Olo Inc. Income Statement | Understand Stock

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Financial Statements

In millions of USD; shares in millions, except per-share amounts

	FY2024 12 months to Dec 31, 2024	FY2023 12 months to Dec 31, 2023	FY2022 12 months to Dec 31, 2022	FY2021 12 months to Dec 31, 2021
Revenue
Platform
Professional services and other
Total revenue
Cost of revenue
Platform
Professional services and other
Total cost of revenue
Gross Profit
Operating expenses:
Research and development
General and administrative
Sales and marketing
Restructuring charges (Note 17)
Total operating expenses
Loss from operations
Other income, net:
Interest income
Interest expense
Other income (expense), net
Change in fair value of warrant liability
Total other income, net
Income (loss) before income taxes
Provision (benefit) for income taxes
Net (loss) income and comprehensive (loss) income
Accretion of redeemable convertible preferred stock to redemption value
Undeclared 8% dividend on participating securities
Net loss attributable to Class A and Class B common stockholders—basic
Net loss attributable to Class A and Class B common stockholders—basic and diluted
Net loss per share attributable to Class A and Class B common stockholders:
Basic (in USD per share)
Diluted (in USD per share)
Weighted-average Class A and Class B common shares outstanding:
Basic (in shares)
Diluted (in shares)

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