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	Jun '24 Jun 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	187.23	185.36	164.96	139.4	116.57	109.98
Revenue Growth (YoY)	3.70%	12.37%	18.34%	19.58%	5.99%	-
Cost of Revenue	56.83	57.88	54.58	48.82	44.93	43.57
Gross Profit	130.41	127.48	110.38	90.58	71.64	66.41
Selling, General & Admin	92.3	88.74	145.87	56.02	39.86	42.88
Operating Expenses	92.3	88.74	145.87	56.02	39.86	42.88
Operating Income	38.11	38.75	-35.49	34.56	31.78	23.53
Interest Expense	-7.31	-6.36	-4.05	-1.67	-2.43	-2.08
Currency Exchange Gain (Loss)	-0.01	-	0.03	-	-	-
Other Non Operating Income (Expenses)	0	-13.43	5.6	0.02	-0.01	-0.07
EBT Excluding Unusual Items	30.79	18.96	-33.91	32.91	29.35	21.38
Merger & Restructuring Charges	-0.98	-2.12	-21.63	-	-	-
Legal Settlements	-7.36	-7.97	-3.6	-	-	-
Other Unusual Items	-3.22	-8.99	60.86	-	-	-
Pretax Income	19.23	-0.12	1.71	32.91	29.35	21.38
Income Tax Expense	3.8	2.68	0.39	0.29	0.19	0.09
Earnings From Continuing Operations	15.44	-2.81	1.32	32.62	29.16	21.29
Minority Interest in Earnings	-8.56	6.12	-2.29	-	-	-
Net Income	6.87	3.32	-0.97	32.62	29.16	21.29
Net Income to Common	6.87	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)	139.91%	219.00%	722.55%	-	-	-
EPS (Basic)	0.21	0.13	-0.12	33.29	29.76	21.73
EPS (Diluted)	0.20	0.13	-0.12	33.29	29.76	21.73
EPS Growth	-	-	-	11.87%	36.98%	-
Free Cash Flow	20.93	26.52	-9.49	32.27	26.13	24.65
Free Cash Flow Per Share	0.63	1.03	-1.18	32.94	26.67	25.16
Gross Margin	69.65%	68.78%	66.92%	64.98%	61.46%	60.39%
Operating Margin	20.35%	20.90%	-21.52%	24.79%	27.26%	21.39%
Profit Margin	3.67%	1.79%	-0.59%	23.40%	25.02%	19.36%
Free Cash Flow Margin	11.18%	14.31%	-5.75%	23.15%	22.42%	22.41%
EBITDA	39.26	39.54	-34.29	35.27	32.46	24.2
EBITDA Margin	20.97%	21.33%	-20.79%	25.30%	27.84%	22.00%
D&A For EBITDA	1.15	0.79	1.2	0.71	0.68	0.67
EBIT	38.11	38.75	-35.49	34.56	31.78	23.53
EBIT Margin	20.35%	20.90%	-21.52%	24.79%	27.26%	21.39%
Effective Tax Rate	19.74%	-	22.66%	0.87%	0.64%	0.43%
Revenue as Reported	187.23	185.36	164.96	139.4	116.57	109.98

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