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UPWK | Upwork Inc. Stock Financials Income Statements Annual

(Stock Exchange: NASDAQ)
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Financial Year End2023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Revenue689.14M618.32M502.80M373.63M300.56M253.35M202.55M164.44M
Cost of Revenue170.45M160.40M135.51M104.27M88.14M81.46M65.44M62.58M
Gross Profit518.69M457.92M367.29M269.36M212.42M171.90M137.11M101.87M
Operating Expenses529.15M550.54M421.51M291.77M231.15M183.61M140.23M116.33M
Selling, General & Admin351.78M370.83M296.38M204.74M163.22M122.30M90.38M72.88M
Research & Development177.36M154.55M119.08M83.47M64.03M55.49M45.60M37.90M
Other Operating Expenses60.14M25.15M6.05M3.56M3.90M-6.14M4.25M5.55M
Operating Income-10.46M-92.62M-54.22M-22.41M-18.73M-11.71M-3.12M-14.47M
Other Expenses / Income59.34M3.27M-1.90M-309.00K2.10M-6.14M-1.02M-1.77M
Before Tax Income48.88M-89.35M-56.12M-22.72M-16.63M-19.89M-4.14M-16.23M
Income Tax Expenses1.99M536.00K122.00K150.00K28.00K15.00K-22.00K-1.00K
Net Income46.89M-89.89M-56.24M-22.87M-16.66M-19.91M-4.12M-16.23M
Interest Expenses1.00M4.48M2.18M778.00K1.31M2.04M960.00K858.00K
Basic Shares Outstanding134.77M130.52M127.16M118.70M109.81M52.33M98.07M95.93M
Diluted Shares Outstanding137.26M130.52M127.16M118.70M109.81M52.33M98.07M95.93M
EBITDA2.26M-73.73M-40.13M-7.91M-4.72M-12.90M1.00M-6.91M
EBITDA Margin0.33%-11.92%-7.98%-2.12%-1.57%-5.09%0.49%-4.20%
EBIT49.88M-84.87M-53.94M-21.94M-15.32M-17.85M-3.19M-15.38M
EBIT Margin7.24%-13.73%-10.73%-5.87%-5.10%-7.05%-1.57%-9.35%
Financial Year End2023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
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