Financials in USD. Standardized financial statements.
A compact view of how Converge Technology Solutions Corp. turns revenue into operating income and net income.
| Metric | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $2.59B | $2.71B | $2.16B | $1.53B | $948.80M | $687.80M | $459.19M | $52.79M | $0 |
| Revenue Growth? | -4.2% | +25.0% | +41.7% | +61.0% | +37.9% | +49.8% | +769.9% | 0.0% | 0.0% |
| Cost of Revenue? | $1.90B | $2.11B | $1.61B | $1.18B | $715.79M | $526.21M | $369.22M | $42.14M | $0 |
| Gross Profit? | $691.44M | $591.43M | $550.77M | $345.70M | $233.01M | $161.59M | $89.97M | $10.65M | $0 |
| Gross Margin? | +26.7% | +21.9% | +25.4% | +22.6% | +24.6% | +23.5% | +19.6% | +20.2% | 0.0% |
| Operating Expenses? | $630.44M | $547.25M | $496.81M | $295.62M | $203.29M | $150.01M | $80.75M | $11.64M | $3.26M |
| Operating Income? | $61.00M | $46.62M | $70.99M | $48.11M | $24.41M | $17.87M | $1.99M | -$2.57M | -$3.26M |
| EBITDA? | -$69.08M | $142.64M | $118.71M | $71.36M | $43.75M | $21.16M | $15.78M | -$1.79M | $0 |
| Income Before Tax | -$200.52M | -$18.57M | $18.79M | $23.97M | -$2.50M | -$12.76M | -$15.59M | -$4.03M | -$3.26M |
| Income Tax Expense | -$19.53M | -$12.17M | -$4.06M | $7.61M | $1.67M | -$1.92M | $2.65M | $2.49M | $0 |
| Net Income? | -$177.71M | -$1.45M | $27.28M | $16.37M | -$4.17M | -$10.84M | -$18.24M | -$3.92M | -$3.26M |
| EPS? | $-0.90 | $-0.01 | $0.13 | $0.09 | $-0.04 | $-0.14 | $-0.28 | $-2.95 | $-0.72 |
| Diluted EPS? | $-0.90 | $-0.01 | $0.13 | $0.08 | $-0.04 | $-0.14 | $-0.28 | $-2.95 | $-0.73 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality