Bandwidth 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	601.12	573.15	490.91	343.11	232.59	204.11	162.96	152.14	137.8
Revenue Growth (YoY)	4.88%	16.75%	43.07%	47.52%	13.95%	25.26%	7.11%	10.40%	-
Cost of Revenue	364.96	334.8	277.09	189.2	124.96	108.15	89.26	85.22	79.24
Gross Profit	236.16	238.35	213.81	153.91	107.64	95.97	73.69	66.92	58.56
Selling, General & Admin	167.43	164.69	146.55	112.86	93.87	68.32	48.29	43.15	43.22
Research & Development	104.19	97.99	69.51	54.56	31.46	20.9	10.79	8.52	7.38
Operating Expenses	271.61	262.68	216.05	167.42	125.33	89.22	59.08	51.67	50.6
Operating Income	-35.46	-24.32	-2.24	-13.51	-17.69	6.75	14.62	15.24	7.96
Interest Expense / Income	0.81	3.05	28.78	13.67	-2.45	-0.3	1.73	0.91	0.59
Other Expense / Income	-16.96	-44.68	0.17	1.8	-0.02	-	-	-3.23	13.67
Pretax Income	-19.3	17.31	-31.2	-28.97	-15.22	7.05	12.89	17.57	-6.29
Income Tax	-2.96	-2.26	-3.83	15.01	-17.72	-10.87	6.92	-11.09	0.41
Net Income	-16.34	19.57	-27.36	-43.98	2.49	17.92	5.97	28.66	-6.7
Preferred Dividends	0	0	0	0	0	0	0.64	6.31	0.04
Net Income Common	-16.34	19.57	-27.36	-43.98	2.49	17.92	5.33	22.36	-6.7
Net Income Growth	-	-	-	-	-86.08%	236.46%	-76.17%	-	-
Shares Outstanding (Basic)	26	25	25	24	23	19	13	12	11
Shares Outstanding (Diluted)	26	31	25	24	24	21	15	13	12
Shares Change	-17.13%	23.18%	4.14%	0.71%	13.17%	45.36%	12.99%	3.32%	-
EPS (Basic)	-0.64	0.77	-1.09	-1.83	0.11	0.96	0.42	1.66	-0.50
EPS (Diluted)	-0.64	-0.48	-1.09	-1.83	0.10	0.85	0.37	1.51	-0.47
EPS Growth	-	-	-	-	-88.24%	129.73%	-75.50%	-	-
Free Cash Flow	19.1	-29.18	3.64	-10.07	-27.01	10.19	6.66	-0.91	-8.91
Free Cash Flow Per Share	0.75	-1.15	0.14	-0.42	-1.19	0.55	0.53	-0.08	-0.78
Gross Margin	39.29%	41.59%	43.55%	44.86%	46.28%	47.02%	45.22%	43.99%	42.50%
Operating Margin	-5.90%	-4.24%	-0.46%	-3.94%	-7.61%	3.31%	8.97%	10.02%	5.78%
Profit Margin	-2.72%	3.41%	-5.57%	-12.82%	1.07%	8.78%	3.27%	14.70%	-4.86%
Free Cash Flow Margin	3.18%	-5.09%	0.74%	-2.94%	-11.61%	4.99%	4.09%	-0.60%	-6.47%
Effective Tax Rate	-	-13.08%	-	-	-	-154.12%	53.67%	-63.15%	-
EBITDA	23.22	55.95	34.23	1.5	-3.86	12.58	20.33	24.62	1.37
EBITDA Margin	3.86%	9.76%	6.97%	0.44%	-1.66%	6.16%	12.48%	16.18%	1.00%
Depreciation & Amortization	41.72	35.6	36.64	16.8	13.81	5.82	5.71	6.14	7.08
EBIT	-18.5	20.35	-2.41	-15.3	-17.67	6.75	14.62	18.48	-5.7
EBIT Margin	-3.08%	3.55%	-0.49%	-4.46%	-7.60%	3.31%	8.97%	12.15%	-4.14%

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).