Laird Superfood Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018
Revenue	34.22	35.83	36.81	25.78	13.1	8.29
Revenue Growth (YoY)	-4.48%	-2.67%	42.77%	96.76%	58.05%	-
Cost of Revenue	23.91	30.64	27.38	19.2	8.02	5.63
Gross Profit	10.31	5.19	9.43	6.58	5.08	2.66
Selling, General & Admin	20.79	45.12	32.35	19	13.51	10.97
Research & Development	0.22	0.43	1.03	0.51	0.32	0.12
Operating Expenses	21.01	45.55	33.38	19.51	13.84	11.09
Operating Income	-10.7	-40.36	-23.95	-12.93	-8.75	-8.43
Interest Expense / Income	0	0	0	0	0.05	0.05
Other Expense / Income	-0.55	-0.05	-0.1	-0.08	-0.3	-0.02
Pretax Income	-10.15	-40.32	-23.85	-12.85	-8.5	-8.46
Income Tax	0.02	0.02	0.02	0	0	0
Net Income	-10.16	-40.34	-23.87	-12.85	-8.5	-8.46
Preferred Dividends	0	0	0	1.65	-7.45	0.75
Net Income Common	-10.16	-40.34	-23.87	-14.5	-1.06	-9.21
Shares Outstanding (Basic)	9	9	9	6	4	4
Shares Outstanding (Diluted)	9	9	9	6	4	4
Shares Change	1.65%	1.81%	61.98%	51.20%	3.57%	-
EPS (Basic)	-1.09	-4.41	-2.66	-2.61	-0.29	-2.60
EPS (Diluted)	-1.09	-4.41	-2.66	-2.61	-0.29	-2.60
Free Cash Flow	-10.88	-15.45	-24.29	-15.74	-11.87	-10.17
Free Cash Flow Per Share	-1.17	-1.69	-2.70	-2.84	-3.24	-2.87
Gross Margin	30.13%	14.48%	25.62%	25.51%	38.80%	32.12%
Operating Margin	-31.26%	-112.66%	-65.07%	-50.15%	-66.79%	-101.67%
Profit Margin	-29.70%	-112.58%	-64.85%	-56.24%	-8.05%	-111.08%
Free Cash Flow Margin	-31.78%	-43.12%	-65.97%	-61.06%	-90.60%	-122.70%
EBITDA	-9.84	-39.2	-22.87	-12.37	-8.15	-8.27
EBITDA Margin	-28.76%	-109.41%	-62.13%	-47.96%	-62.23%	-99.77%
Depreciation & Amortization	0.31	1.12	0.98	0.48	0.3	0.14
EBIT	-10.15	-40.32	-23.85	-12.85	-8.46	-8.41
EBIT Margin	-29.65%	-112.53%	-64.80%	-49.84%	-64.52%	-101.45%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).