Ibotta, Inc. (IBTA)

Ibotta Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Revenue	369.5	367.25	320.04	210.7
Revenue Growth (YoY)	7.20%	14.75%	51.89%	-
Cost of Revenue	56.7	50.12	43.99	46.18
Gross Profit	312.8	317.13	276.05	164.53
Selling, General & Admin	231.91	221.95	166.39	159.23
Research & Development	67.05	62.7	49.83	41.82
Operating Expenses	302.94	288.63	219.88	204.1
Operating Income	9.86	28.5	56.17	-39.58
Interest Expense	-	-	-6.88	-5.31
Interest & Investment Income	14.9	9.41	-	-
Other Non Operating Income (Expenses)	-1.85	-3.16	-5.06	-4.44
EBT Excluding Unusual Items	22.91	34.76	44.22	-49.33
Gain (Loss) on Sale of Investments	-	-	-	-4.53
Asset Writedown	-0.65	-0.57	-0.17	-0.74
Other Unusual Items	-9.69	-9.69	-	-
Pretax Income	12.58	24.5	44.05	-54.6
Income Tax Expense	-47.42	-44.25	5.93	0.26
Net Income	60	68.74	38.12	-54.86
Net Income to Common	60	68.74	38.12	-54.86
Net Income Growth	16.06%	80.34%	-	-
Shares Outstanding (Basic)	29	24	9	9
Shares Outstanding (Diluted)	29	27	27	9
Shares Change (YoY)	-7.27%	-0.22%	210.43%	-
EPS (Basic)	2.03	2.85	4.26	-6.33
EPS (Diluted)	2.03	2.56	1.42	-6.33
EPS Growth	24.66%	80.28%	-	-
Free Cash Flow	113.8	115.05	22.17	-57.28
Free Cash Flow Per Share	3.86	4.28	0.82	-6.61
Gross Margin	84.66%	86.35%	86.25%	78.09%
Operating Margin	2.67%	7.76%	17.55%	-18.78%
Profit Margin	16.24%	18.72%	11.91%	-26.04%
Free Cash Flow Margin	30.80%	31.33%	6.93%	-27.19%
EBITDA	12.1	30.78	59.03	-36.66
EBITDA Margin	3.27%	8.38%	18.45%	-17.40%
D&A For EBITDA	2.24	2.28	2.86	2.92
EBIT	9.86	28.5	56.17	-39.58
EBIT Margin	2.67%	7.76%	17.55%	-18.78%
Effective Tax Rate	-	-	13.47%	-
Advertising Expenses	-	31.4	24.7	29.6

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q