ContextLogic Inc (LOGC)

ContextLogic 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	227	287	571	2,085	2,541	1,901
Revenue Growth (YoY)	-52.51%	-49.74%	-72.61%	-17.95%	33.67%	10.01%
Cost of Revenue	182	228	405	977	947	443
Gross Profit	45	59	166	1,108	1,594	1,458
Selling, General & Admin	210	235	370	1,267	2,003	1,528
Research & Development	123	152	194	208	222	74
Operating Expenses	333	387	564	1,475	2,225	1,602
Operating Income	-288	-328	-398	-367	-631	-144
Other Expense / Income	-12	-16	-15	-16	112	-16
Pretax Income	-276	-312	-383	-351	-743	-128
Income Tax	11	5	1	10	2	1
Net Income	-287	-317	-384	-361	-745	-129
Preferred Dividends	0	0	0	0	0	7
Net Income Common	-287	-317	-384	-361	-745	-136
Shares Outstanding (Basic)	24	24	22	21	4	3
Shares Outstanding (Diluted)	24	24	22	21	4	3
Shares Change	4.60%	5.88%	6.91%	395.30%	22.09%	0.99%
EPS (Basic)	-11.97	-13.36	-17.13	-17.10	-176.10	-39.30
EPS (Diluted)	-11.97	-13.36	-17.13	-17.10	-176.10	-39.30
Free Cash Flow	-327	-344	-424	-953	-2	-71
Free Cash Flow Per Share	-13.45	-14.49	-18.92	-45.45	-0.47	-20.48
Gross Margin	19.82%	20.56%	29.07%	53.14%	62.73%	76.70%
Operating Margin	-126.87%	-114.29%	-69.70%	-17.60%	-24.83%	-7.57%
Profit Margin	-126.43%	-110.45%	-67.25%	-17.31%	-29.32%	-7.15%
Free Cash Flow Margin	-144.05%	-119.86%	-74.26%	-45.71%	-0.08%	-3.73%
EBITDA	-269	-305	-371	-331	-721	-109
EBITDA Margin	-118.50%	-106.27%	-64.97%	-15.88%	-28.37%	-5.73%
Depreciation & Amortization	7	7	12	20	22	19
EBIT	-276	-312	-383	-351	-743	-128
EBIT Margin	-121.59%	-108.71%	-67.08%	-16.83%	-29.24%	-6.73%

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).