Tuya (TUYA) Income Statement: Revenue & Earnings

Tuya Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

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Tuya Inc. income statement - Annual data in millions USD
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Revenue & Gross Profit
Revenue	298.62	229.99	208.17	302.08	179.87
Cost of Revenue	157.19	123.34	118.75	-174.21	117.94
Gross Profit	141.43	106.66	89.42	127.87	61.94
Operating Expenses
Research & Development	95.05	102.28	144.94	174.29	77.43
Selling, General & Administrative	105.34	121.10	123.18	146.97	55.42
Operating Expenses	189.05	223.38	257.61	-311.43	131.78
Operating Income	-47.62	-116.73	-168.19	-249.65	-69.85
Other Income/Expense
Interest Income	50.42	49.74	22.90	8.05	3.07
Interest Expense	0.00	0.00	0.00	0.00	0.00
Other Income/Expense	4.34	-13.94	0.99	-9.24	0.00
Income
Income Before Tax	7.14	-57.07	-144.30	-174.93	-66.71
Income Tax Expense	2.15	3.25	1.88	0.49	0.21
Net Income	5.00	-60.32	-146.18	-241.51	-66.91
Net Income - Continuous Operations	5.00	-60.32	-146.18	-175.42	0.00
Net Income - Discontinued Operations	0.00	0.00	0.00	0.00	0.00
EBITDA	-42.56	-34.98	-159.98	-164.58	-68.18
EBIT	-47.62	-57.07	-168.19	-174.93	-69.85
Depreciation & Amortization	5.07	6.55	8.21	-3.37	1.66
Earnings Per Share
Basic EPS	-	-	-	-	-
Diluted EPS	-	-	-	-	-
Basic Shares Outstanding	573.78	555.47	553.53	489.15	221.98
Diluted Shares Outstanding	591.01	555.47	553.53	489.15	221.98