
Intevac Income Statement 2024-2008 | IVAC
Brief overview of financial performance at Intevac
The overview follows changes across a five-year period. According to figures from Intevac, revenue changed from $109 million to $64 million over five years. The five-year change reached −41.2%, while CAGR stood at −10.1%. The negative rate indicates weakening core operations.
Gross profit was 40.9 million dollars at the start and 2.5 million dollars at the end of the period (−93.8%). The cost base moved against the top-line trend and weighed on the gross result. At the margin level, the figure shifted from 37.5% to 4%. The margin decline reflects a less favorable sales-and-cost structure.
Over the period, EBITDA shifted from 7.5 million dollars to −41.4 million dollars, a change of −650.8%. Changes in revenue did not translate into comparable EBITDA performance. EBITDA margin was 6.9% at the start and −64.7% at the end. The margin contraction indicates weaker operating efficiency.
Across the five years, the net result shifted from $1.1 million to −$39.8 million. A positive result was not sustained and the period ended with a loss.
Market capitalization changed from $161 million to $108 thousand (−99.9%). Capitalization grew more slowly than the underlying results.
What the figures show
The results contain several connected negative signals. The most visible risks are pressure on operating profitability, a low EBITDA margin and lower net income. Further direction will depend on top-line growth, operating profitability, and net income.
Annual Income Statement Intevac
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
108 K | 105 K | 186 K | 118 M | - | 161 M | 121 M | 145 M | 98.2 M | 158 M | - | 183 M | 96.4 M | 193 M | - | - | - |
Shares |
26.8 K | 26.1 K | 25.2 K | 23.7 M | - | 23.1 M | 22.5 M | 21.6 M | 22.2 M | 23.7 M | - | 23.8 M | 23.3 M | 22.9 M | 22.3 M | 22 M | - |
Historical Prices |
4.05 | 4.02 | 7.4 | 5.64 | 6.7 | 6 | 5.56 | 6.8 | 9.4 | 4.47 | 6.5 | 7.42 | 4.21 | 8.33 | - | - | - |
Net Income |
-39.8 M | -12.2 M | -17.1 M | 1.06 M | - | 1.15 M | 3.58 M | 4.12 M | -9.17 M | -27.4 M | - | -15.7 M | -55.3 M | -22 M | 28 M | -10.1 M | - |
Revenue |
64 M | 52.7 M | 35.8 M | 52.1 M | - | 109 M | 95.1 M | 113 M | 75.2 M | 65.6 M | - | 69.6 M | 83.4 M | 83 M | - | - | - |
Cost of Revenue |
61.4 M | 32.4 M | 20.7 M | 57.3 M | - | 68 M | 62.4 M | 67.2 M | 49.7 M | 48.1 M | - | 47.7 M | 49.3 M | 52.5 M | 115 M | 45.3 M | - |
Gross Profit |
2.53 M | 20.2 M | 15.1 M | 40.5 M | - | 40.9 M | 32.7 M | 45.7 M | 26.3 M | 17.4 M | - | 22 M | 34.2 M | 30.4 M | 87.7 M | 32.7 M | - |
Operating Income |
