BuzzFeed Inc
NASDAQ:BZFD
Income Statement
Earnings Waterfall
BuzzFeed Inc
Revenue
|
252.7m
USD
|
Cost of Revenue
|
-138.1m
USD
|
Gross Profit
|
114.6m
USD
|
Operating Expenses
|
-148.4m
USD
|
Operating Income
|
-33.8m
USD
|
Other Expenses
|
-54.8m
USD
|
Net Income
|
-88.6m
USD
|
Income Statement
BuzzFeed Inc
Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||
Revenue |
321
N/A
|
330
+3%
|
360
+9%
|
375
+4%
|
398
+6%
|
417
+5%
|
434
+4%
|
448
+3%
|
437
-2%
|
412
-6%
|
383
-7%
|
353
-8%
|
253
-28%
|
|
Gross Profit | ||||||||||||||
Cost of Revenue |
(140)
|
(150)
|
(167)
|
(182)
|
(207)
|
(225)
|
(238)
|
(250)
|
(254)
|
(250)
|
(242)
|
(221)
|
(138)
|
|
Gross Profit |
181
N/A
|
180
0%
|
193
+7%
|
192
0%
|
190
-1%
|
192
+1%
|
196
+2%
|
197
+1%
|
183
-7%
|
163
-11%
|
142
-13%
|
133
-6%
|
115
-14%
|
|
Operating Income | ||||||||||||||
Operating Expenses |
(169)
|
(171)
|
(178)
|
(176)
|
(215)
|
(234)
|
(259)
|
(276)
|
(248)
|
(341)
|
(316)
|
(192)
|
(148)
|
|
Selling, General & Administrative |
(134)
|
(132)
|
(136)
|
(133)
|
(168)
|
(182)
|
(200)
|
(213)
|
(185)
|
(172)
|
(157)
|
(142)
|
(115)
|
|
Research & Development |
(18)
|
(20)
|
(23)
|
(24)
|
(25)
|
(25)
|
(29)
|
(29)
|
(28)
|
(25)
|
(19)
|
(16)
|
(11)
|
|
Depreciation & Amortization |
(18)
|
(18)
|
(18)
|
(19)
|
(23)
|
(26)
|
(30)
|
(34)
|
(35)
|
(35)
|
(34)
|
(33)
|
(22)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(109)
|
(106)
|
0
|
0
|
|
Operating Income |
12
N/A
|
9
-26%
|
15
+69%
|
17
+11%
|
(25)
N/A
|
(42)
-67%
|
(63)
-50%
|
(78)
-24%
|
(65)
+17%
|
(179)
-176%
|
(174)
+3%
|
(59)
+66%
|
(34)
+43%
|
|
Pre-Tax Income | ||||||||||||||
Interest Income Expense |
0
|
0
|
0
|
0
|
24
|
18
|
14
|
6
|
(20)
|
(21)
|
(22)
|
(21)
|
(18)
|
|
Non-Reccuring Items |
(0)
|
0
|
0
|
(1)
|
(1)
|
(3)
|
(7)
|
(8)
|
(120)
|
0
|
0
|
(104)
|
(6)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
0
|
0
|
0
|
0
|
|
Total Other Income |
0
|
1
|
0
|
(2)
|
2
|
(1)
|
6
|
8
|
4
|
8
|
(2)
|
(2)
|
(1)
|
|
Pre-Tax Income |
12
N/A
|
10
-19%
|
15
+55%
|
13
-12%
|
(1)
N/A
|
(29)
-5 600%
|
(50)
-74%
|
(72)
-45%
|
(199)
-177%
|
(191)
+4%
|
(197)
-3%
|
(185)
+6%
|
(59)
+68%
|
|
Net Income | ||||||||||||||
Tax Provision |
(1)
|
3
|
3
|
3
|
26
|
21
|
20
|
18
|
(2)
|
(2)
|
0
|
1
|
(2)
|
|
Income from Continuing Operations |
11
|
13
|
18
|
17
|
26
|
(7)
|
(30)
|
(54)
|
(201)
|
(193)
|
(197)
|
(184)
|
(60)
|
|
Income to Minority Interest |
(1)
|
(1)
|
0
|
(0)
|
(1)
|
(1)
|
(2)
|
(2)
|
0
|
1
|
1
|
1
|
1
|
|
Net Income (Common) |
0
N/A
|
2
N/A
|
8
+250%
|
6
-21%
|
0
N/A
|
(34)
N/A
|
(57)
-69%
|
(80)
-41%
|
(201)
-152%
|
(192)
+4%
|
(196)
-2%
|
(183)
+7%
|
(89)
+52%
|
|
EPS (Diluted) |
0
N/A
|
0
N/A
|
0.05
N/A
|
0.04
-20%
|
0
N/A
|
-0.24
N/A
|
-0.41
-71%
|
-0.57
-39%
|
-1.45
-154%
|
-1.37
+6%
|
-1.4
-2%
|
-1.26
+10%
|
-0.61
+52%
|