Below are the financial statements of LivaNova, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Net revenue | 1,253.44a | 1,153.55a | 1,021.81a |
| Cost of sales | -382.56a | -382.3a | -314.58a |
| Gross profit | 870.87a | 771.25a | 707.23a |
| Operating expenses | — | — | — |
| Selling, general, and administrative | -526.27a | -518.13a | -469.24a |
| Research and development | -182.51a | -193.82a | -155.81a |
| Impairment of goodwill | 0a | 0a | -129.4a |
| Impairment of long-lived assets | 0a | -89.97a | 0a |
| Other operating expenses | -33.04a | -37.83a | -29.54a |
| Operating income (loss) | 129.05a | -68.5a | -76.75a |
| Interest expense | -63.07a | -58.85a | -48.25a |
| Loss on debt extinguishment | -25.48a | 0a | 0a |
| Foreign exchange and other income/(expense) | 47.81a | 46.13a | 49.86a |
| Income (loss) before tax | 88.31a | -81.23a | -75.14a |
| Income tax expense (benefit) | -25.06a | -98.88a | -11.05a |
| Loss from equity method investments | -0.02a | -0.1a | -0.05a |
| Net income (loss) | 63.23a | 17.55a | -86.25a |
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