biote Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Revenue	193.06	185.36	164.96	139.4	116.57	109.98
Revenue Growth (YoY)	4.84%	12.37%	18.34%	19.58%	5.99%	-
Cost of Revenue	57.83	57.88	54.58	48.82	44.93	43.57
Gross Profit	135.23	127.48	110.38	90.58	71.64	66.41
Selling, General & Admin	95.29	88.74	145.87	56.02	39.86	42.88
Operating Expenses	95.29	88.74	145.87	56.02	39.86	42.88
Operating Income	39.94	38.75	-35.49	34.56	31.78	23.53
Interest Expense	-9.32	-6.36	-4.05	-1.67	-2.43	-2.08
Currency Exchange Gain (Loss)	-	-	0.03	-	-	-
Other Non Operating Income (Expenses)	0.45	-13.43	5.6	0.02	-0.01	-0.07
EBT Excluding Unusual Items	31.07	18.96	-33.91	32.91	29.35	21.38
Merger & Restructuring Charges	-0.38	-2.12	-21.63	-	-	-
Legal Settlements	-5.21	-7.97	-3.6	-	-	-
Other Unusual Items	-13.92	-8.99	60.86	-	-	-
Pretax Income	11.57	-0.12	1.71	32.91	29.35	21.38
Income Tax Expense	2.93	2.68	0.39	0.29	0.19	0.09
Earnings From Continuing Operations	8.64	-2.81	1.32	32.62	29.16	21.29
Minority Interest in Earnings	-1.45	6.12	-2.29	-	-	-
Net Income	7.19	3.32	-0.97	32.62	29.16	21.29
Net Income to Common	7.19	3.32	-0.97	32.62	29.16	21.29
Net Income Growth	-	-	-	11.85%	36.99%	-
Shares Outstanding (Basic)	33	26	8	1	1	1
Shares Outstanding (Diluted)	33	26	8	1	1	1
Shares Change (YoY)	71.05%	219.00%	722.55%	-	-	-
EPS (Basic)	0.21	0.13	-0.12	33.29	29.76	21.73
EPS (Diluted)	0.21	0.13	-0.12	33.29	29.76	21.73
EPS Growth	-	-	-	11.87%	36.98%	-
Free Cash Flow	35.23	26.52	-9.49	32.27	26.13	24.65
Free Cash Flow Per Share	1.05	1.03	-1.18	32.94	26.67	25.16
Gross Margin	70.05%	68.78%	66.92%	64.98%	61.46%	60.39%
Operating Margin	20.69%	20.90%	-21.52%	24.79%	27.26%	21.39%
Profit Margin	3.72%	1.79%	-0.59%	23.40%	25.02%	19.36%
Free Cash Flow Margin	18.25%	14.31%	-5.75%	23.15%	22.42%	22.41%
EBITDA	40.78	39.54	-34.29	35.27	32.46	24.2
EBITDA Margin	21.13%	21.33%	-20.79%	25.30%	27.84%	22.00%
D&A For EBITDA	0.85	0.79	1.2	0.71	0.68	0.67
EBIT	39.94	38.75	-35.49	34.56	31.78	23.53
EBIT Margin	20.69%	20.90%	-21.52%	24.79%	27.26%	21.39%
Effective Tax Rate	25.32%	-	22.66%	0.87%	0.64%	0.43%
Revenue as Reported	193.06	185.36	164.96	139.4	116.57	109.98

Source: S&P Capital IQ. Standard template. Financial Sources.