Veru Inc. (VERU)

Veru Inc. Income Statement

Financials in millions USD. Fiscal year is October - September.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Revenue	16.89	16.89	16.3	39.35	61.26	42.59
Revenue Growth (YoY)	134.43%	3.62%	-58.59%	-35.76%	43.83%	33.92%
Cost of Revenue	11.03	11.03	8.73	8.76	13.33	11.81
Gross Profit	5.85	5.85	7.57	30.59	47.93	30.79
Selling, General & Admin	29.02	31.18	48.06	43.18	20.67	14.92
Research & Development	17.81	12.81	51.2	70.91	32.69	17.06
Operating Expenses	46.83	43.99	103.17	114.08	53.36	31.97
Operating Income	-40.98	-38.14	-95.61	-83.49	-5.44	-1.19
Interest Expense	-0.61	-0.61	-2.43	-4.37	-4.89	-4.62
Other Non Operating Income (Expenses)	0.57	0.62	3.54	4.05	-3.82	-0.68
EBT Excluding Unusual Items	-41.01	-38.12	-94.5	-83.8	-14.14	-6.49
Gain (Loss) on Sale of Investments	0.05	-0.18	-	-	-	-
Gain (Loss) on Sale of Assets	1.97	1.22	5.72	-	18.41	-
Asset Writedown	-	-	-3.9	-	-	-14.1
Other Unusual Items	8.62	-	-	-	-	0.54
Pretax Income	-30.37	-37.08	-92.67	-83.8	4.27	-20.05
Income Tax Expense	0.73	0.73	0.48	0.24	-3.13	-1.08
Net Income	-36.35	-37.8	-93.15	-84.04	7.39	-18.97
Net Income to Common	-36.35	-37.8	-93.15	-84.04	7.39	-18.97
Shares Outstanding (Basic)	146	135	85	80	76	67
Shares Outstanding (Diluted)	146	135	85	80	84	67
Shares Change (YoY)	37.70%	58.73%	6.05%	-4.39%	25.54%	5.42%
EPS (Basic)	-0.25	-0.28	-1.10	-1.05	0.10	-0.28
EPS (Diluted)	-0.25	-0.28	-1.10	-1.05	0.09	-0.28
Free Cash Flow	-29.2	-21.84	-88.68	-48.24	-15.95	-2.04
Free Cash Flow Per Share	-0.20	-0.16	-1.04	-0.60	-0.19	-0.03
Gross Margin	34.67%	34.67%	46.42%	77.73%	78.24%	72.28%
Operating Margin	-242.68%	-225.85%	-586.65%	-212.14%	-8.88%	-2.79%
Profit Margin	-215.24%	-223.86%	-571.60%	-213.55%	12.07%	-44.55%
Free Cash Flow Margin	-172.92%	-129.34%	-544.15%	-122.57%	-26.03%	-4.78%
EBITDA	-40.76	-37.87	-95.34	-83.28	-5.23	-0.72
EBITDA Margin	-241.35%	-224.26%	-	-211.61%	-8.53%	-1.70%
D&A For EBITDA	0.22	0.27	0.27	0.21	0.21	0.46
EBIT	-40.98	-38.14	-95.61	-83.49	-5.44	-1.19
EBIT Margin	-242.68%	-225.85%	-	-212.14%	-8.88%	-2.79%
Advertising Expenses	-	0.8	0.9	0.6	-	-

Updated May 8, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q