Aquabounty Technologies Inc income statement
In fiscal 2023, Aquabounty Technologies Inc reported revenue of $2.5m, down 21.2% on the year before, operating income of −$13.7m (a -552.9% margin) and net income of −$27.6m, or −$7.17 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | LTMSept 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 3 | 2 | 1 |
| Cost of revenue | — | 0 | 1 | 3 | 4 | — | — | — | — | — |
| Gross profit | — | 0 | −1 | −3 | −3 | — | — | — | — | — |
| Research and development | 3 | 3 | 3 | 3 | 2 | 2 | 2 | 1 | 1 | 0 |
| Selling and marketing | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 0 |
| General and administrative | 3 | 4 | 4 | 4 | 7 | 7 | 9 | 10 | 13 | 11 |
| Operating income | −7 | −8 | −9 | −10 | −13 | −16 | −22 | −22 | −14 | −28 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 |
| Income before tax | −7 | −8 | −9 | −10 | −13 | −16 | −22 | −22 | −14 | — |
| Income tax | 0 | 0 | 0 | 0 | 0 | — | 0 | 0 | 0 | 0 |
| Net income | −7 | −8 | −9 | −10 | −13 | −16 | −22 | −22 | −28 | −74 |
| Diluted EPS | −$14.00 | −$0.80 | −$0.53 | −$0.47 | −$0.33 | −$0.23 | −$0.32 | −$5.78 | −$7.17 | −$19.06 |
| Diluted shares (average) | — | — | — | 1m | 2m | 4m | 3m | 4m | 4m | 4m |
| EBITDA | −7 | −8 | −9 | −10 | −12 | −15 | −20 | −20 | −12 | −27 |
| Quarter | 2022 Q4Dec 2022 | 2023 Q1Mar 2023 | 2023 Q2Jun 2023 | 2023 Q3Sept 2023 | 2023 Q4Dec 2023 | 2024 Q1Mar 2024 | 2024 Q2Jun 2024 | 2024 Q3Sept 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 1 | 1 | 1 | 0 | 0 | 0 |
| Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| General and administrative | 2 | 3 | 3 | 2 | 4 | 2 | 3 | 2 |
| Operating income | −6 | −6 | −6 | −6 | 5 | −3 | −30 | −2 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | −6 | −6 | −7 | −6 | −8 | −11 | −51 | −3 |
| Diluted EPS | −$1.58 | −$1.69 | −$1.69 | −$1.60 | −$2.19 | −$2.90 | −$13.08 | −$0.88 |
| EBITDA | −6 | −6 | −6 | −6 | 6 | −2 | −29 | −1 |
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