Weave Communications Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019
Revenue	170.47	142.12	115.87	79.9	45.75
Revenue Growth (YoY)	19.95%	22.65%	45.03%	74.65%	-
Cost of Revenue	54.38	53.28	49.37	34.45	18.52
Gross Profit	116.09	88.84	66.5	45.45	27.23
Selling, General & Admin	116.42	107.83	89.88	65.05	44.74
Research & Development	34.04	30.71	27.01	19.97	14.41
Operating Expenses	150.46	138.55	116.89	85.02	59.15
Operating Income	-34.37	-49.7	-50.39	-39.57	-31.92
Interest Expense / Income	1.92	1.44	1.18	1.1	0.81
Other Expense / Income	-5.52	-1.51	0.06	-0.25	-0.67
Pretax Income	-30.77	-49.63	-51.63	-40.42	-32.06
Income Tax	0.26	0.1	0.06	0	0
Net Income	-31.03	-49.74	-51.69	-40.42	-32.06
Preferred Dividends	0	0	1.96	2.12	1.97
Net Income Common	-31.03	-49.74	-53.65	-42.55	-34.03
Shares Outstanding (Basic)	68	65	21	11	10
Shares Outstanding (Diluted)	68	65	21	11	10
Shares Change	4.01%	215.38%	81.73%	9.98%	-
EPS (Basic)	-0.46	-0.76	-2.60	-3.75	-3.30
EPS (Diluted)	-0.46	-0.76	-2.60	-3.75	-3.30
Free Cash Flow	6.53	-15.88	-30.18	-19.38	-24.54
Free Cash Flow Per Share	0.10	-0.24	-1.46	-1.71	-2.38
Gross Margin	68.10%	62.51%	57.39%	56.88%	59.52%
Operating Margin	-20.16%	-34.97%	-43.49%	-49.53%	-69.78%
Profit Margin	-18.20%	-35.00%	-46.30%	-53.25%	-74.38%
Free Cash Flow Margin	3.83%	-11.17%	-26.05%	-24.25%	-53.64%
EBITDA	-13.02	-31.55	-38.31	-29.9	-25.52
EBITDA Margin	-7.64%	-22.20%	-33.06%	-37.42%	-55.78%
Depreciation & Amortization	15.83	16.65	12.14	9.43	5.73
EBIT	-28.85	-48.19	-50.45	-39.32	-31.25
EBIT Margin	-16.92%	-33.91%	-43.54%	-49.22%	-68.31%

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).