Criteo S.A. CRTO Income Statement

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14
Revenue
2,261,516	2,300,314	2,296,692	1,799,146	1,323,169	988,249
Cost of revenue:
Traffic acquisition costs
1,314,947	1,334,334	1,355,556	1,068,911	789,152	585,492
Other cost of revenue
117,533	131,744	121,641	85,260	62,201	47,948
Gross profit
829,036	834,236	819,495	644,975	471,816	354,809
Operating expenses:
Research and development expenses
172,591	179,263	173,925	123,649	86,807	60,075
Sales and operations expenses
375,477	372,707	380,649	282,853	229,530	176,927
General and administrative expenses
139,754	135,159	127,077	117,469	79,145	64,723
Total operating expenses
687,822	687,129	681,651	523,971	395,482	301,725
Income from operations
141,214	147,107	137,844	121,004	76,334	53,084
Financial income (expense)
-5,700	-5,100	-9,534	-546	-4,541	11,390
Income before taxes
135,465	142,023	128,310	120,458	71,793	64,474
Provision for income taxes
39,496	46,144	31,651	33,129	9,517	17,578
Net income
95,969	95,879	96,659	87,329	62,276	46,896
Net income available to shareholders of Criteo S.A.
90,745	88,644	91,214	82,272	59,553	45,556
Net income available to non-controlling interests
5,224	7,235	5,445	5,057	2,723	1,340
Net income allocated to shareholders of Criteo S.A. per share:
Basic (in USD per share)
1.41	1.33	1.40	1.30	0.96	0.77
Diluted (in USD per share)
1.38	1.31	1.34	1.25	0.91	0.72
Weighted average shares outstanding used in computing per share amounts:
Basic (in shares)
64,305	66,456	65,143	63,337	61,835	58,928
Diluted (in shares)
65,598	67,662	67,851	65,633	65,096	63,493