Vislink Technologies, Inc. (VISL) Income Statement
VISL 2024 at a glance
Fiscal year ended December 31, 2024 · U.S. dollarsVISL revenue and net income
Where VISL's revenue goes
2024Each bar shows an amount and its share of revenue. VISL kept −33.2% of revenue as net income.
VISL profit margins
VISL growth rates
to 2024| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | 0.0% | −6.7% | −1.0% | +45.9% |
| Gross profit | +6.0% | −8.7% | +9.9% | +40.0% |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
VISL quarterly EPS vs estimates
Vislink Technologies beat the analyst EPS estimate in 3 of the last 8 quarters.
VISL income statement
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $27.5M | $27.5M | $28.4M | $33.9M | $22.9M | $28.9M | $38.3M | $47.8M | $6.6M | $932,000 |
| Cost of revenue | $13.9M | $14.6M | $18.1M | $16.0M | $14.3M | $20.4M | $19.7M | $30.0M | $5.5M | $1.4M |
| Gross profit | $13.6M | $12.8M | $10.3M | $17.9M | $8.6M | $8.5M | $18.6M | $17.8M | $1.0M | −$439,000 |
| Research & development | $3.5M | $3.5M | $4.1M | $3.1M | $2.7M | $3.2M | $7.9M | $9.8M | $6.1M | $4.7M |
| Sales, general & admin | $19.4M | $19.4M | $19.2M | $22.2M | $17.1M | $20.3M | $21.9M | $27.6M | $9.7M | $7.9M |
| Total operating expenses | $24.2M | $23.3M | $24.0M | $26.4M | $21.1M | $25.7M | $32.6M | $41.2M | $21.2M | $17.3M |
| Operating income | −$10.6M | −$10.5M | −$13.7M | −$8.6M | −$12.5M | −$17.2M | −$14.4M | −$23.4M | −$22.9M | −$19.9M |
| Interest income | — | — | — | — | — | $814,000 | $468,000 | $717,000 | $1.6M | $2.0M |
| Interest expense | — | $560,000 | $38,000 | $29,000 | $121,000 | $1.9M | $2.7M | $629,000 | $925,000 | $529,000 |
| Income before taxes | −$9.3M | −$9.3M | −$13.8M | −$15.4M | −$17.6M | −$18.0M | −$14.9M | −$10.5M | −$20.9M | −$17.9M |
| Income taxes | −$218,000 | −$218,000 | −$215,000 | $6.9M | $5.4M | $1.9M | $1.9M | $11.3M | $1.3M | $503,000 |
| Net income | −$9.1M | −$9.1M | −$13.5M | −$22.3M | −$23.0M | −$19.9M | −$14.9M | −$10.5M | −$20.9M | −$17.9M |
| EBITDA | −$8.9M | −$8.8M | −$12.1M | −$388,000 | −$15.5M | −$14.0M | −$10.9M | −$8.3M | −$14.3M | −$13.0M |
| EPS (diluted) | −$3.70 | −$3.89 | −$4.66 | −$25.78 | −$10.53 | −$8.69 | −$1406.54 | −$1097.40 | −$341375.84 | — |
| Gross margin | 49.5% | 46.7% | 36.2% | 52.8% | 37.6% | 29.4% | 48.6% | 37.3% | 15.6% | −47.1% |
| Operating margin | −38.6% | −38.1% | −48.3% | −25.3% | −54.8% | −59.4% | −37.7% | −48.9% | −347.7% | −2,131.0% |
| Net margin | −33.2% | −33.2% | −47.7% | −65.7% | −100.3% | −68.8% | −38.8% | −22.1% | −317.9% | −1,916.0% |
| Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | Jun '23 | Mar '23 | Dec '22 | Sep '22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.8M | $4.6M | $3.4M | $7.1M | $8.7M | $8.6M | $8.1M | $7.2M | $5.0M | $7.2M | $7.4M | $7.1M |
| Cost of revenue | $1.9M | $1.7M | $9.2M | $3.8M | $4.0M | $3.9M | $4.4M | $3.5M | $2.5M | $3.4M | $7.5M | $3.8M |
| Gross profit | $2.9M | $2.9M | −$5.8M | $3.3M | $4.7M | $4.7M | $3.7M | $3.7M | $2.5M | $3.7M | −$127,000 | $3.3M |
| Research & development | $1.3M | $962,000 | $1.6M | $1.2M | $966,000 | $799,000 | $1.0M | $805,000 | $908,000 | $767,000 | $904,000 | $885,000 |
| Sales, general & admin | $3.9M | $4.4M | $5.3M | $5.0M | $5.9M | $5.3M | $4.9M | $4.8M | $4.7M | $5.0M | $4.2M | $4.6M |
