Marin Software Incorporated (MRIN) — Financial statements
Income statement, balance sheet, and cash flow for Marin Software Incorporated — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 18↓11.4% | 20↓18.0% | 24↓18.6% | 30↓38.9% | 49 | |
| Cost of Revenue | 12↓9.1% | 13↓0.7% | 13↓28.2% | 18↓21.4% | 23 | |
| Gross Profit | 6↓15.6% | 7↓37.4% | 12↓4.2% | 12↓54.0% | 26 | |
| Operating Expenses | ||||||
| R&D Expenses | 10↓13.5% | 12↑9.7% | 11↓15.8% | 13↓28.2% | 18 | |
| General & Administrative Expenses | 9↓14.7% | 10↑11.5% | 9↑9.0% | 9↓18.1% | 10 | |
| Selling & Marketing Expenses | 7↓6.8% | 7↑27.6% | 5↓21.2% | 7↓56.1% | 16 | |
| SG&A Expenses | 15↓11.5% | 17↑17.4% | 15↓4.6% | 16↓41.0% | 26 | |
| Other Expenses | 3 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 29↓1.1% | 29↑14.2% | 26↓9.7% | 28↓35.8% | 44 | |
| Total Costs & Expenses | 41↓3.5% | 42↑9.2% | 38↓16.8% | 46↓30.9% | 67 | |
| Operating Results | ||||||
| Operating Income | -23↓3.7% | -22↓56.5% | -14↑13.7% | -16↑9.1% | -18 | |
| Depreciation & Amortization | 3↑24.5% | 3↓28.3% | 4↓38.1% | 6↓36.0% | 9 | |
| EBITDA | -16↑17.5% | -20↓81.9% | -11↑3.9% | -11↑16.0% | -13 | |
| EBIT | -20↑11.2% | -22↓56.5% | -14↑13.7% | -16↑9.1% | -18 | |
| Interest & Other Income | ||||||
| Net Interest Income | 0.00 | 0.00 | 0.00 | 0.00↑100.0% | -0.10 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 0.00 | 0.00 | 0.00 | 0.00↓100.0% | 0.10 | |
| Non-Operating Income | -3 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | 0.74↓81.9% | 4↑314.5% | 0.98↓35.8% | 2↓71.6% | 5 | |
| Income Before Tax | -22↓23.1% | -18↓37.0% | -13↑11.4% | -15↓17.8% | -13 | |
| Income Tax Expense | -0.15↓149.2% | 0.31↑327.6% | -0.13↑81.2% | -0.71↓492.5% | -0.12 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -22↓20.2% | -18↓40.8% | -13↑7.9% | -14↓13.2% | -12 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -22↓20.2% | -18↓40.8% | -13↑7.9% | -14↓13.2% | -12 | |
| Bottom-Line Net Income | -22↓20.2% | -18↓40.8% | -13↑7.9% | -14↓13.2% | -12 | |
| EPS (Basic) | -7.45↓8.0% | -6.90↓13.9% | -6.06↑47.1% | -11.46↑2.1% | -11.70 | |
| EPS (Diluted) | -7.45↓8.0% | -6.90↓13.9% | -6.06↑47.1% | -11.46↑2.1% | -11.70 | |
| Weighted Average Shares | 3↑11.1% | 3↑23.7% | 2↑74.9% | 1↑15.2% | 1 | |
| Weighted Average Diluted Shares | 3↑11.1% | 3↑23.7% | 2↑74.9% | 1↑15.2% | 1 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.