Ibotta, Inc. (IBTA)

Ibotta Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Revenue	367.25	320.04	210.7
Revenue Growth (YoY)	14.75%	51.89%	-
Cost of Revenue	50.12	43.99	46.18
Gross Profit	317.13	276.05	164.53
Selling, General & Admin	221.95	166.39	159.23
Research & Development	62.7	49.83	41.82
Operating Expenses	288.63	219.88	204.1
Operating Income	28.5	56.17	-39.58
Interest Expense	-	-6.88	-5.31
Interest & Investment Income	9.41	-	-
Other Non Operating Income (Expenses)	-3.16	-5.06	-4.44
EBT Excluding Unusual Items	34.76	44.22	-49.33
Gain (Loss) on Sale of Investments	-	-	-4.53
Asset Writedown	-0.57	-0.17	-0.74
Other Unusual Items	-9.69	-	-
Pretax Income	24.5	44.05	-54.6
Income Tax Expense	-44.25	5.93	0.26
Net Income	68.74	38.12	-54.86
Net Income to Common	68.74	38.12	-54.86
Net Income Growth	80.34%	-	-
Shares Outstanding (Basic)	24	9	9
Shares Outstanding (Diluted)	27	27	9
Shares Change (YoY)	-0.23%	210.43%	-
EPS (Basic)	2.85	4.26	-6.33
EPS (Diluted)	2.56	1.42	-6.33
EPS Growth	80.28%	-	-
Free Cash Flow	115.05	22.17	-57.28
Free Cash Flow Per Share	4.28	0.82	-6.61
Gross Margin	86.35%	86.25%	78.08%
Operating Margin	7.76%	17.55%	-18.78%
Profit Margin	18.72%	11.91%	-26.04%
Free Cash Flow Margin	31.33%	6.93%	-27.19%
EBITDA	30.78	59.03	-36.66
EBITDA Margin	8.38%	18.45%	-17.40%
D&A For EBITDA	2.28	2.86	2.92
EBIT	28.5	56.17	-39.58
EBIT Margin	7.76%	17.55%	-18.78%
Effective Tax Rate	-	13.47%	-
Advertising Expenses	31.4	24.7	29.6

Source: S&P Capital IQ. Standard template. Financial Sources.