Gannett Co., Inc. (GCI)

Gannett Co. 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	2,630	2,664	2,945	3,208	3,406	1,868
Revenue Growth (YoY)	-8.23%	-9.57%	-8.19%	-5.80%	82.33%	22.40%
Cost of Revenue	1,664	1,692	1,860	1,902	2,034	1,080
Gross Profit	966.15	971.52	1,085	1,307	1,371	788.32
Selling, General & Admin	735.44	735.34	852.49	902.06	999.79	602.11
Other Operating Expenses	214.29	149.91	266.06	295.38	819.5	333.19
Operating Expenses	949.73	885.25	1,119	1,197	1,819	935.29
Operating Income	16.42	86.27	-33.6	109.08	-447.89	-146.98
Interest Expense / Income	110.01	111.78	108.37	135.75	228.51	63.66
Other Expense / Income	-104.77	-19.44	-65.31	60.04	27.53	-4.8
Pretax Income	11.19	-6.06	-76.65	-86.71	-703.93	-205.84
Income Tax	49.14	21.73	1.35	48.25	-33.45	-85.99
Net Income	-37.95	-27.79	-78	-134.96	-670.48	-119.84
Shares Outstanding (Basic)	149	149	146	142	138	115
Shares Change	2.09%	1.91%	2.65%	3.17%	20.30%	1.39%
EPS (Basic)	-0.87	-0.20	-0.57	-1.00	-5.09	-1.77
EPS (Diluted)	-0.87	-0.20	-0.57	-1.00	-5.09	-1.77
Free Cash Flow	67.99	56.46	-4.6	87.89	20.8	11.56
Free Cash Flow Per Share	0.46	0.38	-0.03	0.62	0.15	0.10
Dividend Per Share	-	-	-	-	-	0.640
Gross Margin	36.73%	36.47%	36.84%	40.73%	40.27%	42.20%
Operating Margin	0.62%	3.24%	-1.14%	3.40%	-13.15%	-7.87%
Profit Margin	-1.44%	-1.04%	-2.65%	-4.21%	-19.69%	-6.42%
Free Cash Flow Margin	2.58%	2.12%	-0.16%	2.74%	0.61%	0.62%
Effective Tax Rate	439.26%	-	-	-	-	-
EBITDA	278.42	268.34	213.74	252.99	-211.6	-30.29
EBITDA Margin	10.58%	10.07%	7.26%	7.89%	-6.21%	-1.62%
Depreciation & Amortization	157.22	162.62	182.02	203.96	263.82	111.88
EBIT	121.2	105.71	31.71	49.04	-475.42	-142.18
EBIT Margin	4.61%	3.97%	1.08%	1.53%	-13.96%	-7.61%

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).