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Markforged Holding Corp

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-23Jun-05-23Mar-31-23Mar-05-23Dec-31-22Sep-30-22Sep-05-22Jun-30-22
   10-Q8-K10-Q8-K10-K10-Q8-K10-Q
Revenues:  
    Services  2.5 2.4  2.1 2.3
    APAC  5.8 5.1  7.3 5.2
    Other  17.1 16.5  15.9 16.7
Total revenues  25.425.424.124.129.725.225.224.2
            Revenue growth   [+]5.0%5.0%10.2%10.2%11.4%4.8%4.8%18.6%
Cost of goods sold  13.513.512.512.515.713.013.011.3
Gross profit  12.012.011.611.613.912.212.212.9
            Gross margin  47.0%47.0%48.1%48.1%46.9%48.6%48.6%53.3%
Selling, general and administrative   [+]21.821.822.722.728.224.724.726.4
Research and development  10.310.310.410.431.410.410.410.4
Other operating expenses  0.8 -0.8 -35.20.7 -26.7
EBITDA   [+]     -27.1  
            EBITDA margin  -82.2%-79.0%-85.9%-89.3%-35.3%-107.6%-90.6%12.1%
Depreciation and amortization       -3.6  
EBIT   [+]-20.9-20.1-20.7-21.5-10.5-23.5-22.82.9
            EBIT margin  -82.2%-79.0%-85.9%-89.3%-35.3%-93.2%-90.6%12.1%
Non-recurring items   [+]-0.8 0.8 -51.0-0.7 26.7
Interest income, net   [+]1.5-0.11.7 1.41.01.00.3
Other income (expense), net   [+]-0.70.90.82.5-53.0-1.1-1.127.5
Pre-tax income  -19.3-19.3-19.0-19.0-11.2-23.0-23.04.1
Income taxes  -0.4-0.40.00.0-0.40.00.00.0
            Tax rate  1.9%1.9%  3.8%  0.1%
Net income  -19.0-19.0-19.0-19.0-10.7-23.0-23.04.1
            Net margin  -74.6%-74.6%-78.9%-78.9%-36.2%-91.1%-91.1%16.8%
   
Basic EPS   [+]($0.10)$0.00($0.10)$0.00($0.06)($0.12)$0.00$0.02
Diluted EPS   [+]($0.10)$0.00($0.10)$0.00($0.06)($0.12)$0.00$0.02
   
Shares outstanding (basic)   [+]196.4196,372.2195.4195,369.2189.7189.8189,766.9188.1
Shares outstanding (diluted)   [+]196.4196,372.2195.4195,369.2189.7189.8189,766.9188.9
   
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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