Veritone Inc (0LP5.L)

Technology | Software Services
Income Statement (Quarterly) 2025-09-30 2025-06-30 2025-03-31 2024-12-31
Revenue 29,118,000 24,013,000 22,463,000 22,433,000
Cost of Revenue 15,937,000 7,478,000 7,834,000 6,688,000
Gross Profit 13,181,000 16,535,000 14,629,000 15,745,000
Operating Expenses
R&D Expenses 0 0 0 0
SG&A Expenses 23,489,000 23,749,000 24,109,000 22,821,000
Operating Expenses 28,983,000 35,853,000 36,263,000 35,426,000
Operating Income -15,802,000 -19,318,000 -21,634,000 -19,681,000
Interest Expense 2,908,000 2,822,000 2,800,000 3,586,000
Income Before Tax -27,163,000 -25,914,000 -20,201,000 -24,408,000
Income Tax Expense -283,000 884,000 -326,000 -148,000
Net Income -26,880,000 -26,798,000 -19,875,000 31,793,000
Per Share
EPS -0.36 -0.54 -0.45 -0.91
EPS Diluted 0.00 0.00 0.00 0.00
Income Statement (Annual) 2024-12-31 2023-12-31 2022-12-31
Revenue 92,637,000 127,560,000 149,728,000
Cost of Revenue 27,254,000 28,256,000 49,924,000
Gross Profit 65,383,000 99,304,000 99,804,000
Operating Expenses
R&D Expenses 0 0 0
SG&A Expenses 98,262,000 125,835,000 113,901,000
Operating Expenses 153,589,000 191,640,000 157,292,000
Operating Income -88,206,000 -92,336,000 -57,488,000
Interest Expense 12,071,000 2,447,000 4,862,000
Income Before Tax -100,193,000 -61,673,000 -23,248,000
Income Tax Expense -3,861,000 -3,048,000 2,309,000
Net Income -37,384,000 -58,625,000 -25,557,000
Per Share
EPS -0.98 -1.59 -0.71
EPS Diluted 0.00 0.00 0.00
Balance Sheet (Quarterly) 2024-12-31 2023-12-31 2022-12-31
Assets
Cash and Cash Equivalents 16,911,000 79,439,000 184,423,000
Short Term Investments 0 0 0
Net Receivables 32,851,000 83,151,000 78,340,000
Inventory 0 0 1
Total Current Assets 59,406,000 182,770,000 278,005,000
Property Plant Equipment 10,892,000 10,325,000 7,046,000
Goodwill and Intangibles 112,610,000 163,670,000 126,162,000
Total Assets 198,060,000 375,814,000 424,752,000
Liabilities
Account Payables 25,905,000 32,756,000 36,738,000
Short Term Debt 8,448,000 8,161,000 2,112,000
Total Current Liabilities 60,957,000 188,825,000 193,323,000
Long Term Debt 111,451,000 134,892,000 137,767,000
Total Liabilities 184,608,000 337,667,000 344,901,000
Shareholders Equity
Retained Earnings -467,280,000 -429,896,000 -371,271,000
Total Shareholders Equity 13,452,000 38,147,000 79,851,000
Balance Sheet (Annual) 2024-12-31 2023-12-31 2022-12-31
Assets
Cash and Cash Equivalents 16,911,000 79,439,000 184,423,000
Short Term Investments 0 0 0
Net Receivables 32,851,000 83,151,000 78,340,000
Inventory 0 0 1
Total Current Assets 59,406,000 182,770,000 278,005,000
Property Plant Equipment 10,892,000 10,325,000 7,046,000
Goodwill and Intangibles 112,610,000 163,670,000 126,162,000
Total Assets 198,060,000 375,814,000 424,752,000
Liabilities
Account Payables 25,905,000 32,756,000 36,738,000
Short Term Debt 8,448,000 8,161,000 2,112,000
Total Current Liabilities 60,957,000 188,825,000 193,323,000
Long Term Debt 111,451,000 134,892,000 137,767,000
Total Liabilities 184,608,000 337,667,000 344,901,000
Shareholders Equity
Retained Earnings -467,280,000 -429,896,000 -371,271,000
Total Shareholders Equity 13,452,000 38,147,000 79,851,000
Cash Flow Statement (Quarterly) 2024-12-31 2023-12-31 2022-12-31
Operating Activities
Net Income -96,332,000 -58,625,000 -25,557,000
Depreciation & Amortization 29,339,000 27,663,000 23,545,000
Stock Based Compensation 7,705,000 10,950,000 19,115,000
Change in Working Capital 880,000 -22,029,000 28,273,000
Operating Cash Flow -24,723,000 -76,421,000 3,737,000
Investing Activities
Capital Expenditure -6,098,000 -5,120,000 -4,765,000
Investments -6,098,000 -5,120,000 -4,765,000
Investing Cash Flow -1,608,000 -54,884,000 -12,104,000
Financing Activities
Debt Repayment -36,324,000 40,000,000 -39,029,000
Common Stock Issued/Repurchased 4,501,000 -89,000 -8,419,000
Dividends Paid 0 0 -9,766,000
Financing Cash Flow -37,062,000 26,329,000 -61,928,000
Summary
Free Cash Flow -30,821,000 -81,541,000 -1,028,000
Net Change in Cash -62,988,000 -104,976,000 -70,299,000
Cash Flow Statement (Annual) 2024-12-31 2023-12-31 2022-12-31
Operating Activities
Net Income -96,332,000 -58,625,000 -25,557,000
Depreciation & Amortization 29,339,000 27,663,000 23,545,000
Stock Based Compensation 7,705,000 10,950,000 19,115,000
Change in Working Capital 880,000 -22,029,000 28,273,000
Operating Cash Flow -24,723,000 -76,421,000 3,737,000
Investing Activities
Capital Expenditure -6,098,000 -5,120,000 -4,765,000
Investments -6,098,000 -5,120,000 -4,765,000
Investing Cash Flow -1,608,000 -54,884,000 -12,104,000
Financing Activities
Debt Repayment -36,324,000 40,000,000 -39,029,000
Common Stock Issued/Repurchased 4,501,000 -89,000 -8,419,000
Dividends Paid 0 0 -9,766,000
Financing Cash Flow -37,062,000 26,329,000 -61,928,000
Summary
Free Cash Flow -30,821,000 -81,541,000 -1,028,000
Net Change in Cash -62,988,000 -104,976,000 -70,299,000