← Viant Technology Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $42.7m |
$60.1m
+40.55%
|
$84.7m
+41.06%
|
$164.9m
+94.65%
|
$165.3m
+0.22%
|
$224.1m
+35.63%
|
$197.2m
-12.03%
|
$222.9m
+13.07%
|
$289.2m
+29.74%
|
$344.2m
+19.00%
|
$362.1m
+5.20%
|
|
| Cost of Revenue | $35.5m |
$44.1m
+24.27%
|
$80.6m
+82.72%
|
$72.5m
-9.98%
|
$88.3m
+21.71%
|
$129.6m
+46.84%
|
$116.7m
-9.94%
|
$120.5m
+3.22%
|
$157.2m
+30.45%
|
$186.6m
+18.74%
|
$198.7m
+6.48%
|
|
| Gross profit | $7.2m |
$16.0m
+120.28%
|
$4.2m
-74.00%
|
$29.9m
+619.62%
|
$19.6m
-34.35%
|
$7.2m
-63.20%
|
$19.4m
+169.23%
|
$18.9m
-2.87%
|
$20.9m
+10.66%
|
$15.2m
-27.00%
|
$163.4m
+972.11%
|
|
| Gross Profit (Calculated) (derived) | $7.2m |
$16.0m
+120.28%
|
$4.2m
-74.00%
|
$92.4m
+2125.76%
|
$77.0m
-16.65%
|
$94.5m
+22.77%
|
$80.4m
-14.90%
|
$102.5m
+27.36%
|
$132.1m
+28.91%
|
$157.6m
+19.32%
|
— | |
| Research and development expenses | $6.9m | $7.6m | $3.2m | $3.1m | $7.0m | $5.8m | $9.0m | $8.8m | $14.3m | $16.4m | $30.8m | |
| Technology and development | — | — | — | $9.2m | $8.7m | $25.4m | $21.3m | $24.8m | $23.7m | $30.5m | — | |
| Selling and Marketing Expense | $5.6m | $4.5m | $8.0m | $29.0m | $28.9m | $65.0m | $64.0m | $50.6m | $53.8m | $64.8m | $119.6m | |
| Sales and marketing | $5.6m | $4.5m | $8.0m | $29.0m | $28.9m | $65.0m | $64.0m | $50.6m | $53.8m | $64.8m | — | |
| General and Administrative Expense | $20.2m | $32.8m | $34.7m | $19.8m | $17.6m | $46.9m | $44.5m | $45.3m | $51.1m | $50.2m | $52.8m | |
| Amortization of Intangible Assets | — | — | — | — | $1.2m | $1.2m | $1.1m | $466k | $183k | $699k | — | |
| Operating expenses | $47.2m | $46.6m | $45.1m | $54.1m | $39.8m | $68.8m | $101.7m | $88.2m | $92.5m | $72.6m | $150.4m | |
| Total operating expenses | — | — | — | $152.1m | $143.5m | $266.9m | $246.4m | $241.2m | $285.8m | $332.1m | $349.1m | |
| Operating Income (Loss) | ($39.9m) |
($30.6m)
+23.30%
|
($40.9m)
-33.69%
|
$12.8m
+131.26%
|
$21.8m
+70.12%
|
($42.8m)
-296.60%
|
($49.3m)
-15.11%
|
($18.3m)
+62.86%
|
$3.5m
+119.01%
|
$12.1m
+247.27%
|
$13.0m
+7.46%
|
|
| Interest Expense | ($903k) | ($549k) | ($898k) | ($1.6m) | $1.1m | $885k | $454k | ($2.5m) | ($1.1m) | ($1.1m) | $1.3m | |
| Interest Expense, Debt | — | — | — | — | $1.0m | $864k | — | — | — | — | $1.3m | |
| Interest income, net | — | — | — | — | $1.0m | $864k | ($1.5m) | ($8.6m) | ($9.2m) | ($6.1m) | — | |
| Interest income | $184k | $74k | $68k | $40k | $55k | $919k | $5.4m | $13.6m | $22.9m | $13.4m | — | |
| Foreign exchange transaction gain (loss) | $8k | $22k | ($4k) | $57k | ($18k) | ($147k) | ($118k) | $242k | ($882k) | $953k | — | |
| Other income (expense): | ||||||||||||
