Waldencast plc
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $272.1M | $273.9M | $218.1M | $142.5M | $94.4M |
| Cost of Revenue | $89.1M | $82.1M | $76.6M | $55.0M | $29.1M |
| Gross Profit | $183.0M | $191.7M | $141.6M | $87.4M | $65.3M |
| Gross Margin | 67.3% | 70.0% | 64.9% | 61.4% | 69.2% |
| Operating Expenses | |||||
| Research & Development | — | — | $3.2M | $6.1M | $4.4M |
| SG&A Expense | $248.0M | $245.3M | $223.5M | $83.0M | $60.4M |
| Operating Income | $-217.5M | $-58.6M | $-81.9M | $-1.6M | $528.0K |
| Operating Margin | -80.0% | -21.4% | -37.6% | -1.1% | 0.6% |
| Interest Expense | — | — | $18.9M | $11.1M | $6.3M |
| Pretax Income | $-262.2M | $-48.5M | $-112.9M | $-10.0M | $-5.8M |
| Income Tax Expense | $-14.2M | $110.0K | $-7.0M | $9.6M | $-3.4M |
| Net Income | $-229.7M | $-42.4M | $-90.0M | $-19.6M | $-2.4M |
| Net Margin | -84.4% | -15.5% | -41.2% | -13.7% | -2.5% |
| EPS (Basic) | $-2.01 | $-0.39 | $-0.99 | $-2.45 | $-0.30 |
| EPS (Diluted) | $-2.01 | $-0.39 | $-0.99 | $-2.45 | $-0.30 |
| Shares Outstanding (Basic) | 114.1M | 109.3M | 91.2M | 8.0M | 8.0M |
| Shares Outstanding (Diluted) | 114.1M | 109.3M | 91.2M | 8.0M | 8.0M |
| Dividends Per Share | — | — | — | $0.25 | $0.26 |