See more : Surgical Innovations Group plc (SUN.L) Income Statement Analysis – Financial Results
Complete financial analysis of ContextLogic Inc. (WISH) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of ContextLogic Inc., a leading company in the Specialty Retail industry within the Consumer Cyclical sector.
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ContextLogic Inc. (WISH)
About ContextLogic Inc.
ContextLogic Inc. operates as a mobile ecommerce company in Europe, North America, South America, and internationally. The company operates Wish, an ecommerce platform that connects users to merchants. It also provides marketplace and logistics services to merchants. The company was incorporated in 2010 and is headquartered in San Francisco, California.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|
| Revenue | 287.00M | 571.00M | 2.09B | 2.54B | 1.90B | 1.73B | 1.10B |
| Cost of Revenue | 227.00M | 405.00M | 977.00M | 947.00M | 443.00M | 278.00M | 205.00M |
| Gross Profit | 60.00M | 166.00M | 1.11B | 1.59B | 1.46B | 1.45B | 896.00M |
| Gross Profit Ratio | 20.91% | 29.07% | 53.14% | 62.73% | 76.70% | 83.91% | 81.38% |
| Research & Development | 152.00M | 194.00M | 208.00M | 222.00M | 74.00M | 45.00M | 28.00M |
| General & Administrative | 92.00M | 116.00M | 165.00M | 295.00M | 65.00M | 52.00M | 26.00M |
| Selling & Marketing | 143.00M | 254.00M | 1.10B | 1.71B | 1.46B | 1.58B | 989.00M |
| SG&A | 235.00M | 370.00M | 1.27B | 2.00B | 1.53B | 1.63B | 1.02B |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 387.00M | 564.00M | 1.48B | 2.23B | 1.60B | 1.67B | 1.04B |
| Cost & Expenses | 615.00M | 969.00M | 2.45B | 3.17B | 2.05B | 1.95B | 1.25B |
| Interest Income | 16.00M | 12.00M | 29.00M | 25.00M | 28.00M | 0.00 | 0.00 |
| Interest Expense | 0.00 | 15.00M | 16.00M | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 4.00M | 6.00M | 9.00M | 122.00M | 13.00M | 8.00M | 4.00M |
| EBITDA | -304.00M | -351.00M | -358.00M | -631.00M | -131.00M | -215.00M | -143.00M |
| EBITDA Ratio | -105.92% | -68.65% | -17.17% | -20.03% | -6.89% | -11.57% | -18.44% |
| Operating Income | -314.00M | -398.00M | -367.00M | -631.00M | -144.00M | -223.00M | -147.00M |
| Operating Income Ratio | -109.41% | -69.70% | -17.60% | -24.83% | -7.57% | -12.91% | -13.35% |
| Total Other Income/Expenses | 2.00M | 15.00M | 16.00M | -112.00M | 16.00M | 15.00M | -60.00M |
| Income Before Tax | -312.00M | -383.00M | -351.00M | -743.00M | -128.00M | -208.00M | -207.00M |
| Income Before Tax Ratio | -108.71% | -67.08% | -16.83% | -29.24% | -6.73% | -12.04% | -18.80% |
| Income Tax Expense | 5.00M | 1.00M | 10.00M | 2.00M | 1.00M | 15.00M | -60.00M |
| Net Income | -317.00M | -384.00M | -361.00M | -745.00M | -129.00M | -208.00M | -207.00M |
| Net Income Ratio | -110.45% | -67.25% | -17.31% | -29.32% | -6.79% | -12.04% | -18.80% |
| EPS | -13.36 | -17.14 | -17.22 | -38.07 | -6.59 | -10.99 | -11.17 |
| EPS Diluted | -13.36 | -17.14 | -17.22 | -38.07 | -6.59 | -10.99 | -11.17 |
| Weighted Avg Shares Out | 23.73M | 22.40M | 20.97M | 19.57M | 19.57M | 18.92M | 18.54M |
| Weighted Avg Shares Out (Dil) | 23.73M | 22.40M | 20.97M | 19.57M | 19.57M | 18.92M | 18.54M |
ContextLogic ($WISH) narrows loss to 68 million in Q4
ContextLogic Inc is trading down in extended hours on Monday after reporting disappointing financial results for the fourth quarter. This is a developing story.
Wish Reports Fourth-Quarter and Fiscal Year 2023 Financial Results
SAN FRANCISCO, March 04, 2024 (GLOBE NEWSWIRE) -- ContextLogic Inc. (d/b/a Wish) (Nasdaq: WISH) (“ContextLogic,” the “Company,” “we” or “our”), one of the largest mobile ecommerce platforms, today reported its financial results for the quarter and fiscal year ended December...
Wish to Announce Fourth Quarter and Full Year 2023 Results on March 4, 2024
SAN FRANCISCO, Feb. 27, 2024 (GLOBE NEWSWIRE) -- ContextLogic Inc. (d/b/a Wish) (NASDAQ: WISH) (“ContextLogic” or the “Company”) today announced it will report its fourth quarter and full year 2023 financial results after the close of market on Monday, March...
Wish Launches Trade-In Program on Old Tech Through Partnership with Remarketed
SAN FRANCISCO, Feb. 26, 2024 (GLOBE NEWSWIRE) -- ContextLogic Inc. (d/b/a Wish ) (NASDAQ: WISH), one of the world's largest mobile ecommerce platforms, today announced the launch of a much-anticipated trade-in program for old tech. From next month, customers in...
Shareholder Alert: Ademi LLP investigates whether ContextLogic Inc. (Wish) has obtained a Fair Price in its transaction with Qoo10
MILWAUKEE , Feb. 13, 2024 /PRNewswire/ -- Ademi LLP is investigating ContextLogic (Wish) (NASDAQ: WISH) for possible breaches of fiduciary duty and other violations of law in its transaction with Qoo10. Click here to learn how to join the https://www.ademilaw.com/case/contextlogic-inc-wish...
PDD Holdings stock: will Temu be the next Wish (ContextLogic)?
PDD Holdings (NASDAQ: PDD) stock price has moved into a correction zone as concerns about Temu's growth rise. The shares have slipped by more than 14% from their highest point this year.
Wish's deep discount sale to Singapore's Qoo10 ramps up competition for Temu and Shein
Wish's new owner faces steep competition from Chinese discount retailers Temu and Shein, which have been on an ad-spending blitz to attract American shoppers.
WISH Stock Alert: ContextLogic Soars After Giving Up on Wish
ContextLogic (NASDAQ: WISH ) stock is jumping more than 40% after the company announced that it will sell its Wish e-commerce platform to Qoo10 for $173 million in cash. This deal is worth $6.50 per share, according to the company.
ContextLogic to Sell Wish eCommerce Platform to Qoo10
ContextLogic has announced an agreement to sell a significant portion of its operating assets and liabilities, including its eCommerce platform Wish, to Qoo10, an eCommerce platform operating in Asia. The transaction is valued at approximately $173 million in cash, ContextLogic...
WISH Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of ContextLogic Inc. Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of substantially all of ContextLogic Inc.'s (NASDAQ: WISH) operating assets and liabilities, principally comprising its Wish ecommerce platform, to Qoo10 for $6.50 per share is...
Source: https://incomestatements.info
Category: Stock Reports