LAIX
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. LAIX's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 30% to $684,928,000. The net income raised on $59,907,000 and profit margin reached 9%. Total operating expenses were $500,021,000.
Profit Margin
| 2016 | 12.33M | -89.16M | -723.07% |
|---|---|---|---|
| 2017 | 165.56M | -242.75M | -146.63% |
| 2018 | 637.22M | -488.06M | -76.59% |
| 2019 | 1.02B | -574.78M | -56.17% |
| 2020 | 972.62M | -394.82M | -40.59% |
| 2021 | 684.92M | 59.90M | 8.75% |
LAIX Income Statement (2016 – 2021)
| 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|
Revenue | ||||||
Revenue | 684.92M | 972.62M | 1.02B | 637.22M | 165.56M | 12.33M |
Cost of revenue | 140.43M | 277.24M | 273.51M | 174.73M | 57.69M | 27.50M |
Gross profit | 544.48M | 695.38M | 749.69M | 462.49M | 107.87M | -15.17M |
Operating exp. | ||||||
Research and development | 105.06M | 190.71M | 213.86M | 155.15M | 53.16M | 30.01M |
Selling and marketing | 325.00M | 801.36M | 969.40M | 705.41M | 283.05M | 28.53M |
Total operating expenses | 500.02M | 1.10B | 1.33B | 925.99M | 356.02M | 67.30M |
Operating income | 57.82M | -407.64M | -584.68M | -463.49M | -248.15M | -82.47M |
Other income (expenses), net | 3.79M | 14.72M | 11.80M | -408K | 10.99M | -6.69M |
Income before tax | 61.61M | -392.92M | -572.88M | -463.90M | -237.15M | -89.16M |
Income tax expense | 1.70M | 1.90M | 1.9M | 24.16M | 5.60M | -6.69M |
Net income | 59.90M | -394.82M | -574.78M | -488.06M | -242.75M | -89.16M |
Earnings per share | ||||||
Basic EPS | 0.56 | -111.82 | -163.01 | -253.81 | -85.39 | -29.58 |
Diluted EPS | 0.56 | -111.82 | -163.01 | -253.81 | -85.39 | -29.58 |