-43.2 M | -13.2 M | -16.5 M | 2.56 M | - | 3.92 M | -4.22 M | 4.85 M | -7.56 M | -19.4 M | - | -17.8 M | -42.5 M | -30.7 M | 31.2 M | -17.3 M | - |
Interest Expense |
1.56 M | -53 K | -155 K | -72 K | - | 8 K | 106 K | 82 K | 178 K | 158 K | - | 126 K | -352 K | -212 K | -126 K | -108 K | - |
EBITDA |
-41.4 M | -11.8 M | -15.1 M | 5.76 M | - | 7.52 M | 397 K | 8.72 M | -4.14 M | -14.6 M | - | -16.8 M | -18.8 M | -25.3 M | 36.5 M | -12.3 M | - |
Operating Expenses |
45.8 M | 33.5 M | 31.6 M | 38 M | - | 36.9 M | 36.9 M | 40.8 M | 35.1 M | 36.8 M | - | 43.3 M | 57.5 M | 61.2 M | 56.4 M | 50.1 M | - |
General and Administrative Expenses |
18.2 M | 18.3 M | 17.9 M | 23.9 M | - | 22.6 M | 20.2 M | 23.3 M | 19.6 M | 21.2 M | - | 22.3 M | 25.7 M | 26.9 M | 28.5 M | 22 M | - |
All numbers in USD currency
Quarterly Income Statement Intevac
| 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
26.9 K | 26.7 K | 26.5 K | 26.3 K | 26 K | 25.8 K | 24.6 K | 25.4 M | 25.1 M | 24.8 M | 23.7 M | 24.5 M | 24.2 M | 24 M | - | 23.8 M | 23.6 M | 23.5 M | 23.3 M | 23.1 M | 23 M | 22.9 M | 22.7 M | 22.7 M | 22.5 M | 22.1 M | 21.8 M | 21.7 M | 21.5 M | 21.2 M | 20.9 M | 20.9 M | 20.7 M | 20.6 M | 23.3 M | 22 M | 22.6 M | 23.2 M | - | 23.7 M | 23.9 M | 23.9 M | 23.8 M | 23.9 M | 23.8 M | 23.7 M | 23.5 M | 23.4 M | 23.3 M | 23.2 M | 23.1 M | 23 M | 22.9 M | - |
Net Income |
-2.17 M | -3.26 M | -1.61 M | -1.58 M | -4.88 M | -3.89 M | - | -3.24 M | -2.82 M | -7.86 M | 1.06 M | -4.23 M | -6.13 M | -6.5 M | - | -357 K | 1.52 M | -1.22 M | - | -480 K | -1.18 M | -2.39 M | - | -1.1 M | -167 K | -5.14 M | -41 K | 1.23 M | 1.1 M | 1.83 M | 2.84 M | -481 K | -3.49 M | -6.3 M | -14.4 M | -3.76 M | 12 K | -2.89 M | - | -3.56 M | -5.01 M | -4.52 M | 1.72 M | -2.74 M | -6.41 M | -8.26 M | -42.7 M | -8.01 M | -1.49 M | -3.16 M | -6.21 M | -6.12 M | -2.62 M | -7.03 M |
Revenue |
28.5 M | 14.5 M | 9.63 M | 17.9 M | 10.3 M | 11.5 M | - | 10.8 M | 9.31 M | 4.44 M | 52.1 M | 14.8 M | 13.8 M | 16.2 M | - | 21.6 M | 28.8 M | 18.8 M | - | 26.3 M | 22.3 M | 24.8 M | - | 19.5 M | 26.1 M | 18 M | 24.8 M | 26.7 M | 31 M | 30.4 M | 29 M | 22.6 M | 14.9 M | 13.7 M | 19.1 M | 18.4 M | 20.5 M | 19.9 M | - | 14.8 M | 14.7 M | 17 M | 20.6 M | 19.1 M | 17 M | 13 M | 17.5 M | 16.8 M | 31.8 M | 17.3 M | 18.6 M | 19.3 M | 27.6 M | 17.4 M |
Cost of Revenue |
21.4 M | 8.98 M | 5.43 M | 10.9 M | 7.73 M | 6.82 M | - | 5.86 M | 4.82 M | 3.72 M | 29.7 M | 9.27 M | 10.7 M | 13.2 M | - | 12.3 M | 17.4 M | 10.7 M | - | 17.5 M | 14 M | 17.6 M | - | 12 M | 16.3 M | 13.1 M | - | 15.4 M | 19.5 M | 17.3 M | - | 14 M | 8.79 M | 9.81 M | - | 13.5 M | 12.7 M | 13 M | - | 9.94 M | 9.5 M | 12.2 M | - | 12.2 M | 13.2 M | 9.47 M | - | 11.1 M | 17.5 M | 10.5 M | - | 11.8 M | 17.4 M | 11 M |
