Ibotta, Inc. (IBTA)

Ibotta Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022
Revenue	355.21	320.04	210.7
Revenue Growth (YoY)	-	51.89%	-
Cost of Revenue	45.9	43.99	46.18
Gross Profit	309.32	276.05	164.53
Selling, General & Admin	216.52	166.39	159.23
Research & Development	57.41	49.83	41.82
Operating Expenses	278.1	219.88	204.1
Operating Income	31.22	56.17	-39.58
Interest Expense	-3.67	-6.88	-5.31
Other Non Operating Income (Expenses)	-6.44	-5.06	-4.44
EBT Excluding Unusual Items	21.98	44.22	-49.33
Gain (Loss) on Sale of Investments	-	-	-4.53
Asset Writedown	0.16	-0.17	-0.74
Pretax Income	12.51	44.05	-54.6
Income Tax Expense	10.12	5.93	0.26
Net Income	2.39	38.12	-54.86
Net Income to Common	2.39	38.12	-54.86
Shares Outstanding (Basic)	13	9	9
Shares Outstanding (Diluted)	22	27	9
Shares Change (YoY)	-	210.43%	-
EPS (Basic)	0.18	4.26	-6.33
EPS (Diluted)	0.11	1.42	-6.33
Free Cash Flow	75.33	22.17	-57.28
Free Cash Flow Per Share	3.36	0.82	-6.61
Gross Margin	87.08%	86.25%	78.08%
Operating Margin	8.79%	17.55%	-18.78%
Profit Margin	0.67%	11.91%	-26.04%
Free Cash Flow Margin	21.21%	6.93%	-27.19%
EBITDA	33.65	58.13	-37.36
EBITDA Margin	9.47%	18.16%	-17.73%
D&A For EBITDA	2.43	1.96	2.22
EBIT	31.22	56.17	-39.58
EBIT Margin	8.79%	17.55%	-18.78%
Effective Tax Rate	80.89%	13.47%	-
Advertising Expenses	-	24.7	29.6

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