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Income Statement
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Op Efficiency
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Usio, Inc. (PYDS)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues  69.461.932.328.225.014.612.114.4
            Revenue growth  12.1%92.1%14.4%12.7%71.7%20.7%-16.0%7.4%
Cost of goods sold  54.846.324.922.319.510.88.39.4
Gross profit  14.615.67.45.95.63.83.85.0
            Gross margin  21.0%25.2%22.9%21.1%22.3%25.9%31.3%34.5%
Selling, general and administrative   [+]19.815.811.111.09.36.613.42.4
Other operating expenses  -2.7-2.6-1.5-2.0-1.9-1.3-9.21.1
EBITDA   [+]-2.52.5-2.2-3.0-1.9-1.6-0.51.4
            EBITDA margin  -3.6%4.0%-6.9%-10.8%-7.6%-10.8%-3.8%10.0%
Depreciation  1.20.80.51.00.90.80.70.5
EBITA  -3.71.7-2.8-4.1-2.8-2.3-1.21.0
            EBITA margin  -5.3%2.8%-8.5%-14.4%-11.1%-16.1%-9.9%6.8%
Amortization of intangibles  1.51.91.01.01.00.50.20.0
EBIT   [+]-5.2-0.2-3.8-5.1-3.8-2.8-1.40.9
            EBIT margin  -7.5%-0.3%-11.6%-18.0%-15.1%-19.5%-11.3%6.6%
Interest income, net   [+]0.00.00.10.10.10.10.10.1
Other income (expense), net   [+] 0.00.80.00.00.00.10.1
Pre-tax income  -5.2-0.2-2.9-5.0-3.7-2.7-1.21.1
Income taxes  0.30.20.00.10.10.30.00.1
            Tax rate         6.9%
Net income  -5.5-0.3-2.9-5.1-3.8-3.0-1.21.0
            Net margin  -7.9%-0.5%-9.0%-18.1%-15.1%-20.6%-9.9%7.1%
   
Basic EPS   [+]($0.27)($0.02)($0.19)($0.39)($0.31)($0.33)($0.15)$0.14
Diluted EPS   [+]($0.27)($0.02)($0.19)($0.39)($0.31)($0.33)($0.15)$0.08
   
Shares outstanding (basic)   [+]20.420.015.413.012.19.07.87.4
Shares outstanding (diluted)   [+]20.420.015.413.012.19.07.812.0
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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