| Other Nonoperating Income (Expense) | — | — | — | — | ($91k) | ($60k) | ($310k) | ($90k) | ($12k) | ($1k) | — | |
| Other expense, net | ($2k) | $36k | $66k | ($1.1m) | $91k | $60k | $310k | $90k | $12k | $1k | — | |
| Nonoperating Income (Expense) | — | — | — | — | ($1.1m) | $5.2m | $1.2m | $8.5m | $9.2m | ($1.9m) | — | |
| Interest Income (Expense), Nonoperating, Net | — | — | — | — | — | — | $1.5m | $8.6m | $9.2m | $6.1m | — | |
| Total other expense (income), net | ($426k) | ($284k) | ($4.4m) | $2.9m | $1.1m | ($5.2m) | ($1.2m) | ($8.5m) | ($9.2m) | $1.9m | — | |
| Income (loss) before income taxes | ($40.3m) | ($30.9m) | ($45.4m) | ($25.4m) | ($19.8m) | ($37.6m) | ($48.1m) | ($9.8m) | $12.5m | $24.1m | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $39.9m | $30.6m | $40.9m | $12.8m | $21.8m | $42.8m | $49.3m | $18.3m | $3.5m | $10.1m | $11.0m | |
| Provision for (benefit from) income taxes | $546k | $308k | $16k | $398k | $282k | $0 | $0 | $151k | $249k | ($14.0m) | — | |
| Current Income Tax Expense (Benefit) | — | — | — | — | — | — | — | $151k | $249k | $720k | ($14.2m) | |
| Net loss | ($40.9m) | ($31.2m) | ($45.4m) | ($25.8m) | ($20.1m) | ($25.9m) | $94.3m | ($61.5m) | ($51.4m) | ($43.7m) | — | |
| Net Income (Loss) Attributable to Parent | ($40.9m) |
($31.4m)
+23.08%
|
($44.1m)
-40.16%
|
$9.9m
+122.52%
|
$20.6m
+107.96%
|
($7.7m)
-137.51%
|
($11.9m)
-53.87%
|
($3.4m)
+71.10%
|
$2.4m
+168.60%
|
$8.4m
+253.60%
|
$9.1m
+8.80%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | $0 | $241k | $1.3m | $427k | $0 | ($29.9m) | ($36.2m) | ($6.5m) | $10.1m | $15.7m | $9.1m | |
| Less: Net income (loss) attributable to noncontrolling interests | $0 | $241k | ($1.3m) | ($427k) | $0 | ($29.9m) | ($36.2m) | ($6.5m) | $10.1m | $15.7m | — | |
| Preferred Stock Dividends, Income Statement Impact | — | — | — | — | $3.0m | — | $0 | $6.5m | $10.1m | — | — | |
| Undistributed Earnings (Loss) Allocated to Participating Securities, Basic | — | — | — | — | $9.4m | — | $0 | — | — | — | — | |
| Earnings Per Share, Basic | — | — | — | $31.31 | $20.64 | ($0.63) | ($0.84) | ($0.23) | $0.15 | $0.51 | $0.55 | |
| Earnings Per Share, Diluted | ($7.23) | ($4.90) | ($19.19) | $1,000.00 | $20.64 | ($0.63) | ($0.84) | ($0.23) | $0.14 | $0.36 | $0.40 | |
| Basic (shares) | — | — | — | $274 | $400 | $12k | $14.2m | $15.2m | $16.2m | $16.4m | $16.8m | |
| Weighted Average Number of Shares Outstanding, Basic | 5.7m | 6.4m | 2.3m | 3.9m | 400 | 12k | 14.2m | 15.2m | 16.2m | 16.4m | 16.8m | |
| Weighted - average shares - diluted | $5.7m | $6.4m | $2.3m | $3.9m | $4.6m | $12.7m | $1.7m | $2.2m | $5.0m | $9.1m | — | |
| Weighted - average shares -basic and diluted | $5.7m | $6.4m | $2.3m | $3.9m | $4.6m | $12.7m | $1.7m | $2.2m | $5.0m | $9.1m | — | |
