Shift Technologies Inc
NASDAQ:SFT
Income Statement
Earnings Waterfall
Shift Technologies Inc
Revenue
|
328.9m
USD
|
Cost of Revenue
|
-319.9m
USD
|
Gross Profit
|
9m
USD
|
Operating Expenses
|
-169.8m
USD
|
Operating Income
|
-160.8m
USD
|
Other Expenses
|
24.1m
USD
|
Net Income
|
-136.7m
USD
|
Income Statement
Shift Technologies Inc
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||
Revenue |
136
N/A
|
150
+10%
|
196
+31%
|
272
+39%
|
394
+45%
|
514
+30%
|
637
+24%
|
751
+18%
|
819
+9%
|
801
-2%
|
671
-16%
|
505
-25%
|
329
-35%
|
|
Gross Profit | ||||||||||||||
Cost of Revenue |
(130)
|
(140)
|
(184)
|
(256)
|
(365)
|
(476)
|
(588)
|
(698)
|
(772)
|
(766)
|
(646)
|
(488)
|
(320)
|
|
Gross Profit |
5
N/A
|
10
+87%
|
12
+22%
|
16
+34%
|
29
+78%
|
38
+32%
|
49
+28%
|
52
+7%
|
48
-8%
|
35
-26%
|
25
-28%
|
18
-30%
|
9
-49%
|
|
Operating Income | ||||||||||||||
Operating Expenses |
(66)
|
(74)
|
(88)
|
(125)
|
(159)
|
(193)
|
(226)
|
(240)
|
(251)
|
(245)
|
(225)
|
(206)
|
(170)
|
|
Selling, General & Administrative |
(62)
|
(70)
|
(84)
|
(121)
|
(154)
|
(188)
|
(220)
|
(233)
|
(244)
|
(236)
|
(214)
|
(193)
|
(157)
|
|
Depreciation & Amortization |
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(7)
|
(9)
|
(11)
|
(13)
|
(13)
|
|
Operating Income |
(61)
N/A
|
(64)
-6%
|
(76)
-19%
|
(109)
-43%
|
(130)
-19%
|
(155)
-19%
|
(177)
-14%
|
(187)
-6%
|
(203)
-8%
|
(209)
-3%
|
(199)
+5%
|
(189)
+5%
|
(161)
+15%
|
|
Pre-Tax Income | ||||||||||||||
Interest Income Expense |
(3)
|
(5)
|
23
|
26
|
28
|
39
|
11
|
7
|
3
|
(9)
|
66
|
66
|
66
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(21)
|
(38)
|
(39)
|
(41)
|
|
Total Other Income |
(7)
|
(6)
|
(6)
|
(6)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
(71)
N/A
|
(75)
-6%
|
(59)
+21%
|
(90)
-52%
|
(102)
-14%
|
(116)
-14%
|
(166)
-43%
|
(180)
-9%
|
(201)
-11%
|
(239)
-19%
|
(172)
+28%
|
(162)
+6%
|
(136)
+16%
|
|
Net Income | ||||||||||||||
Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Income from Continuing Operations |
(71)
|
(75)
|
(59)
|
(90)
|
(102)
|
(116)
|
(166)
|
(181)
|
(201)
|
(240)
|
(172)
|
(163)
|
(136)
|
|
Net Income (Common) |
(71)
N/A
|
(75)
-6%
|
(59)
+21%
|
(90)
-52%
|
(102)
-14%
|
(116)
-14%
|
(166)
-43%
|
(181)
-9%
|
(201)
-11%
|
(240)
-19%
|
(172)
+28%
|
(163)
+5%
|
(137)
+16%
|
|
EPS (Diluted) |
-8.53
N/A
|
-9.15
-7%
|
-7.03
+23%
|
-11.48
-63%
|
-13.11
-14%
|
-14.92
-14%
|
-21.33
-43%
|
-22.02
-3%
|
-24.82
-13%
|
-29.2
-18%
|
-16.69
+43%
|
-9.65
+42%
|
-8.04
+17%
|