Veritone Historical Income Statement

VERI Stock

USD 2.64 0.03 1.12%

Historical analysis of Veritone income statement accounts such as Interest Expense of 1.8 M, Selling General Administrative of 40.4 M, Total Revenue of 133.9 M or Gross Profit of 104.3 M can show how well Veritone performed in making a profits. Evaluating Veritone income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Veritone's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Veritone latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Veritone is a good buy for the upcoming year.

Net Income Gross Profit

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Veritone. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For more detail on how to invest in Veritone Stock please use our How to Invest in Veritone guide.

About Veritone Income Statement Analysis

Veritone Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Veritone shareholders. The income statement also shows Veritone investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Veritone Income Statement Chart

As of now, Veritone's Cost Of Revenue is increasing as compared to previous years. The Veritone's current Total Operating Expenses is estimated to increase to about 201.2 M, while Interest Expense is projected to decrease to under 1.8 M.

Selling General Administrative Gross Profit Research Development Selling And Marketing Expenses

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Veritone minus its cost of goods sold. It is profit before Veritone operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Most accounts from Veritone's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Veritone current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Veritone. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For more detail on how to invest in Veritone Stock please use our How to Invest in Veritone guide.As of now, Veritone's Cost Of Revenue is increasing as compared to previous years. The Veritone's current Total Operating Expenses is estimated to increase to about 201.2 M, while Interest Expense is projected to decrease to under 1.8 M.

	2020	2022	2023	2024 (projected)
Gross Profit	42.0M	122.3M	99.3M	104.3M
Total Revenue	57.7M	149.7M	127.6M	133.9M

