OLO
Income statement / Annual
Last year (2023), Olo Inc.'s total revenue was $228.29 M,
an increase of 23.13% from the previous year.
In 2023, Olo Inc.'s net income was -$58.29 M.
See Olo Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
| Operating Revenue |
$228.29 M
|
$185.40 M
|
$149.37 M
|
$98.42 M
|
$50.69 M
|
$31.80 M
|
| Cost of Revenue |
$89.32 M |
$57.51 M |
$30.83 M |
$18.67 M |
$15.59 M |
$10.82 M |
| Gross Profit |
$138.97 M |
$127.89 M |
$118.54 M |
$79.76 M |
$35.11 M |
$20.98 M |
| Gross Profit Ratio |
0.61 |
0.69 |
0.79 |
0.81 |
0.69 |
0.66 |
| Research and Development
Expenses |
$73.91 M
|
$72.93 M
|
$58.92 M
|
$32.91 M
|
$21.69 M
|
$17.12 M
|
| General & Administrative
Expenses |
$85.10 M
|
$73.03 M
|
$69.63 M
|
$22.21 M
|
$12.16 M
|
$8.34 M
|
| Selling & Marketing
Expenses |
$48.19 M
|
$33.60 M
|
$17.97 M
|
$8.55 M
|
$6.35 M
|
$4.30 M
|
| Selling, General &
Administrative Expenses |
$133.29 M
|
$106.63 M
|
$87.60 M
|
$30.75 M
|
$18.51 M
|
$12.64 M
|
| Other Expenses |
$0.00 |
$7,000.00 |
$77,000.00 |
$28,000.00 |
$36,000.00 |
$100,000.00 |
| Operating Expenses |
$214.05 M |
$179.56 M |
$146.51 M |
$63.66 M |
$40.20 M |
$29.76 M |
| Cost And Expenses |
$303.37 M |
$237.07 M |
$177.34 M |
$82.33 M |
$55.78 M |
$40.58 M |
| Interest Income |
$17.24 M |
$4.59 M |
$77,000.00 |
$129,000.00 |
$106,000.00 |
$0.00 |
| Interest Expense |
$208,000.00 |
$185,000.00 |
$0.00 |
$157,000.00 |
$219,000.00 |
$173,000.00 |
| Depreciation &
Amortization |
$10.29 M
|
$6.02 M
|
$1.62 M
|
$673,000.00
|
$364,000.00
|
$171,000.00
|
| EBITDA |
-$47.56 M
|
-$41.05 M
|
-$45.21 M
|
$4.08 M
|
-$7.65 M
|
-$11.19 M
|
| EBITDA Ratio |
-0.21 |
-0.22 |
-0.18 |
0.17 |
-0.09 |
-0.27 |
| Operating Income Ratio
|
-0.33
|
-0.28
|
-0.19
|
0.16
|
-0.1
|
-0.28
|
| Total Other
Income/Expenses Net |
$17.03 M
|
$4.41 M
|
-$18.85 M
|
-$12.84 M
|
-$3.14 M
|
-$2.75 M
|
| Income Before Tax |
-$58.06 M |
-$47.25 M |
-$46.83 M |
$3.25 M |
-$8.23 M |
-$11.54 M |
| Income Before Tax Ratio
|
-0.25
|
-0.25
|
-0.31
|
0.03
|
-0.16
|
-0.36
|
| Income Tax Expense |
$229,000.00 |
-$1.28 M |
-$4.56 M |
$189,000.00 |
$26,000.00 |
$17,000.00 |
| Net Income |
-$58.29 M |
-$45.97 M |
-$42.27 M |
$3.06 M |
-$8.26 M |
-$11.55 M |
| Net Income Ratio |
-0.26 |
-0.25 |
-0.28 |
0.03 |
-0.16 |
-0.36 |
| EPS |
-0.36 |
-0.28 |
-0.34 |
0.0216 |
-0.0562 |
-0.0807 |
| EPS Diluted |
-0.36 |
-0.28 |
-0.34 |
0.0216 |
-0.0562 |
-0.0807 |
| Weighted Average Shares
Out |
$162.99 M
|
$161.30 M
|
$123.82 M
|
$147.00 M
|
$147.00 M
|
$143.13 M
|
| Weighted Average Shares
Out Diluted |
$162.99 M
|
$161.30 M
|
$123.82 M
|
$147.00 M
|
$147.00 M
|
$143.13 M
|
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