JOANN
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. JOANN's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 8% to $2,216,900,000. Profit margin reached -9%. Total operating expenses were $1,153,900,000.
Profit Margin
| 2018 | 2.31B | 96.5M | 4.17% |
|---|---|---|---|
| 2019 | 2.32B | 35.3M | 1.52% |
| 2020 | 2.24B | -546.6M | -24.39% |
| 2021 | 2.76B | 212.3M | 7.69% |
| 2022 | 2.41B | 56.7M | 2.35% |
| 2023 | 2.21B | -198.4M | -8.95% |
JOAN Income Statement (2018 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|
Revenue | ||||||
Revenue | 2.21B | 2.41B | 2.76B | 2.24B | 2.32B | 2.31B |
Cost of revenue | 1.17B | 1.20B | 1.39B | 1.13B | 1.14B | 1.13B |
Gross profit | 1.04B | 1.21B | 1.36B | 1.10B | 1.17B | 1.18B |
Operating exp. | ||||||
Research and development | 16.1M | 15.5M | 13.1M | 13M | 0 | 0 |
Selling and marketing | 55.8M | 59.4M | 60.6M | 64.5M | 0 | 0 |
Total operating expenses | 1.15B | 1.11B | 1.21B | 1.05B | 1.02B | 1.02B |
Operating income | -113.6M | 99.7M | 154.2M | 50.4M | 149.1M | 161.8M |
Other income (expenses), net | -158M | -30M | 86.1M | -584.9M | -2.4M | -900K |
Income before tax | -271.6M | 69.7M | 240.3M | -534.5M | 45.6M | 65.5M |
Income tax expense | -73.2M | 13M | 28M | 12.1M | 10.3M | -31M |
Net income | -198.4M | 56.7M | 212.3M | -546.6M | 35.3M | 96.5M |
Earnings per share | ||||||
Basic EPS | -4.87 | 1.4 | 5.24 | -1.34K | 0.87 | 2.39 |
Diluted EPS | -4.87 | 1.4 | 5.24 | -1.34K | 0.87 | 2.39 |
| Data source | Data source | Data source |