Glu mobile inc (GLUU)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
Revenue

107,274

112,879

107,077

95,540

95,885

95,640

99,285

90,193

81,443

80,212

81,148

68,679

56,788

46,309

51,381

48,363

54,528

61,030

63,250

56,150

69,470

72,865

64,791

40,910

44,580

34,841

21,722

24,445

24,605

26,311

26,099

29,264

26,509

17,724

19,253

19,436

17,612

15,468

15,952

Cost of revenue:
Platform commissions, royalties and other

36,974

38,278

36,758

32,806

33,270

32,508

34,384

32,386

29,167

28,980

28,898

24,761

20,860

17,467

18,918

18,534

20,320

22,251

25,890

21,231

26,310

29,625

25,733

12,432

13,202

9,803

7,871

7,670

7,462

7,382

6,946

7,780

7,522

5,126

5,571

4,877

4,655

-

-

Amortization of intangible assets

888

-

-

-

1,252

-

-

-

-

-

-

3,171

3,262

-

-

-

-

11

31

32

127

127

127

127

127

117

229

495

495

495

495

495

495

495

330

0

0

53

52

Impairment of prepaid royalties and minimum guarantees

-

-

-

-

-

612

0

0

99

26,067

464

0

792

123

29,836

105

43

858

1,555

89

-

-

-

-

-

0

435

-

-

0

0

0

0

0

160

0

371

-

-

Impairment and amortization of intangible assets

-

1,039

1,040

1,056

-

2,017

4,167

1,468

1,467

1,535

2,363

-

-

2,812

7,320

2,336

2,324

2,325

2,360

2,434

2,434

2,434

1,338

441

554

1,004

1,082

1,078

1,074

1,073

1,025

932

753

1,552

2,375

703

817

1,009

1,006

Royalties and impairment of prepaid royalties and guarantees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-3,934

