Olo
Income Statement

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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. Olo's past years’ income statements indicate that its last revenue has increased compared to the previous period by 23% to $228,289,000. Profit margin reached -26%. Total operating expenses were $214,050,000.

Profit Margin

Olo Inc. (NYSE:OLO): Profit margin
2018 31.79M -11.55M -36.33%
2019 50.69M -8.25M -16.29%
2020 98.42M 3.06M 3.11%
2021 149.36M -42.27M -28.3%
2022 185.40M -45.96M -24.79%
2023 228.28M -58.28M -25.53%

OLO Income Statement (2018 – 2023)

2023 2022 2021 2020 2019 2018
Revenue
Revenue
228.28M185.40M149.36M98.42M50.69M31.79M
Cost of revenue
89.32M57.51M30.83M18.66M15.58M10.81M
Gross profit
138.96M127.89M118.53M79.75M35.10M20.98M
Operating exp.
Research and development
73.91M72.92M58.91M32.90M21.68M17.12M
Selling and marketing
48.19M33.59M17.97M8.54M6.35M4.29M
Total operating expenses
214.05M179.55M146.51M63.66M40.19M29.76M
Operating income
-75.08M-51.66M-27.97M16.09M-5.09M-8.78M
Other income (expenses), net
17.02M4.41M-18.85M-12.84M-3.14M-2.58M
Income before tax
-58.05M-47.25M-46.82M3.25M-8.23M-11.53M
Income tax expense
229K-1.28M-4.55M189K26K17K
Net income
-58.28M-45.96M-42.27M3.06M-8.25M-11.55M
Earnings per share
Basic EPS
-0.36-0.28-0.340.02-0.05-0.08
Diluted EPS
-0.36-0.28-0.340.02-0.05-0.08
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