TechTarget Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	260.75	252.05	197.77	138.89
Revenue Growth (YoY)	31.84%	27.44%	42.40%	-
Cost of Revenue	103.63	99.17	72.61	55.96
Gross Profit	157.12	152.88	125.17	82.93
Selling, General & Admin	125.37	120.58	85.71	50.43
Research & Development	11.24	11.14	8	5.97
Operating Expenses	170.55	163.35	110.17	65.1
Operating Income	-13.43	-10.47	14.99	17.84
Interest Expense	-24.63	-24.26	-10.8	-0.52
Interest & Investment Income	4.81	2.4	0.52	0.06
Other Non Operating Income (Expenses)	-1.71	-0.87	0.23	-0.15
EBT Excluding Unusual Items	-34.97	-33.2	4.95	17.23
Merger & Restructuring Charges	-38.63	-5.83	-9.92	-1.95
Impairment of Goodwill	-	-130.13	-	-
Asset Writedown	-2.44	-0.58	-0.18	-
Other Unusual Items	9.38	112.65	-4.54	-
Pretax Income	-66.66	-57.08	-9.69	15.28
Income Tax Expense	-5.02	-5.56	-14.62	-2.67
Net Income	-61.64	-51.53	4.93	17.94
Net Income to Common	-61.64	-51.53	4.93	17.94
Net Income Growth	-	-	-72.50%	-
Shares Outstanding (Basic)	42	28	-	-
Shares Outstanding (Diluted)	42	28	-	-
EPS (Basic)	-1.48	-1.81	-	-
EPS (Diluted)	-1.48	-1.81	-	-
Free Cash Flow	-49.85	-11.75	24.83	34.91
Free Cash Flow Per Share	-1.20	-0.41	-	-
Gross Margin	60.26%	60.65%	63.29%	59.71%
Operating Margin	-5.15%	-4.15%	7.58%	12.84%
Profit Margin	-23.64%	-20.44%	2.49%	12.92%
Free Cash Flow Margin	-19.12%	-4.66%	12.55%	25.13%
EBITDA	20.95	21.2	31.45	26.53
EBITDA Margin	8.03%	8.41%	15.90%	19.10%
D&A For EBITDA	34.38	31.67	16.46	8.7
EBIT	-13.43	-10.47	14.99	17.84
EBIT Margin	-5.15%	-4.15%	7.58%	12.84%

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