Appreciate Holdings Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2021	FY 2020
Period Ending	Sep '22 Sep 30, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	29.01	27.9	28.05
Revenue Growth (YoY)	3.42%	-0.54%	-
Cost of Revenue	15.52	15.19	14.49
Gross Profit	13.5	12.71	13.56
Selling, General & Admin	13.44	12.97	12.63
Other Operating Expenses	3.95	1.67	1.37
Operating Expenses	19.19	16.65	16.82
Operating Income	-5.69	-3.93	-3.26
Interest Expense	-1.98	-2.08	-1.96
Other Non Operating Income (Expenses)	-0.13	0.18	0.32
EBT Excluding Unusual Items	-7.8	-5.83	-4.91
Other Unusual Items	-	4.53	-
Pretax Income	-7.8	-1.3	-4.91
Net Income	-7.8	-1.3	-4.91
Net Income to Common	-7.8	-1.3	-4.91
Shares Outstanding (Basic)	29	29	-
Shares Outstanding (Diluted)	29	29	-
EPS (Basic)	-0.27	-0.05	-
EPS (Diluted)	-0.27	-0.05	-
Free Cash Flow	1.05	-1.79	-3.57
Free Cash Flow Per Share	0.04	-0.06	-
Gross Margin	46.53%	45.56%	48.34%
Operating Margin	-19.63%	-14.10%	-11.63%
Profit Margin	-26.88%	-4.66%	-17.49%
Free Cash Flow Margin	3.63%	-6.43%	-12.73%
EBITDA	-4.11	-2.15	-0.43
EBITDA Margin	-14.17%	-7.71%	-1.54%
D&A For EBITDA	1.58	1.78	2.83
EBIT	-5.69	-3.93	-3.26
EBIT Margin	-19.63%	-14.10%	-11.63%
Revenue as Reported	29.01	27.9	28.05
Advertising Expenses	-	0.89	0.74

Source: S&P Capital IQ. Standard template. Financial Sources.