Accolade Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	133.34	127.68	106.38	91.53	66.59	69.08
Revenue Growth (YoY)	20.74%	20.02%	16.22%	37.45%	-3.60%	-
Cost of Revenue	99.48	96.51	77.23	64.92	58.9	46.24
Gross Profit	33.86	31.17	29.15	26.61	7.7	22.85
Selling, General & Admin	14.17	13.96	13.69	10.07	8.41	5.63
Other Operating Expenses	-0.87	-0.87	0.33	1.16	8.27	4.82
Operating Expenses	13.3	13.09	14.01	11.23	16.68	10.45
Operating Income	20.56	18.08	15.13	15.38	-8.98	12.4
Interest Expense	-7	-5.99	-3.54	-3.55	-4.15	-3.01
Interest & Investment Income	2.09	1.99	1.67	1.05	1.14	1.14
Earnings From Equity Investments	0.93	0.5	-0.08	-0.42	-0.13	-
Currency Exchange Gain (Loss)	0.25	0.49	0	-0.08	-	-
EBT Excluding Unusual Items	16.84	15.05	13.19	12.38	-12.12	10.53
Gain (Loss) on Sale of Assets	-0.12	-0.08	1.57	-0.04	-	-
Asset Writedown	-0.04	-0.04	-0.54	-	-	-
Pretax Income	16.68	14.94	14.22	12.34	-12.12	10.53
Income Tax Expense	2.03	1.88	1.53	1.4	0.92	1.05
Earnings From Continuing Operations	14.65	13.06	12.69	10.94	-13.04	9.48
Minority Interest in Earnings	-2.29	-1.54	-2.28	-3.42	-0.61	-2.33
Net Income	12.36	11.52	10.41	7.52	-13.65	7.15
Net Income to Common	12.36	11.52	10.41	7.52	-13.65	7.15
Net Income Growth	40.40%	10.59%	38.45%	-	-	-
Shares Outstanding (Basic)	18,046	18,046	16,422	15,339	1,950	1,430
Shares Outstanding (Diluted)	18,046	18,046	16,422	15,339	1,950	1,430
Shares Change (YoY)	5.54%	9.89%	7.06%	686.82%	36.36%	-
EPS (Basic)	0.00	0.00	0.00	0.00	-0.01	0.01
EPS (Diluted)	0.00	0.00	0.00	0.00	-0.01	0.01
EPS Growth	33.07%	0.63%	29.39%	-	-	-
Free Cash Flow	-1.62	-5.67	-8.21	32.31	6.06	24.59
Free Cash Flow Per Share	-	-	-	0.00	0.00	0.02
Dividend Per Share	0.000	0.000	0.000	-	-	-
Dividend Growth	-4.61%	-4.61%	-	-	-	-
Gross Margin	25.40%	24.41%	27.40%	29.07%	11.56%	33.07%
Operating Margin	15.42%	14.16%	14.23%	16.81%	-13.49%	17.95%
Profit Margin	9.27%	9.02%	9.79%	8.22%	-20.49%	10.35%
Free Cash Flow Margin	-1.22%	-4.44%	-7.72%	35.30%	9.11%	35.60%
EBITDA	39.08	34.58	33.89	29.84	6.37	-
EBITDA Margin	29.31%	27.08%	31.86%	32.60%	9.57%	-
D&A For EBITDA	18.52	16.51	18.76	14.46	15.36	-
EBIT	20.56	18.08	15.13	15.38	-8.98	12.4
EBIT Margin	15.42%	14.16%	14.23%	16.81%	-13.49%	17.95%
Effective Tax Rate	12.17%	12.59%	10.76%	11.31%	-	9.96%
Advertising Expenses	-	0.17	0.53	0.57	-	-

Updated Nov 29, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.