Ibotta, Inc. (IBTA)

Ibotta Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022
Revenue	368.55	320.04	210.7
Revenue Growth (YoY)	74.91%	51.89%	-
Cost of Revenue	47.29	43.99	46.18
Gross Profit	321.26	276.05	164.53
Selling, General & Admin	215.16	166.39	159.23
Research & Development	60.67	49.83	41.82
Operating Expenses	279.57	219.88	204.1
Operating Income	41.69	56.17	-39.58
Interest Expense	-4.51	-6.88	-5.31
Other Non Operating Income (Expenses)	-4.94	-5.06	-4.44
EBT Excluding Unusual Items	39.94	44.22	-49.33
Gain (Loss) on Sale of Investments	-	-	-4.53
Asset Writedown	-0.48	-0.17	-0.74
Pretax Income	29.83	44.05	-54.6
Income Tax Expense	18.61	5.93	0.26
Net Income	11.22	38.12	-54.86
Net Income to Common	11.22	38.12	-54.86
Shares Outstanding (Basic)	19	9	9
Shares Outstanding (Diluted)	23	27	9
Shares Change (YoY)	169.61%	210.43%	-
EPS (Basic)	0.60	4.26	-6.33
EPS (Diluted)	0.48	1.42	-6.33
Free Cash Flow	116.77	22.17	-57.28
Free Cash Flow Per Share	4.99	0.82	-6.61
Gross Margin	87.17%	86.25%	78.08%
Operating Margin	11.31%	17.55%	-18.78%
Profit Margin	3.04%	11.91%	-26.04%
Free Cash Flow Margin	31.68%	6.93%	-27.19%
EBITDA	43.66	58.13	-37.36
EBITDA Margin	11.85%	18.16%	-17.73%
D&A For EBITDA	1.98	1.96	2.22
EBIT	41.69	56.17	-39.58
EBIT Margin	11.31%	17.55%	-18.78%
Effective Tax Rate	62.40%	13.47%	-
Advertising Expenses	-	24.7	29.6

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