For the quarter ending 2025-09-30, VERO made $13,776,000 in revenue. -$22,565,000 in net income. Net profit margin of -163.80%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Revenues | 13,776,000 | - | 13,643,000 | 16,622,000 |
| Leases | 906,000 | - | - | - |
| Products And Services | 4,053,000 | - | - | - |
| Cost of goods and services sold | 4,959,000 | - | 4,888,000 | 5,354,000 |
| Gross profit | 8,817,000 | - | 8,755,000 | 11,268,000 |
| Selling and marketing | 7,386,000 | - | 6,992,000 | 7,315,000 |
| General and administrative | 9,647,000 | - | 9,735,000 | 9,539,000 |
| Research and development | 1,280,000 | - | 1,556,000 | 1,629,500 |
| Total operating expenses | 18,313,000 | - | 18,283,000 | 18,483,500 |
| Loss from operations | -9,496,000 | - | -9,528,000 | -7,215,500 |
| Differences in jurisdictional tax rates | - | -453,000 | - | - |
| Foreign exchange (gain) loss | 35,000 | - | 119,000 | -652,000 |
| Book to tax filing adjustments | - | 339,000 | - | - |
| Finance expenses | 1,016,000 | - | 1,570,000 | 1,384,000 |
| Non-deductible expenses | - | -35,000 | - | - |
| Loss on disposal of subsidiaries | -244,000 | - | - | -5,750 |
| Theoretical tax expense at the statutory rate (21 in 2025 and 2024) | - | -2,421,000 | - | - |
| Loss on debt extinguishment | -11,297,000 | - | -1,049,000 | 0 |
| Valuation allowance | - | 2,784,000 | - | - |
| Loss before income taxes | -22,018,000 | -11,528,000 | -12,028,000 | -9,263,000 |
| Income tax (benefit) expense | 531,000 | 214,000 | 338,000 | -360,500 |
| Net loss | -22,549,000 | -11,742,000 | -12,366,000 | -8,902,500 |
| Net loss non-controlling interest | - | - | -3,000 | -23,000 |
| Loss attributable to stockholders of the company | -22,565,000 | - | -12,363,000 | -8,879,500 |
| Basic (in dollars per share) | -12.14 | -8.03 | -17.44 | -33.44 |
| Diluted (in dollars per share) | -12.14 | -8.03 | -17.44 | -33.44 |
| Weighted-average shares of common stock outstanding used in computing net loss per share, basic (in shares) | 1,859,000 | 1,459,000 | 709,000 | -6,572,500 |
| Weighted-average shares of common stock outstanding used in computing net loss per share, diluted (in shares) | 1,859,000 | 1,459,000 | 709,000 | -6,572,500 |
Venus Concept Inc. (VERO)
Venus Concept Inc. (VERO)