Semrush Holdings 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	322.62	307.68	254.32	188	124.88	92.11
Revenue Growth (YoY)	20.35%	20.98%	35.27%	50.55%	35.57%	-
Cost of Revenue	54.33	52.33	48.55	41.93	29.93	22.54
Gross Profit	268.28	255.35	205.76	146.07	94.95	69.57
Selling, General & Admin	202.54	204.28	189.67	124.24	83.56	63.57
Research & Development	60.87	57.44	41.2	24.32	17.53	14.22
Other Operating Expenses	0.31	1.29	11.26	0	0	0
Operating Expenses	263.72	263.02	242.14	148.56	101.09	77.79
Operating Income	4.57	-7.67	-36.37	-2.49	-6.15	-8.22
Other Expense / Income	-14.38	-12.31	-3.46	0.52	0.29	1.48
Pretax Income	18.95	4.65	-32.92	-3.02	-6.44	-9.7
Income Tax	6	3.7	0.93	0.27	0.58	0.46
Net Income	12.95	0.95	-33.85	-3.29	-7.01	-10.17
Shares Outstanding (Basic)	145	143	141	127	95	95
Shares Outstanding (Diluted)	148	146	141	127	95	95
Shares Change	4.27%	3.47%	11.51%	33.53%	0.29%	-
EPS (Basic)	0.09	0.01	-0.24	-0.03	-0.07	-0.11
EPS (Diluted)	0.09	0.01	-0.24	-0.03	-0.07	-0.11
Free Cash Flow	17.27	0.34	-15.56	19.98	2.45	0.71
Free Cash Flow Per Share	0.12	0.00	-0.11	0.16	0.03	0.01
Gross Margin	83.16%	82.99%	80.91%	77.69%	76.03%	75.53%
Operating Margin	1.42%	-2.49%	-14.30%	-1.33%	-4.92%	-8.93%
Profit Margin	4.01%	0.31%	-13.31%	-1.75%	-5.62%	-11.04%
Free Cash Flow Margin	5.35%	0.11%	-6.12%	10.63%	1.96%	0.77%
Effective Tax Rate	31.68%	79.55%	-	-	-	-
EBITDA	30.65	15.38	-21.75	0.52	-4.95	-8.65
EBITDA Margin	9.50%	5.00%	-8.55%	0.28%	-3.96%	-9.39%
Depreciation & Amortization	11.7	10.73	11.17	3.54	1.48	1.05
EBIT	18.95	4.65	-32.92	-3.02	-6.44	-9.7
EBIT Margin	5.87%	1.51%	-12.94%	-1.60%	-5.15%	-10.53%

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).