Arteris Inc
NASDAQ:AIP
Income Statement
Earnings Waterfall
Arteris Inc
Revenue
|
53.7m
USD
|
Cost of Revenue
|
-5.1m
USD
|
Gross Profit
|
48.6m
USD
|
Operating Expenses
|
-83.7m
USD
|
Operating Income
|
-35.1m
USD
|
Other Expenses
|
-1.7m
USD
|
Net Income
|
-36.9m
USD
|
Income Statement
Arteris Inc
Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue |
38
N/A
|
32
-15%
|
47
+46%
|
51
+8%
|
50
0%
|
52
+3%
|
52
0%
|
52
+1%
|
54
+3%
|
|
Gross Profit | ||||||||||
Cost of Revenue |
(4)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
|
Gross Profit |
34
N/A
|
29
-15%
|
43
+46%
|
46
+8%
|
46
0%
|
47
+3%
|
47
0%
|
48
+1%
|
49
+2%
|
|
Operating Income | ||||||||||
Operating Expenses |
(56)
|
(48)
|
(67)
|
(73)
|
(75)
|
(78)
|
(82)
|
(83)
|
(84)
|
|
Selling, General & Administrative |
(25)
|
(20)
|
(29)
|
(32)
|
(34)
|
(35)
|
(37)
|
(38)
|
(39)
|
|
Research & Development |
(31)
|
(27)
|
(38)
|
(41)
|
(41)
|
(43)
|
(45)
|
(45)
|
(45)
|
|
Operating Income |
(22)
N/A
|
(18)
+15%
|
(24)
-29%
|
(27)
-14%
|
(29)
-7%
|
(31)
-7%
|
(34)
-10%
|
(35)
-2%
|
(35)
-1%
|
|
Pre-Tax Income | ||||||||||
Interest Income Expense |
(1)
|
(0)
|
(0)
|
0
|
1
|
1
|
1
|
1
|
(0)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
(22)
N/A
|
(19)
+16%
|
(24)
-28%
|
(27)
-11%
|
(28)
-4%
|
(30)
-7%
|
(33)
-11%
|
(34)
-3%
|
(35)
-3%
|
|
Net Income | ||||||||||
Tax Provision |
(1)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
1
|
(2)
|
|
Income from Continuing Operations |
(23)
|
(20)
|
(25)
|
(28)
|
(27)
|
(30)
|
(33)
|
(34)
|
(37)
|
|
Net Income (Common) |
(23)
N/A
|
(20)
+16%
|
(25)
-29%
|
(28)
-11%
|
(27)
+2%
|
(30)
-8%
|
(33)
-12%
|
(34)
-1%
|
(37)
-10%
|
|
EPS (Diluted) |
-1.06
N/A
|
-0.61
+42%
|
-0.78
-28%
|
-0.85
-9%
|
-0.84
+1%
|
-0.85
-1%
|
-0.93
-9%
|
-0.93
N/A
|
-1.03
-11%
|