Marin Software Incorporated (MRIN)

Marin Software 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	17.18	17.73	20.02	24.42	29.98	49.04
Revenue Growth (YoY)	-11.64%	-11.43%	-18.02%	-18.55%	-38.86%	-16.37%
Cost of Revenue	10.14	11.64	12.8	12.89	17.95	22.84
Gross Profit	7.04	6.1	7.22	11.54	12.04	26.19
Selling, General & Admin	13.96	15.39	17.39	14.81	15.52	26.28
Research & Development	9.17	10.24	11.83	10.79	12.82	17.85
Other Operating Expenses	3.28	3.28	0	0	0	1.91
Operating Expenses	26.41	28.9	29.23	25.6	28.33	46.04
Operating Income	-19.37	-22.81	-22	-14.06	-16.3	-19.84
Other Expense / Income	-0.62	-0.74	-4.08	-0.98	-1.53	-7.32
Pretax Income	-18.76	-22.07	-17.92	-13.08	-14.76	-12.53
Income Tax	-0.21	-0.15	0.31	-0.13	-0.71	-0.12
Net Income	-18.55	-21.92	-18.23	-12.94	-14.05	-12.41
Shares Outstanding (Basic)	3	3	3	2	1	1
Shares Outstanding (Diluted)	3	3	3	2	1	1
Shares Change	5.26%	11.11%	23.70%	74.92%	15.24%	10.20%
EPS (Basic)	-6.26	-7.44	-6.90	-6.06	-11.46	-11.70
EPS (Diluted)	-6.26	-7.44	-6.90	-6.06	-11.46	-11.70
Free Cash Flow	-13.85	-16.39	-19.9	-9.24	-7.56	-3.9
Free Cash Flow Per Share	-4.58	-5.57	-7.51	-4.32	-6.18	-3.67
Gross Margin	40.99%	34.38%	36.09%	47.24%	40.15%	53.42%
Operating Margin	-112.77%	-128.62%	-109.90%	-57.58%	-54.35%	-40.47%
Profit Margin	-107.95%	-123.61%	-91.05%	-53.01%	-46.86%	-25.30%
Free Cash Flow Margin	-80.61%	-92.44%	-99.41%	-37.83%	-25.21%	-7.95%
EBITDA	-15.56	-18.82	-12.83	-9.87	-9.76	-4.88
EBITDA Margin	-90.60%	-106.14%	-64.10%	-40.42%	-32.55%	-9.94%
Depreciation & Amortization	3.19	3.25	5.09	3.21	5	7.65
EBIT	-18.76	-22.07	-17.92	-13.08	-14.76	-12.53
EBIT Margin	-109.17%	-124.45%	-89.52%	-53.55%	-49.23%	-25.55%

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).