See more : Orion Minerals Limited (ORN.AX) Income Statement Analysis – Financial Results
Complete financial analysis of Thinkific Labs Inc. (THNCF) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Thinkific Labs Inc., a leading company in the Software – Application industry within the Technology sector.
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Thinkific Labs Inc. (THNCF)
About Thinkific Labs Inc.
Thinkific Labs Inc. develops, markets, and supports cloud-based platform in Canada, the United States, and internationally. The company's platform enables entrepreneurs and established businesses to create, market, sell, and deliver online courses and other learning products. The company was incorporated in 2012 and is headquartered in Vancouver, Canada.
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| Revenue | 59.05M | 51.48M | 38.12M | 21.07M | 9.80M | 6.00M |
| Cost of Revenue | 14.49M | 12.36M | 8.90M | 4.45M | 2.04M | 1.17M |
| Gross Profit | 44.56M | 39.11M | 29.21M | 16.62M | 7.75M | 4.83M |
| Gross Profit Ratio | 75.46% | 75.98% | 76.64% | 78.87% | 79.15% | 80.52% |
| Research & Development | 19.47M | 27.45M | 19.45M | 6.34M | 2.62M | 1.79M |
| General & Administrative | 14.92M | 16.94M | 13.94M | 4.25M | 2.12M | 1.08M |
| Selling & Marketing | 20.77M | 25.67M | 20.13M | 7.50M | 2.71M | 1.64M |
| SG&A | 35.69M | 42.61M | 34.07M | 11.74M | 4.83M | 2.72M |
| Other Expenses | 2.94M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 58.10M | 70.06M | 53.52M | 18.09M | 7.45M | 4.50M |
| Cost & Expenses | 72.60M | 82.42M | 62.42M | 22.54M | 9.49M | 5.67M |
| Interest Income | 3.48M | 1.37M | 0.00 | 1.43K | 210.79 | 0.00 |
| Interest Expense | 0.00 | 0.00 | 0.00 | 28.51K | 9.28K | 0.00 |
| Depreciation & Amortization | 1.37M | 1.15M | 675.33K | 508.57K | 259.17K | 155.96K |
| EBITDA | -9.26M | -30.44M | -23.88M | -988.96K | 567.91K | 479.97K |
| EBITDA Ratio | -15.68% | -44.37% | -55.92% | -5.67% | 5.80% | 7.87% |
| Operating Income | -13.54M | -33.23M | -24.31M | -1.47M | 307.13K | 324.01K |
| Operating Income Ratio | -22.93% | -64.56% | -63.77% | -6.99% | 3.14% | 5.40% |
| Total Other Income/Expenses | 3.76M | -3.19M | -2.07M | 178.92K | -16.57K | -87.71K |
| Income Before Tax | -9.78M | -36.42M | -26.38M | -1.29M | 290.55K | 236.30K |
| Income Before Tax Ratio | -16.56% | -70.75% | -69.20% | -6.14% | 2.97% | 3.94% |
| Income Tax Expense | 0.00 | 5.48M | 2.07M | -178.92K | 16.57K | 87.71K |
| Net Income | -9.78M | -36.42M | -26.38M | -1.29M | 290.55K | 236.30K |
| Net Income Ratio | -16.56% | -70.75% | -69.20% | -6.14% | 2.97% | 3.94% |
| EPS | -0.12 | -0.47 | -0.41 | -0.02 | 0.00 | 0.00 |
| EPS Diluted | -0.12 | -0.46 | -0.41 | -0.02 | 0.00 | 0.00 |
| Weighted Avg Shares Out | 80.78M | 77.25M | 65.11M | 74.84M | 74.84M | 74.84M |
| Weighted Avg Shares Out (Dil) | 80.78M | 78.70M | 65.11M | 74.84M | 74.84M | 74.84M |
Thinkific Launches Gifting - Enabling Creators to Supercharge Sales for Cyber Week and Beyond
Early traction with Gifting sees average transaction sizes almost 35% higher than normal, with the largest gift purchased exceeding an impressive $4,000 VANCOUVER, BC , Nov. 28, 2023 /PRNewswire/ - Thinkific Labs Inc. ("Thinkific") (TSX: THNC), a leading platform for...
Thinkific Named One of Canada's Enterprise - Industry Leaders Winners in Deloitte's Technology Fast 50™ Program
VANCOUVER, BC , Nov. 8, 2023 /PRNewswire/ - Thinkific Labs Inc. ("Thinkific") (TSX: THNC), a leading platform for creating, marketing, and selling online learning products, has been recognized as an award winner in the Enterprise - Industry Leaders category of...
Thinkific's A.I-Powered Creator Monetization Platform The Leap, Surpasses 6,500 Users in First Month
The Leap by Thinkific launched the content monetization platform to an eager waitlist in early October Over 5,000 digital products created, with more being added every day VANCOUVER, BC , Nov. 6, 2023 /PRNewswire/ - Thinkific Labs Inc. ("Thinkific") (TSX: THNC),...
Thinkific Announces Think in Color Los Angeles -- a Live, In-Person Event Empowering and Connecting Women and BIPOC Entrepreneurs
Fifth annual Think in Color event brings together - in person for the first time - a diverse lineup of successful Creator Educators to discuss impactful strategies to start, launch, and scale digital knowledge businesses All speaker sessions to be...
Thinkific's Fast Growth Media Property 'The Leap' Debuts AI Tool Allowing Creators to Build and Sell Digital Products in Minutes
VANCOUVER, BC , Oct. 4, 2023 /PRNewswire/ - Thinkific Labs Inc. ("Thinkific") (TSX: THNC), a leading platform for creating, marketing, and selling online learning products, today announced the launch of 'The Leap by Thinkific' ("The Leap"), a powerful AI tool for...
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