-4,943

Total cost of revenue

37,862

39,317

37,798

33,862

34,522

35,137

38,551

33,854

30,733

56,582

31,725

27,932

24,914

20,402

56,074

20,975

22,687

25,434

29,805

23,754

28,744

32,059

27,071

12,873

13,756

10,807

8,953

8,748

8,536

8,455

7,971

8,712

8,275

6,678

8,106

5,580

5,843

4,943

5,949

Gross profit

69,412

73,562

69,279

61,678

61,363

60,503

60,734

56,339

50,710

23,630

49,423

40,747

31,874

25,907

-4,693

27,388

31,841

35,596

33,445

32,396

40,726

40,806

37,720

28,037

30,824

24,034

12,769

15,697

16,069

17,856

18,128

20,552

18,234

11,046

11,147

13,856

11,769

10,525

10,003

Operating expenses:
Research and development

29,531

25,877

22,968

19,736

26,546

25,553

23,839

22,832

22,710

21,395

22,004

23,989

25,032

20,766

20,080

20,721

20,312

20,001

16,304

18,308

18,243

16,053

15,355

17,297

15,579

12,618

11,405

11,224

11,630

13,566

9,979

15,697

15,033

12,660

10,808

8,439

7,166

5,858

6,229

Sales and marketing

42,743

31,013

46,140

35,040

28,105

28,435

28,874

29,741

26,810

26,341

29,776

30,952

17,287

14,387

10,104

10,935

12,624

10,729

12,302

12,771

12,438

12,275

15,327

7,989

9,485

10,608

5,361

5,143

5,008

6,272

5,545

4,701

4,375

3,930

3,576

3,344

3,757

2,692

2,437

General and administrative

6,667

5,751

5,879

4,951

6,635

8,074

8,095

7,608

7,890

8,552

8,698

8,678

8,497

8,134

7,011

7,096

7,984

6,838

4,419

7,429

7,406

7,154

6,808

6,131

4,926

4,162

3,617

3,852

3,919

3,356

2,466

4,556

4,366

3,814

3,748

3,506

2,934

3,107

3,052

Restructuring charge

-

-

-

0

-

0

160

0

80

-21

1,402

926

3,712

0

57

2,116

106

1,075

-

-

-

67

209

159

-

0

0

937

511

838

213

320

0

-92

0

147

490

-

693

Impairment of goodwill

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

3,613

0

0

0

0

0

0

-

-

Total operating expenses

78,941

62,641

74,987

59,727

61,286

62,062

60,968

60,181

57,490

56,267

61,880

64,545

54,528

43,287

37,252

40,868

41,026

38,654

33,056

38,540

38,214

35,676

37,826

31,703

30,117

27,505

20,612

21,651

21,563

24,527

22,311

25,769

24,269

20,807

18,462

15,436

14,347

11,710

12,463

Income/(loss) from operations

-9,529

10,921

-5,708

1,951

77

-1,559

-234

-3,842

-6,780

-32,637

-12,457

-23,798

-22,654

-17,380

-41,945

-13,480

-9,185

-3,058

389

-6,144

2,512

5,130

-106

-3,666

707

-3,471

-7,843

-5,954

-5,494

-6,671

-4,183

-5,217

-6,035

-9,761

-7,315

-1,580

-2,578

-1,185

-2,460

Interest income / (expense)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

98

137

Interest income/(expense)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7

6

Other expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

177

-429

Interest and other income/(expense), net

-65

510

271

556

764

286

96

-366

-251

-6,510

-271

53

-122

-114

-1,653

-4,453

469

-134

-152

-174

-284

-978

-340

-24

-130

-130

-155

163

132

264

-455

210

-366

-106

344

329

180

86

-560

Income/(loss) before income taxes

-9,594

11,431

-5,437

2,507

841

-1,273

-138

-4,208

-7,031

-39,147

-12,728

-23,745

-22,776

-17,494

-43,598

-17,933

-8,716

-3,192

237

-6,318

2,228

4,152

-446

-3,690

577

-3,601

-7,998

-5,791

-5,362

-6,407

-4,638

-5,007

-6,401

-9,867

-6,971

-1,251

-2,398

-1,099

-3,020

Income tax benefit/(provision)

-1,321

641

-348

0

178

49

118

207

175

420

-1,057

-177

-12

-280

129

16

-166

-234

79

-809

1,104

2,773

-10,850

78

444

-78

-30

-2,870

135

660

-1,075

-2,019

440

152

-813

501

774

504

198

Net income/(loss)

-8,273

10,790

-5,089

2,507

663

-1,322

-256

-4,415

-7,206

-39,567

-11,671

-23,568

-22,764

-17,214

-43,727

-17,949

-8,550

-2,958

158

-5,509

1,124

1,379

10,404

-3,768

133

-3,523

-7,968

-2,921

-5,497

-7,067

-3,563

-2,988

-6,841

-10,019

-6,158

-1,752

-3,172

-1,603

-3,218

Net loss per common share - basic and diluted
Net loss per common share - basic and diluted

-0.06

-

-

-

0.00

-

-

-

-

-

-0.09

-0.17

-0.17

-

-

-

-

-

-

-

-

-

-

-

-

-0.05

-

-

-

-0.11

-0.06

-0.05

-0.11

-0.16

-0.10

-0.03

-0.06

-0.04

-0.10

Net income/(loss) per common share:
Net income/(loss) per common share - basic

-0.06

0.07

-0.03

0.02

0.00

-0.01

0.00

-0.03

-0.05

-

-

-

-

-

-

-

-

-0.02

0.00

-0.05

0.01

0.01

0.11

-0.04

0.00

-0.05

-0.11

-0.04

-0.08

-

-

-

-

-

-

-

-

-

-

Net income/(loss) per common share - diluted

-0.06

0.07

-0.03

0.02

0.00

-0.01

0.00

-0.03

-0.05

-

-

-

-

-

-

-

-

-0.02

0.00

-0.05

0.01

0.01

0.10

-0.04

0.00

-0.05

-0.11

-0.04

-0.08

-

-

-

-

-

-

-

-

-

-

Weighted average common shares outstanding - basic and diluted
Basic

149,629

-

-

145,451

144,445

-

-

140,534

139,108

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Diluted

149,629

-

-

159,682

159,423

-

-

140,534

139,108

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted average common shares outstanding - basic and diluted

-

-

-

-

-

-

-

-

-

-

135,726

135,065

134,336

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

36,042

30,676