VIEMED HEALTHCARE, INC.
For the period ended Dec 31, 2025. Filed Mar 4, 2026.
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FY2025 · Filed Mar 4, 2026
VMD$8.98+0.3%Stored close · as of Nov 10, 2026
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Consolidated Statements of Income
VIEMED HEALTHCARE, INC.CONSOLIDATED STATEMENTS OF INCOME
(Expressed in thousands of U.S. Dollars, except share and per share amounts)
| Year Ended December 31, | ||||
|---|---|---|---|---|
| Note | 2025 | 2024 | 2023 | |
| Revenue | 2 | $270,280 | $224,257 | $183,008 |
| Cost of revenue | 114,822 | 91,054 | 70,225 | |
| Gross profit | $155,458 | $133,203 | $112,783 | |
| Operating expenses | ||||
| Selling, general and administrative | 121,366 | 106,199 | 87,884 | |
| Research and development | 3,017 | 3,068 | 2,782 | |
| Stock-based compensation | 8 | 9,132 | 6,285 | 5,849 |
| Depreciation and amortization | 1,485 | 1,483 | 1,391 | |
| Loss (gain) on disposal of property and equipment | (2,239) | (1,905) | 645 | |
| Other expense (income), net | (252) | 173 | (98) | |
| Income from operations | $22,949 | $17,900 | $14,330 | |
| Non-operating income and expenses | ||||
| Income (loss) from investments | — | (954) | 485 | |
| Interest expense, net | 6 | (1,182) | (776) | (424) |
| Net income before taxes | 21,767 | 16,170 | 14,391 | |
| Provision for income taxes | 10 | 6,391 | 4,761 | 4,148 |
| Net income | $15,376 | $11,409 | $10,243 | |
| Net income attributable to noncontrolling interest | 442 | 144 | — | |
| Net income attributable to Viemed Healthcare, Inc. | $14,934 | $11,265 | $10,243 | |
| Net income per share | ||||
| Basic | 11 | $0.38 | $0.29 | $0.27 |
| Diluted | 11 | $0.37 | $0.28 | $0.25 |
| Weighted average number of common shares outstanding: | ||||
| Basic | 11 | 38,895,228 | 38,754,893 | 38,354,071 |
| Diluted | 11 | 40,823,823 | 40,805,085 | 40,378,922 |
| See accompanying notes to the consolidated financial statements | |
|---|---|
| Page | F-5 |
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