Gross Profit |
7.06 M | 5.55 M | 4.2 M | 7 M | 2.57 M | 4.72 M | - | 4.89 M | 4.49 M | 723 K | 22.4 M | 5.53 M | 3.11 M | 3.05 M | - | 9.3 M | 11.4 M | 8.16 M | - | 8.78 M | 8.36 M | 7.24 M | - | 7.49 M | 9.76 M | 4.88 M | 9.85 M | 11.3 M | 11.5 M | 13 M | 11.9 M | 8.52 M | 6.13 M | 3.86 M | 2.6 M | 4.91 M | 7.81 M | 6.92 M | - | 4.82 M | 5.21 M | 4.81 M | 7.74 M | 6.9 M | 3.83 M | 3.51 M | 7.34 M | 5.73 M | 14.3 M | 6.82 M | 6.4 M | 7.52 M | 10.1 M | 6.38 M |
Operating Income |
-1.75 M | -3.27 M | -4.45 M | -1.43 M | -5.45 M | -4.45 M | - | -3.16 M | -2.4 M | -7.69 M | -8.88 M | -3.97 M | -6.31 M | -6.5 M | - | -148 K | 2.1 M | -1.1 M | - | -433 K | -928 K | -2 M | - | -1.09 M | 65 K | -5.12 M | - | 1.27 M | 1.34 M | 2.09 M | - | -324 K | -3.81 M | -6.32 M | - | -3.78 M | 283 K | -2.94 M | - | -4.08 M | -5.25 M | -4.72 M | - | -2.98 M | -6.99 M | -9.02 M | - | -11 M | -678 K | -6.96 M | - | -8.07 M | -4.66 M | -9.52 M |
Interest Expense |
- | - | - | - | - | - | - | - | - | - | -128 K | - | - | - | - | - | - | - | - | 126 K | 163 K | 160 K | - | 186 K | 133 K | 145 K | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
EBITDA |
-267 K | -2.26 M | -3.89 M | -390 K | -4.77 M | -4.11 M | - | -2.06 M | -1.62 M | -7.24 M | -8.88 M | -1.4 M | -4.62 M | -5.71 M | - | 2.5 M | 3.9 M | -242 K | - | 2.34 M | 992 K | -963 K | - | 2.49 M | 2.62 M | -4.08 M | - | 4.14 M | 3.31 M | 3.11 M | - | 3.42 M | -1.15 M | -5.14 M | - | -327 K | 2.61 M | -1.77 M | - | -589 K | -2.91 M | -3.53 M | - | 298 K | -4.9 M | -7.99 M | - | -7.62 M | 1.62 M | -5.71 M | - | -3.96 M | -1.84 M | -8.13 M |
Operating Expenses |
8.81 M | 8.82 M | 8.65 M | 8.43 M | 8.02 M | 9.17 M | - | 8.05 M | 6.88 M | 8.41 M | 31.3 M | 9.5 M | 9.42 M | 9.56 M | - | 9.45 M | 9.32 M | 9.26 M | - | 9.21 M | 9.28 M | 9.24 M | - | 8.58 M | 9.7 M | 10 M | - | 10 M | 10.1 M | 11 M | - | 8.84 M | 9.93 M | 10.2 M | - | 8.69 M | 7.52 M | 9.86 M | - | 8.9 M | 10.5 M | 9.53 M | - | 9.88 M | 10.8 M | 12.3 M | - | 16.7 M | 14.9 M | 16 M | - | 15.6 M | 14.8 M | 15.9 M |
General and Administrative Expenses |
4.84 M | 5.31 M | 4.28 M | 4.71 M | 4.38 M | 5.2 M | - | 4.74 M | 4.02 M | 4.25 M | 18.1 M | 5.75 M | 5.52 M | 5.93 M | - | 5.84 M | 5.61 M | 5.97 M | - | 5.62 M | 5.85 M | 5.25 M | - | 4.84 M | 4.71 M | 5.83 M | - | 5.5 M | 5.71 M | 6.27 M | - | 4.77 M | 4.96 M | 5 M | - | 4.74 M | 4.58 M | 5.25 M | - | 4.91 M | 5.9 M | 5.26 M | - | 5.63 M | 5.24 M | 5.97 M | - | 6.39 M | 6.67 M | 6.77 M | - | 6.98 M | 6.51 M | 6.88 M |
All numbers in USD currency
The income statement is one of the three key financial reports of a company Intevac (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.