AMBARELLA, INC. AMBA Income Statement

Ambarella, inc. (AMBA)

Income statement / Quarterly

Jan'20	Oct'19	Jul'19	Apr'19	Jan'19	Oct'18	Jul'18	Apr'18	Jan'18	Oct'17	Jul'17	Apr'17	Jan'17	Oct'16	Jul'16	Apr'16	Jan'16	Oct'15	Jul'15	Apr'15	Jan'15	Oct'14	Jul'14	Apr'14	Jan'14	Oct'13	Jul'13	Apr'13	Jan'13	Oct'12	Jul'12	Apr'12	Oct'11
Revenue
57,212	67,922	56,410	47,188	51,070	57,286	62,474	56,938	70,575	89,062	71,630	64,135	87,508	100,490	65,142	57,157	67,967	93,200	84,193	71,013	64,700	65,689	46,968	40,921	39,967	45,990	37,710	33,941	31,518	35,669	27,958	25,921	28,778
Cost of revenue
23,896	28,819	23,973	19,335	20,416	22,701	24,461	22,046	25,224	32,448	26,825	23,172	28,994	34,167	21,672	20,450	24,651	31,938	29,345	25,095	23,255	24,130	16,432	15,325	14,405	16,689	14,419	12,248	11,584	12,679	8,626	7,516	10,093
Gross profit
33,316	39,103	32,437	27,853	30,654	34,585	38,013	34,892	45,351	56,614	44,805	40,963	58,514	66,323	43,470	36,707	43,316	61,262	54,848	45,918	41,445	41,559	30,536	25,596	25,562	29,301	23,291	21,693	19,934	22,990	19,332	18,405	18,685
Operating expenses:
Research and development
33,807	32,480	30,420	33,017	32,638	31,653	32,129	31,664	31,574	29,796	27,538	26,602	27,129	25,967	23,643	24,466	23,442	22,062	20,840	16,583	15,983	15,584	13,497	12,914	13,010	13,476	10,974	11,317	11,198	10,802	9,356	11,473	9,169
Selling, general and administrative
13,341	13,791	12,425	13,077	12,382	12,354	12,566	13,178	12,386	11,700	11,962	11,744	11,302	10,686	10,565	10,893	10,768	8,873	9,087	9,010	8,343	7,324	6,875	6,755	6,850	5,761	5,385	5,157	5,114	4,603	4,184	4,025	3,806
Total operating expenses
47,148	46,271	42,845	46,094	45,020	44,007	44,695	44,842	43,960	41,496	39,500	38,346	38,431	36,653	34,208	35,359	34,210	30,935	29,927	25,593	24,326	22,908	20,372	19,669	19,860	19,237	16,359	16,474	16,312	15,405	13,540	15,498	12,975
Income (loss) from operations
-13,832	-7,168	-10,408	-18,241	-14,366	-9,422	-6,682	-9,950	1,391	15,118	5,305	2,617	20,083	29,670	9,262	1,348	9,106	30,327	24,921	20,325	17,119	18,651	10,164	5,927	5,702	10,064	6,932	5,219	3,622	7,585	5,792	2,907	5,710
Other income, net
1,713	1,917	2,195	2,196	3,351	993	732	792	602	319	224	153	188	132	171	27	207	169	127	27	47	40	39	49	6	-12	-11	-5	-3	137	4	-2	3
Income (loss) before income taxes
-12,119	-5,251	-8,213	-16,045	-11,015	-8,429	-5,950	-9,158	1,993	15,437	5,529	2,770	20,271	29,802	9,433	1,375	9,313	30,496	25,048	20,352	17,166	18,691	10,203	5,976	5,708	10,052	6,921	5,214	3,619	7,722	5,796	2,905	5,713
Provision (benefit) for income taxes
862	-942	1,978	1,266	-6,472	592	927	848	732	3,713	2,226	206	1,921	757	801	-408	4,217	1,035	1,951	1,498	-508	364	893	716	175	926	667	473	-24	1,005	570	303	665
Net income (loss)
-12,981	-4,309	-10,191	-17,311	-4,543	-9,021	-6,877	-10,006	1,261	11,724	3,303	2,564	18,350	29,045	8,632	1,783	5,096	29,461	23,097	18,854	17,674	18,327	9,310	5,260	5,533	9,126	6,254	4,741	3,643	6,717	5,226	2,602	5,048
Net income (loss) per share attributable to ordinary shareholders:
Basic
-0.38	-0.13	-0.31	-0.53	-0.14	-0.28	-0.21	-0.30	0.04	0.35	0.10	0.08	0.56	0.89	0.27	0.05	0.15	0.93	0.73	0.61	0.59	0.61	0.32	0.18	0.20	0.33	0.23	0.17	0.09	0.27	0.20	0.08	0.21
Diluted
-0.38	-0.13	-0.31	-0.53	-0.14	-0.28	-0.21	-0.30	0.04	0.34	0.10	0.07	0.54	0.84	0.25	0.05	0.16	0.87	0.68	0.56	0.54	0.57	0.29	0.17	0.18	0.30	0.21	0.16	0.09	0.25	0.19	0.07	0.19
Weighted-average shares used to compute net income (loss) per share attributable to ordinary shareholders:
Basic
33,677	33,304	32,860	32,492	32,128	32,171	33,219	33,334	33,288	33,128	33,227	33,253	33,028	32,670	32,557	32,428	32,105	31,815	31,515	31,099	30,566	30,006	29,421	28,976	28,420	27,836	27,409	27,056	26,853	12,068	7,604	7,519	8,046
Diluted
33,677	33,304	32,860	32,492	32,128	32,171	33,219	33,334	34,715	34,358	34,572	34,685	34,584	34,599	34,175	33,950	33,747	33,899	33,904	33,472	33,066	32,382	31,899	31,763	31,420	30,355	29,848	29,066	28,506	13,415	9,114	9,031	9,513