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Varo Bank financials data including stock price, CreditSafe score, income statement, and balance sheet.
Revenue
$128.9 M
FY, 2023
CreditSafe Score
?
Score changed on Jun 07, 2026
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Learn moreFinancial Statements
| USD | FY, 2021 | FY, 2022 | FY, 2023 |
|---|---|---|---|
| Revenue | 75.8M | 101.2M | 128.9M |
| Cost of goods sold | 1.4M | 3.4M | 6.5M |
| Gross profit | 74.4M | 97.8M | 122.4M |
| General and administrative expense | 94.3M | 120.4M | 95.5M |
| Operating expense total | 327.2M | 324.7M | 215.8M |
| Depreciation and amortization | 5.9M | 7.2M | 6.7M |
| Pre tax profit | (265.5M) | (236.5M) | (105.3M) |
| Net Income | (265.5M) | (236.5M) | (105.3M) |