Inseego Corp
NASDAQ:INSG
Income Statement
Earnings Waterfall
Inseego Corp
Revenue
|
195.7m
USD
|
Cost of Revenue
|
-143.2m
USD
|
Gross Profit
|
52.5m
USD
|
Operating Expenses
|
-83.5m
USD
|
Operating Income
|
-31m
USD
|
Other Expenses
|
-18.1m
USD
|
Net Income
|
-49.2m
USD
|
Income Statement
Inseego Corp
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | 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 |
335
N/A
|
297
-11%
|
244
-18%
|
195
-20%
|
185
-5%
|
191
+3%
|
205
+8%
|
215
+5%
|
221
+3%
|
231
+5%
|
242
+5%
|
249
+3%
|
244
-2%
|
232
-5%
|
229
-1%
|
226
-1%
|
219
-3%
|
211
-4%
|
200
-5%
|
193
-3%
|
203
+5%
|
204
+1%
|
211
+3%
|
223
+6%
|
220
-2%
|
228
+4%
|
253
+11%
|
280
+11%
|
314
+12%
|
315
+0%
|
300
-5%
|
276
-8%
|
262
-5%
|
266
+1%
|
262
-1%
|
265
+1%
|
245
-8%
|
235
-4%
|
227
-4%
|
206
-9%
|
196
-5%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(267)
|
(236)
|
(197)
|
(159)
|
(148)
|
(151)
|
(154)
|
(160)
|
(162)
|
(164)
|
(167)
|
(165)
|
(167)
|
(161)
|
(162)
|
(165)
|
(152)
|
(144)
|
(134)
|
(126)
|
(132)
|
(135)
|
(143)
|
(155)
|
(156)
|
(161)
|
(180)
|
(201)
|
(223)
|
(223)
|
(209)
|
(191)
|
(187)
|
(193)
|
(192)
|
(196)
|
(178)
|
(165)
|
(156)
|
(151)
|
(143)
|
|
Gross Profit |
68
N/A
|
62
-10%
|
47
-24%
|
37
-21%
|
37
+1%
|
40
+7%
|
51
+29%
|
55
+8%
|
59
+7%
|
68
+14%
|
75
+12%
|
84
+11%
|
76
-9%
|
71
-7%
|
67
-6%
|
60
-10%
|
67
+11%
|
67
0%
|
66
-2%
|
67
+2%
|
71
+6%
|
70
-2%
|
68
-3%
|
69
+1%
|
64
-7%
|
66
+4%
|
73
+10%
|
79
+9%
|
91
+14%
|
92
+1%
|
90
-2%
|
84
-7%
|
76
-10%
|
73
-4%
|
70
-3%
|
69
-1%
|
67
-3%
|
70
+4%
|
71
+1%
|
55
-23%
|
52
-4%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(89)
|
(84)
|
(76)
|
(66)
|
(64)
|
(67)
|
(74)
|
(82)
|
(93)
|
(99)
|
(103)
|
(114)
|
(117)
|
(116)
|
(110)
|
(98)
|
(84)
|
(76)
|
(72)
|
(71)
|
(73)
|
(72)
|
(75)
|
(79)
|
(83)
|
(91)
|
(98)
|
(105)
|
(115)
|
(124)
|
(127)
|
(127)
|
(121)
|
(124)
|
(122)
|
(123)
|
(122)
|
(106)
|
(100)
|
(90)
|
(83)
|
|
Selling, General & Administrative |
(41)
|
(40)
|
(36)
|
(32)
|
(29)
|
(29)
|
(35)
|
(42)
|
(55)
|
(64)
|
(69)
|
(78)
|
(82)
|
(84)
|
(80)
|
(71)
|
(59)
|
(52)
|
(49)
|
(47)
|
(48)
|
(49)
|
(52)
|
(55)
|
(56)
|
(59)
|
(61)
|
(63)
|
(66)
|
(70)
|
(71)
|
(70)
|
(67)
|
(65)
|
(62)
|
(60)
|
(61)
|
(56)
|
(53)
|
(50)
|
(42)
|
|
Research & Development |
(48)
|
(43)
|
(39)
|
(33)
|
(34)
|
(37)
|
(38)
|
(38)
|
(35)
|
(33)
|
(31)
|
(32)
|
(31)
|
(29)
|
(26)
|
(23)
|
(21)
|
(20)
|
(20)
|
(20)
|
(21)
|
(19)
|
(19)
|
(21)
|
(24)
|
(29)
|
(34)
|
(38)
|
(45)
|
(51)
|
(53)
|
(55)
|
(53)
|
(57)
|
(59)
|
(61)
|
(59)
|
(49)
|
(45)
|
(39)
|
(22)
|
|
Depreciation & Amortization |
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(20)
|
|
Operating Income |
(21)
N/A
|
(22)
-4%
|
(29)
-34%
|
(30)
-1%
|
(27)
+9%
|
(27)
0%
|
(23)
+14%
|
(27)
-16%
|
(34)
-26%
|
(32)
+7%
|
(28)
+12%
|
(30)
-7%
|
(40)
-36%
|
(45)
-11%
|
(43)
+4%
|
(38)
+13%
|
(17)
+54%
|
(9)
+49%
|
(7)
+26%
|
(4)
+40%
|
(2)
+59%
|
(2)
-50%
|
(7)
-200%
|
(10)
-40%
|
(19)
-92%
|
(25)
-28%
|
(25)
-1%
|
(25)
-1%
|
(24)
+6%
|
(32)
-36%
|
(36)
-12%
|
(43)
-18%
|
(45)
-6%
|
(51)
-12%
