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C3.ai, Inc. (AI)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsApr-30-23Apr-30-22Apr-30-21Apr-30-20Apr-30-19
   8-K10-K10-K10-KS-1/A
Revenues:  
    Professional services  36.4    
    Subscription  230.4    
Total revenues   [+]266.8252.8183.2156.70.0
            Revenue growth  5.6%38.0%16.9%  
Cost of goods sold   [+]86.363.744.538.80.2
Gross profit  180.5189.0138.7117.9-0.2
            Gross margin  67.6%74.8%75.7%75.2% 
Selling, general and administrative   [+]260.3234.6130.1124.83.3
Research and development  210.7150.568.964.50.8
Other operating expenses      -4.3
EBITDA   [+]-284.4-190.9-56.0-70.20.6
            EBITDA margin  -106.6%-75.5%-30.5%-44.8% 
Depreciation and amortization  6.15.24.31.30.6
EBIT   [+]-290.5-196.1-60.3-71.50.0
            EBIT margin  -108.9%-77.6%-32.9%-45.6% 
Interest income  22.01.81.34.3 
Other income (expense), net  0.43.04.0-1.8 
Pre-tax income  -268.2-191.3-55.0-69.00.0
Income taxes  0.70.80.70.40.0
Net income  -268.8-192.1-55.7-69.40.0
            Net margin  -100.8%-76.0%-30.4%-44.3% 
   
Basic EPS   [+] ($1.84)($0.83)($1.94) 
Diluted EPS   [+] ($1.84)($0.83)($1.94) 
   
Shares outstanding (basic)   [+] 104.466.835.8 
Shares outstanding (diluted)   [+] 104.466.835.8 
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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