Phunware, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.6M | $3.2M | $4.8M | $6.5M | $10.6M | $10.0M | $19.2M | $30.9M |
| Cost of Revenue | $1.3M | $1.7M | $3.1M | $3.0M | $7.0M | $3.4M | $9.0M | $11.8M |
| Gross Profit | $1.3M | $1.5M | $1.7M | $3.5M | $3.6M | $6.6M | $10.1M | $19.1M |
| Gross Margin | 50.6% | 45.6% | 34.9% | 53.8% | 33.9% | 66.4% | 52.9% | 61.8% |
| Operating Expenses | ||||||||
| Research & Development | $3.2M | $2.3M | $4.4M | $6.1M | $4.2M | $2.6M | $4.3M | $7.0M |
| SG&A Expense | $15.3M | $10.5M | $13.8M | $17.3M | $13.3M | $15.4M | $15.4M | $13.6M |
| Operating Income | $-20.5M | $-13.9M | $-45.7M | $-24.0M | $-16.8M | $-17.5M | $-12.3M | $-6.9M |
| Operating Margin | -803.7% | -435.5% | -945.6% | -368.5% | -158.3% | -175.0% | -64.3% | -22.2% |
| Interest Expense | — | $135.0K | $1.7M | $2.4M | $4.5M | $3.4M | $581.0K | $724.0K |
| Pretax Income | $-11.4M | $-10.3M | $-41.9M | $-45.4M | $-53.9M | $-22.2M | $-12.9M | $-10.2M |
| Income Tax Expense | $-19.0K | $41.0K | $29.0K | $4.0K | $-426.0K | $2.0K | $5.0K | $-374.0K |
| Net Income | $-11.4M | $-10.3M | $-52.8M | $-50.9M | $-53.5M | $-22.2M | $-12.9M | $-9.8M |
| Net Margin | -446.6% | -323.5% | -1,092.4% | -780.5% | -502.9% | -222.0% | -67.2% | -31.7% |
| EPS (Basic) | $-0.57 | $-0.94 | $-3.52 | $-0.10 | $-0.14 | $-0.10 | $-0.07 | $-0.08 |
| EPS (Diluted) | $-0.57 | $-0.94 | $-3.52 | $-0.10 | $-0.14 | $-0.10 | $-0.07 | $-0.08 |
| Shares Outstanding (Basic) | 20.2M | 11.0M | 11.9M | 9.9M | 377.2M | 221.3M | 199.1M | 136.27B |
| Shares Outstanding (Diluted) | 20.2M | 11.0M | 11.9M | 9.9M | 377.2M | 221.3M | 199.1M | 136.27B |
| Dividends Per Share | $0.00 | $0.00 | — | — | — | — | — | — |