Thinkific Labs Inc
TSX:THNC
Income Statement
Earnings Waterfall
Thinkific Labs Inc
Revenue
|
59.1m
USD
|
Cost of Revenue
|
-14.5m
USD
|
Gross Profit
|
44.6m
USD
|
Operating Expenses
|
-55.2m
USD
|
Operating Income
|
-10.6m
USD
|
Other Expenses
|
821.4k
USD
|
Net Income
|
-9.8m
USD
|
Income Statement
Thinkific Labs 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 |
10
N/A
|
11
+13%
|
13
+20%
|
17
+26%
|
21
+25%
|
26
+24%
|
31
+18%
|
35
+13%
|
38
+10%
|
42
+9%
|
45
+8%
|
48
+7%
|
51
+6%
|
54
+4%
|
56
+3%
|
57
+3%
|
59
+3%
|
|
Gross Profit | ||||||||||||||||||
Cost of Revenue |
(2)
|
(2)
|
(3)
|
(4)
|
(4)
|
(5)
|
(7)
|
(8)
|
(9)
|
(10)
|
(11)
|
(12)
|
(12)
|
(13)
|
(13)
|
(14)
|
(14)
|
|
Gross Profit |
8
N/A
|
9
+13%
|
10
+20%
|
13
+26%
|
17
+26%
|
21
+24%
|
24
+17%
|
27
+12%
|
29
+9%
|
31
+7%
|
34
+8%
|
36
+7%
|
39
+8%
|
41
+5%
|
42
+3%
|
44
+3%
|
45
+2%
|
|
Operating Income | ||||||||||||||||||
Operating Expenses |
(7)
|
(9)
|
(11)
|
(15)
|
(18)
|
(23)
|
(31)
|
(41)
|
(54)
|
(65)
|
(71)
|
(72)
|
(70)
|
(66)
|
(63)
|
(58)
|
(55)
|
|
Selling, General & Administrative |
(5)
|
(6)
|
(7)
|
(9)
|
(11)
|
(15)
|
(20)
|
(26)
|
(33)
|
(40)
|
(42)
|
(43)
|
(41)
|
(40)
|
(39)
|
(37)
|
(34)
|
|
Research & Development |
(3)
|
(3)
|
(4)
|
(5)
|
(7)
|
(8)
|
(11)
|
(15)
|
(19)
|
(25)
|
(27)
|
(28)
|
(27)
|
(25)
|
(23)
|
(21)
|
(19)
|
|
Depreciation & Amortization |
(0)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
Other Operating Expenses |
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Operating Income |
0
N/A
|
(0)
N/A
|
(1)
-180%
|
(1)
-38%
|
(1)
-9%
|
(2)
-48%
|
(7)
-220%
|
(14)
-105%
|
(24)
-70%
|
(34)
-40%
|
(37)
-8%
|
(36)
+2%
|
(31)
+14%
|
(25)
+20%
|
(21)
+18%
|
(15)
+28%
|
(11)
+28%
|
|
Pre-Tax Income | ||||||||||||||||||
Interest Income Expense |
(0)
|
(0)
|
0
|
0
|
0
|
(0)
|
(0)
|
(3)
|
(2)
|
(1)
|
(3)
|
(4)
|
(3)
|
(3)
|
0
|
4
|
4
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
0
N/A
|
(0)
N/A
|
(1)
-100%
|
(1)
-14%
|
(1)
-15%
|
(2)
-44%
|
(7)
-265%
|
(17)
-156%
|
(26)
-52%
|
(37)
-42%
|
(42)
-13%
|
(42)
+0%
|
(36)
+14%
|
(31)
+14%
|
(23)
+25%
|
(14)
+41%
|
(10)
+29%
|
|
Net Income | ||||||||||||||||||
Income from Continuing Operations |
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(2)
|
(7)
|
(17)
|
(26)
|
(37)
|
(42)
|
(42)
|
(36)
|
(31)
|
(23)
|
(14)
|
(10)
|
|
Net Income (Common) |
0
N/A
|
(0)
N/A
|
(1)
-100%
|
(1)
-14%
|
(1)
-15%
|
(2)
-44%
|
(7)
-265%
|
(17)
-156%
|
(26)
-52%
|
(37)
-42%
|
(42)
-13%
|
(42)
+0%
|
(36)
+14%
|
(31)
+14%
|
(23)
+25%
|
(14)
+41%
|
(10)
+29%
|
|
EPS (Diluted) |
0
N/A
|
-0.01
N/A
|
-0.02
-100%
|
-0.02
N/A
|
-0.02
N/A
|
-0.03
-50%
|
-0.13
-333%
|
-0.22
-69%
|
-0.41
-86%
|
-0.48
-17%
|
-0.54
-13%
|
-0.54
N/A
|
-0.46
+15%
|
-0.4
+13%
|
-0.3
+25%
|
-0.17
+43%
|
-0.12
+29%
|