AUDC
Income statement / Annual
Last year (2023), AudioCodes Ltd.'s total revenue was $244.38 M,
a decrease of 11.16% from the previous year.
In 2023, AudioCodes Ltd.'s net income was $8.78 M.
See AudioCodes Ltd.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$244.38 M |
$275.09 M |
$248.92 M |
$220.77 M |
$200.29 M |
$176.22 M |
$156.74 M |
$145.57 M |
$139.76 M |
$151.58 M |
| Cost of Revenue |
$86.03 M
|
$96.32 M
|
$78.03 M
|
$70.96 M
|
$105.33 M
|
$65.62 M
|
$58.89 M
|
$57.23 M
|
$56.97 M
|
$62.59 M
|
| Gross Profit |
$158.35 M
|
$178.78 M
|
$170.89 M
|
$149.82 M
|
$94.96 M
|
$110.61 M
|
$97.85 M
|
$88.34 M
|
$82.79 M
|
$88.99 M
|
| Gross Profit Ratio |
0.65
|
0.65
|
0.69
|
0.68
|
0.47
|
0.63
|
0.62
|
0.61
|
0.59
|
0.59
|
| Research and Development Expenses |
$57.17 M
|
$59.84 M
|
$53.40 M
|
$46.07 M
|
$41.20 M
|
$34.66 M
|
$30.35 M
|
$29.14 M
|
$28.00 M
|
$32.28 M
|
| General & Administrative Expenses |
$16.51 M
|
$17.49 M
|
$15.91 M
|
$14.18 M
|
$11.78 M
|
$10.25 M
|
$8.89 M
|
$6.36 M
|
$8.73 M
|
$7.68 M
|
| Selling & Marketing Expenses |
$70.24 M
|
$70.12 M
|
$62.06 M
|
$51.22 M
|
$51.54 M
|
$49.34 M
|
$48.95 M
|
$45.08 M
|
$43.36 M
|
$45.53 M
|
| Selling, General & Administrative Expenses |
$86.76 M
|
$87.62 M
|
$77.97 M
|
$65.39 M
|
$63.31 M
|
$59.59 M
|
$57.85 M
|
$51.45 M
|
$52.09 M
|
$53.21 M
|
| Other Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Operating Expenses |
$143.93 M
|
$147.46 M
|
$131.37 M
|
$111.47 M
|
$104.51 M
|
$94.25 M
|
$88.20 M
|
$80.59 M
|
$80.08 M
|
$85.49 M
|
| Cost And Expenses |
$229.96 M
|
$243.77 M
|
$209.40 M
|
$182.42 M
|
$209.84 M
|
$159.86 M
|
$147.09 M
|
$137.82 M
|
$137.05 M
|
$148.08 M
|
| Interest Income |
$3.04 M
|
$2.80 M
|
$2.69 M
|
$1.26 M
|
$1.01 M
|
$1.13 M
|
$1.21 M
|
$1.85 M
|
$2.30 M
|
$1.77 M
|
| Interest Expense |
$1.57 M
|
$2.86 M
|
$621,000.00
|
$657,000.00
|
$198,000.00
|
$266,000.00
|
$294,000.00
|
$262,000.00
|
$278,000.00
|
$415,000.00
|
| Depreciation & Amortization |
$2.60 M
|
$2.98 M
|
$2.43 M
|
$2.27 M
|
$2.04 M
|
$2.31 M
|
$2.44 M
|
$2.89 M
|
$2.96 M
|
$3.23 M
|
| EBITDA |
$18.53 M |
$34.30 M |
$41.96 M |
$40.62 M |
-$8.67 M |
$18.67 M |
$12.09 M |
$10.65 M |
$5.67 M |
$6.73 M |
| EBITDA Ratio |
0.08
|
0.12
|
0.17
|
0.18
|
-0.04
|
0.11
|
0.08
|
0.07
|
0.04
|
0.04
|
| Operating Income Ratio |
0.06
|
0.11
|
0.16
|
0.17
|
-0.05
|
0.09
|
0.06
|
0.05
|
0.02
|
0.02
|
| Total Other Income/Expenses Net |
-$52,000.00
|
$2.86 M
|
$123,000.00
|
-$1.70 M
|
-$1.76 M
|
$228,000.00
|
-$10,000.00
|
-$160,000.00
|
$442,000.00
|
-$196,000.00
|
| Income Before Tax |
$14.37 M
|
$34.18 M
|
$39.65 M
|
$36.65 M
|
-$11.32 M
|
$16.59 M
|
$9.64 M
|
$7.59 M
|
$3.15 M
|
$3.31 M
|
| Income Before Tax Ratio |
0.06
|
0.12
|
0.16
|
0.17
|
-0.06
|
0.09
|
0.06
|
0.05
|
0.02
|
0.02
|
| Income Tax Expense |
$5.59 M
|
$5.72 M
|
$5.90 M
|
$9.40 M
|
-$15.29 M
|
$3.09 M
|
$5.61 M
|
-$8.64 M
|
$2.78 M
|
$3.39 M
|
| Net Income |
$8.78 M
|
$28.47 M
|
$33.75 M
|
$27.25 M
|
$3.98 M
|
$13.49 M
|
$4.03 M
|
$16.24 M
|
$366,000.00
|
-$86,000.00
|
| Net Income Ratio |
0.04
|
0.1
|
0.14
|
0.12
|
0.02
|
0.08
|
0.03
|
0.11
|
0
|
-0
|
| EPS |
0.28 |
0.89 |
1.03 |
0.87 |
0.14 |
0.47 |
0.13 |
0.46 |
0.01 |
-0.002 |
| EPS Diluted |
0.28 |
0.88 |
1 |
0.83 |
0.13 |
0.45 |
0.13 |
0.45 |
0.01 |
-0.002 |
| Weighted Average Shares Out |
$31.40 M
|
$31.85 M
|
$32.70 M
|
$31.44 M
|
$29.25 M
|
$28.93 M
|
$31.10 M
|
$35.17 M
|
$40.18 M
|
$42.29 M
|
| Weighted Average Shares Out Diluted |
$31.58 M
|
$32.50 M
|
$33.85 M
|
$32.92 M
|
$30.80 M
|
$30.22 M
|
$32.17 M
|
$35.78 M
|
$40.57 M
|
$42.29 M
|
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