Ironsource Ltd
NYSE:IS
Income Statement
Earnings Waterfall
Ironsource Ltd
Revenue
|
671.2m
USD
|
Cost of Revenue
|
-127m
USD
|
Gross Profit
|
544.2m
USD
|
Operating Expenses
|
-460.1m
USD
|
Operating Income
|
84.1m
USD
|
Other Expenses
|
-18m
USD
|
Net Income
|
66.1m
USD
|
Income Statement
Ironsource Ltd
Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | ||
---|---|---|---|---|---|---|---|---|
Revenue | ||||||||
Revenue |
332
N/A
|
390
+18%
|
451
+16%
|
504
+12%
|
553
+10%
|
623
+13%
|
671
+8%
|
|
Gross Profit | ||||||||
Cost of Revenue |
(58)
|
(66)
|
(76)
|
(82)
|
(89)
|
(109)
|
(127)
|
|
Gross Profit |
274
N/A
|
324
+18%
|
375
+16%
|
422
+12%
|
464
+10%
|
514
+11%
|
544
+6%
|
|
Operating Income | ||||||||
Operating Expenses |
(200)
|
(248)
|
(298)
|
(343)
|
(382)
|
(425)
|
(460)
|
|
Selling, General & Administrative |
(148)
|
(186)
|
(224)
|
(258)
|
(290)
|
(319)
|
(340)
|
|
Research & Development |
0
|
(45)
|
(56)
|
(68)
|
(90)
|
(104)
|
(116)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
(2)
|
(5)
|
|
Other Operating Expenses |
(52)
|
(17)
|
(17)
|
(17)
|
0
|
0
|
0
|
|
Operating Income |
74
N/A
|
75
+2%
|
78
+3%
|
78
+1%
|
82
+5%
|
89
+8%
|
84
-6%
|
|
Pre-Tax Income | ||||||||
Interest Income Expense |
(4)
|
(4)
|
(4)
|
(4)
|
(2)
|
(1)
|
1
|
|
Non-Reccuring Items |
0
|
0
|
0
|
(1)
|
0
|
(5)
|
(8)
|
|
Pre-Tax Income |
70
N/A
|
71
+2%
|
73
+4%
|
74
+0%
|
80
+9%
|
83
+3%
|
77
-8%
|
|
Net Income | ||||||||
Tax Provision |
(11)
|
(13)
|
(16)
|
(17)
|
(21)
|
(20)
|
(10)
|
|
Income from Continuing Operations |
59
|
58
|
57
|
56
|
60
|
63
|
66
|
|
Net Income (Common) |
95
N/A
|
82
-14%
|
69
-16%
|
61
-12%
|
60
-2%
|
63
+6%
|
66
+4%
|
|
EPS (Diluted) |
0.09
N/A
|
0.08
-11%
|
0.07
-13%
|
0.06
-14%
|
0.05
-17%
|
0.06
+20%
|
0.06
N/A
|