Upland Software, Inc. (UPLD)

Upland Software Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	297.85	317.3	302.02	291.78	222.64
Revenue Growth (YoY)	-6.13%	5.06%	3.51%	31.06%	48.54%
Cost of Revenue	96.36	103.74	99.45	98.45	69.12
Gross Profit	201.49	213.56	202.56	193.33	153.52
Selling, General & Admin	125.61	129.88	132	114.15	83.25
Research & Development	49.38	46.19	42.69	39	29.04
Other Operating Expenses	190.43	77.73	62.55	63.99	65.54
Operating Expenses	365.41	253.79	237.24	217.15	177.83
Operating Income	-163.92	-40.23	-34.68	-23.81	-24.31
Interest Expense / Income	18.68	29.15	31.63	31.53	22.31
Other Expense / Income	-0.24	0.78	0.25	0.11	5.56
Pretax Income	-182.37	-70.15	-66.56	-55.45	-52.18
Income Tax	-2.49	-1.74	-8.34	-4.23	-6.81
Net Income	-179.87	-68.41	-58.21	-51.22	-45.37
Preferred Dividends	5.35	1.85	0	0	0
Net Income Common	-185.22	-70.26	-58.21	-51.22	-45.37
Shares Outstanding (Basic)	32	32	30	27	23
Shares Outstanding (Diluted)	32	32	30	27	23
Shares Change	1.73%	4.07%	13.76%	15.29%	15.58%
EPS (Basic)	-5.77	-2.23	-1.92	-1.92	-1.96
EPS (Diluted)	-5.77	-2.23	-1.92	-1.92	-1.96
Free Cash Flow	48.72	29.11	40.62	34.51	11.04
Free Cash Flow Per Share	1.52	0.92	1.34	1.30	0.48
Gross Margin	67.65%	67.31%	67.07%	66.26%	68.96%
Operating Margin	-55.03%	-12.68%	-11.48%	-8.16%	-10.92%
Profit Margin	-62.19%	-22.14%	-19.27%	-17.55%	-20.38%
Free Cash Flow Margin	16.36%	9.18%	13.45%	11.83%	4.96%
EBITDA	-91.7	15.14	18	23.24	4.76
EBITDA Margin	-30.79%	4.77%	5.96%	7.96%	2.14%
Depreciation & Amortization	71.99	56.15	52.93	47.16	34.62
EBIT	-163.68	-41.01	-34.93	-23.92	-29.86
EBIT Margin	-54.95%	-12.92%	-11.57%	-8.20%	-13.41%

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).