American Well Corp
NYSE:AMWL
Income Statement
Earnings Waterfall
American Well Corp
Revenue
|
254.6m
USD
|
Cost of Revenue
|
-166.7m
USD
|
Gross Profit
|
87.9m
USD
|
Operating Expenses
|
-351.6m
USD
|
Operating Income
|
-263.7m
USD
|
Other Expenses
|
-85.9m
USD
|
Net Income
|
-349.6m
USD
|
Income Statement
American Well Corp
Dec-2019 | Mar-2020 | 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 | Sep-2023 | Dec-2023 | Mar-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||
Revenue |
149
N/A
|
169
+13%
|
202
+20%
|
230
+14%
|
245
+7%
|
249
+2%
|
241
-3%
|
240
0%
|
253
+5%
|
259
+3%
|
264
+2%
|
271
+3%
|
277
+2%
|
277
0%
|
275
-1%
|
268
-3%
|
259
-3%
|
255
-2%
|
|
Gross Profit | |||||||||||||||||||
Cost of Revenue |
(80)
|
(94)
|
(115)
|
(138)
|
(151)
|
(153)
|
(149)
|
(142)
|
(149)
|
(150)
|
(152)
|
(158)
|
(160)
|
(162)
|
(164)
|
(163)
|
(164)
|
(167)
|
|
Gross Profit |
69
N/A
|
75
+8%
|
87
+17%
|
92
+6%
|
95
+3%
|
96
+1%
|
92
-4%
|
98
+7%
|
104
+6%
|
110
+5%
|
112
+2%
|
112
+1%
|
117
+4%
|
115
-2%
|
111
-3%
|
105
-6%
|
95
-9%
|
88
-7%
|
|
Operating Income | |||||||||||||||||||
Operating Expenses |
(162)
|
(172)
|
(244)
|
(287)
|
(316)
|
(336)
|
(282)
|
(279)
|
(283)
|
(321)
|
(354)
|
(371)
|
(393)
|
(387)
|
(381)
|
(368)
|
(346)
|
(352)
|
|
Selling, General & Administrative |
(99)
|
(107)
|
(174)
|
(205)
|
(220)
|
(227)
|
(174)
|
(168)
|
(159)
|
(180)
|
(194)
|
(200)
|
(226)
|
(233)
|
(237)
|
(231)
|
(206)
|
(212)
|
|
Research & Development |
(54)
|
(56)
|
(61)
|
(73)
|
(84)
|
(93)
|
(97)
|
(99)
|
(107)
|
(121)
|
(136)
|
(145)
|
(139)
|
(127)
|
(116)
|
(107)
|
(106)
|
(107)
|
|
Depreciation & Amortization |
(8)
|
(8)
|
(9)
|
(9)
|
(10)
|
(10)
|
(10)
|
(12)
|
(16)
|
(20)
|
(24)
|
(26)
|
(26)
|
(27)
|
(28)
|
(30)
|
(31)
|
(32)
|
|
Other Operating Expenses |
(1)
|
0
|
0
|
0
|
(1)
|
(6)
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(3)
|
0
|
|
Operating Income |
(93)
N/A
|
(97)
-4%
|
(157)
-61%
|
(195)
-24%
|
(221)
-14%
|
(240)
-9%
|
(190)
+21%
|
(181)
+5%
|
(179)
+1%
|
(211)
-18%
|
(243)
-15%
|
(258)
-6%
|
(276)
-7%
|
(272)
+1%
|
(270)
+1%
|
(264)
+2%
|
(251)
+5%
|
(264)
-5%
|
|
Pre-Tax Income | |||||||||||||||||||
Interest Income Expense |
6
|
5
|
3
|
2
|
2
|
1
|
1
|
0
|
0
|
(0)
|
0
|
2
|
6
|
7
|
9
|
15
|
19
|
22
|
|
Non-Reccuring Items |
(2)
|
0
|
(7)
|
(7)
|
(6)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(330)
|
(358)
|
(436)
|
(441)
|
(106)
|
|
Pre-Tax Income |
(89)
N/A
|
(93)
-4%
|
(160)
-73%
|
(200)
-25%
|
(226)
-13%
|
(240)
-6%
|
(189)
+21%
|
(181)
+4%
|
(179)
+1%
|
(211)
-18%
|
(242)
-15%
|
(256)
-6%
|
(270)
-5%
|
(596)
-121%
|
(619)
-4%
|
(685)
-11%
|
(673)
+2%
|
(348)
+48%
|
|
Net Income | |||||||||||||||||||
Tax Provision |
1
|
1
|
1
|
0
|
(1)
|
(1)
|
(1)
|
5
|
5
|
6
|
6
|
0
|
(0)
|
(2)
|
(2)
|
(3)
|
(4)
|
(4)
|
|
Income from Continuing Operations |
(88)
|
(92)
|
(159)
|
(200)
|
(226)
|
(241)
|
(190)
|
(176)
|
(174)
|
(205)
|
(236)
|
(256)
|
(270)
|
(598)
|
(621)
|
(688)
|
(677)
|
(351)
|
|
Income to Minority Interest |
1
|
2
|
3
|
4
|
4
|
4
|
3
|
1
|
0
|
0
|
0
|
1
|
2
|
2
|
3
|
3
|
4
|
5
|
|
Equity Earnings Affiliates |
0
|
(0)
|
(1)
|
(1)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
|
Net Income (Common) |
(87)
N/A
|
(90)
-4%
|
(157)
-74%
|
(197)
-25%
|
(224)
-14%
|
(239)
-7%
|
(190)
+20%
|
(179)
+6%
|
(176)
+1%
|
(207)
-18%
|
(238)
-15%
|
(257)
-8%
|
(270)
-5%
|
(598)
-121%
|
(621)
-4%
|
(688)
-11%
|
(675)
+2%
|
(350)
+48%
|
|
EPS (Diluted) |
-0.4
N/A
|
-0.41
-2%
|
-0.71
-73%
|
-0.83
-17%
|
-0.95
-14%
|
-0.98
-3%
|
-0.76
+22%
|
-0.69
+9%
|
-0.69
N/A
|
-0.79
-14%
|
-0.89
-13%
|
-0.94
-6%
|
-0.99
-5%
|
-2.15
-117%
|
-2.19
-2%
|
-2.4
-10%
|
-2.38
+1%
|
-1.19
+50%
|