Gross Profit Total Revenue

Veritone income statement Correlations

	Selling General Administrative	Total Revenue	Gross Profit	Operating Income	Net Income From Continuing Ops	Ebit	Research Development	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Tax Provision	Depreciation And Amortization	Selling And Marketing Expenses	Other Operating Expenses	Ebitda	Net Interest Income	Interest Income	Reconciled Depreciation	Non Operating Income Net Other
Selling General Administrative		0.76	0.73	-0.9	-0.86	-0.84	0.8	0.85	0.86	-0.83	0.53	-0.83	-0.24	0.41	0.74	0.86	0.93	-0.61	0.53	-0.91	0.73	0.83
Total Revenue	0.76		1.0	-0.73	-0.54	-0.52	0.95	0.97	0.95	-0.52	0.84	-0.52	-0.26	0.6	0.98	0.91	0.9	-0.1	0.06	-0.73	0.98	0.97
Gross Profit	0.73	1.0		-0.7	-0.5	-0.47	0.94	0.95	0.94	-0.48	0.84	-0.48	-0.24	0.62	0.97	0.91	0.89	-0.05	0.0	-0.7	0.97	0.95
Operating Income	-0.9	-0.73	-0.7		0.93	0.95	-0.85	-0.82	-0.9	0.94	-0.62	0.93	0.5	-0.28	-0.76	-0.76	-0.82	0.72	-0.51	0.88	-0.76	-0.84
Net Income From Continuing Ops	-0.86	-0.54	-0.5	0.93		0.97	-0.67	-0.67	-0.74	0.98	-0.34	0.98	0.27	-0.3	-0.55	-0.59	-0.68	0.86	-0.64	0.9	-0.55	-0.66
Ebit	-0.84	-0.52	-0.47	0.95	0.97		-0.68	-0.65	-0.73	0.99	-0.36	0.99	0.39	-0.13	-0.53	-0.58	-0.67	0.9	-0.71	0.87	-0.52	-0.66
Research Development	0.8	0.95	0.94	-0.85	-0.67	-0.68		0.94	0.98	-0.69	0.8	-0.68	-0.38	0.45	0.94	0.93	0.91	-0.31	0.16	-0.79	0.94	0.97
Cost Of Revenue	0.85	0.97	0.95	-0.82	-0.67	-0.65	0.94		0.97	-0.64	0.81	-0.63	-0.31	0.53	0.95	0.89	0.92	-0.28	0.26	-0.8	0.95	0.97
Total Operating Expenses	0.86	0.95	0.94	-0.9	-0.74	-0.73	0.98	0.97		-0.74	0.82	-0.73	-0.41	0.49	0.96	0.9	0.92	-0.37	0.23	-0.83	0.96	0.98
Income Before Tax	-0.83	-0.52	-0.48	0.94	0.98	0.99	-0.69	-0.64	-0.74		-0.33	1.0	0.37	-0.14	-0.53	-0.59	-0.67	0.89	-0.63	0.88	-0.52	-0.65
Total Other Income Expense Net	0.53	0.84	0.84	-0.62	-0.34	-0.36	0.8	0.81	0.82	-0.33		-0.31	-0.58	0.44	0.92	0.69	0.68	0.04	-0.09	-0.38	0.92	0.85
Net Income	-0.83	-0.52	-0.48	0.93	0.98	0.99	-0.68	-0.63	-0.73	1.0	-0.31		0.34	-0.15	-0.52	-0.59	-0.67	0.89	-0.64	0.89	-0.51	-0.64
Income Tax Expense	-0.24	-0.26	-0.24	0.5	0.27	0.39	-0.38	-0.31	-0.41	0.37	-0.58	0.34		0.37	-0.39	-0.21	-0.23	0.26	-0.03	0.11	-0.4	-0.35
Tax Provision	0.41	0.6	0.62	-0.28	-0.3	-0.13	0.45	0.53	0.49	-0.14	0.44	-0.15	0.37		0.59	0.49	0.48	0.16	-0.12	-0.42	0.59	0.52
Depreciation And Amortization	0.74	0.98	0.97	-0.76	-0.55	-0.53	0.94	0.95	0.96	-0.53	0.92	-0.52	-0.39	0.59		0.87	0.86	-0.11	0.02	-0.68	1.0	0.96
Selling And Marketing Expenses	0.86	0.91	0.91	-0.76	-0.59	-0.58	0.93	0.89	0.9	-0.59	0.69	-0.59	-0.21	0.49	0.87		0.99	-0.23	0.16	-0.77	0.87	0.91
Other Operating Expenses	0.93	0.9	0.89	-0.82	-0.68	-0.67	0.91	0.92	0.92	-0.67	0.68	-0.67	-0.23	0.48	0.86	0.99		-0.34	0.28	-0.83	0.86	0.92
Ebitda	-0.61	-0.1	-0.05	0.72	0.86	0.9	-0.31	-0.28	-0.37	0.89	0.04	0.89	0.26	0.16	-0.11	-0.23	-0.34		-0.82	0.67	-0.1	-0.29
Net Interest Income	0.53	0.06	0.0	-0.51	-0.64	-0.71	0.16	0.26	0.23	-0.63	-0.09	-0.64	-0.03	-0.12	0.02	0.16	0.28	-0.82		-0.52	0.01	0.26
Interest Income	-0.91	-0.73	-0.7	0.88	0.9	0.87	-0.79	-0.8	-0.83	0.88	-0.38	0.89	0.11	-0.42	-0.68	-0.77	-0.83	0.67	-0.52		-0.67	-0.78
Reconciled Depreciation	0.73	0.98	0.97	-0.76	-0.55	-0.52	0.94	0.95	0.96	-0.52	0.92	-0.51	-0.4	0.59	1.0	0.87	0.86	-0.1	0.01	-0.67		0.96
Non Operating Income Net Other	0.83	0.97	0.95	-0.84	-0.66	-0.66	0.97	0.97	0.98	-0.65	0.85	-0.64	-0.35	0.52	0.96	0.91	0.92	-0.29	0.26	-0.78	0.96

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Veritone Account Relationship Matchups

