Smartbird, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenue | $152.5M | $189.8M | $254.1M | $297.8M | $277.5M | $219.3M | $193.7M |
| Cost of Revenue | $89.9M | $108.7M | $149.8M | $168.1M | $130.8M | $106.6M | $94.8M |
| Gross Profit | $62.6M | $81.1M | $104.2M | $129.6M | $146.7M | $112.7M | $98.8M |
| Gross Margin | 41.0% | 42.7% | 41.0% | 43.5% | 52.9% | 51.4% | 51.0% |
| Operating Expenses | |||||||
| Research & Development | — | — | — | — | — | — | — |
| SG&A Expense | $92.5M | $133.4M | $174.0M | $166.7M | $122.2M | $86.7M | $63.5M |
| Operating Income | $-80.0M | $-97.6M | $-153.0M | $-100.3M | $-32.9M | $-29.2M | $-9.0M |
| Operating Margin | -52.4% | -51.4% | -60.2% | -33.7% | -11.8% | -13.3% | -4.7% |
| Interest Expense | — | — | — | — | $178.0K | $297.0K | $96.0K |
| Pretax Income | $-76.9M | $-91.4M | $-152.1M | $-100.1M | $-44.6M | $-30.0M | $-10.9M |
| Income Tax Expense | $393.0K | $1.9M | $334.0K | $1.2M | $810.0K | $-4.1M | $3.7M |
| Net Income | $-77.3M | $-93.3M | $-152.5M | $-101.4M | $-45.4M | $-25.9M | $-14.5M |
| Net Margin | -50.7% | -49.2% | -60.0% | -34.0% | -16.4% | -11.8% | -7.5% |
| EPS (Basic) | $-9.47 | $-11.87 | $-20.10 | $-0.68 | $-0.33 | $-0.25 | $-0.14 |
| EPS (Diluted) | $-9.47 | $-11.87 | $-20.10 | $-0.68 | $-0.33 | $-0.25 | $-0.14 |
| Shares Outstanding (Basic) | 8.2M | 7.9M | 7.6M | 148.8M | 138.6M | 106.0M | 102.9M |
| Shares Outstanding (Diluted) | 8.2M | 7.9M | 7.6M | 148.8M | 138.6M | 106.0M | 102.9M |
| Dividends Per Share | — | — | — | — | — | — | — |