Newegg Commerce, Inc. (NEGG)

Newegg Commerce Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	1,392	1,497	1,720	2,376	2,115	1,534
Revenue Growth (YoY)	-10.38%	-12.98%	-27.61%	12.36%	37.87%	-24.15%
Cost of Revenue	1,242	1,329	1,504	2,050	1,841	1,369
Gross Profit	149.4	167.56	216.63	325.98	273.63	164.87
Selling, General & Admin	215.85	238.64	266.16	292.46	250.24	229.19
Other Operating Expenses	-	-	-	-	-	-28.31
Operating Expenses	215.85	238.64	266.16	292.46	250.24	200.88
Operating Income	-66.45	-71.08	-49.54	33.51	23.39	-36
Interest Expense	-2.52	-2.54	-0.69	-0.61	-0.66	-2.95
Interest & Investment Income	3.07	2.35	1.16	1.08	1.12	0.59
Earnings From Equity Investments	-	-	-	-7.37	3.2	0.26
Other Non Operating Income (Expenses)	4.51	2.77	6.34	1.82	5.32	4.18
EBT Excluding Unusual Items	-61.39	-68.51	-42.72	28.42	32.37	-33.92
Gain (Loss) on Sale of Investments	5.4	6.84	-0.61	-	-	21.52
Gain (Loss) on Sale of Assets	-	-	-	2.04	-	-
Pretax Income	-55.98	-61.67	-43.33	30.47	32.37	-12.4
Income Tax Expense	-1.37	-2.68	14.1	-5.8	1.94	4.59
Earnings From Continuing Operations	-54.61	-58.99	-57.43	36.26	30.43	-16.99
Net Income	-54.61	-58.99	-57.43	36.26	30.43	-16.99
Net Income to Common	-54.61	-58.99	-57.43	36.26	30.43	-16.99
Net Income Growth	-	-	-	19.18%	-	-
Shares Outstanding (Basic)	388	379	373	367	363	363
Shares Outstanding (Diluted)	388	379	373	432	385	363
Shares Change (YoY)	2.34%	1.47%	-13.69%	12.27%	5.97%	-2.72%
EPS (Basic)	-0.14	-0.16	-0.15	0.10	0.08	-0.05
EPS (Diluted)	-0.14	-0.16	-0.15	0.08	0.08	-0.05
Free Cash Flow	3.2	-34.1	11.29	-67.13	78.36	-20.36
Free Cash Flow Per Share	0.01	-0.09	0.03	-0.15	0.20	-0.06
Gross Margin	10.73%	11.19%	12.59%	13.72%	12.94%	10.75%
Operating Margin	-4.77%	-4.75%	-2.88%	1.41%	1.11%	-2.35%
Profit Margin	-3.92%	-3.94%	-3.34%	1.53%	1.44%	-1.11%
Free Cash Flow Margin	0.23%	-2.28%	0.66%	-2.83%	3.71%	-1.33%
EBITDA	-53.6	-57.65	-38.52	44.35	32.48	-25.3
EBITDA Margin	-3.85%	-3.85%	-2.24%	1.87%	1.54%	-1.65%
D&A For EBITDA	12.85	13.44	11.02	10.84	9.09	10.71
EBIT	-66.45	-71.08	-49.54	33.51	23.39	-36
EBIT Margin	-4.77%	-4.75%	-2.88%	1.41%	1.11%	-2.35%
Effective Tax Rate	-	-	-	-	6.00%	-
Advertising Expenses	-	12.7	14.7	32.8	29	25.8

Updated Aug 29, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q