pwsc: the income statement

MyFinsight

For the quarter ending 2024-06-30, PWSC made $191,592K in revenue. -$20,259K in net income. Net profit margin of -10.57%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2024-06-30
Total revenue	191,592
Depreciation and amortization	18,705
Cost of revenue, excluding depreciation and amortization	59,978
Total cost of revenue	79,831
Gross profit	111,761
Acquisition costs	276
Depreciation and amortization	17,344
Research and development	30,616
Selling, general, and administrative	71,621
Total operating expenses	119,857
Income (loss) from operations	-8,096
Interest expense—net	23,193
Other expenses (income)—net	853
Loss before income taxes	-30,436
Income tax expense (benefit)	-4,732
Net loss	-25,704
Less: net loss attributable to non-controlling interest	-5,693
Net loss attributable to powerschool holdings, inc	-20,011
Foreign currency translation	-304
Total other comprehensive income (loss)	-304
Less: other comprehensive income (loss) attributable to non-controlling interest	-56
Comprehensive loss attributable to powerschool holdings, inc	-20,259

Basic eps	-0.12
Diluted eps	-0.12
Basic average shares	166,040,370
Diluted average shares	203,694,429