Aspen Aerogels, Inc. (ASPN)

Aspen Aerogels Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	238.72	180.36	121.62	100.27	139.38
Revenue Growth (YoY)	32.35%	48.30%	21.29%	-28.06%	33.55%
Cost of Revenue	181.8	175.39	111.69	85.68	111.76
Gross Profit	56.92	4.98	9.94	14.59	27.62
Selling, General & Admin	89.77	67.29	39.1	27.43	32.04
Research & Development	16.36	16.93	11.44	8.73	8.41
Operating Expenses	106.12	84.22	50.54	36.16	40.44
Operating Income	-49.2	-79.25	-40.6	-21.57	-12.83
Interest Expense / Income	-1.21	3.49	0.23	0.24	0.41
Other Expense / Income	-2.19	-	-3.73	-	1.33
Pretax Income	-45.81	-82.74	-37.09	-21.81	-14.57
Net Income	-45.81	-82.74	-37.09	-21.81	-14.57
Shares Outstanding (Basic)	69	39	30	26	24
Shares Outstanding (Diluted)	69	39	30	26	24
Shares Change	76.41%	29.34%	15.37%	9.45%	1.52%
EPS (Basic)	-0.66	-2.10	-1.22	-0.83	-0.60
EPS (Diluted)	-0.66	-2.10	-1.22	-0.83	-0.60
Free Cash Flow	-218.07	-272.37	-32.41	-13.34	-3.17
Free Cash Flow Per Share	-3.14	-6.92	-1.06	-0.51	-0.13
Gross Margin	23.84%	2.76%	8.17%	14.55%	19.81%
Operating Margin	-20.61%	-43.94%	-33.38%	-21.51%	-9.20%
Profit Margin	-19.19%	-45.87%	-30.50%	-21.75%	-10.45%
Free Cash Flow Margin	-91.35%	-151.01%	-26.64%	-13.30%	-2.27%
EBITDA	-28.84	-67.38	-25.81	-10.4	-3
EBITDA Margin	-12.08%	-37.36%	-21.22%	-10.37%	-2.15%
Depreciation & Amortization	18.18	11.86	11.06	11.17	11.16
EBIT	-47.02	-79.25	-36.87	-21.57	-14.16
EBIT Margin	-19.70%	-43.94%	-30.31%	-21.51%	-10.16%

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).