Fastly, Inc. (FSLY)

Avid Bioservices Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	554.63	543.68	505.99	432.73	354.33	290.87
Revenue Growth (YoY)	6.26%	7.45%	16.93%	22.13%	21.82%	45.10%
Cost of Revenue	255.13	247.74	239.66	222.94	167	120.01
Gross Profit	299.5	295.94	266.33	209.78	187.33	170.87
Selling, General & Admin	308.31	312.01	307.85	298.67	279.49	182.47
Research & Development	137.16	137.98	152.19	155.31	126.86	74.81
Operating Expenses	445.47	449.99	460.04	453.98	406.35	257.28
Operating Income	-145.97	-154.05	-193.71	-244.2	-219.02	-86.41
Interest Expense	-5.34	-2.75	-4.05	-5.89	-5.25	-1.55
Interest & Investment Income	14	14.87	18.19	7.04	1.28	1.63
Currency Exchange Gain (Loss)	-1.02	-1.03	-1.83	-0.03	0.36	-
Other Non Operating Income (Expenses)	-	-	-1.3	-	-	-0.28
EBT Excluding Unusual Items	-138.33	-142.96	-182.71	-243.07	-222.63	-86.61
Merger & Restructuring Charges	-9.72	-9.72	-	-2	-	-20.8
Asset Writedown	-4.14	-4.14	-3.02	-	-	-
Other Unusual Items	1.37	1.37	52.42	54.39	-	-
Pretax Income	-150.83	-155.45	-133.31	-190.68	-222.63	-107.41
Income Tax Expense	2.95	2.6	-0.22	0.09	0.07	-11.48
Net Income	-153.78	-158.06	-133.09	-190.77	-222.7	-95.93
Net Income to Common	-153.78	-158.06	-133.09	-190.77	-222.7	-95.93
Shares Outstanding (Basic)	140	138	129	122	116	104
Shares Outstanding (Diluted)	140	138	129	122	116	104
Shares Change (YoY)	7.03%	7.25%	5.79%	4.89%	12.07%	51.50%
EPS (Basic)	-1.10	-1.14	-1.03	-1.57	-1.92	-0.93
EPS (Diluted)	-1.10	-1.14	-1.03	-1.57	-1.92	-0.93
Free Cash Flow	10.44	5.29	-10.61	-131.8	-73.3	-49.49
Free Cash Flow Per Share	0.07	0.04	-0.08	-1.08	-0.63	-0.48
Gross Margin	54.00%	54.43%	52.63%	48.48%	52.87%	58.74%
Operating Margin	-26.32%	-28.34%	-38.28%	-56.43%	-61.81%	-29.71%
Profit Margin	-27.73%	-29.07%	-26.30%	-44.09%	-62.85%	-32.98%
Free Cash Flow Margin	1.88%	0.97%	-2.10%	-30.46%	-20.69%	-17.01%
EBITDA	-89.14	-97.42	-135.69	-188.48	-173.58	-63.76
EBITDA Margin	-16.07%	-17.92%	-26.82%	-43.56%	-48.99%	-21.92%
D&A For EBITDA	56.83	56.64	58.03	55.72	45.44	22.66
EBIT	-145.97	-154.05	-193.71	-244.2	-219.02	-86.41
EBIT Margin	-26.32%	-28.34%	-38.28%	-56.43%	-61.81%	-29.71%
Advertising Expenses	-	5.8	4.6	2.5	2.3	3.8

Updated Feb 26, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q