Criteo S.A. CRTO Income Statement

Criteo s.a. (CRTO)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15
Revenue
2,206,769	2,261,516	2,278,972	2,285,235	2,294,273	2,300,314	2,304,248	2,339,352	2,344,189	2,296,692	2,189,487	2,049,381	1,914,560	1,799,146	1,629,338	1,538,145	1,430,250	1,323,169	0	0	0
Cost of revenue:
Traffic acquisition costs
1,289,882	1,314,947	1,326,797	1,330,283	1,333,017	1,334,334	1,333,183	1,357,372	1,372,609	1,355,556	1,300,346	1,218,080	1,136,849	1,068,911	964,089	915,749	852,019	789,152	0	0	0
Other cost of revenue
125,294	117,533	125,012	126,832	127,730	131,744	124,664	121,694	124,545	121,641	114,225	106,606	94,077	85,260	78,732	73,606	67,570	62,201	0	0	0
Gross profit
791,593	829,036	827,163	828,120	833,526	834,236	846,401	860,286	847,035	819,495	774,916	724,695	683,634	644,975	586,517	548,790	510,661	471,816	0	0	0
Operating expenses:
Research and development expenses
163,529	172,591	176,611	176,993	180,522	179,263	181,591	183,655	179,722	173,925	162,543	149,384	136,008	123,649	114,764	106,505	96,123	86,807	0	0	0
Sales and operations expenses
364,542	375,477	371,203	375,744	372,967	372,707	375,736	380,394	385,568	380,649	364,805	337,785	309,110	282,853	262,272	250,418	240,920	229,530	0	0	0
General and administrative expenses
131,899	139,754	134,833	134,461	134,338	135,159	133,631	133,557	130,152	127,077	127,774	127,877	124,248	117,469	107,119	94,542	86,336	79,145	0	0	0
Total operating expenses
659,970	687,822	682,647	687,198	687,827	687,129	690,958	697,606	695,442	681,651	655,122	615,046	569,366	523,971	484,155	451,465	423,379	395,482	0	0	0
Income from operations
131,623	141,214	144,516	140,922	145,699	147,107	155,443	162,680	151,593	137,844	119,794	109,649	114,268	121,004	102,362	97,325	87,282	76,334	0	0	0
Financial income (expense)
-4,000	-5,700	-6,062	-6,169	-5,775	-5,100	-5,559	-7,438	-8,526	-9,534	-5,878	-3,562	-1,562	-546	-1,292	-7,372	-9,778	-4,541	0	0	0
Income before taxes
127,514	135,465	138,542	134,841	139,966	142,023	149,884	155,242	143,067	128,310	113,916	106,087	112,706	120,458	101,116	89,999	77,504	71,793	0	0	0
Provision for income taxes
36,518	39,496	41,913	40,821	43,776	46,144	43,772	44,809	39,836	31,651	28,885	28,601	29,386	33,129	15,589	13,403	10,318	9,517	0	0	0
Net income
90,996	95,969	96,629	94,020	96,190	95,879	106,112	110,433	103,231	96,659	85,031	77,486	83,320	87,329	85,527	76,596	67,186	62,276	0	0	0
Net income available to shareholders of Criteo S.A.
87,084	90,745	86,687	85,052	87,955	88,644	103,706	106,337	98,581	91,214	77,588	71,353	77,583	82,272	80,805	72,362	63,702	59,553	0	0	0
Net income available to non-controlling interests
3,912	5,224	9,942	8,968	8,235	7,235	2,406	4,096	4,650	5,445	7,443	6,133	5,737	5,057	4,722	4,234	3,484	2,723	0	0	0
Net income allocated to shareholders of Criteo S.A. per share:
Basic (in USD per share)
0.25	0.65	0.29	0.17	0.30	0.56	0.26	0.21	0.30	0.82	0.30	0.09	0.19	0.63	0.21	0.19	0.27	0.61	0.08	0.06	0.21
Diluted (in USD per share)
0.25	0.65	0.28	0.16	0.29	0.57	0.25	0.20	0.29	0.78	0.29	0.09	0.18	0.59	0.21	0.19	0.26	0.58	0.08	0.05	0.20
Weighted average shares outstanding used in computing per share amounts:
Basic (in shares)
61,691	63,437	64,868	64,581	64,336	66,244	67,075	66,347	66,160	65,942	65,412	65,027	64,189	63,866	63,628	63,246	62,610	62,366	62,082	61,719	61,174
Diluted (in shares)
62,125	64,661	66,067	65,624	66,041	67,067	68,625	67,488	67,469	67,793	68,200	68,131	67,283	66,251	65,816	65,625	64,841	65,110	65,254	65,279	64,741