Aterian, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $69.0M | $99.0M | $142.6M | $221.2M | $247.8M | $185.7M | $114.5M | $73.3M |
| Cost of Revenue | $29.8M | $37.6M | $72.3M | $115.7M | $125.9M | $101.0M | $69.4M | $47.3M |
| Gross Profit | $39.2M | $61.5M | $70.3M | $105.5M | $121.9M | $84.7M | $45.0M | $26.0M |
| Gross Margin | 56.8% | 62.1% | 49.3% | 47.7% | 49.2% | 45.6% | 39.4% | 35.5% |
| Operating Expenses | ||||||||
| Research & Development | — | $0 | $4.6M | $6.0M | $9.8M | $8.1M | $10.7M | $3.7M |
| SG&A Expense | $11.8M | $17.3M | $20.2M | $38.2M | $45.1M | $30.6M | $33.5M | $11.3M |
| Operating Income | $-18.0M | $-11.8M | $-76.2M | $-178.2M | $-34.1M | $-34.8M | $-54.3M | $-29.4M |
| Operating Margin | -26.1% | -11.9% | -53.4% | -80.6% | -13.8% | -18.7% | -47.5% | -40.2% |
| Interest Expense | $957.0K | $1.2M | $2.1M | $2.7M | $13.3M | $5.0M | $4.5M | $2.4M |
| Pretax Income | $-18.9M | $-11.9M | $-75.4M | $-196.7M | $-235.5M | $-63.1M | $-58.8M | $-31.8M |
| Income Tax Expense | $41.0K | $-47.0K | $-867.0K | $-376.0K | $532.0K | $48.0K | $29.0K | $55.0K |
| Net Income | $-19.0M | $-11.9M | $-74.6M | $-196.3M | $-236.0M | $-63.1M | $-58.8M | $-31.8M |
| Net Margin | -27.5% | -12.0% | -52.3% | -88.8% | -95.3% | -34.0% | -51.4% | -43.4% |
| EPS (Basic) | $-2.39 | $-1.68 | $-11.43 | $-2.95 | $-6.67 | $-3.68 | $-4.35 | $-3.13 |
| EPS (Diluted) | — | — | — | $-2.95 | $-6.67 | $-3.68 | $-4.35 | $-3.13 |
| Shares Outstanding (Basic) | 7.9M | 7.1M | 6.5M | 66.5M | 35.4M | 27.1M | 17.7M | 11.5M |
| Shares Outstanding (Diluted) | 7.9M | 7.1M | 6.5M | 66.5M | 35.4M | 27.1M | 17.7M | 11.5M |
| Dividends Per Share | — | — | — | — | — | — | — | — |