Tuya
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. Tuya's past years’ income statements indicate that its last revenue has increased compared to the previous period by 10% to $229,990,000. The net income raised on -$60,315,000 and profit margin reached -26%. Total operating expenses were $212,479,000.

Profit Margin

Tuya Inc. (NYSE:TUYA): Profit margin
2019 105.78M -70.47M -66.62%
2020 179.87M -66.91M -37.2%
2021 302.07M -175.42M -58.07%
2022 208.17M -146.17M -70.22%
2023 229.99M -60.31M -26.23%

TUYA Income Statement (2019 – 2023)

2023 2022 2021 2020 2019
Revenue
Revenue
229.99M208.17M302.07M179.87M105.78M
Cost of revenue
123.33M118.74M174.20M117.93M78.00M
Gross profit
106.65M89.42M127.86M61.93M27.78M
Operating exp.
Research and development
102.27M144.94M174.28M77.43M52.00M
Selling and marketing
40.44M55.66M75.38M37.55M37.01M
Total operating expenses
212.47M257.60M311.42M131.78M101.22M
Operating income
-105.82M-168.18M-183.56M-69.84M-73.44M
Other income (expenses), net
48.75M23.89M8.62M3.14M3.08M
Income before tax
-57.06M-144.29M-174.93M-66.70M-70.35M
Income tax expense
3.24M1.88M490K206K124K
Net income
-60.31M-146.17M-175.42M-66.91M-70.47M
Earnings per share
Basic EPS
-0.11-0.26-0.36-0.12-0.13
Diluted EPS
-0.11-0.26-0.36-0.12-0.13
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