Ibotta Inc
For the period ended Mar 31, 2024. Filed May 31, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 31, 2024
IBTA$58.11+0.4%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Statements of Operations
(In thousands, except share and per share amounts)
| Three months ended March 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Revenue | $82,327 | $57,691 |
| Cost of revenue | 10,515 | 11,250 |
| Gross profit | 71,812 | 46,441 |
| Operating expenses: | ||
| Sales and marketing | 28,129 | 21,602 |
| Research and development | 13,641 | 11,695 |
| General and administrative | 13,154 | 13,334 |
| Depreciation and amortization | 983 | 752 |
| Total operating expenses | 55,907 | 47,383 |
| Income (loss) from operations | 15,905 | (942) |
| Interest expense, net | (1,805) | (1,672) |
| Other expense, net | (1,702) | (1,503) |
| Income (loss) before provision for income taxes | 12,398 | (4,117) |
| Provision for income taxes | (3,101) | (166) |
| Net income (loss) | $9,297 | $(4,283) |
| Net income (loss) per share: | ||
| Basic | $1.00 | $(0.49) |
| Diluted | $0.33 | $(0.49) |
| Weighted average common shares outstanding: | ||
| Basic | 9,310,928 | 8,819,693 |
| Diluted | 28,356,797 | 8,819,693 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.