Tuya Inc
NYSE:TUYA
Income Statement
Earnings Waterfall
Tuya Inc
Revenue
|
230m
USD
|
Cost of Revenue
|
-123.3m
USD
|
Gross Profit
|
106.7m
USD
|
Operating Expenses
|
-196.9m
USD
|
Operating Income
|
-90.3m
USD
|
Other Expenses
|
30m
USD
|
Net Income
|
-60.3m
USD
|
Income Statement
Tuya Inc
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||
Revenue |
106
N/A
|
108
+3%
|
125
+16%
|
151
+20%
|
180
+19%
|
218
+21%
|
264
+21%
|
290
+10%
|
302
+4%
|
301
-1%
|
278
-7%
|
238
-15%
|
208
-12%
|
200
-4%
|
195
-3%
|
211
+8%
|
230
+9%
|
|
Gross Profit | ||||||||||||||||||
Cost of Revenue |
(78)
|
(79)
|
(90)
|
(104)
|
(118)
|
(138)
|
(160)
|
(171)
|
(174)
|
(173)
|
(160)
|
(136)
|
(119)
|
(113)
|
(107)
|
(114)
|
(123)
|
|
Gross Profit |
28
N/A
|
30
+6%
|
36
+21%
|
47
+32%
|
62
+31%
|
80
+29%
|
104
+30%
|
120
+16%
|
128
+7%
|
127
0%
|
118
-7%
|
102
-14%
|
89
-12%
|
88
-2%
|
88
0%
|
96
+10%
|
107
+11%
|
|
Operating Income | ||||||||||||||||||
Operating Expenses |
(101)
|
(111)
|
(115)
|
(124)
|
(132)
|
(169)
|
(219)
|
(270)
|
(311)
|
(325)
|
(314)
|
(289)
|
(258)
|
(233)
|
(224)
|
(211)
|
(197)
|
|
Selling, General & Administrative |
(49)
|
(53)
|
(53)
|
(55)
|
(55)
|
(76)
|
(100)
|
(126)
|
(147)
|
(148)
|
(144)
|
(135)
|
(123)
|
(117)
|
(119)
|
(114)
|
(106)
|
|
Research & Development |
(52)
|
(58)
|
(63)
|
(69)
|
(77)
|
(96)
|
(123)
|
(154)
|
(174)
|
(187)
|
(182)
|
(163)
|
(145)
|
(125)
|
(115)
|
(107)
|
(102)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
1
|
3
|
4
|
9
|
10
|
10
|
12
|
10
|
11
|
10
|
9
|
10
|
11
|
|
Operating Income |
(73)
N/A
|
(81)
-10%
|
(80)
+2%
|
(76)
+4%
|
(70)
+9%
|
(89)
-28%
|
(115)
-29%
|
(151)
-31%
|
(184)
-22%
|
(198)
-8%
|
(196)
+1%
|
(187)
+4%
|
(168)
+10%
|
(145)
+14%
|
(137)
+6%
|
(115)
+16%
|
(90)
+22%
|
|
Pre-Tax Income | ||||||||||||||||||
Interest Income Expense |
3
|
4
|
4
|
4
|
3
|
3
|
5
|
5
|
7
|
6
|
6
|
13
|
21
|
32
|
38
|
43
|
46
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(16)
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
2
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
|
Pre-Tax Income |
(70)
N/A
|
(77)
-9%
|
(75)
+2%
|
(73)
+4%
|
(67)
+8%
|
(87)
-30%
|
(110)
-27%
|
(145)
-32%
|
(175)
-21%
|
(189)
-8%
|
(187)
+1%
|
(171)
+9%
|
(144)
+16%
|
(110)
+24%
|
(96)
+12%
|
(69)
+28%
|
(57)
+18%
|
|
Net Income | ||||||||||||||||||
Tax Provision |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(3)
|
(4)
|
(3)
|
(3)
|
|
Income from Continuing Operations |
(71)
|
(77)
|
(75)
|
(73)
|
(67)
|
(87)
|
(110)
|
(145)
|
(175)
|
(190)
|
(188)
|
(172)
|
(146)
|
(112)
|
(100)
|
(72)
|
(60)
|
|
Net Income (Common) |
(74)
N/A
|
(80)
-9%
|
(79)
+2%
|
(76)
+3%
|
(67)
+12%
|
(87)
-30%
|
(110)
-27%
|
(145)
-32%
|
(175)
-21%
|
(190)
-8%
|
(188)
+1%
|
(172)
+8%
|
(146)
+15%
|
(112)
+23%
|
(100)
+11%
|
(72)
+28%
|
(60)
+17%
|
|
EPS (Diluted) |
-0.13
N/A
|
-0.15
-15%
|
-0.15
N/A
|
-0.14
+7%
|
-0.12
+14%
|
-0.32
-167%
|
-0.19
+41%
|
-0.25
-32%
|
-0.36
-44%
|
-0.35
+3%
|
-0.35
N/A
|
-0.32
+9%
|
-0.26
+19%
|
-0.21
+19%
|
-0.18
+14%
|
-0.13
+28%
|
-0.11
+15%
|