| Total operating expenses | $7.4M | $7.3M | $16.5M | $6.5M | $7.2M | $6.3M | $10.6M | $5.9M | $5.9M | $6.1M | $5.4M | $6.0M |
| Operating income | −$2.6M | −$2.7M | −$13.1M | −$3.3M | −$2.6M | −$1.6M | −$2.6M | −$2.3M | −$3.4M | −$2.3M | −$5.6M | −$2.7M |
| Interest income | — | — | — | $86,000 | $87,000 | $91,000 | — | $202,000 | $220,000 | $133,000 | — | — |
| Interest expense | — | — | — | — | $1.2M | $1.2M | — | — | — | $600,000 | $30,000 | $3,000 |
| Income before taxes | −$2.4M | −$2.7M | −$14.3M | −$3.0M | −$2.3M | −$1.0M | −$2.4M | −$2.0M | −$3.1M | −$1.8M | −$5.6M | −$2.8M |
| Income taxes | — | — | — | −$7,000 | −$54,000 | −$55,000 | — | −$55,000 | −$54,000 | −$55,000 | −$54,000 | −$54,000 |
| Net income | −$2.3M | −$2.7M | −$14.3M | −$3.0M | −$2.3M | −$948,000 | −$2.4M | −$2.0M | −$3.0M | −$1.8M | −$5.5M | −$2.7M |
| EBITDA | −$2.3M | −$2.4M | −$12.8M | −$2.9M | −$2.1M | −$1.2M | — | −$1.8M | −$3.1M | −$2.0M | −$5.2M | −$2.2M |
| EPS (diluted) | — | −$5.80 | — | −$1.22 | −$0.93 | −$0.99 | −$0.99 | −$0.83 | −$1.27 | −$0.80 | −$2.40 | −$1.20 |
| Gross margin | 60.7% | 62.8% | −173.4% | 46.3% | 53.6% | 54.6% | 45.4% | 51.6% | 49.7% | 52.1% | −1.7% | 46.3% |
| Operating margin | −54.4% | −59.0% | −389.5% | −46.1% | −29.5% | −18.4% | −31.9% | −31.9% | −67.1% | −32.7% | −75.2% | −38.2% |
| Net margin | −48.5% | −58.7% | −424.4% | −42.6% | −26.1% | −11.0% | −29.4% | −27.4% | −60.0% | −24.4% | −74.6% | −38.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in VISL's financial statements (latest annual report filed August 1, 2024); data from EODHD. Sales, general & administrative expenses include sales and marketing.
VISL financial results
In fiscal year 2024 (ended December 31, 2024), Vislink Technologies reported revenue of $27.5 million, up 0.0% from the year before. It had a net loss of $9.1 million, a net profit margin of −33.2%. Diluted earnings per share came to −$3.70. Over five years revenue grew at an average rate of −1.0% a year.
See the VISL stock overview for the latest quote and news, or the VISL chart for price history and technical indicators.
VISL income statement FAQ
What is Vislink Technologies's annual revenue?
Vislink Technologies reported total revenue of $27.5 million for fiscal year 2024, which ended on December 31, 2024. That was up 0.0% from $27.5 million the previous year.
Is Vislink Technologies profitable?
No. Vislink Technologies reported a net loss of $9.1 million in fiscal 2024, a net profit margin of −33.2%; its operating margin was −38.6%.
What is Vislink Technologies's gross margin?
Vislink Technologies's gross margin was 49.5% in fiscal 2024: for every $100 of revenue, Vislink Technologies kept $50 after the direct cost of its products and services.
How much does Vislink Technologies spend on research and development?
Vislink Technologies spent $3.5 million on research and development in fiscal 2024, 12.7% of revenue.
How fast is Vislink Technologies growing?
Revenue grew −1.0% a year on average over the last five fiscal years, from $28.9 million to $27.5 million.
What are Vislink Technologies's earnings per share?
Vislink Technologies earned $-3.70 per diluted share in fiscal 2024, compared with $-3.89 a year earlier.
When does Vislink Technologies's fiscal year end?
Vislink Technologies's fiscal year ends in December. The latest annual report covers the year ended December 31, 2024 and was filed on August 1, 2024.