← INSEEGO CORP.
| 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 | $243.6m |
$219.3m
-9.96%
|
$202.5m
-7.68%
|
$219.5m
+8.41%
|
$313.8m
+42.98%
|
$262.4m
-16.39%
|
$245.3m
-6.51%
|
$195.7m
-20.23%
|
$191.2m
-2.27%
|
$166.2m
-13.10%
|
$172.6m
+3.87%
|
|
| Cost of Goods and Services Sold | $167.2m |
$152.0m
-9.13%
|
$131.9m
-13.22%
|
$155.5m
+17.94%
|
$223.0m
+43.38%
|
$186.5m
-16.38%
|
$178.4m
-4.32%
|
$143.2m
-19.72%
|
$122.4m
-14.51%
|
$95.2m
-22.26%
|
$101.7m
+6.81%
|
|
| Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization | — | — | — | — | — | — | — | $143.2m |
$122.4m
-14.51%
|
$95.2m
-22.26%
|
$101.7m
+6.81%
|
|
| Gross Profit | $76.3m |
$67.3m
-11.78%
|
$70.6m
+4.84%
|
$64.0m
-9.39%
|
$90.8m
+42.01%
|
$75.9m
-16.42%
|
$66.9m
-11.87%
|
$52.5m
-21.60%
|
$68.8m
+31.16%
|
$71.0m
+3.20%
|
$70.9m
-0.08%
|
|
| Research and Development Expense | $30.7m | $21.4m | $20.6m | $23.9m | $45.0m | $52.7m | $59.2m | $21.5m | $20.6m | $19.8m | $21.6m | |
| Selling and Marketing Expense | $29.8m | $25.0m | $23.0m | $28.9m | $35.8m | $38.2m | $33.5m | $21.5m | $16.0m | $17.4m | $47.8m | |
| General and Administrative Expense | $52.4m | $34.4m | $25.3m | $27.3m | $30.7m | $28.2m | $27.3m | $20.7m | $17.2m | $20.8m | $26.3m | |
| Amortization of Intangible Assets | $6.2m | $6.3m | $6.7m | $9.7m | $18.0m | $15.5m | $20.1m | $16.4m | $11.1m | $7.8m | — | |
| Restructuring and Related Cost, Incurred Cost | $2.0m | $5.2m | $1.2m | $60k | — | — | — | — | — | — | — | |
| Operating Expenses | $121.3m | $89.5m | $56.6m | $83.5m | $116.0m | $122.4m | $124.8m | $88.7m | $67.1m | $66.7m | $77.9m | |
| Operating Income (Loss) | ($45.0m) |
($22.2m)
+50.64%
|
$14.0m
+163.07%
|
($19.5m)
-239.49%
|
($25.1m)
-28.60%
|
($46.5m)
-85.09%
|
($57.9m)
-24.50%
|
($36.3m)
+37.36%
|
$1.7m
+104.73%
|
$4.3m
+151.66%
|
($7.0m)
-262.21%
|
|
| Foreign Currency Transaction Gain (Loss), before Tax | ($3.6m) | $200k | ($400k) | ($300k) | ($700k) | — | — | — | — | — | — | |
| Other Nonoperating Income (Expense) | $414k | ($4.1m) | ($895k) | $351k | $992k | $845k | ($1.5m) | $54k | ($850k) | $737k | — | |
| Interest Income (Expense), Nonoperating, Net | ($15.6m) | ($19.3m) | ($20.4m) | ($20.4m) | ($9.9m) | ($6.9m) | ($8.6m) | ($9.1m) | ($10.9m) | ($3.8m) | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | ($51.3m) | ($40.0m) | ($7.3m) | ($39.2m) | ($109.8m) | ($40.9m) | ($63.9m) | ($47.7m) | ($13.9m) | $1.1m | ($11.0m) | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | ($45.6m) | ($7.3m) | ($39.6m) | ($110.4m) | ($47.7m) | ($68.4m) | ($45.3m) | ($13.7m) | $1.3m | ($11.0m) | |
| Current Income Tax Expense (Benefit) | $185k | ($105k) | $801k | $1.1m | $89k | $244k | $105k | $497k | $627k | $32k | $68k | |
| Income Tax Expense (Benefit) | $381k | $214k | $815k | $536k | $748k | $191k | ($465k) | $885k | $689k | $44k | $68k | |
| Net Income (Loss) Attributable to Parent | ($60.6m) |
($45.7m)
+24.50%
|
($8.1m)
+82.38%
|
($40.1m)
-397.95%
|
($111.2m)
-177.17%
|
($48.1m)
+56.73%
|
($68.0m)
-41.23%
|
($49.2m)
+27.65%
|
$4.6m
+109.30%
|
$838k
-81.67%
|
$2.2m
+162.53%
|
|
| Net Income (Loss) Available to Common Stockholders, Basic | ($60.6m) |
($45.7m)
+24.50%
|
($8.1m)
+82.38%
|
($40.5m)
-402.43%
|
($114.1m)
-181.87%
|
($52.4m)
+54.11%
|
($70.7m)
-35.02%
|
($49.2m)
+30.45%
|
$1.3m
+102.65%
|
($2.7m)
-309.98%
|
$2.2m
+180.41%
|
|
| Net Income (Loss) from Continuing Operations Available to Common Shareholders, Basic | ($60.6m) | ($45.7m) | ($8.1m) | ($40.1m) | ($111.2m) | ($48.1m) | ($68.0m) | ($49.2m) | ($17.6m) | ($2.3m) | $2.2m | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $5k | ($105k) | ($85k) | $15k | $29k | $214k | $0 | — | — | — | $2.2m | |
| Preferred Stock Dividends, Income Statement Impact | — | — | $0 | $361k | $2.9m | $4.2m | $2.7m | $3.0m | $3.3m | $3.6m | $3.6m | |
| Earnings Per Share, Basic | ($1.12) | ($0.78) | ($0.12) | ($0.52) | ($1.19) | ($0.51) | ($0.66) | ($4.32) | $0.10 | ($0.18) | $0.14 | |
| Earnings Per Share, Diluted | ($1.12) | ($0.78) | ($0.12) | ($0.52) | ($1.19) | ($0.51) | ($0.66) | ($4.32) | $0.10 | ($0.18) | $0.14 | |
| Income (Loss) from Continuing Operations, Per Basic Share | — | — | — | — | — | — | — | ($45.0m) | ($1) | ($0) | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | — | — | — | — | — | — | — | ($45.0m) | ($1) | ($0) | — | |
| Weighted Average Number of Shares Outstanding, Basic | — | — | — | — | — | 103.2m | 107.3m | 11.4m | 12.5m | 15.1m | 15.7m | |
| Weighted Average Number of Shares Outstanding, Diluted | — | — | — | — | — | 103.2m | 107.3m | 11.4m | 12.5m | 15.1m | 16.0m | |
| Additional Financial Items | ||||||||||||
| Goodwill, Impairment Loss | — | — | — | — | — | — | — | $0 | $0 | $0 | $341k | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | — | — | $45.0m | ($14.4m) | $1.2m | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | — | — | $1.2m | $18.9m | ($400k) | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | — | — | $1.2m | $18.9m | ($400k) | — |