Rush Street Interactive Inc
NYSE:RSI
Income Statement
Earnings Waterfall
Rush Street Interactive Inc
Revenue
|
691.2m
USD
|
Cost of Revenue
|
-465m
USD
|
Gross Profit
|
226.1m
USD
|
Operating Expenses
|
-278.7m
USD
|
Operating Income
|
-52.5m
USD
|
Other Expenses
|
34.2m
USD
|
Net Income
|
-18.3m
USD
|
Income Statement
Rush Street Interactive Inc
Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||
Revenue |
335
N/A
|
458
+37%
|
488
+7%
|
511
+5%
|
532
+4%
|
557
+5%
|
592
+6%
|
620
+5%
|
641
+3%
|
663
+3%
|
691
+4%
|
|
Gross Profit | ||||||||||||
Cost of Revenue |
(237)
|
(318)
|
(332)
|
(352)
|
(373)
|
(395)
|
(415)
|
(422)
|
(427)
|
(440)
|
(465)
|
|
Gross Profit |
98
N/A
|
140
+43%
|
156
+12%
|
159
+2%
|
160
+1%
|
163
+2%
|
178
+9%
|
198
+11%
|
214
+8%
|
223
+4%
|
226
+1%
|
|
Operating Income | ||||||||||||
Operating Expenses |
(181)
|
(240)
|
(250)
|
(276)
|
(290)
|
(296)
|
(302)
|
(295)
|
(299)
|
(299)
|
(279)
|
|
Selling, General & Administrative |
(179)
|
(237)
|
(246)
|
(270)
|
(282)
|
(285)
|
(288)
|
(278)
|
(278)
|
(273)
|
(249)
|
|
Depreciation & Amortization |
(2)
|
(3)
|
(4)
|
(6)
|
(9)
|
(12)
|
(14)
|
(17)
|
(22)
|
(27)
|
(30)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
(83)
N/A
|
(101)
-21%
|
(94)
+6%
|
(117)
-24%
|
(131)
-12%
|
(134)
-2%
|
(125)
+7%
|
(97)
+22%
|
(85)
+12%
|
(77)
+10%
|
(53)
+31%
|
|
Pre-Tax Income | ||||||||||||
Interest Income Expense |
0
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
1
|
1
|
2
|
4
|
|
Total Other Income |
33
|
33
|
28
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
(50)
N/A
|
(68)
-35%
|
(66)
+2%
|
(117)
-77%
|
(131)
-12%
|
(134)
-2%
|
(125)
+7%
|
(97)
+23%
|
(85)
+12%
|
(75)
+12%
|
(49)
+35%
|
|
Net Income | ||||||||||||
Tax Provision |
(6)
|
(7)
|
(5)
|
(6)
|
(6)
|
(7)
|
(9)
|
(10)
|
(10)
|
(11)
|
(11)
|
|
Income from Continuing Operations |
(56)
|
(75)
|
(71)
|
(123)
|
(138)
|
(141)
|
(134)
|
(107)
|
(95)
|
(86)
|
(60)
|
|
Income to Minority Interest |
143
|
157
|
52
|
89
|
99
|
101
|
96
|
75
|
67
|
60
|
42
|
|
Net Income (Common) |
92
N/A
|
86
-6%
|
(20)
N/A
|
(34)
-75%
|
(39)
-13%
|
(40)
-3%
|
(39)
+4%
|
(31)
+19%
|
(28)
+10%
|
(26)
+9%
|
(18)
+28%
|
|
EPS (Diluted) |
1.54
N/A
|
1.45
-6%
|
-0.35
N/A
|
-0.56
-60%
|
-0.6
-7%
|
-0.64
-7%
|
-0.61
+5%
|
-0.48
+21%
|
-0.43
+10%
|
-0.36
+16%
|
-0.27
+25%
|