Clever Leaves Holdings 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	17.42	16.41	15.37	12.12	7.83	0
Revenue Growth (YoY)	6.14%	6.74%	26.88%	54.67%	-	-
Cost of Revenue	10.86	9.19	8.57	4.7	4.73	0
Gross Profit	6.56	7.22	6.81	7.41	3.1	0
Selling, General & Admin	20.03	25.73	42.19	31.4	38.16	0.13
Research & Development	1.14	1.72	1.55	1.01	0	0
Other Operating Expenses	0.98	26.69	20.28	3.54	1.48	0
Operating Expenses	22.15	54.14	64.02	35.94	39.64	0.13
Operating Income	-15.59	-46.92	-57.21	-28.53	-36.54	-0.13
Interest Expense / Income	0.05	2.67	6.82	4.46	2.68	0
Other Expense / Income	2.19	22.93	-19.25	-7.09	0.31	-0.16
Pretax Income	-17.83	-72.52	-44.78	-25.9	-39.53	0.03
Income Tax	0.07	-6.35	0.95	0	0	0.01
Net Income	-17.9	-66.17	-45.73	-25.9	-39.53	0.02
Shares Outstanding (Basic)	2	1	1	0	0	0
Shares Outstanding (Diluted)	2	1	1	0	0	0
Shares Change	22.49%	49.44%	137.53%	38.40%	110.19%	-
EPS (Basic)	-11.42	-51.70	-53.40	-100.20	-151.80	-0.30
EPS (Diluted)	-11.42	-51.70	-53.40	-100.20	-151.80	-0.30
Free Cash Flow	-8.68	-30.37	-43.51	-25.63	-55.73	-0.09
Free Cash Flow Per Share	-5.54	-23.73	-50.81	-71.08	-213.93	-0.76
Gross Margin	37.64%	43.98%	44.29%	61.18%	39.60%	-
Operating Margin	-89.53%	-285.92%	-372.10%	-235.44%	-466.43%	-
Profit Margin	-102.77%	-403.20%	-297.42%	-213.71%	-504.60%	-
Free Cash Flow Margin	-49.82%	-185.08%	-283.03%	-211.49%	-711.35%	-
Effective Tax Rate	-	-	-	-	-	26.41%
EBITDA	-14.94	-66.18	-34.45	-17.85	-35.37	0.03
EBITDA Margin	-85.76%	-403.26%	-224.08%	-147.31%	-451.44%	-
Depreciation & Amortization	2.85	3.67	3.51	3.59	1.48	0
EBIT	-17.79	-69.85	-37.96	-21.44	-36.85	0.03
EBIT Margin	-102.11%	-425.64%	-246.90%	-176.94%	-470.33%	-

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).