Weave Communications
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. Weave Communications's past years’ income statements indicate that its last revenue has increased compared to the previous period by 20% to $170,468,000. The net income raised on -$31,031,000 and profit margin reached -18%. Total operating expenses were $150,457,000.

Profit Margin

Weave Communications, Inc. (NYSE:WEAV): Profit margin
2019 45.74M -33.54M -73.33%
2020 79.89M -41.76M -52.27%
2021 115.87M -51.69M -44.61%
2022 142.11M -49.73M -35%
2023 170.46M -31.03M -18.2%

WEAV Income Statement (2019 – 2023)

2023 2022 2021 2020 2019
Revenue
Revenue
170.46M142.11M115.87M79.89M45.74M
Cost of revenue
54.37M53.27M49.37M34.44M18.52M
Gross profit
116.09M88.84M66.49M45.44M27.22M
Operating exp.
Research and development
34.04M30.71M27.00M19.96M14.40M
Selling and marketing
70.76M65.37M58.24M39.25M31.72M
Total operating expenses
150.45M138.54M116.89M85.01M59.14M
Operating income
-34.36M-49.70M-50.39M-39.57M-31.92M
Other income (expenses), net
3.59M70K-1.23M-850K-137K
Income before tax
-30.77M-49.63M-51.63M-40.42M-32.06M
Income tax expense
260K104K60K1.34M1.48M
Net income
-31.03M-49.73M-51.69M-41.76M-33.54M
Earnings per share
Basic EPS
-0.46-0.76-0.8-0.65-0.52
Diluted EPS
-0.46-0.76-0.8-0.65-0.52
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