23andMe Holding Co.
NASDAQ:ME
Income Statement
Earnings Waterfall
23andMe Holding Co.
Revenue
|
248m
USD
|
Cost of Revenue
|
-135.7m
USD
|
Gross Profit
|
112.3m
USD
|
Operating Expenses
|
-444m
USD
|
Operating Income
|
-331.7m
USD
|
Other Expenses
|
-190.3m
USD
|
Net Income
|
-522m
USD
|
Income Statement
23andMe Holding Co.
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 |
244
N/A
|
255
+5%
|
259
+1%
|
260
+1%
|
272
+5%
|
277
+2%
|
298
+7%
|
308
+3%
|
300
-3%
|
296
-1%
|
270
-9%
|
248
-8%
|
|
Gross Profit | |||||||||||||
Cost of Revenue |
(127)
|
(130)
|
(130)
|
(130)
|
(139)
|
(149)
|
(160)
|
(166)
|
(165)
|
(156)
|
(147)
|
(136)
|
|
Gross Profit |
117
N/A
|
125
+7%
|
129
+3%
|
130
+1%
|
133
+2%
|
128
-4%
|
138
+8%
|
142
+3%
|
135
-5%
|
140
+4%
|
123
-12%
|
112
-9%
|
|
Operating Income | |||||||||||||
Operating Expenses |
(302)
|
(315)
|
(329)
|
(382)
|
(387)
|
(430)
|
(462)
|
(466)
|
(459)
|
(479)
|
(471)
|
(444)
|
|
Selling, General & Administrative |
(142)
|
(145)
|
(153)
|
(198)
|
(198)
|
(233)
|
(257)
|
(254)
|
(236)
|
(246)
|
(236)
|
(225)
|
|
Research & Development |
(160)
|
(170)
|
(176)
|
(185)
|
(189)
|
(197)
|
(205)
|
(212)
|
(223)
|
(233)
|
(235)
|
(219)
|
|
Operating Income |
(185)
N/A
|
(190)
-3%
|
(200)
-5%
|
(252)
-26%
|
(254)
-1%
|
(302)
-19%
|
(324)
-7%
|
(324)
0%
|
(324)
+0%
|
(340)
-5%
|
(348)
-2%
|
(332)
+5%
|
|
Pre-Tax Income | |||||||||||||
Interest Income Expense |
2
|
2
|
2
|
2
|
0
|
1
|
2
|
5
|
10
|
14
|
16
|
16
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(4)
|
(7)
|
(207)
|
|
Total Other Income |
0
|
(1)
|
28
|
32
|
33
|
33
|
3
|
(0)
|
(0)
|
1
|
2
|
1
|
|
Pre-Tax Income |
(184)
N/A
|
(190)
-3%
|
(170)
+10%
|
(218)
-28%
|
(221)
-1%
|
(269)
-22%
|
(320)
-19%
|
(319)
+0%
|
(314)
+2%
|
(329)
-5%
|
(337)
-2%
|
(522)
-55%
|
|
Net Income | |||||||||||||
Tax Provision |
0
|
0
|
0
|
4
|
4
|
4
|
5
|
2
|
3
|
0
|
1
|
1
|
|
Income from Continuing Operations |
(184)
|
(190)
|
(170)
|
(215)
|
(218)
|
(265)
|
(315)
|
(317)
|
(312)
|
(327)
|
(336)
|
(522)
|
|
Net Income (Common) |
(184)
N/A
|
(190)
-3%
|
(170)
+10%
|
(215)
-26%
|
(218)
-1%
|
(265)
-22%
|
(315)
-19%
|
(317)
-1%
|
(312)
+2%
|
(327)
-5%
|
(336)
-3%
|
(522)
-55%
|
|
EPS (Diluted) |
-4.23
N/A
|
-0.46
+89%
|
-0.41
+11%
|
-0.48
-17%
|
-0.6
-25%
|
-0.59
+2%
|
-0.69
-17%
|
-0.69
N/A
|
-0.69
N/A
|
-0.72
-4%
|
-0.7
+3%
|
-1.08
-54%
|