VIEMED HEALTHCARE INC

For the period ended Mar 31, 2024. Filed May 6, 2024.

About this filing

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 May 6, 2024

VMD$8.98+0.3%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Income and Comprehensive Income

VIEMED HEALTHCARE, INC.CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME

(Expressed in thousands of U.S. Dollars, except share and per share amounts)(Unaudited)

	Three Months Ended March 31,
	Note	2024	2023
Revenue	2	$50,593	$39,556
Cost of revenue		20,791	15,552
Gross profit		$29,802	$24,004
Operating expenses
Selling, general and administrative		24,814	19,762
Research and development		750	780
Stock-based compensation	8	1,432	1,391
Depreciation and amortization		415	240
Loss (gain) on disposal of property and equipment		213	(22)
Other income, net		(26)	(81)
Income from operations		$2,204	$1,934
Non-operating income and expenses
Income from equity method investments		(67)	(35)
Interest expense (income), net	6	150	(49)
Net income before taxes		2,121	2,018
Provision for income taxes	10	518	501
Net income		$1,603	$1,517
Other comprehensive income		$—	$—
Comprehensive income		$1,603	$1,517
Net income per share
Basic	11	$0.04	$0.04
Diluted	11	$0.04	$0.04
Weighted average number of common shares outstanding:
Basic	11	38,717,123	38,156,777
Diluted	11	40,580,634	40,016,693

See accompanying notes to the condensed consolidated financial statements

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