrative | 12,212,000 | 12,051,000 | 12,398,000 | 13,367,000 |
| Research and development | 146,000 | 167,000 | 178,000 | 227,500 |
| Business combination transaction costs | - | 0 | - | 136,000 |
| Total operating expenses | 12,358,000 | 12,218,000 | 12,576,000 | 13,730,500 |
| Operating income (loss) | 1,538,000 | -421,000 | -1,218,000 | 341,000 |
| Interest and other income, net | 209,000 | 268,000 | 184,000 | 242,500 |
| Interest and financing costs | - | 0 | - | 1,000 |
| Loss on disposal of fixed assets | -1,000 | -4,000 | -1,000 | -1,000 |
| Total other income, net | 208,000 | 264,000 | 183,000 | 239,500 |
| Income (loss) before income taxes | 1,746,000 | -157,000 | -1,035,000 | 580,500 |
| Income tax expense | 35,000 | 40,000 | 40,000 | 92,000 |
| Net income (loss) | 1,711,000 | -197,000 | -1,075,000 | 488,500 |
| Foreign currency translation gain (loss) | 16,000 | 41,000 | 15,000 | -117,500 |
| Comprehensive income (loss) | 1,727,000 | -156,000 | -1,060,000 | 371,000 |
| Diluted weighted average shares outstanding | 175,922,000 | 175,742,000 | 175,696,000 | -87,930,500 |
| Income (loss) per common share basic (in dollars per share) | 0.01 | 0 | -0.01 | 0.005 |
| Income (loss) per common share diluted (in dollars per share) | 0.01 | 0 | -0.01 | 0.01 |
| Weighted average common shares outstanding basic (in shares) | 175,862,000 | 175,742,000 | 175,696,000 | -87,720,500 |
VASO Corp (VASO)
VASO Corp (VASO)