Veritone income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Interest Expense	541K	127K	9K	4.9M	2.4M	1.8M
Selling General Administrative	38.0M	47.3M	50.1M	44.2M	73.8M	40.4M
Total Revenue	27.0M	49.6M	57.7M	149.7M	127.6M	133.9M
Gross Profit	20.6M	32.4M	42.0M	122.3M	99.3M	104.3M
Operating Income	(62.0M)	(64.1M)	(47.7M)	(38.0M)	(92.3M)	(87.7M)
Net Income From Continuing Ops	(62.1M)	(47.9M)	(70.6M)	(25.2M)	(66.1M)	(69.4M)
Ebit	(64.1M)	(47.8M)	(47.7M)	(18.4M)	(59.2M)	(62.2M)
Research Development	22.1M	23.8M	14.4M	43.6M	42.1M	44.2M
Cost Of Revenue	6.5M	17.3M	15.7M	27.4M	28.3M	29.7M
Total Operating Expenses	96.4M	89.7M	84.3M	160.3M	191.6M	201.2M
Income Before Tax	(61.1M)	(63.5M)	(47.8M)	(23.2M)	(61.7M)	(64.8M)
Total Other Income Expense Net	908K	541K	(127K)	14.7M	30.7M	32.2M
Net Income Applicable To Common Shares	(62.1M)	(47.9M)	(70.6M)	(25.6M)	(23.0M)	(24.2M)
Net Income	(62.1M)	(47.9M)	(47.8M)	(25.2M)	(58.6M)	(61.6M)
Income Tax Expense	(1.5M)	76K	2.7M	2.0M	(3.0M)	(2.9M)
Tax Provision	(1.5M)	76K	2.7M	2.0M	1.1M	1.2M
Depreciation And Amortization	5.9M	6.4M	9.0M	23.5M	27.7M	29.0M
Selling And Marketing Expenses	22.5M	25.3M	19.9M	51.3M	52.0M	26.8M
Other Operating Expenses	113.7M	105.4M	100.0M	187.7M	219.9M	113.6M
Ebitda	(58.1M)	(41.4M)	(38.6M)	5.2M	(31.6M)	(33.1M)
Net Interest Income	549K	85K	(538K)	(4.9M)	(2.9M)	(3.1M)
Interest Income	211K	803K	549K	85K	76.5K	72.7K
Reconciled Depreciation	5.9M	6.4M	9.0M	23.5M	27.7M	29.1M
Non Operating Income Net Other	541K	(127K)	(600K)	14.7M	17.0M	17.8M

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When determining whether Veritone offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Veritone's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Veritone Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Veritone Stock:

How To Invest In Veritone

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Is Veritone Stock a good investment?

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What is Veritone's Net Worth?

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For more detail on how to invest in Veritone Stock please use our How to Invest in Veritone guide.

You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Veritone. If investors know Veritone will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Veritone listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

1.52

Earnings Share

(1.59)

Revenue Per Share

3.534

Quarterly Revenue Growth

0.108

Return On Assets

(0.12)

The market value of Veritone is measured differently than its book value, which is the value of Veritone that is recorded on the company's balance sheet. Investors also form their own opinion of Veritone's value that differs from its market value or its book value, called intrinsic value, which is Veritone's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Veritone's market value can be influenced by many factors that don't directly affect Veritone's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Veritone's value and its price as these two are different measures arrived at by different means. Investors typically determine if Veritone is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Veritone's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Veritone Historical Income Statement

About Veritone Income Statement Analysis

Veritone Income Statement Chart

Gross Profit

Veritone income statement Correlations

Veritone Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Veritone income statement Accounts

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Gross Profit	+ 1.0	Total Revenue
Net Income	+ 1.0	Income Before Tax
Reconciled Depreciation	+ 1.0	Depreciation And Amortization
Income Before Tax	+ 0.99	Ebit
Net Income	+ 0.99	Ebit
Other Operating Expenses	+ 0.99	Selling And Marketing Expenses

Interest Income	- 0.91	Selling General Administrative
Total Operating Expenses	- 0.9	Operating Income
Operating Income	- 0.9	Selling General Administrative
Net Income From Continuing Ops	- 0.86	Selling General Administrative
Research Development	- 0.85	Operating Income
Non Operating Income Net Other	- 0.84	Operating Income