BuzzFeed, Inc. (BZFD)

BuzzFeed Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	230.28	252.68	342.55	383.8	321.32	317.92
Revenue Growth (YoY)	-24.72%	-26.24%	-10.75%	19.44%	1.07%	3.47%
Cost of Revenue	126.09	142.37	194.35	199.02	140.29	150.35
Gross Profit	104.19	110.31	148.21	184.79	181.03	167.57
Selling, General & Admin	105.11	117.02	158.73	161.93	133.74	167.26
Research & Development	10.59	11.18	27.1	24.66	17.67	21.13
Other Operating Expenses	19.42	21.94	90.73	22.09	17.49	19.45
Operating Expenses	135.11	150.14	276.56	208.68	168.9	207.84
Operating Income	-30.92	-39.82	-128.35	-23.89	12.14	-40.27
Interest Expense / Income	15.15	16.09	15.59	2.5	0.92	-1.39
Other Expense / Income	40.1	31.07	54.31	-48.35	-0.06	-1.33
Pretax Income	-86.17	-86.98	-198.25	21.96	11.28	-37.55
Income Tax	2.14	1.6	2.7	-2.75	0.94	-0.36
Net Income	-88.31	-88.58	-200.96	24.71	10.34	-37.19
Net Income Growth	-	-	-	139.09%	-	-
Shares Outstanding (Basic)	37	36	35	7	3	3
Shares Outstanding (Diluted)	37	36	35	7	3	3
Shares Change	3.99%	3.56%	393.37%	134.47%	1.17%	-68.82%
EPS (Basic)	-1.40	-1.68	-4.04	-	-	-148768.00
EPS (Diluted)	-1.40	-1.68	-4.04	-0.12	-	-148768.00
Free Cash Flow	-33.16	-20.83	-25.14	-15.23	13.02	-28.83
Free Cash Flow Per Share	-0.91	-0.58	-0.73	-2.25	4.36	-9.77
Gross Margin	45.25%	43.66%	43.27%	48.15%	56.34%	52.71%
Operating Margin	-13.43%	-15.76%	-37.47%	-6.23%	3.78%	-12.67%
Profit Margin	-38.35%	-35.06%	-58.66%	6.44%	3.22%	-11.70%
Free Cash Flow Margin	-14.40%	-8.24%	-7.34%	-3.97%	4.05%	-9.07%
Effective Tax Rate	-	-	-	-12.52%	8.34%	-
EBITDA	-32.36	-28.93	-138.53	46.55	29.69	-19.49
EBITDA Margin	-14.05%	-11.45%	-40.44%	12.13%	9.24%	-6.13%
Depreciation & Amortization	38.66	41.96	44.13	22.09	17.49	19.45
EBIT	-71.02	-70.89	-182.66	24.46	12.2	-38.94
EBIT Margin	-30.84%	-28.06%	-53.32%	6.37%	3.80%	-12.25%

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).