Olo Inc. (OLO)

Olo Inc. Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	284.94	228.29	185.4	149.37	98.42
Revenue Growth (YoY)	24.82%	23.13%	24.13%	51.76%	94.16%
Cost of Revenue	128.52	89.32	58.47	31.37	18.67
Gross Profit	156.42	138.97	126.94	118	79.76
Selling, General & Admin	116.95	111.7	102.1	86.24	30.75
Research & Development	67.85	73.91	73.73	59.73	32.91
Operating Expenses	184.8	185.61	175.83	145.97	63.66
Operating Income	-28.38	-46.65	-48.89	-27.98	16.1
Interest Expense	-0.11	-0.21	-0.19	-	-0.16
Interest & Investment Income	19.28	17.24	4.59	-	-
Other Non Operating Income (Expenses)	0.04	-0	0.01	-18.85	-12.69
EBT Excluding Unusual Items	-9.17	-29.62	-44.48	-46.83	3.25
Merger & Restructuring Charges	-2.4	-6.85	-	-	-
Asset Writedown	-1.2	-	-2.78	-	-
Legal Settlements	-0.67	-21.59	-	-	-
Other Unusual Items	1.4	-	-	-	-
Pretax Income	0.06	-58.06	-47.25	-46.83	3.25
Income Tax Expense	0.96	0.23	-1.28	-4.56	0.19
Net Income	-0.9	-58.29	-45.97	-42.27	3.06
Preferred Dividends & Other Adjustments	-	-	-	0.01	3.06
Net Income to Common	-0.9	-58.29	-45.97	-42.29	-
Shares Outstanding (Basic)	163	163	161	124	20
Shares Outstanding (Diluted)	163	163	161	124	20
Shares Change (YoY)	-0.24%	1.05%	30.27%	516.58%	15.11%
EPS (Basic)	-0.01	-0.36	-0.28	-0.34	-
EPS (Diluted)	-0.01	-0.36	-0.28	-0.34	-
Free Cash Flow	38.81	-6.66	1.83	15.86	20.37
Free Cash Flow Per Share	0.24	-0.04	0.01	0.13	1.01
Gross Margin	54.90%	60.87%	68.47%	79.00%	81.03%
Operating Margin	-9.96%	-20.43%	-26.37%	-18.73%	16.35%
Profit Margin	-0.32%	-25.53%	-24.79%	-28.31%	-
Free Cash Flow Margin	13.62%	-2.92%	0.98%	10.62%	20.70%
EBITDA	-24.04	-42.26	-44.57	-26.96	16.47
EBITDA Margin	-8.44%	-18.51%	-24.04%	-18.05%	16.73%
D&A For EBITDA	4.34	4.39	4.32	1.02	0.37
EBIT	-28.38	-46.65	-48.89	-27.98	16.1
EBIT Margin	-9.96%	-20.43%	-26.37%	-18.73%	16.35%
Effective Tax Rate	1570.49%	-	-	-	5.81%
Revenue as Reported	284.94	228.29	185.4	149.37	98.42
Advertising Expenses	1	1.5	0.9	1.3	-

Updated Feb 25, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q