Contextlogic Inc
NASDAQ:LOGC
Income Statement
Earnings Waterfall
Contextlogic Inc
Income Statement
Contextlogic Inc
| Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||
| Revenue |
2 172
N/A
|
2 828
+30%
|
2 590
-8%
|
2 085
-19%
|
1 502
-28%
|
980
-35%
|
737
-25%
|
571
-23%
|
478
-16%
|
422
-12%
|
357
-15%
|
287
-20%
|
227
-21%
|
156
-31%
|
96
-38%
|
43
-55%
|
7
-84%
|
|
| Gross Profit | ||||||||||||||||||
| Cost of Revenue |
(918)
|
(1 190)
|
(1 150)
|
(977)
|
(767)
|
(587)
|
(477)
|
(405)
|
(356)
|
(326)
|
(281)
|
(228)
|
(182)
|
(126)
|
(80)
|
(36)
|
(6)
|
|
| Gross Profit |
1 254
N/A
|
1 638
+31%
|
1 440
-12%
|
1 108
-23%
|
735
-34%
|
393
-47%
|
260
-34%
|
166
-36%
|
122
-27%
|
96
-21%
|
76
-21%
|
59
-22%
|
45
-24%
|
30
-33%
|
16
-47%
|
7
-56%
|
1
-86%
|
|
| Operating Income | ||||||||||||||||||
| Operating Expenses |
(1 969)
|
(2 461)
|
(2 248)
|
(1 469)
|
(1 028)
|
(667)
|
(594)
|
(558)
|
(545)
|
(512)
|
(444)
|
(376)
|
(333)
|
(254)
|
(163)
|
(86)
|
(33)
|
|
| Selling, General & Administrative |
(1 744)
|
(2 184)
|
(1 941)
|
(1 261)
|
(805)
|
(450)
|
(389)
|
(364)
|
(366)
|
(341)
|
(277)
|
(224)
|
(204)
|
(160)
|
(112)
|
(60)
|
(29)
|
|
| Research & Development |
(225)
|
(277)
|
(307)
|
(208)
|
(223)
|
(217)
|
(205)
|
(194)
|
(179)
|
(171)
|
(167)
|
(152)
|
(123)
|
(89)
|
(51)
|
(26)
|
(4)
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(6)
|
(5)
|
0
|
0
|
0
|
|
| Operating Income |
(715)
N/A
|
(823)
-15%
|
(808)
+2%
|
(361)
+55%
|
(293)
+19%
|
(274)
+6%
|
(334)
-22%
|
(392)
-17%
|
(423)
-8%
|
(416)
+2%
|
(368)
+12%
|
(317)
+14%
|
(288)
+9%
|
(224)
+22%
|
(147)
+34%
|
(79)
+46%
|
(32)
+59%
|
|
| Pre-Tax Income | ||||||||||||||||||
| Interest Income Expense |
(10)
|
(2)
|
9
|
16
|
18
|
12
|
15
|
15
|
17
|
21
|
18
|
16
|
12
|
8
|
7
|
6
|
8
|
|
| Non-Reccuring Items |
0
|
(6)
|
(6)
|
(6)
|
(10)
|
(6)
|
(11)
|
(6)
|
(6)
|
(5)
|
(5)
|
(11)
|
0
|
0
|
0
|
0
|
0
|
|
| Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
4
|
4
|
4
|
0
|
|
| Total Other Income |
(67)
|
(67)
|
(55)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
4
|
|
| Pre-Tax Income |
(792)
N/A
|
(898)
-13%
|
(860)
+4%
|
(351)
+59%
|
(285)
+19%
|
(268)
+6%
|
(330)
-23%
|
(383)
-16%
|
(412)
-8%
|
(400)
+3%
|
(355)
+11%
|
(312)
+12%
|
(276)
+12%
|
(212)
+23%
|
(136)
+36%
|
(69)
+49%
|
(20)
+71%
|
|
| Net Income | ||||||||||||||||||
| Tax Provision |
(4)
|
(9)
|
(12)
|
(10)
|
(8)
|
(4)
|
(2)
|
(1)
|
(1)
|
(3)
|
(4)
|
(5)
|
(11)
|
(8)
|
(5)
|
(6)
|
0
|
|
| Income from Continuing Operations |
(796)
|
(907)
|
(872)
|
(361)
|
(293)
|
(272)
|
(332)
|
(384)
|
(413)
|
(403)
|
(359)
|
(317)
|
(287)
|
(220)
|
(141)
|
(75)
|
(20)
|
|
| Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
|
| Net Income (Common) |
(796)
N/A
|
(907)
-14%
|
(872)
+4%
|
(361)
+59%
|
(293)
+19%
|
(272)
+7%
|
(332)
-22%
|
(384)
-16%
|
(413)
-8%
|
(403)
+2%
|
(359)
+11%
|
(317)
+12%
|
(287)
+9%
|
(220)
+23%
|
(141)
+36%
|
(75)
+47%
|
(23)
+69%
|
|
| EPS (Diluted) |
-38.64
N/A
|
-43.6
-13%
|
-41.72
+4%
|
-17.19
+59%
|
-13.31
+23%
|
-12.25
+8%
|
-14.82
-21%
|
-17.14
-16%
|
-17.8
-4%
|
-17
+4%
|
-15.02
+12%
|
-13.36
+11%
|
-11.8
+12%
|
-8.5
+28%
|
-5.36
+37%
|
-2.92
+46%
|
-0.88
+70%
|
|