| Weighted Average Number of Shares Outstanding, Diluted | — | — | — | — | 1k | 12k | 14.2m | 15.2m | 20.5m | 67.0m | 78.7m | |
| Additional Financial Items | ||||||||||||
| Costs and Expenses | — | — | — | $152.1m | $143.5m | $266.9m | $246.4m | $241.2m | $285.8m | $332.1m | — | |
| Goodwill, Impairment Loss | — | — | — | — | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Platform operations | — | — | — | $94.1m | $88.3m | $129.6m | $116.7m | $120.5m | $157.2m | $186.6m | — | |
| Income (loss) from operations | ($39.9m) |
($30.6m)
+23.30%
|
($40.9m)
-33.69%
|
$12.8m
+131.26%
|
$21.8m
+70.12%
|
($42.8m)
-296.60%
|
($49.3m)
-15.11%
|
($18.3m)
+62.86%
|
$3.5m
+119.01%
|
$12.1m
+247.27%
|
$13.0m
+7.46%
|
|
| TRA remeasurement expense | — | — | — | — | — | — | — | $0 | $0 | $10.9m | — | |
| Employee retention credit | — | — | — | — | — | — | — | $0 | $0 | ($2.8m) | — | |
| Allowance for (net recovery of) credit losses | $14.5m | $1.8m | ($841k) | $611k | $2.2m | $8.2m | ($659k) | ($9.0m) | $4.1m | ($2.9m) | — | |
| Impairment loss of property and equipment and other long-lived assets | — | — | — | $0 | $0 | $768k | $0 | $1.0m | $0 | $0 | — | |
| Subsidy income | $289k | $133k | $372k | $1.1m | $1.2m | $356k | $12k | $325k | $131k | $86k | — | |
| Loss (gain) in fair value changes of warrants liability | — | — | — | $0 | $0 | $35.4m | $174.5m | $6.1m | ($934k) | $6k | — | |
| Impairment loss on goodwill and intangible assets | — | — | — | — | $0 | $0 | ($2.3m) | ($10.0m) | $0 | $0 | — | |
| Foreign currency translation adjustment | $99k | ($30k) | $1.8m | $1.4m | ($84k) | ($851k) | $9.3m | $23.8m | $2.0m | ($3.6m) | — | |
| Less: Comprehensive loss attributable to non- controlling interests | $0 | $241k | ($1.3m) | ($427k) | ($876k) | ($3.0m) | ($1.3m) | ($2.3m) | ($1.6m) | ($1.1m) | — | |
| Comprehensive loss attributable to Recon Technology, Ltd | ($40.8m) | ($31.5m) | ($42.3m) | ($24.0m) | ($19.3m) | ($23.7m) | $104.9m | ($35.3m) | ($47.9m) | ($46.2m) | — | |
| Income from investment in unconsolidated entity | — | $0 | $0 | ($960k) | $463k | ($267k) | $15k | $0 | $0 | — | — | |
| Comprehensive income (loss) | ($40.8m) | ($31.2m) | ($43.6m) | ($24.4m) | ($20.2m) | ($26.7m) | $103.6m | ($37.7m) | ($49.4m) | — | — | |
| Remeasurement gain of previously held equity interests in connection with step acquisition | — | — | — | $0 | $0 | $979k | $0 | $0 | — | — | — | |
| Impairment loss of investment in unconsolidated entity | $0 | $0 | $4.0m | $0 | — | — | — | — | — | — | — | |
| Change in fair value of warrants liability | $0 | $0 | — | — | — | — | — | — | — | — | — | |
| Loss from warrants redemption | $0 | $0 | — | — | — | — | — | — | — | — | — |