|
(52)
-1%
|
(53)
-4%
|
(55)
-3%
|
(36)
+34%
|
(30)
+19%
|
(35)
-20%
|
(31)
+12%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(3)
|
(7)
|
(11)
|
(14)
|
(16)
|
(16)
|
(16)
|
(17)
|
(18)
|
(19)
|
(20)
|
(21)
|
(20)
|
(20)
|
(20)
|
(20)
|
(20)
|
(20)
|
(19)
|
(17)
|
(13)
|
(10)
|
(8)
|
(7)
|
(7)
|
(7)
|
(8)
|
(8)
|
(8)
|
(9)
|
(8)
|
(8)
|
(9)
|
(9)
|
|
Non-Reccuring Items |
(22)
|
(21)
|
(23)
|
(22)
|
(9)
|
(7)
|
(2)
|
(12)
|
(12)
|
(13)
|
(13)
|
(5)
|
(5)
|
(5)
|
(7)
|
(8)
|
(5)
|
(5)
|
(3)
|
18
|
16
|
17
|
17
|
0
|
(0)
|
0
|
(67)
|
(68)
|
(78)
|
(70)
|
(4)
|
(3)
|
(2)
|
(2)
|
(1)
|
(1)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
5
|
5
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
(0)
|
(0)
|
0
|
(5)
|
(3)
|
(3)
|
(3)
|
1
|
1
|
0
|
6
|
3
|
0
|
1
|
(6)
|
(4)
|
(4)
|
(3)
|
(3)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
0
|
(7)
|
(6)
|
(5)
|
1
|
2
|
0
|
(2)
|
1
|
4
|
4
|
(3)
|
(2)
|
(0)
|
1
|
3
|
0
|
|
Pre-Tax Income |
(43)
N/A
|
(43)
+0%
|
(53)
-22%
|
(57)
-8%
|
(39)
+31%
|
(38)
+3%
|
(30)
+22%
|
(42)
-40%
|
(52)
-25%
|
(56)
-7%
|
(50)
+11%
|
(48)
+3%
|
(60)
-25%
|
(65)
-7%
|
(73)
-14%
|
(67)
+8%
|
(46)
+32%
|
(38)
+18%
|
(32)
+14%
|
(8)
+76%
|
(7)
+5%
|
(7)
+5%
|
(11)
-58%
|
(31)
-183%
|
(40)
-29%
|
(51)
-28%
|
(115)
-128%
|
(112)
+3%
|
(110)
+1%
|
(109)
+1%
|
(47)
+57%
|
(49)
-4%
|
(48)
+2%
|
(57)
-18%
|
(56)
+0%
|
(65)
-15%
|
(68)
-5%
|
(48)
+30%
|
(40)
+17%
|
(46)
-15%
|
(45)
+1%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
0
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
1
|
(0)
|
(0)
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(0)
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
0
|
1
|
1
|
1
|
(0)
|
(1)
|
(1)
|
(1)
|
|
Income from Continuing Operations |
(43)
|
(43)
|
(53)
|
(57)
|
(39)
|
(38)
|
(30)
|
(42)
|
(52)
|
(56)
|
(50)
|
(48)
|
(61)
|
(65)
|
(74)
|
(69)
|
(47)
|
(39)
|
(34)
|
(9)
|
(8)
|
(8)
|
(12)
|
(31)
|
(40)
|
(51)
|
(115)
|
(112)
|
(111)
|
(110)
|
(48)
|
(50)
|
(48)
|
(56)
|
(56)
|
(64)
|
(68)
|
(48)
|
(40)
|
(46)
|
(46)
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
(43)
N/A
|
(43)
+0%
|
(53)
-22%
|
(57)
-7%
|
(40)
+30%
|
(38)
+3%
|
(30)
+21%
|
(42)
-40%
|
(52)
-24%
|
(56)
-8%
|
(50)
+12%
|
(48)
+4%
|
(61)
-27%
|
(65)
-7%
|
(74)
-14%
|
(69)
+6%
|
(46)
+34%
|
(38)
+18%
|
(32)
+14%
|
(8)
+76%
|
(8)
-4%
|
(8)
+6%
|
(12)
-54%
|
(31)
-168%
|
(41)
-29%
|
(52)
-27%
|
(117)
-126%
|
(114)
+2%
|
(114)
0%
|
(114)
+0%
|
(52)
+54%
|
(55)
-5%
|
(52)
+4%
|
(60)
-15%
|
(59)
+1%
|
(67)
-12%
|
(71)
-6%
|
(51)
+28%
|
(43)
+15%
|
(49)
-14%
|
(49)
+0%
|
|
EPS (Diluted) |
-1.28
N/A
|
-1.27
+1%
|
-1.55
-22%
|
-1.47
+5%
|
-1.05
+29%
|
-0.82
+22%
|
-0.56
+32%
|
-0.76
-36%
|
-0.99
-30%
|
-1.05
-6%
|
-0.91
+13%
|
-0.87
+4%
|
-1.12
-29%
|
-1.12
N/A
|
-1.27
-13%
|
-1.17
+8%
|
-0.77
+34%
|
-0.62
+19%
|
-0.52
+16%
|
-0.1
+81%
|
-0.12
-20%
|
-0.12
N/A
|
-0.15
-25%
|
-0.41
-173%
|
-0.52
-27%
|
-0.56
-8%
|
-1.2
-114%
|
-1.16
+3%
|
-1.19
-3%
|
-1.1
+8%
|
-0.52
+53%
|
-0.52
N/A
|
-0.51
+2%
|
-0.59
-16%
|
-0.57
+3%
|
-0.63
-11%
|
-0.66
-5%
|
-0.46
+30%
|
-0.39
+15%
|
-0.43
-10%
|
-4.32
-905%
|