Squarespace Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Revenue	1,012	866.97	784.04	621.15	484.75
Revenue Growth (YoY)	16.77%	10.58%	26.22%	28.14%	-
Cost of Revenue	207.52	152.66	126.63	98.34	81.91
Gross Profit	804.82	714.32	657.41	522.81	402.84
Selling, General & Admin	478.9	473.67	448.74	314.69	233.86
Research & Development	242.19	227.3	190.37	167.91	107.65
Operating Expenses	721.09	700.97	639.11	482.59	341.5
Operating Income	83.73	13.35	18.29	40.22	61.34
Interest Expense	-36.77	-18.21	-11.08	-10.04	-1.08
Interest & Investment Income	7.39	1.63	0.54	1.37	1.92
Currency Exchange Gain (Loss)	3.68	3.3	6.36	-8.83	1.24
Other Non Operating Income (Expenses)	-7.44	0.07	0.02	0.05	-0.34
EBT Excluding Unusual Items	50.6	0.14	14.12	22.78	63.08
Impairment of Goodwill	-	-225.16	-	-	-
Gain (Loss) on Sale of Investments	-0.27	0.03	-0.28	-0.28	1
Asset Writedown	-	-	-4.56	-	-
Other Unusual Items	-	-	-254.61	-	-
Pretax Income	50.32	-224.99	-245.32	22.5	64.08
Income Tax Expense	57.4	27.23	3.83	-8.09	5.92
Net Income	-7.08	-252.22	-249.15	30.59	58.15
Preferred Dividends & Other Adjustments	-	-	0.97	283.3	316.95
Net Income to Common	-7.08	-252.22	-250.12	-252.71	-258.8
Net Income Growth	-	-	-	-47.40%	-
Shares Outstanding (Basic)	136	138	96	18	17
Shares Outstanding (Diluted)	136	138	96	18	17
Shares Change (YoY)	-2.08%	43.83%	437.11%	3.24%	-
EPS (Basic)	-0.05	-1.82	-2.60	-14.10	-14.91
EPS (Diluted)	-0.05	-1.82	-2.60	-14.10	-14.91
Free Cash Flow	214.12	152.68	112.14	145.32	94.12
Free Cash Flow Per Share	1.58	1.10	1.17	8.11	5.42
Gross Margin	79.50%	82.39%	83.85%	84.17%	83.10%
Operating Margin	8.27%	1.54%	2.33%	6.48%	12.65%
Profit Margin	-0.70%	-29.09%	-31.90%	-40.68%	-53.39%
Free Cash Flow Margin	21.15%	17.61%	14.30%	23.40%	19.42%
EBITDA	123.82	41.2	43.1	59.17	78.15
EBITDA Margin	12.23%	4.75%	5.50%	9.53%	16.12%
D&A For EBITDA	40.09	27.85	24.81	18.95	16.81
EBIT	83.73	13.35	18.29	40.22	61.34
EBIT Margin	8.27%	1.54%	2.33%	6.48%	12.65%
Effective Tax Rate	114.07%	-	-	-	9.24%
Advertising Expenses	251.88	241.9	274.92	220.15	160.13

Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q