TechTarget, Inc. (TTGT)

TechTarget Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	224.49	229.96	297.49	263.43	148.38	133.96
Revenue Growth (YoY)	-21.63%	-22.70%	12.93%	77.54%	10.76%	10.40%
Cost of Revenue	77.37	75.54	78.49	71.21	37.34	31.86
Gross Profit	147.11	154.43	219	192.22	111.03	102.1
Selling, General & Admin	128.24	131.26	132.68	130.73	74.44	66.55
Research & Development	11.06	10.91	12.35	11.64	7.83	8.11
Other Operating Expenses	21.37	14.53	17.28	15.49	5.95	4.7
Operating Expenses	160.67	156.7	162.31	157.87	88.21	79.36
Operating Income	-13.55	-2.27	56.69	34.35	22.82	22.74
Interest Expense / Income	-8.9	-11.66	-0.86	23.28	0.32	0.69
Other Expense / Income	-8.11	-5.03	-	-	-	-
Pretax Income	3.45	14.42	57.55	11.08	22.5	22.05
Income Tax	10.72	9.96	15.95	10.13	5.44	5.17
Net Income	-7.27	4.46	41.61	0.95	17.07	16.88
Net Income Growth	-	-89.28%	4284.51%	-94.44%	1.14%	30.26%
Shares Outstanding (Basic)	29	28	30	28	28	28
Shares Outstanding (Diluted)	29	28	34	29	29	28
Shares Change	-1.53%	-16.37%	15.60%	2.79%	1.28%	-1.19%
EPS (Basic)	-0.24	0.16	1.41	0.03	0.61	0.61
EPS (Diluted)	-0.24	0.16	1.30	0.03	0.61	0.60
EPS Growth	-	-87.69%	4233.33%	-95.08%	1.67%	33.33%
Free Cash Flow	48.32	57.85	76.67	69.07	45.79	33.11
Free Cash Flow Per Share	1.70	2.04	2.59	2.43	1.64	1.19
Gross Margin	65.53%	67.15%	73.62%	72.97%	74.83%	76.22%
Operating Margin	-6.04%	-0.99%	19.06%	13.04%	15.38%	16.97%
Profit Margin	-3.24%	1.94%	13.99%	0.36%	11.50%	12.60%
Free Cash Flow Margin	21.53%	25.16%	25.77%	26.22%	30.86%	24.72%
Effective Tax Rate	310.84%	69.06%	27.70%	91.43%	24.16%	23.46%
EBITDA	16.36	23.9	75.04	54.8	29.76	27.74
EBITDA Margin	7.29%	10.39%	25.22%	20.80%	20.06%	20.71%
Depreciation & Amortization	21.81	21.13	18.35	20.45	6.94	5
EBIT	-5.45	2.76	56.69	34.35	22.82	22.74
EBIT Margin	-2.43%	1.20%	19.06%	13.04%	15.38%	16.97%

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).