Tuya Inc. (TUYA)

Tuya Inc. Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	311.64	298.62	229.99	208.17	302.08	179.87
Revenue Growth (YoY)	27.63%	29.84%	10.48%	-31.09%	67.94%	70.03%
Cost of Revenue	163.45	157.19	123.34	118.75	174.21	117.94
Gross Profit	148.2	141.43	106.66	89.42	127.87	61.94
Selling, General & Admin	95.85	103.04	121.1	123.18	146.97	55.42
Research & Development	94.39	95.05	102.28	144.94	174.29	77.43
Other Operating Expenses	-11.64	-11.33	-10.9	-10.51	-9.84	-1.07
Operating Expenses	178.6	186.75	212.48	257.61	311.43	131.78
Operating Income	-30.41	-45.32	-105.82	-168.19	-183.56	-69.85
Interest & Investment Income	50.01	50.42	49.74	22.9	8.05	3.07
Currency Exchange Gain (Loss)	0.01	-0.14	-4.02	0.27	-0.54	-0.08
Other Non Operating Income (Expenses)	4.17	4.18	3.11	2.9	1.96	-
EBT Excluding Unusual Items	23.79	9.15	-56.99	-142.11	-174.1	-66.85
Gain (Loss) on Sale of Investments	0.29	0.29	-0.08	-2.19	-2.05	0.15
Legal Settlements	-2.3	-2.3	-	-	-	-
Other Unusual Items	-	-	-	-	1.22	-
Pretax Income	21.78	7.14	-57.07	-144.3	-174.93	-66.71
Income Tax Expense	2.23	2.15	3.25	1.88	0.49	0.21
Net Income	19.56	5	-60.32	-146.18	-175.42	-66.91
Net Income to Common	19.56	5	-60.32	-146.18	-175.42	-66.91
Shares Outstanding (Basic)	586	574	555	554	489	222
Shares Outstanding (Diluted)	603	591	555	554	489	222
Shares Change (YoY)	8.37%	6.40%	0.35%	13.16%	120.36%	-
EPS (Basic)	0.03	0.01	-0.11	-0.26	-0.36	-0.30
EPS (Diluted)	0.03	0.01	-0.11	-0.26	-0.36	-0.30
Free Cash Flow	71.03	76.17	34.94	-71.36	-132.3	-52.41
Free Cash Flow Per Share	0.12	0.13	0.06	-0.13	-0.27	-0.24
Dividend Per Share	0.061	0.061	-	-	-	-
Gross Margin	47.55%	47.36%	46.37%	42.96%	42.33%	34.43%
Operating Margin	-9.76%	-15.18%	-46.01%	-80.79%	-60.77%	-38.83%
Profit Margin	6.28%	1.67%	-26.22%	-70.22%	-58.07%	-37.20%
Free Cash Flow Margin	22.79%	25.51%	15.19%	-34.28%	-43.80%	-29.14%
EBITDA	-29.02	-43.72	-103.38	-164.74	-180.19	-68.18
EBITDA Margin	-9.31%	-14.64%	-44.95%	-79.14%	-59.65%	-37.91%
D&A For EBITDA	1.38	1.6	2.45	3.44	3.37	1.66
EBIT	-30.41	-45.32	-105.82	-168.19	-183.56	-69.85
EBIT Margin	-9.76%	-15.18%	-46.01%	-80.79%	-60.77%	-38.83%
Effective Tax Rate	10.22%	30.03%	-	-	-	-

Updated May 20, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q