BuzzFeed 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
Revenue	252.68	342.55	383.8	321.32	317.92	307.25
Revenue Growth (YoY)	-26.24%	-10.75%	19.44%	1.07%	3.47%	-
Cost of Revenue	142.37	194.35	199.02	140.29	150.35	169.63
Gross Profit	110.31	148.21	184.79	181.03	167.57	137.62
Selling, General & Admin	117.02	158.73	161.93	133.74	167.26	169.36
Research & Development	11.18	27.1	24.66	17.67	21.13	26.52
Other Operating Expenses	21.94	90.73	22.09	17.49	19.45	21.83
Operating Expenses	150.14	276.56	208.68	168.9	207.84	217.7
Operating Income	-39.82	-128.35	-23.89	12.14	-40.27	-80.08
Interest Expense / Income	16.09	15.59	2.5	0.92	-1.39	0
Other Expense / Income	31.07	54.31	-48.35	-0.06	-1.33	-3.45
Pretax Income	-86.98	-198.25	21.96	11.28	-37.55	-76.63
Income Tax	1.6	2.7	-2.75	0.94	-0.36	0.9
Net Income	-88.58	-200.96	24.71	10.34	-37.19	-77.54
Net Income Growth	-	-	139.09%	-	-	-
Shares Outstanding (Basic)	143	138	27	12	12	38
Shares Outstanding (Diluted)	143	138	28	12	12	38
Shares Change	3.56%	393.37%	134.47%	1.17%	-68.82%	-
EPS (Basic)	-0.42	-1.01	-	-	-37192.00	-2.05
EPS (Diluted)	-0.42	-1.01	-0.03	-	-37192.00	-2.05
Free Cash Flow	-20.83	-25.14	-15.23	13.02	-28.83	-90.61
Free Cash Flow Per Share	-0.15	-0.18	-0.56	1.09	-2.44	-2.39
Gross Margin	43.66%	43.27%	48.15%	56.34%	52.71%	44.79%
Operating Margin	-15.76%	-37.47%	-6.23%	3.78%	-12.67%	-26.06%
Profit Margin	-35.06%	-58.66%	6.44%	3.22%	-11.70%	-25.24%
Free Cash Flow Margin	-8.24%	-7.34%	-3.97%	4.05%	-9.07%	-29.49%
Effective Tax Rate	-	-	-12.52%	8.34%	-	-
EBITDA	-28.93	-138.53	46.55	29.69	-19.49	-54.81
EBITDA Margin	-11.45%	-40.44%	12.13%	9.24%	-6.13%	-17.84%
Depreciation & Amortization	41.96	44.13	22.09	17.49	19.45	21.83
EBIT	-70.89	-182.66	24.46	12.2	-38.94	-76.63
EBIT Margin	-28.06%	-53.32%	6.37%	3.80%	-12.25%	-24.94%

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).