Weave Communications, Inc. (WEAV)

Weave Communications Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	204.31	170.47	142.12	115.87	79.9
Revenue Growth (YoY)	19.86%	19.95%	22.65%	45.03%	74.65%
Cost of Revenue	58.43	54.38	53.28	49.37	34.45
Gross Profit	145.88	116.09	88.84	66.5	45.45
Selling, General & Admin	137.06	116.42	107.83	89.88	65.05
Research & Development	40.23	34.04	30.71	27.01	19.97
Operating Expenses	177.3	150.46	138.55	116.89	85.02
Operating Income	-31.41	-34.37	-49.7	-50.39	-39.57
Interest Expense	-1.52	-1.92	-1.44	-1.18	-1.1
Interest & Investment Income	1.85	2.2	1.16	-	-
Other Non Operating Income (Expenses)	0.79	0.65	-0.06	-0.06	0.25
EBT Excluding Unusual Items	-30.29	-33.44	-50.05	-51.63	-40.42
Gain (Loss) on Sale of Investments	2.13	2.67	0.41	-	-
Pretax Income	-28.16	-30.77	-49.63	-51.63	-40.42
Income Tax Expense	0.19	0.26	0.1	0.06	-
Net Income	-28.35	-31.03	-49.74	-51.69	-40.42
Preferred Dividends & Other Adjustments	-	-	-	1.96	2.12
Net Income to Common	-28.35	-31.03	-49.74	-53.65	-42.55
Shares Outstanding (Basic)	72	68	65	21	11
Shares Outstanding (Diluted)	72	68	65	21	11
Shares Change (YoY)	5.85%	4.01%	215.38%	81.73%	9.98%
EPS (Basic)	-0.40	-0.46	-0.76	-2.60	-3.75
EPS (Diluted)	-0.40	-0.46	-0.76	-2.60	-3.75
Free Cash Flow	11.96	8.53	-14.66	-27.75	-18.28
Free Cash Flow Per Share	0.17	0.13	-0.23	-1.34	-1.61
Gross Margin	71.40%	68.10%	62.51%	57.39%	56.88%
Operating Margin	-15.38%	-20.16%	-34.97%	-43.49%	-49.53%
Profit Margin	-13.87%	-18.20%	-35.00%	-46.30%	-53.25%
Free Cash Flow Margin	5.86%	5.00%	-10.32%	-23.95%	-22.88%
EBITDA	-21.4	-23.67	-37.74	-39.05	-30.15
EBITDA Margin	-10.47%	-13.88%	-26.55%	-33.70%	-37.73%
D&A For EBITDA	10.02	10.7	11.96	11.34	9.43
EBIT	-31.41	-34.37	-49.7	-50.39	-39.57
EBIT Margin	-15.38%	-20.16%	-34.97%	-43.49%	-49.53%
Advertising Expenses	11.8	8.3	6.3	7.9	2.9

Updated Mar 13, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q