Velocity Acquisition Corp. (VELO) Financials

$6.34

$0.58 (10.07%)
Last update: 04:00 PM EST
Day's range
$5.45
Day's range
$6.56

VELO Income statement / Annual

Last year (2024), Velo3D, Inc.'s total revenue was $41.00 M, a decrease of 47.05% from the previous year. In 2024, Velo3D, Inc.'s net income was -$73.30 M. See Velo3D, Inc.,s key income statements, including revenue, expenses, profit, and income.

Period FY-2024 FY-2023 FY-2022 FY-2021 FY-2020
Period Ended 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020
Operating Revenue $41.00 M $77.44 M $78.71 M $27.44 M $18.98 M
Cost of Revenue $43.09 M $103.71 M $77.86 M $22.48 M $12.61 M
Gross Profit -$2.09 M -$26.27 M $843.00 K $4.96 M $6.37 M
Gross Profit Ratio -0.05 -0.34 0.01 0.18 0.34
Research and Development Expenses $17.11 M $42.03 M $46.27 M $27.00 M $14.19 M
General & Administrative Expenses $49.35 M $41.73 M $36.98 M $1.61 M $5.78 M
Selling & Marketing Expenses $13.81 M $23.23 M $23.91 M $0.00 $7.00 M
Selling, General & Administrative Expenses $63.15 M $64.96 M $60.89 M $1.61 M $13.39 M
Other Expenses $0.00 $0.00 $0.00 $34.11 M $0.00
Operating Expenses $80.26 M $106.99 M $107.16 M $62.72 M $27.57 M
Cost And Expenses $123.35 M $210.70 M $185.02 M $85.20 M $40.18 M
Interest Income $0.00 $0.00 $0.00 $26.13 K $0.00
Interest Expense $15.97 M $9.72 M $372.00 K -$12.23 M $0.00
Depreciation & Amortization $4.91 M $9.31 M $5.29 M $12.23 M $1.24 M
EBITDA -$52.44 M -$116.11 M $13.63 M $10.27 M -$19.97 M
EBITDA Ratio -1.28 -1.5 0.17 0.37 -1.05
Operating Income Ratio -2.01 -1.72 -1.35 -2.1 -1.12
Total Other Income/Expenses Net $9.03 M -$1.89 M $114.28 M $68.03 M -$600.00 K
Income Before Tax -$73.32 M -$135.14 M $7.97 M $10.27 M -$21.81 M
Income Before Tax Ratio -1.79 -1.75 0.1 0.37 -1.15
Income Tax Expense -$20.00 K $0.00 $0.00 $65.16 K $0.00
Net Income -$73.30 M -$135.14 M $7.97 M $10.20 M -$8.76 M
Net Income Ratio -1.79 -1.75 0.1 0.37 -0.46
EPS -86.55 -357 26.25 1.77 -732.52
EPS Diluted -86.55 -357 26.25 1.77 -732.52
Weighted Average Shares Out $847.27 K $375.92 K $352.32 K $5.75 M $11.95 K
Weighted Average Shares Out Diluted $847.27 K $375.92 K $386.83 K $5.75 M $29.77 K
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