Poshmark Inc
NASDAQ:POSH
Income Statement
Earnings Waterfall
Poshmark Inc
Revenue
|
352.1m
USD
|
Cost of Revenue
|
-121.4m
USD
|
Gross Profit
|
230.7m
USD
|
Operating Expenses
|
-305.9m
USD
|
Operating Income
|
-75.2m
USD
|
Other Expenses
|
1.2m
USD
|
Net Income
|
-74m
USD
|
Income Statement
Poshmark Inc
Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||
Revenue |
205
N/A
|
209
+2%
|
229
+9%
|
248
+8%
|
262
+6%
|
286
+9%
|
301
+5%
|
311
+4%
|
326
+5%
|
336
+3%
|
343
+2%
|
352
+3%
|
|
Gross Profit | |||||||||||||
Cost of Revenue |
(64)
|
(67)
|
(73)
|
(78)
|
(83)
|
(93)
|
(99)
|
(102)
|
(109)
|
(111)
|
(116)
|
(121)
|
|
Gross Profit |
141
N/A
|
142
+0%
|
156
+10%
|
169
+8%
|
179
+6%
|
193
+8%
|
202
+5%
|
209
+3%
|
217
+4%
|
225
+3%
|
227
+1%
|
231
+2%
|
|
Operating Income | |||||||||||||
Operating Expenses |
(191)
|
(194)
|
(174)
|
(163)
|
(155)
|
(179)
|
(212)
|
(237)
|
(261)
|
(262)
|
(285)
|
(306)
|
|
Selling, General & Administrative |
(164)
|
(166)
|
(145)
|
(131)
|
(122)
|
(135)
|
(162)
|
(183)
|
(199)
|
(202)
|
(219)
|
(234)
|
|
Research & Development |
(25)
|
(26)
|
(27)
|
(29)
|
(30)
|
(42)
|
(47)
|
(51)
|
(59)
|
(56)
|
(62)
|
(68)
|
|
Depreciation & Amortization |
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
|
Operating Income |
(50)
N/A
|
(52)
-5%
|
(18)
+66%
|
7
N/A
|
23
+246%
|
14
-41%
|
(10)
N/A
|
(28)
-187%
|
(44)
-53%
|
(37)
+14%
|
(58)
-55%
|
(75)
-30%
|
|
Pre-Tax Income | |||||||||||||
Interest Income Expense |
2
|
2
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
1
|
2
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
(2)
|
(2)
|
(2)
|
(2)
|
0
|
0
|
0
|
|
Total Other Income |
(0)
|
(0)
|
(0)
|
(1)
|
(6)
|
(59)
|
(59)
|
(58)
|
(53)
|
0
|
(0)
|
(1)
|
|
Pre-Tax Income |
(49)
N/A
|
(51)
-5%
|
(17)
+67%
|
6
N/A
|
18
+172%
|
(46)
N/A
|
(70)
-51%
|
(88)
-25%
|
(98)
-12%
|
(37)
+62%
|
(57)
-55%
|
(74)
-29%
|
|
Net Income | |||||||||||||
Tax Provision |
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
|
Income from Continuing Operations |
(49)
|
(51)
|
(17)
|
6
|
17
|
(47)
|
(70)
|
(88)
|
(98)
|
(37)
|
(57)
|
(74)
|
|
Net Income (Common) |
(49)
N/A
|
(51)
-5%
|
(17)
+67%
|
6
N/A
|
17
+174%
|
(47)
N/A
|
(70)
-51%
|
(88)
-25%
|
(98)
-11%
|
(37)
+62%
|
(57)
-55%
|
(74)
-29%
|
|
EPS (Diluted) |
-0.67
N/A
|
-0.7
-4%
|
-0.23
+67%
|
0.08
N/A
|
0.23
+188%
|
-0.62
N/A
|
-0.93
-50%
|
-1.15
-24%
|
-1.26
-10%
|
-0.48
+62%
|
-0.73
-52%
|
-0.94
-29%
|