Eargo Inc
NASDAQ:EAR
Income Statement
Earnings Waterfall
Eargo Inc
Revenue
|
41.1m
USD
|
Cost of Revenue
|
-23.9m
USD
|
Gross Profit
|
17.2m
USD
|
Operating Expenses
|
-106.8m
USD
|
Operating Income
|
-89.6m
USD
|
Other Expenses
|
-18.6m
USD
|
Net Income
|
-108.2m
USD
|
Income Statement
Eargo 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||
Revenue |
69
N/A
|
63
-9%
|
86
+37%
|
79
-8%
|
67
-16%
|
54
-19%
|
38
-29%
|
34
-10%
|
37
+8%
|
40
+7%
|
41
+2%
|
41
+1%
|
|
Gross Profit | |||||||||||||
Cost of Revenue |
(22)
|
(18)
|
(25)
|
(27)
|
(28)
|
(27)
|
(25)
|
(24)
|
(23)
|
(24)
|
(26)
|
(24)
|
|
Gross Profit |
47
N/A
|
44
-6%
|
61
+37%
|
52
-14%
|
39
-26%
|
27
-31%
|
13
-52%
|
11
-17%
|
14
+36%
|
16
+10%
|
15
-6%
|
17
+16%
|
|
Operating Income | |||||||||||||
Operating Expenses |
(82)
|
(77)
|
(112)
|
(139)
|
(161)
|
(200)
|
(164)
|
(144)
|
(126)
|
(121)
|
(113)
|
(107)
|
|
Selling, General & Administrative |
(70)
|
(63)
|
(94)
|
(118)
|
(136)
|
(140)
|
(139)
|
(121)
|
(107)
|
(102)
|
(94)
|
(88)
|
|
Research & Development |
(12)
|
(12)
|
(17)
|
(21)
|
(25)
|
(26)
|
(25)
|
(23)
|
(19)
|
(18)
|
(19)
|
(19)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
(34)
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
(35)
N/A
|
(33)
+7%
|
(52)
-59%
|
(87)
-69%
|
(122)
-41%
|
(174)
-42%
|
(152)
+13%
|
(133)
+12%
|
(112)
+16%
|
(105)
+6%
|
(99)
+6%
|
(90)
+9%
|
|
Pre-Tax Income | |||||||||||||
Interest Income Expense |
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(25)
|
(45)
|
(44)
|
(43)
|
(18)
|
|
Non-Reccuring Items |
(2)
|
0
|
0
|
(34)
|
(34)
|
0
|
(35)
|
(1)
|
(1)
|
0
|
0
|
(1)
|
|
Total Other Income |
(1)
|
(2)
|
(2)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
(40)
N/A
|
(35)
+12%
|
(54)
-55%
|
(124)
-128%
|
(158)
-27%
|
(175)
-11%
|
(188)
-8%
|
(159)
+15%
|
(157)
+1%
|
(149)
+6%
|
(141)
+5%
|
(108)
+24%
|
|
Net Income | |||||||||||||
Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Income from Continuing Operations |
(40)
|
(35)
|
(54)
|
(124)
|
(158)
|
(175)
|
(188)
|
(159)
|
(157)
|
(149)
|
(141)
|
(108)
|
|
Net Income (Common) |
(30)
N/A
|
(25)
+15%
|
(45)
-76%
|
(124)
-177%
|
(158)
-27%
|
(175)
-11%
|
(188)
-8%
|
(159)
+15%
|
(157)
+1%
|
(149)
+6%
|
(141)
+5%
|
(108)
+24%
|
|
EPS (Diluted) |
-15.7
N/A
|
-13.29
+15%
|
-23.06
-74%
|
-63.29
-174%
|
-81.31
-28%
|
-88.72
-9%
|
-95.38
-8%
|
-80.82
+15%
|
-39.68
+51%
|
-7.17
+82%
|
-6.81
+5%
|
-5.21
+23%
|