Financials in USD. Standardized financial statements.
A compact view of how Thinkific Labs Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue? | $74.47M | $66.94M | $59.05M | $51.48M | $38.12M | $21.07M | $9.80M | $6.00M |
| Revenue Growth? | +11.2% | +13.4% | +14.7% | +35.0% | +80.9% | +115.1% | +63.4% | 0.0% |
| Cost of Revenue? | $21.37M | $16.63M | $14.49M | $12.36M | $8.90M | $4.45M | $2.04M | $1.17M |
| Gross Profit? | $53.10M | $50.31M | $44.56M | $39.11M | $29.21M | $16.62M | $7.75M | $4.83M |
| Gross Margin? | +71.3% | +75.2% | +75.5% | +76.0% | +76.6% | +78.9% | +79.1% | +80.5% |
| Operating Expenses? | $54.45M | $52.76M | $58.10M | $70.06M | $53.52M | $18.09M | $7.45M | $4.50M |
| Operating Income? | -$1.35M | -$2.44M | -$13.54M | -$33.23M | -$24.31M | -$1.47M | $307,126 | $324,009 |
| EBITDA? | $14,245 | -$1.06M | -$9.26M | -$29.80M | -$23.63M | -$963,441 | $567,911 | $479,968 |
| Income Before Tax | $1.31M | -$237,000 | -$9.78M | -$36.42M | -$26.38M | -$1.29M | $290,552 | $236,300 |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income? | $1.31M | -$237,000 | -$9.78M | -$36.42M | -$26.38M | -$1.29M | $290,552 | $236,300 |
| EPS? | $0.02 | $-0.00 | $-0.12 | $-0.47 | $-0.41 | $-0.02 | $0.00 | $0.00 |
| Diluted EPS? | $0.02 | $-0.00 | $-0.12 | $-0.46 | $-0.41 | $-0.02 | $0.00 | $0.00 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality