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Income Statement
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Cash Flow Statement

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Op Efficiency
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Aterian, Inc. (MWK)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17
   10-K10-K10-K10-K10-KS-1/A
Revenues  221.2247.8185.7114.573.336.5
            Revenue growth  -10.7%33.4%62.3%56.2%101.0% 
Cost of goods sold  115.7125.9101.069.447.322.8
Gross profit  105.5121.984.745.026.013.7
            Gross margin  47.7%49.2%45.6%39.4%35.5%37.5%
Selling, general and administrative   [+]121.1127.498.688.751.832.6
Research and development    8.110.73.73.7
Other operating expenses  181.5203.512.7   
Adjusted EBITDA    -11.5-19.5-28.6-21.3
            Adjusted EBITDA margin    -6.2%-17.0%-39.0%-58.4%
Stock-based compensation    22.734.70.61.0
EBITDA   [+]-189.6-201.7-34.2-54.2-29.2-22.3
            EBITDA margin  -85.7%-81.4%-18.4%-47.3%-39.8%-61.3%
Depreciation and amortization  7.57.30.60.20.30.3
EBIT   [+]-197.1-209.0-34.8-54.3-29.4-22.6
            EBIT margin  -89.1%-84.4%-18.7%-47.5%-40.2%-62.0%
Interest expense, net   [+]-0.1-0.65.04.42.40.4
Other income (expense), net   [+]3.1-13.8-23.30.00.00.0
Pre-tax income  -196.7-235.5-63.1-58.8-31.8-23.0
Income taxes  -0.40.50.00.00.10.0
            Tax rate  0.2%     
Net income  -196.3-236.0-63.1-58.8-31.8-23.1
            Net margin  -88.8%-95.3%-34.0%-51.4%-43.4%-63.3%
   
Basic EPS   [+]($2.95)($6.67)($3.68)($4.35)($3.13)($2.88)
Diluted EPS   [+]($2.95)($6.67)($3.68)($4.35)($3.13)($2.88)
   
Shares outstanding (basic)   [+]66.535.417.213.510.28.0
Shares outstanding (diluted)   [+]66.535.417.213.510.28.0
   
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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