Thorne Healthtech Inc
NASDAQ:THRN
Income Statement
Earnings Waterfall
Thorne Healthtech Inc
Revenue
|
255.9m
USD
|
Cost of Revenue
|
-127.6m
USD
|
Gross Profit
|
128.4m
USD
|
Operating Expenses
|
-114.9m
USD
|
Operating Income
|
13.5m
USD
|
Other Expenses
|
6.9m
USD
|
Net Income
|
20.3m
USD
|
Income Statement
Thorne Healthtech Inc
Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||
Revenue |
213
N/A
|
226
+6%
|
274
+21%
|
184
-33%
|
194
+6%
|
208
+7%
|
218
+5%
|
229
+5%
|
239
+5%
|
256
+7%
|
|
Gross Profit | |||||||||||
Cost of Revenue |
(112)
|
(115)
|
(137)
|
(88)
|
(91)
|
(96)
|
(104)
|
(114)
|
(120)
|
(128)
|
|
Gross Profit |
101
N/A
|
111
+10%
|
136
+23%
|
96
-29%
|
103
+7%
|
112
+8%
|
114
+2%
|
115
+0%
|
119
+4%
|
128
+8%
|
|
Operating Income | |||||||||||
Operating Expenses |
(97)
|
(99)
|
(125)
|
(85)
|
(96)
|
(113)
|
(111)
|
(109)
|
(118)
|
(115)
|
|
Selling, General & Administrative |
(91)
|
(92)
|
(117)
|
(79)
|
(87)
|
(105)
|
(104)
|
(102)
|
(111)
|
(108)
|
|
Research & Development |
(2)
|
(2)
|
(4)
|
(6)
|
(7)
|
(8)
|
(7)
|
(7)
|
(7)
|
(7)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
|
Other Operating Expenses |
(4)
|
(4)
|
(4)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
4
N/A
|
12
+239%
|
11
-8%
|
11
0%
|
8
-34%
|
(1)
N/A
|
3
N/A
|
5
+74%
|
1
-88%
|
13
+1 866%
|
|
Pre-Tax Income | |||||||||||
Interest Income Expense |
(2)
|
(1)
|
(2)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
|
Non-Reccuring Items |
0
|
(2)
|
(2)
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
(4)
|
(4)
|
(2)
|
2
|
4
|
4
|
2
|
2
|
2
|
2
|
|
Pre-Tax Income |
(2)
N/A
|
5
N/A
|
6
+22%
|
11
+68%
|
11
-1%
|
2
-77%
|
5
+98%
|
8
+59%
|
3
-66%
|
15
+449%
|
|
Net Income | |||||||||||
Tax Provision |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
7
|
7
|
5
|
|
Income from Continuing Operations |
(3)
|
5
|
6
|
11
|
10
|
2
|
4
|
15
|
10
|
20
|
|
Income to Minority Interest |
1
|
1
|
1
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
|
Equity Earnings Affiliates |
(2)
|
(5)
|
(5)
|
(4)
|
(4)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Net Income (Common) |
(8)
N/A
|
(3)
+60%
|
(3)
+14%
|
4
N/A
|
9
+133%
|
3
-64%
|
6
+104%
|
16
+145%
|
10
-34%
|
20
+98%
|
|
EPS (Diluted) |
-81.22
N/A
|
-32.83
+60%
|
-0.05
+100%
|
0.07
N/A
|
0.17
+143%
|
0.06
-65%
|
0.12
+100%
|
0.3
+150%
|
0.19
-37%
|
0.38
+100%
|