Adit EdTech Acquisition Corp. (ADEX) Financials

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$5.38

north_east NA Past Year
Day's range
$4.93
Day's range
$6.5

ADEX Income statement / Annual

Last year (2023), Adit EdTech Acquisition Corp.'s total revenue was $19.62 M, a decrease of 12.22% from the previous year. In 2023, Adit EdTech Acquisition Corp.'s net income was -$18.66 M. See Adit EdTech Acquisition Corp.,s key income statements, including revenue, expenses, profit, and income.

Period FY-2023 FY-2022 FY-2021 FY-2020 FY-2019
Period Ended 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Operating Revenue $19.62 M $22.36 M $30.83 M $2.82 M $379,000.00
Cost of Revenue $21.02 M $22.81 M $8.93 M $2.69 M $919,000.00
Gross Profit -$1.40 M -$453,000.00 $21.90 M $123,000.00 -$540,000.00
Gross Profit Ratio -0.07 -0.02 0.71 0.04 -1.42
Research and Development Expenses $0.00 $0.00 $0.00 $0.00 $0.00
General & Administrative Expenses $5.98 M $10.03 M $7.52 M $1.08 M $698,000.00
Selling & Marketing Expenses $0.00 $102,000.00 $34,000.00 $0.00 $0.00
Selling, General & Administrative Expenses $5.98 M $10.03 M $7.55 M $1.08 M $698,000.00
Other Expenses $453,000.00 $200,000.00 $204,000.00 $0.00 $0.00
Operating Expenses $11.52 M $17.15 M $10.89 M $12.56 M $821,000.00
Cost And Expenses $32.53 M $39.96 M $19.82 M $15.25 M $1.74 M
Interest Income $0.00 $0.00 $0.00 $1.28 M $65,000.00
Interest Expense $38.00 M $14.37 M $4.23 M $0.00 $0.00
Depreciation & Amortization $5.54 M $7.13 M $3.34 M $1.75 M $91,000.00
EBITDA -$7.37 M -$40.41 M -$3.29 M -$953,000.00 -$1.24 M
EBITDA Ratio -0.56 -0.46 0.47 -0.34 -3.27
Operating Income Ratio -0.59 -0.88 0.67 -0.96 -3.51
Total Other Income/Expenses Net -$2.97 M -$42.16 M -$31.55 M -$11.01 M -$97,000.00
Income Before Tax -$14.59 M -$61.90 M -$10.86 M -$13.71 M -$1.43 M
Income Before Tax Ratio -0.74 -2.77 -0.35 -4.87 -3.76
Income Tax Expense $4.06 M -$298,000.00 $775,000.00 $0.00 $0.00
Net Income -$18.66 M -$61.61 M -$11.64 M -$13.71 M -$1.43 M
Net Income Ratio -0.95 -2.76 -0.38 -4.87 -3.76
EPS -0.28 -0.94 -0.18 -1.38 -0.14
EPS Diluted -0.28 -0.94 -0.18 -1.38 -0.14
Weighted Average Shares Out $65.62 M $65.62 M $65.40 M $9.90 M $9.90 M
Weighted Average Shares Out Diluted $65.62 M $65.62 M $65.40 M $9.90 M $9.90 M
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