Dutch Bros Inc. (BROS)

Dutch Bros Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,281	965.78	739.01	497.88	327.41
Revenue Growth (YoY)	32.64%	30.69%	48.43%	52.06%	37.36%
Cost of Revenue	940.89	714.48	558.1	344.57	211.48
Gross Profit	340.13	251.3	180.92	153.3	115.94
Selling, General & Admin	216.09	199.97	180.53	264.53	104.94
Operating Expenses	216.09	199.97	180.53	264.53	104.94
Operating Income	124.04	51.33	0.38	-111.23	11
Interest Expense	-27.02	-32.32	-18.02	-7.09	-3.74
Other Non Operating Income (Expenses)	5.81	3.02	3.98	-1.24	-0.36
EBT Excluding Unusual Items	102.84	22.02	-13.66	-119.56	6.9
Merger & Restructuring Charges	-17.88	-2.15	-	-	-
Legal Settlements	-	-1.95	-	-	-
Other Unusual Items	-0.08	-1	-3	67.37	-6.06
Pretax Income	84.89	16.92	-16.65	-52.19	0.84
Income Tax Expense	18.44	6.97	2.6	-1.63	0.84
Earnings From Continuing Operations	66.45	9.95	-19.25	-50.56	-
Minority Interest in Earnings	-31.19	-8.23	14.5	37.88	-
Net Income	35.26	1.72	-4.75	-12.68	-
Net Income to Common	35.26	1.72	-4.75	-12.68	-
Net Income Growth	1952.27%	-	-	-	-
Shares Outstanding (Basic)	104	62	52	46	5
Shares Outstanding (Diluted)	104	62	52	46	5
Shares Change (YoY)	67.75%	19.67%	13.10%	815.45%	-
EPS (Basic)	0.34	0.03	-0.09	-0.28	-
EPS (Diluted)	0.34	0.03	-0.09	-0.28	-
EPS Growth	1127.26%	-	-	-	-
Free Cash Flow	24.69	-88.54	-128	-38.07	12.97
Free Cash Flow Per Share	0.24	-1.43	-2.47	-0.83	2.59
Gross Margin	26.55%	26.02%	24.48%	30.79%	35.41%
Operating Margin	9.68%	5.31%	0.05%	-22.34%	3.36%
Profit Margin	2.75%	0.18%	-0.64%	-2.55%	-
Free Cash Flow Margin	1.93%	-9.17%	-17.32%	-7.65%	3.96%
EBITDA	217.05	120.46	45.11	-86.01	26.54
EBITDA Margin	16.94%	12.47%	6.10%	-17.27%	8.11%
D&A For EBITDA	93.01	69.14	44.73	25.22	15.54
EBIT	124.04	51.33	0.38	-111.23	11
EBIT Margin	9.68%	5.31%	0.05%	-22.34%	3.36%
Effective Tax Rate	21.72%	41.18%	-	-	100.00%
Revenue as Reported	1,281	965.78	739.01	497.88	327.41
Advertising Expenses	39.21	29.9	32.33	30.65	18.05

Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q