ARRW
Income statement / Annual
Last year (2023), Arrowroot Acquisition Corp.'s total revenue was $420.58 M,
an increase of 36.04% from the previous year.
In 2023, Arrowroot Acquisition Corp.'s net income was -$4.41 M.
See Arrowroot Acquisition Corp.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
| Operating Revenue |
$420.58 M
|
$309.17 M
|
$217.87 M
|
$141.75 M
|
| Cost of Revenue |
$132.15 M |
$93.89 M |
$64.83 M |
$41.67 M |
| Gross Profit |
$288.43 M |
$215.28 M |
$153.03 M |
$100.09 M |
| Gross Profit Ratio |
0.69 |
0.7 |
0.7 |
0.71 |
| Research and Development
Expenses |
$128.54 M
|
$97.44 M
|
$70.91 M
|
$50.89 M
|
| General & Administrative
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling & Marketing
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General &
Administrative Expenses |
$140.90 M
|
$1.56 M
|
$3.86 M
|
$41.26 M
|
| Other Expenses |
$0.00 |
-$21,000.00 |
-$3,000.00 |
$0.00 |
| Operating Expenses |
$269.44 M |
$1.56 M |
$3.86 M |
$92.15 M |
| Cost And Expenses |
$401.60 M |
$1.56 M |
$3.86 M |
$133.81 M |
| Interest Income |
$3.49 M |
$0.00 |
$0.00 |
$0.00 |
| Interest Expense |
$89,408.00 |
$6.61 M |
$5.05 M |
$1.08 M |
| Depreciation &
Amortization |
$128,000.00
|
$77,000.00
|
-$7.69 M
|
-$7.94 M
|
| EBITDA |
$19.12 M
|
$12.01 M
|
-$3.86 M
|
$0.00
|
| EBITDA Ratio |
0.05 |
-0.01 |
-0.02 |
0.06 |
| Operating Income Ratio
|
0.05
|
-0.01
|
-0.02
|
0.06
|
| Total Other
Income/Expenses Net |
-$21.24 M
|
$2.39 M
|
-$2.84 M
|
-$1.08 M
|
| Income Before Tax |
-$2.25 M |
$14.27 M |
$4.84 M |
$6.86 M |
| Income Before Tax Ratio
|
-0.01
|
0.05
|
0.02
|
0.05
|
| Income Tax Expense |
$564,005.00 |
$750,410.00 |
$32,000.00 |
$7.94 M |
| Net Income |
-$4.41 M |
$11.47 M |
$4.84 M |
$6.86 M |
| Net Income Ratio |
-0.01 |
0.04 |
0.02 |
0.05 |
| EPS |
-0.05 |
0.38 |
0.13 |
0.073 |
| EPS Diluted |
-0.046 |
0.38 |
0.13 |
0.07 |
| Weighted Average Shares
Out |
$88.14 M
|
$35.94 M
|
$35.94 M
|
$98.02 M
|
| Weighted Average Shares
Out Diluted |
$95.78 M
|
$35.94 M
|
$35.94 M
|
$98.83 M
|
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