Outbrain Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	921.01	935.82	992.08	1,016	767.14	687.33
Revenue Growth (YoY)	-5.02%	-5.67%	-2.32%	32.39%	11.61%	-
Cost of Revenue	735.77	751.02	799.43	775.37	602.08	545.55
Gross Profit	185.24	184.8	192.65	240.26	165.06	141.79
Selling, General & Admin	154.88	157.04	165.88	166.54	125.92	129.98
Research & Development	36.28	36.4	40.32	39.17	28.96	26.39
Operating Expenses	191.16	193.44	206.2	205.7	154.89	156.37
Operating Income	-5.93	-8.64	-13.55	34.56	10.18	-14.59
Interest Expense / Income	4.46	5.39	7.63	3.96	2.53	0.45
Other Expense / Income	-27.93	-30.39	-2.6	45.13	-	-
Pretax Income	17.54	16.36	-18.57	-14.54	7.65	-15.03
Income Tax	6.74	6.11	6.01	-25.53	3.29	5.48
Net Income	10.81	10.24	-24.58	11	4.36	-20.51
Net Income Growth	-	-	-	152.35%	-	-
Shares Outstanding (Basic)	49	51	56	35	17	15
Shares Outstanding (Diluted)	49	57	56	54	20	15
Shares Change	-4.22%	2.43%	3.19%	166.98%	32.15%	-
EPS (Basic)	0.21	0.20	-0.44	0.31	0.10	-1.34
EPS (Diluted)	0.21	-0.06	-0.44	0.20	0.08	-1.34
EPS Growth	-	-	-	150.00%	-	-
Free Cash Flow	25.24	-6.49	-22.13	36.71	43.6	6.35
Free Cash Flow Per Share	0.51	-0.13	-0.40	1.04	2.59	0.42
Gross Margin	20.11%	19.75%	19.42%	23.66%	21.52%	20.63%
Operating Margin	-0.64%	-0.92%	-1.37%	3.40%	1.33%	-2.12%
Profit Margin	1.17%	1.09%	-2.48%	1.08%	0.57%	-2.98%
Free Cash Flow Margin	2.74%	-0.69%	-2.23%	3.61%	5.68%	0.92%
Effective Tax Rate	38.40%	37.38%	-	-	43.05%	-
EBITDA	46.17	46.9	20.28	8.9	28.69	2.16
EBITDA Margin	5.01%	5.01%	2.04%	0.88%	3.74%	0.31%
Depreciation & Amortization	24.16	25.16	31.23	19.47	18.51	16.74
EBIT	22.01	21.75	-10.95	-10.57	10.18	-14.59
EBIT Margin	2.39%	2.32%	-1.10%	-1.04%	1.33%	-2.12%

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).