Vecima Networks Inc.
TSX:VCM.TO · Toronto Stock Exchange
+$0.00 today
Vol 0.00M · Avg 0.01M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Stock Ticker Earnings Waterfall
TSX:VCM.TO · Revenue to Net Income
Key Ratios
Analysis
$278.4M of revenue converted into -$13.1M of net income for the selected period. Gross margin is 36.0% and net margin is -4.8%, showing how much revenue survives after costs and taxes. EPS is $-0.54, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $285.9M -1.8% | $291.0M -4.1% | $303.4M +62.4% | $186.8M +50.4% | $124.2M | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $176.4M +14.3% | $154.4M -4.4% | $161.5M +66.7% | $96.9M +43.4% | $67.5M | $725.6M | $804.0M | $882.4M |
| Gross Profit | $109.4M -19.9% | $136.7M -3.7% | $142.0M +57.8% | $90.0M +58.8% | $56.6M | $8.9B | $7.6B | $6.2B |
| Gross Margin | 38.3% -8.7pp | 47.0% +0.2pp | 46.8% -1.4pp | 48.2% +2.5pp | 45.6% | 9.8% | 28.9% | 38.3% |
| Research & Development | $62.9M +42.3% | $44.2M -3.9% | $46.0M +25.7% | $36.6M +39.3% | $26.2M | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $65.2M +6.8% | $61.1M +2.5% | $59.6M +38.7% | $43.0M +34.9% | $31.9M | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $121.9M +13.9% | $107.1M -1.5% | $108.7M +35.0% | $80.5M +39.3% | $57.8M | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $13.8M -37.8% | $22.3M +11.3% | $20.0M +12.1% | $17.8M +21.0% | $14.8M | $374.2M | $1.2B | $631.8M |
| EBITDA | -$851.0K -101.7% | $49.8M -10.9% | $55.9M +92.4% | $29.0M +169.8% | $10.8M | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | -0.3% -17.4pp | 17.1% -1.3pp | 18.4% +2.9pp | 15.5% +6.9pp | 8.7% | 5.6% | 46.3% | 42.0% |
| Operating Income | -$2.4M -108.1% | $29.6M -11.1% | $33.3M +252.8% | $9.4M +906.6% | -$1.2M | $12.3B | $14.0B | -$15.7B |
| Operating Margin | -0.8% -11.0pp | 10.2% -0.8pp | 11.0% +5.9pp | 5.1% +6.0pp | -0.9% | 16.6% | 24.1% | 22.0% |
| Interest Income | $24.0K +100.0% | $12.0K -40.0% | $20.0K -25.9% | $27.0K -90.8% | $293.0K | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $10.0M +40.5% | $7.1M +198.7% | $2.4M +693.7% | $301.0K +34.4% | $224.0K | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | -$22.3M -146.4% | -$9.1M -3012.9% | $311.0K -80.7% | $1.6M +155.4% | -$2.9M | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | -$24.7M -220.4% | $20.5M -38.9% | $33.6M +204.2% | $11.0M +371.2% | -$4.1M | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | -8.6% -15.7pp | 7.1% -4.0pp | 11.1% +5.2pp | 5.9% +9.2pp | -3.3% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | -$7.0M -709.0% | $1.1M -82.1% | $6.4M +170.9% | $2.4M +224.8% | -$1.9M | $1.3B | -$1.6B | $745.2M |
| Net Income | -$17.8M -191.6% | $19.4M -28.7% | $27.2M +213.2% | $8.7M +2725.1% | -$331.0K | $4.9B | $4.8B | $4.7B |
| Net Margin | -6.2% -12.9pp | 6.7% -2.3pp | 9.0% +4.3pp | 4.7% +4.9pp | -0.3% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | -$1 -191.3% | $1 -30.4% | $1 +202.6% | $0 +2702.7% | -$0 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | -$1 -191.3% | $1 -30.4% | $1 +202.6% | $0 +2702.7% | -$0 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $24.3M +0.0% | $24.3M +2.5% | $23.7M +2.7% | $23.1M +1.5% | $22.7M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $24.3M -0.1% | $24.3M +2.5% | $23.7M +2.7% | $23.1M +1.6% | $22.7M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector
WonderFi Technologies Inc.
WNDR.TO
$239.93M
Quarterhill Inc.
TSX:QTRH.TO
$209.07M
Tucows Inc.
TSX:TC.TO
$206.04M
Sangoma Technologies Corporation
TSX:STC.TO
$167.06M
Xtract One Technologies Inc.
TSX:XTRA.TO
$163.75M
Alithya Group Inc.
TSX:ALYA.TO
$95.80M
BeWhere Holdings Inc.
BEW.V
$75.74M
Intermap Technologies Corporation
TSX:IMP.TO
$55.88M
Baylin Technologies Inc.
BYL.TO
$45.81M
Edgewater Wireless Systems Inc.
YFI.V
$9.57M
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does VCM.TO generate?
Vecima Networks Inc. (VCM.TO) reported $285.86M of revenue in fiscal 2025.
Is VCM.TO profitable?
Vecima Networks Inc. (VCM.TO) reported -$17,762,000.00 of net income, with a net margin of -6.2%.
Explore More
Continue the stock analysis
Jump to another research area for this company.