American Well
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. American Well's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 7% to $259,047,000. Profit margin reached -261%. Total operating expenses were $786,903,000.
Profit Margin
| 2018 | 113.95M | -52.67M | -46.22% |
|---|---|---|---|
| 2019 | 148.85M | -88.36M | -59.36% |
| 2020 | 245.26M | -226.43M | -92.32% |
| 2021 | 252.78M | -173.65M | -68.69% |
| 2022 | 277.19M | -269.79M | -97.33% |
| 2023 | 259.04M | -675.16M | -260.63% |
AMWL Income Statement (2018 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|
Revenue | ||||||
Revenue | 259.04M | 277.19M | 252.78M | 245.26M | 148.85M | 113.95M |
Cost of revenue | 164.28M | 160.42M | 148.47M | 156.79M | 79.97M | 58.61M |
Gross profit | 94.76M | 116.76M | 104.31M | 88.47M | 68.88M | 55.34M |
Operating exp. | ||||||
Research and development | 105.82M | 138.48M | 106.59M | 84.41M | 53.94M | 36.27M |
Selling and marketing | 86.46M | 81.62M | 66.15M | 55.09M | 47.67M | 31.62M |
Total operating expenses | 786.90M | 392.62M | 283.46M | 315.90M | 163.58M | 110.44M |
Operating income | -692.14M | -275.85M | -179.14M | -227.43M | -94.70M | -55.10M |
Other income (expenses), net | 19.42M | 6.12M | 120K | 1.63M | 5.53M | 2.79M |
Income before tax | -672.72M | -269.73M | -179.02M | -225.79M | -89.16M | -52.31M |
Income tax expense | 3.86M | 64K | -5.37M | 639K | -803K | 2.79M |
Net income | -675.16M | -269.79M | -173.65M | -226.43M | -88.36M | -52.67M |
Earnings per share | ||||||
Basic EPS | -47.5 | -0.98 | -0.68 | -45.72 | -0.38 | -0.31 |
Diluted EPS | -47.5 | -0.98 | -0.68 | -45.72 | -0.38 | -0.31 |
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