NOVANTA 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 $384.8m $521.3m $614.3m $626.1m $590.6m $706.8m $860.9m $881.7m $949.2m $980.6m
Cost of Revenue $222.3m $300.8m $352.8m $364.0m $346.1m $406.5m $482.4m $481.8m $527.7m $545.3m
Gross Profit $162.5m $220.5m $261.5m $262.1m $244.5m $300.3m $378.5m $399.9m $421.5m $435.3m
Operating Expenses $129.9m $163.3m $190.5m $206.8m $188.6m $236.3m $275.4m $289.4m $311.0m $341.3m
Operating Income (Loss) $32.6m $57.2m $71.0m $55.3m $55.9m $64.1m $103.1m $110.5m $110.6m $94.0m
Additional Financial Items
Amortization of Intangible Assets $8.3m $12.1m $15.6m $15.9m $14.0m $16.6m $26.3m $20.4m $25.8m $27.5m
Foreign Currency Transaction Gain (Loss), before Tax $2.3m ($447k) $147k ($780k) ($942k) ($127k) $67k ($255k) $413k ($2.2m)
Income (Loss) from Continuing Operations, Per Basic Share $1 $1
Income (Loss) from Continuing Operations, Per Diluted Share $1 $1
Income (Loss) from Equity Method Investments $2.2m $104k
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $32.5m $76.1m $61.3m $45.8m $48.4m $56.2m $87.2m $83.7m $79.1m $69.6m
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent $22.0m $60.1m
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $22.0m $62.3m
Net Income (Loss) Attributable to Parent $22.0m $60.1m $49.1m $40.8m $44.5m $50.3m $74.1m $72.9m $64.1m $53.8m
Earnings Per Share, Basic $0.63 $1.14 $1.46 $1.16 $1.27 $1.42 $2.08 $2.03 $1.78 $1.47
Earnings Per Share, Diluted $0.63 $1.13 $1.43 $1.15 $1.25 $1.41 $2.06 $2.02 $1.77 $1.47
Weighted Average Number of Shares Outstanding, Basic 34.7m 34.8m 34.9m 35.0m 35.1m 35.4m 35.7m 35.8m 36.0m 36.6m
Weighted Average Number of Shares Outstanding, Diluted 34.9m 35.3m 35.5m 35.5m 35.7m 35.8m 35.9m 36.0m 36.1m 36.7m
Selling, General and Administrative Expense $81.7m $102.0m $115.9m $118.4m $109.9m $129.2m $158.9m $164.5m $175.9m $195.7m
Other Nonoperating Income (Expense) $2.2m $142k ($44k) ($243k) $21k ($368k) ($371k) ($675k) ($442k) ($708k)
Business Combination, Acquisition Related Costs $7.2m $6.0m $7.9m ($667k) $9.7m ($24k) $1.0m $3.2m $6.5m
Current Income Tax Expense (Benefit) $12.3m $16.4m $16.3m $9.3m $8.0m $9.8m $31.8m $25.6m $30.9m $24.7m
Research and Development Expense $32.0m $41.7m $51.0m $56.0m $61.0m $72.5m $85.8m $91.7m $95.5m $95.5m
Restructuring Costs $3.0m $346k $2.0m $8.6m $4.5m $8.3m $4.4m $11.8m $10.5m $16.1m
Income Tax Expense (Benefit) $10.5m $13.8m $10.2m $5.0m $3.9m $5.8m $13.1m $10.9m $15.0m $15.8m
Interest Income (Expense), Net ($4.6m) ($7.2m)
Interest Income (Expense), Nonoperating, Net ($9.8m) ($8.5m) ($6.6m) ($7.4m) ($15.6m) ($25.8m) ($31.5m) ($21.5m)