Newegg Commerce, Inc. (NEGG)

Newegg Commerce Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	1,497	1,720	2,376	2,115	1,534
Revenue Growth (YoY)	-12.98%	-27.60%	12.36%	37.87%	-24.15%
Cost of Revenue	1,329	1,504	2,050	1,841	1,369
Gross Profit	167.56	216.63	325.98	273.63	164.87
Selling, General & Admin	238.64	266.16	292.46	250.24	229.19
Other Operating Expenses	0	0	0	0	-28.31
Operating Expenses	238.64	266.16	292.46	250.24	200.88
Operating Income	-71.08	-49.54	33.51	23.39	-36
Interest Expense / Income	2.54	0.69	0.61	0.66	2.95
Other Expense / Income	-11.95	-6.9	2.43	-9.64	-26.55
Pretax Income	-61.67	-43.33	30.47	32.37	-12.4
Income Tax	-2.68	14.1	-5.8	1.94	4.59
Net Income	-58.99	-57.43	36.26	30.43	-16.99
Net Income Growth	-	-	19.18%	-	-
Shares Outstanding (Basic)	379	373	367	363	363
Shares Outstanding (Diluted)	379	373	432	385	363
Shares Change	1.47%	-13.69%	12.27%	5.97%	54617.77%
EPS (Basic)	-0.16	-0.15	0.10	0.08	-0.05
EPS (Diluted)	-0.16	-0.15	0.08	0.08	-0.05
Free Cash Flow	-33.93	11.29	-67.12	78.49	18.19
Free Cash Flow Per Share	-0.09	0.03	-0.18	0.22	0.05
Gross Margin	11.19%	12.59%	13.72%	12.94%	10.75%
Operating Margin	-4.75%	-2.88%	1.41%	1.11%	-2.35%
Profit Margin	-3.94%	-3.34%	1.53%	1.44%	-1.11%
Free Cash Flow Margin	-2.27%	0.66%	-2.82%	3.71%	1.19%
Effective Tax Rate	-	-	-19.02%	6.00%	-
EBITDA	-45.69	-31.62	41.92	42.12	1.25
EBITDA Margin	-3.05%	-1.84%	1.76%	1.99%	0.08%
Depreciation & Amortization	13.44	11.02	10.84	9.09	10.71
EBIT	-59.13	-42.64	31.08	33.03	-9.46
EBIT Margin	-3.95%	-2.48%	1.31%	1.56%	-0.62%

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).