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Income Statement
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Beauty Health Co

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-23Mar-31-23Dec-31-22Sep-30-22Jun-30-22Mar-31-22Dec-31-21Sep-30-21
   10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q
Net sales  117.586.398.188.8103.575.477.968.1
            Net sales growth  13.5%14.4%26.0%30.3%55.7%58.6%105.6%97.2%
Cost of sales  49.632.233.027.233.524.521.122.1
    Gross profit  67.954.165.261.670.050.956.846.1
            Gross margin  57.8%62.7%66.4%69.3%67.6%67.5%72.9%67.6%
   
Operating expenses:          
Selling and marketing  43.038.739.039.844.936.437.130.5
Research and development  2.92.31.42.22.62.21.91.9
General and administrative  35.130.428.523.827.626.325.019.2
    Total operating expenses  81.071.468.965.775.164.964.051.5
    Loss from operations  -13.1-17.3-3.8-4.1-5.0-14.0-7.2-5.5
            Operating margin  -11.2%-20.1%-3.8%-4.7%-4.9%-18.6%-9.3%-8.0%
Interest expense, net  -3.4-3.4  -3.2-3.4  
Interest income  -5.7-4.3  -0.70.0  
Other (income) expense, net  0.0-0.44.9-2.5-0.90.90.20.0
Change in fair value of warrant liabilities  -11.69.1-6.8-4.3-15.2-52.16.0199.3
Foreign currency transaction (gain) loss, net  -0.40.91.40.02.2-0.4-0.60.4
    Income (loss) before provision for income taxes  1.2-25.92.6-0.76.434.1-16.2-216.3
Income tax (benefit) expense  -2.2-3.7-1.2-0.80.12.61.1-1.1
    Net income (loss)  3.4-22.33.80.16.331.5-17.3-215.1
   
Comprehensive income (loss), net of tax:          
Foreign currency translation adjustments  -0.40.92.2-1.6-3.7-0.10.3-1.5
    Comprehensive income (loss)  3.0-21.46.0-1.52.631.3-17.0-216.7
   
Net income (loss) per share          
Basic (in dollars per share)  $0.03($0.17)$0.03 $0.04$0.21$0.43($1.63)
Diluted (in dollars per share)  $0.03($0.17)($0.03)($0.03)($0.06)($0.13)$0.43($1.63)
   
Weighted average common shares outstanding          
Basic (in shares)  132.7132.4147.6150.8150.7150.6102.1132.3
Diluted (in shares)  132.7132.4148.5151.4151.7152.7102.1132.3

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