Altair Engineering 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	2017	2016	2015
Revenue	612.7	572.22	532.18	469.92	458.92	396.38	333.33	313.24	294.13
Revenue Growth (YoY)	7.07%	7.52%	13.25%	2.40%	15.78%	18.91%	6.41%	6.50%	-
Cost of Revenue	121.79	122.89	129.67	121.31	132.6	115.97	106.59	102.6	99.21
Gross Profit	490.91	449.33	402.51	348.62	326.32	280.41	226.74	210.64	194.92
Selling, General & Admin	247.03	236.17	207.96	197.87	188.23	160.03	167.94	123.29	117.15
Research & Development	212.65	202.54	167.34	126.08	117.51	97.59	93.23	71.33	62.78
Other Operating Expenses	31	17.56	14.88	12.95	12.37	-1.86	-1.17	0.58	0.05
Operating Expenses	490.67	456.27	390.17	336.9	318.11	255.76	260	195.19	179.97
Operating Income	0.24	-6.94	12.34	11.71	8.21	24.64	-33.26	15.45	14.95
Interest Expense / Income	6.12	4.38	12.07	11.6	6.37	0.2	2.16	2.27	2.42
Other Expense / Income	-18.49	16.9	0.56	-1.92	-1.55	-2.58	0.99	-0.52	0.78
Pretax Income	12.62	-28.21	-0.29	2.03	3.39	27.02	-36.41	13.7	11.75
Income Tax	21.55	15.22	8.51	12.53	10.93	11.49	65.53	3.54	0.82
Net Income	-8.93	-43.43	-8.79	-10.5	-7.54	15.54	-101.94	10.16	10.93
Net Income Growth	-	-	-	-	-	-	-	-7.03%	-
Shares Outstanding (Basic)	81	79	76	73	72	67	52	49	47
Shares Outstanding (Diluted)	81	79	76	73	72	75	52	58	59
Shares Change	1.41%	4.32%	4.01%	2.37%	-4.45%	42.72%	-9.32%	-1.45%	-
EPS (Basic)	-0.11	-0.55	-0.12	-0.14	-0.11	0.23	-1.94	0.21	0.23
EPS (Diluted)	-0.11	-0.55	-0.12	-0.14	-0.11	0.21	-1.94	0.18	0.19
EPS Growth	-	-	-	-	-	-	-	-5.26%	-
Free Cash Flow	117.11	29.92	53.77	26.79	21.73	29.57	8.57	11.94	5.61
Free Cash Flow Per Share	1.45	0.38	0.71	0.37	0.30	0.44	0.16	0.24	0.12
Gross Margin	80.12%	78.52%	75.63%	74.19%	71.11%	70.74%	68.02%	67.25%	66.27%
Operating Margin	0.04%	-1.21%	2.32%	2.49%	1.79%	6.22%	-9.98%	4.93%	5.08%
Profit Margin	-1.46%	-7.59%	-1.65%	-2.23%	-1.64%	3.92%	-30.58%	3.24%	3.72%
Free Cash Flow Margin	19.11%	5.23%	10.10%	5.70%	4.74%	7.46%	2.57%	3.81%	1.91%
Effective Tax Rate	170.73%	-	-	616.73%	322.61%	42.51%	-	25.83%	6.96%
EBITDA	57.86	11.67	37.42	37.44	31.28	41.96	-22.5	25.95	22.54
EBITDA Margin	9.44%	2.04%	7.03%	7.97%	6.82%	10.59%	-6.75%	8.28%	7.66%
Depreciation & Amortization	39.12	35.5	25.64	23.81	21.52	14.73	11.75	9.98	8.38
EBIT	18.74	-23.84	11.78	13.63	9.76	27.22	-34.25	15.97	14.17
EBIT Margin	3.06%	-4.17%	2.21%	2.90%	2.13%	6.87%	-10.28%	5.10%	4.82%

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).