UserTesting Inc
NYSE:USER
Income Statement
Earnings Waterfall
UserTesting Inc
Revenue
|
185.3m
USD
|
Cost of Revenue
|
-41.4m
USD
|
Gross Profit
|
143.9m
USD
|
Operating Expenses
|
-207.8m
USD
|
Operating Income
|
-63.9m
USD
|
Other Expenses
|
-2.2m
USD
|
Net Income
|
-66m
USD
|
Income Statement
UserTesting Inc
Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | ||
---|---|---|---|---|---|---|---|
Revenue | |||||||
Revenue |
122
N/A
|
134
+10%
|
147
+10%
|
162
+10%
|
175
+8%
|
185
+6%
|
|
Gross Profit | |||||||
Cost of Revenue |
(33)
|
(35)
|
(37)
|
(38)
|
(40)
|
(41)
|
|
Gross Profit |
89
N/A
|
99
+12%
|
110
+11%
|
124
+12%
|
135
+9%
|
144
+7%
|
|
Operating Income | |||||||
Operating Expenses |
(130)
|
(141)
|
(161)
|
(178)
|
(196)
|
(208)
|
|
Selling, General & Administrative |
(95)
|
(104)
|
(121)
|
(136)
|
(152)
|
(163)
|
|
Research & Development |
(27)
|
(29)
|
(40)
|
(41)
|
(43)
|
(44)
|
|
Depreciation & Amortization |
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
Other Operating Expenses |
(8)
|
(8)
|
0
|
0
|
0
|
0
|
|
Operating Income |
(41)
N/A
|
(42)
-3%
|
(51)
-21%
|
(54)
-6%
|
(61)
-13%
|
(64)
-4%
|
|
Pre-Tax Income | |||||||
Interest Income Expense |
0
|
0
|
0
|
0
|
0
|
0
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
(1)
|
|
Total Other Income |
0
|
1
|
1
|
1
|
1
|
(0)
|
|
Pre-Tax Income |
(40)
N/A
|
(41)
-1%
|
(50)
-23%
|
(53)
-6%
|
(60)
-13%
|
(66)
-9%
|
|
Net Income | |||||||
Tax Provision |
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
|
Income from Continuing Operations |
(41)
|
(42)
|
(51)
|
(53)
|
(60)
|
(66)
|
|
Net Income (Common) |
(41)
N/A
|
(42)
-2%
|
(51)
-22%
|
(53)
-5%
|
(60)
-13%
|
(66)
-9%
|
|
EPS (Diluted) |
-0.29
N/A
|
-0.3
-3%
|
-0.36
-20%
|
-0.38
-6%
|
-0.42
-11%
|
-0.46
-10%
|