ADEX
Income statement / Annual
Last year (2023), Adit EdTech Acquisition Corp.'s total revenue was $19.62 M,
a decrease of 12.22% from the previous year.
In 2023, Adit EdTech Acquisition Corp.'s net income was -$18.66 M.
See Adit EdTech Acquisition Corp.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
| Operating Revenue |
$19.62 M
|
$22.36 M
|
$30.83 M
|
$2.82 M
|
$379,000.00
|
| Cost of Revenue |
$21.02 M |
$22.81 M |
$8.93 M |
$2.69 M |
$919,000.00 |
| Gross Profit |
-$1.40 M |
-$453,000.00 |
$21.90 M |
$123,000.00 |
-$540,000.00 |
| Gross Profit Ratio |
-0.07 |
-0.02 |
0.71 |
0.04 |
-1.42 |
| Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$5.98 M
|
$10.03 M
|
$7.52 M
|
$1.08 M
|
$698,000.00
|
| Selling & Marketing
Expenses |
$0.00
|
$102,000.00
|
$34,000.00
|
$0.00
|
$0.00
|
| Selling, General &
Administrative Expenses |
$5.98 M
|
$10.03 M
|
$7.55 M
|
$1.08 M
|
$698,000.00
|
| Other Expenses |
$453,000.00 |
$200,000.00 |
$204,000.00 |
$0.00 |
$0.00 |
| Operating Expenses |
$11.52 M |
$17.15 M |
$10.89 M |
$12.56 M |
$821,000.00 |
| Cost And Expenses |
$32.53 M |
$39.96 M |
$19.82 M |
$15.25 M |
$1.74 M |
| Interest Income |
$0.00 |
$0.00 |
$0.00 |
$1.28 M |
$65,000.00 |
| Interest Expense |
$38.00 M |
$14.37 M |
$4.23 M |
$0.00 |
$0.00 |
| Depreciation &
Amortization |
$5.54 M
|
$7.13 M
|
$3.34 M
|
$1.75 M
|
$91,000.00
|
| EBITDA |
-$7.37 M
|
-$40.41 M
|
-$3.29 M
|
-$953,000.00
|
-$1.24 M
|
| EBITDA Ratio |
-0.56 |
-0.46 |
0.47 |
-0.34 |
-3.27 |
| Operating Income Ratio
|
-0.59
|
-0.88
|
0.67
|
-0.96
|
-3.51
|
| Total Other
Income/Expenses Net |
-$2.97 M
|
-$42.16 M
|
-$31.55 M
|
-$11.01 M
|
-$97,000.00
|
| Income Before Tax |
-$14.59 M |
-$61.90 M |
-$10.86 M |
-$13.71 M |
-$1.43 M |
| Income Before Tax Ratio
|
-0.74
|
-2.77
|
-0.35
|
-4.87
|
-3.76
|
| Income Tax Expense |
$4.06 M |
-$298,000.00 |
$775,000.00 |
$0.00 |
$0.00 |
| Net Income |
-$18.66 M |
-$61.61 M |
-$11.64 M |
-$13.71 M |
-$1.43 M |
| Net Income Ratio |
-0.95 |
-2.76 |
-0.38 |
-4.87 |
-3.76 |
| EPS |
-0.28 |
-0.94 |
-0.18 |
-1.38 |
-0.14 |
| EPS Diluted |
-0.28 |
-0.94 |
-0.18 |
-1.38 |
-0.14 |
| Weighted Average Shares
Out |
$65.62 M
|
$65.62 M
|
$65.40 M
|
$9.90 M
|
$9.90 M
|
| Weighted Average Shares
Out Diluted |
$65.62 M
|
$65.62 M
|
$65.40 M
|
$9.90 M
|
$9.90 M
|
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