Silvaco Group Inc
For the period ended Mar 31, 2024. Filed Jun 20, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed Jun 20, 2024
SVCO$7.03+4.5%Stored close · as of Nov 6, 2026
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Statements of Income
CONDENSED CONSOLIDATED STATEMENTS OF INCOME
(Unaudited, in thousands except share and per share amounts)
| Three Months Ended March 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Revenue: | ||
| Software license revenue | $12,258 | $10,665 |
| Maintenance and service | 3,631 | 3,626 |
| Total revenue | 15,889 | 14,291 |
| Cost of revenue | 1,973 | 2,025 |
| Gross profit | 13,916 | 12,266 |
| Operating expenses: | ||
| Research and development | 3,616 | 3,375 |
| Selling and marketing | 3,312 | 2,805 |
| General and administrative | 4,600 | 4,553 |
| Total operating expenses | 11,528 | 10,733 |
| Operating income | 2,388 | 1,533 |
| Interest and other expense, net | 205 | 331 |
| Income before income tax provision | 2,183 | 1,202 |
| Income tax provision | 805 | 388 |
| Net income | $1,378 | $814 |
| Earnings per share attributable to common stockholders: | ||
| Basic and diluted | $0.07 | $0.04 |
| Weighted average shares used in computing per share amounts: | ||
| Basic and diluted | 20,000,000 | 20,000,000 |
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