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Income Statement
Balance Sheet
Cash Flow Statement

Common Size IS
Op Efficiency
Credit Analysis

Vacasa, Inc.

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-21Dec-31-20Dec-31-19
   10-K10-K10-K
Revenues  889.1491.8299.3
            Revenue growth  80.8%64.3% 
Cost of goods sold  440.8256.1164.5
Gross profit  448.3235.7134.8
            Gross margin  50.4%47.9%45.0%
Selling, general and administrative   [+]276.7137.6106.9
Research and development  48.727.016.9
Other operating expenses  187.0116.278.8
EBITDA   [+]-64.1-45.1-67.8
            EBITDA margin  -7.2%-9.2%-22.6%
Depreciation  17.115.55.7
EBITA  -81.2-60.6-73.5
            EBITA margin  -9.1%-12.3%-24.6%
Amortization of intangibles  44.218.88.0
EBIT   [+]-125.4-79.4-81.5
            EBIT margin  -14.1%-16.1%-27.2%
Interest expense  31.77.91.2
Other income (expense), net  3.3-5.3-2.3
Pre-tax income  -153.8-92.7-84.9
Income taxes  0.8-0.3-0.1
            Tax rate   0.3%0.1%
Net income  -12.70.00.0
            Net margin  -1.4%0.0%0.0%
   
Basic EPS  ($0.06)$0.00$0.00
Diluted EPS  ($0.06)$0.00$0.00
   
Shares outstanding (basic)   [+]214.80.20.2
Shares outstanding (diluted)   [+]214.80.20.2
   
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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