← 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
Total Revenue $42.7m $60.1m $84.7m $164.9m $165.3m $224.1m $197.2m $222.9m $289.2m $344.2m
Cost of Revenue $35.5m $44.1m $80.6m $72.5m $88.3m $129.6m $116.7m $120.5m $157.2m $186.6m
Gross profit $7.2m $16.0m $4.2m $29.9m $19.6m $7.2m $19.4m $18.9m $20.9m $15.2m
Gross Profit (Calculated) (derived) $7.2m $16.0m $4.2m $92.4m $77.0m $94.5m $80.4m $102.5m $132.1m $157.6m
Operating expenses:
Total operating expenses — — — $152.1m $143.5m $266.9m $246.4m $241.2m $285.8m $332.1m
Operating Income (Loss) ($39.9m) ($30.6m) ($40.9m) $12.8m $21.8m ($42.8m) ($49.3m) ($18.3m) $3.5m $12.1m
Additional Financial Items
Amortization of Intangible Assets — — — — $1.2m $1.2m $1.1m $466k $183k $699k
Goodwill, Impairment Loss — — — — $0 $0 $0 $0 $0 $0
Income (Loss) from Continuing Operations before Income Taxes, Domestic $39.9m $30.6m $40.9m $12.8m $21.8m $42.8m $49.3m $18.3m $3.5m $10.1m
Preferred Stock Dividends, Income Statement Impact — — — — $3.0m — $0 $6.5m $10.1m —
Undistributed Earnings (Loss) Allocated to Participating Securities, Basic — — — — $9.4m — $0 — — —
Platform operations — — — $94.1m $88.3m $129.6m $116.7m $120.5m $157.2m $186.6m
Sales and marketing $5.6m $4.5m $8.0m $29.0m $28.9m $65.0m $64.0m $50.6m $53.8m $64.8m
Technology and development — — — $9.2m $8.7m $25.4m $21.3m $24.8m $23.7m $30.5m
General and administrative $20.2m $32.8m $34.7m $19.8m $17.6m $46.9m $44.5m $45.3m $51.1m $50.2m
Income (loss) from operations ($39.9m) ($30.6m) ($40.9m) $12.8m $21.8m ($42.8m) ($49.3m) ($18.3m) $3.5m $12.1m
Interest income, net — — — — $1.0m $864k ($1.5m) ($8.6m) ($9.2m) ($6.1m)
Employee retention credit — — — — — — — $0 $0 ($2.8m)
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
Provision for (benefit from) income taxes $546k $308k $16k $398k $282k $0 $0 $151k $249k ($14.0m)
Basic (shares) — — — $274 $400 $12k $14.2m $15.2m $16.2m $16.4m
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
Interest income $184k $74k $68k $40k $55k $919k $5.4m $13.6m $22.9m $13.4m
Loss (gain) in fair value changes of warrants liability — — — $0 $0 $35.4m $174.5m $6.1m ($934k) $6k
Foreign exchange transaction gain (loss) $8k $22k ($4k) $57k ($18k) ($147k) ($118k) $242k ($882k) $953k
Impairment loss on goodwill and intangible assets — — — — — $0 ($2.3m) ($10.0m) $0 $0
Net loss ($40.9m) ($31.2m) ($45.4m) ($25.8m) ($20.1m) ($25.9m) $94.3m ($61.5m) ($51.4m) ($43.7m)
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 on goodwill — — — — $0 $0 ($2.3m) — — —
Impairment loss of investment in unconsolidated entity $0 $0 $4.0m $0 — — — — — —
Loss before income tax ($40.3m) ($30.9m) ($45.4m) ($25.4m) ($19.8m) ($37.6m) ($48.1m) ($9.8m) $12.5m $24.1m
Change in fair value of warrants liability $0 $0 — — — — — — — —
Loss from warrants redemption $0 $0 — — — — — — — —
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
Net Income (Loss) Attributable to Parent ($40.9m) ($31.4m) ($44.1m) $9.9m $20.6m ($7.7m) ($11.9m) ($3.4m) $2.4m $8.4m
Net Income (Loss) Available to Common Stockholders, Basic ($40.9m) ($31.4m) ($44.1m) $9.9m $6.3m ($7.7m) ($11.9m) ($3.4m) $2.4m $8.4m
Net Income (Loss) Attributable to Noncontrolling Interest $0 $241k $1.3m $427k $0 ($29.9m) ($36.2m) ($6.5m) $10.1m $15.7m
Less: Net income (loss) attributable to noncontrolling interests $0 $241k ($1.3m) ($427k) $0 ($29.9m) ($36.2m) ($6.5m) $10.1m $15.7m
Earnings Per Share, Basic — — — $31.31 $20.64 ($0.63) ($0.84) ($0.23) $0.15 $0.51
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
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
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
Other income (expense):
Research and development expenses $6.9m $7.6m $3.2m $3.1m $7.0m $5.8m $9.0m $8.8m $14.3m $16.4m
General and Administrative Expense $20.2m $32.8m $34.7m $19.8m $17.6m $46.9m $44.5m $45.3m $51.1m $50.2m
Selling and Marketing Expense $5.6m $4.5m $8.0m $29.0m $28.9m $65.0m $64.0m $50.6m $53.8m $64.8m
Other Nonoperating Income (Expense) — — — — ($91k) ($60k) ($310k) ($90k) ($12k) ($1k)
Costs and Expenses — — — $152.1m $143.5m $266.9m $246.4m $241.2m $285.8m $332.1m
Other expense, net ($2k) $36k $66k ($1.1m) $91k $60k $310k $90k $12k $1k
TRA remeasurement expense — — — — — — — $0 $0 $10.9m
Interest Expense ($903k) ($549k) ($898k) ($1.6m) $1.1m $885k $454k ($2.5m) ($1.1m) ($1.1m)
Interest Expense, Debt — — — — $1.0m $864k — — — —
Current Income Tax Expense (Benefit) — — — — — — — $151k $249k $720k
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 Tax Expense (Benefit) — — — — $0 — $0 $151k $249k ($14.0m)

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.