Shift Technologies
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. Shift Technologies's past years’ income statements indicate that its last revenue has increased compared to the previous period by 5% to $670,753,000. Profit margin reached -26%. Total operating expenses were $224,464,000.
Profit Margin
| 2019 | 166.23M | -84.26M | -50.69% |
|---|---|---|---|
| 2020 | 195.71M | -66.79M | -34.13% |
| 2021 | 636.86M | -166.26M | -26.11% |
| 2022 | 670.75M | -172.04M | -25.65% |
SFT Income Statement (2019 – 2022)
| 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|
Revenue | ||||
Revenue | 670.75M | 636.86M | 195.71M | 166.23M |
Cost of revenue | 645.42M | 588.08M | 183.53M | 167.99M |
Gross profit | 25.33M | 48.78M | 12.18M | -1.76M |
Operating exp. | ||||
Research and development | 0 | 0 | 0 | 0 |
Selling and marketing | 32.54M | 49.80M | 23.27M | 6.95M |
Total operating expenses | 224.46M | 225.64M | 88.43M | 75.08M |
Operating income | -199.13M | -176.85M | -76.25M | -76.84M |
Other income (expenses), net | 27.41M | 10.81M | 17.10M | -3.64M |
Income before tax | -171.71M | -166.04M | -59.14M | -80.48M |
Income tax expense | 326K | 226K | 7.64M | 3.78M |
Net income | -172.04M | -166.26M | -66.79M | -84.26M |
Earnings per share | ||||
Basic EPS | -19.91 | -21.29 | -35.28 | -10.26 |
Diluted EPS | -19.91 | -21.29 | -35.28 | -10.26 |
| Data source | Data source | Data source | Data source |