Income Statement Toast, Inc.

Equities

TOST

US8887871080

Software

Market Closed - Nyse Other stock markets 04:00:02 2025-07-09 pm EDT			5-day change	1st Jan Change
44.64 ^USD	+2.53%		+3.74%	+22.47%

Jul. 07	Toast Insider Sold Shares Worth $589,005, According to a Recent SEC Filing	MT
Jul. 07	Toast Insider Sold Shares Worth $1,454,424, According to a Recent SEC Filing	MT

5de790de6be175.7Ws7ryAi16XFPp3bGMt26HhIuAtHx-uYfMGjlwNq_uY.ilwJ2FVqs-aUaNedcZNHgUwtilhzjY7SM5jCwForxt6dBmzpSneO1Yt9rQ

Published financial data: TOAST, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	823M	1.7B	2.73B	3.86B	4.96B
Total Revenues	823M	1.7B	2.73B	3.86B	4.96B
Cost of Goods Sold, Total	679M	1.39B	2.22B	3.03B	3.76B
Gross Profit	144M	318M	516M	839M	1.2B
Selling General & Admin Expenses, Total	252M	373M	610M	763M	772M
R&D Expenses	109M	163M	282M	358M	351M
Amortization of Goodwill and Intangible Assets - (IS)	3.6M	4M	5M	5M	5M
Other Operating Expenses, Total	364M	540M	897M	1.13B	1.13B
Operating Income	-220M	-222M	-381M	-287M	67M
Interest Expense, Total	-12.65M	-12M	-	-	-
Interest And Investment Income	842K	-	11M	37M	42M
Net Interest Expenses	-11.81M	-12M	11M	37M	42M
Other Non Operating Income (Expenses)	-15.99M	-200M	96M	6M	-36M
EBT, Excl. Unusual Items	-248M	-434M	-274M	-244M	73M
Restructuring Charges	-	-	-	-	-46M
Merger & Related Restructuring Charges	-	-3M	-	-	-
Other Unusual Items	-	-53M	-3M	-	-5M
EBT, Incl. Unusual Items	-248M	-490M	-277M	-244M	22M
Income Tax Expense	261K	-3M	-2M	2M	3M
Earnings From Continuing Operations	-248M	-487M	-275M	-246M	19M
Net Income to Company	-248M	-487M	-275M	-246M	19M
Net Income - (IS)	-248M	-487M	-275M	-246M	19M
Preferred Dividend and Other Adjustments	812K	-	-	-	-
Net Income to Common Incl Extra Items	-249M	-487M	-275M	-246M	19M
Net Income to Common Excl. Extra Items	-249M	-487M	-275M	-246M	19M
Per Share Items
Net EPS - Basic	-1.25	-1.68	-0.54	-0.46	0.03
Basic EPS - Continuing Operations	-1.25	-1.68	-0.54	-0.46	0.03
Basic Weighted Average Shares Outstanding	200M	290M	512M	532M	559M
Net EPS - Diluted	-1.25	-1.68	-0.72	-0.47	0.03
Diluted EPS - Continuing Operations	-1.25	-1.68	-0.72	-0.47	0.03
Diluted Weighted Average Shares Outstanding	200M	290M	512M	533M	591M
Normalized Basic EPS	-0.77	-0.94	-0.33	-0.29	0.08
Normalized Diluted EPS	-0.77	-0.94	-0.33	-0.29	0.08
Supplemental Items
EBITDA	-201M	-213M	-371M	-270M	111M
EBITA	-220M	-222M	-381M	-287M	72M
EBIT	-220M	-222M	-381M	-287M	67M
EBITDAR	-173M	-187M	-346M	-258M	125M
Total Revenues (As Reported)	823M	1.7B	2.73B	3.86B	4.96B
Effective Tax Rate - (Ratio)	-0.11	0.61	0.72	-0.82	13.64
Current Domestic Taxes	84K	-	1M	1M	2M
Current Foreign Taxes	127K	-	2M	2M	1M
Total Current Taxes	211K	-	3M	3M	3M
Deferred Domestic Taxes	50K	-3M	-5M	-1M	-
Total Deferred Taxes	50K	-3M	-5M	-1M	-
Normalized Net Income	-155M	-271M	-171M	-152M	45.62M
Interest on Long-Term Debt	12.04M	-	-	-	-
Supplemental Operating Expense Items
Advertising Expense	6.31M	17M	25M	29M	43M
Selling and Marketing Expenses	139M	190M	319M	401M	470M
General and Administrative Expenses	113M	183M	291M	362M	302M
Research And Development Expense From Footnotes	109M	163M	282M	358M	351M
Net Rental Expense, Total	28.44M	26M	25M	12M	14M
Imputed Operating Lease Interest Expense	31.82M	18.42M	-	-	-
Imputed Operating Lease Depreciation	-3.38M	7.58M	-	-	-
Stock-Based Comp., COGS (Total)	7.3M	12M	33M	43M	40M
Stock-Based Comp., R&D Exp. (Total)	30M	48M	72M	94M	84M
Stock-Based Comp., S&M Exp. (Total)	16.3M	24M	50M	58M	54M
Stock-Based Comp., G&A Exp. (Total)	32.76M	58M	73M	82M	63M
Stock-Based Comp., Other (Total)	-	-	-	-	12M
Total Stock-Based Compensation	86.36M	142M	228M	277M	253M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	582M	809M	547M	605M	903M
Short Term Investments	-	457M	474M	519M	514M
Total Cash And Short Term Investments	582M	1.27B	1.02B	1.12B	1.42B
Accounts Receivable, Total	33.4M	55M	77M	69M	115M
Other Receivables	91K	-	-	58M	-
Notes Receivable	-	-	-	-	-
Total Receivables	33.49M	55M	77M	127M	115M
Inventory	19.33M	63M	130M	124M	118M
Prepaid Expenses	10.68M	30M	27M	24M	-
Other Current Assets, Total	27.74M	71M	152M	171M	325M
Total Current Assets	673M	1.48B	1.41B	1.57B	1.98B
Gross Property Plant And Equipment	41.72M	151M	186M	172M	223M
Accumulated Depreciation	-7.66M	-31M	-48M	-61M	-100M
Net Property Plant And Equipment	34.06M	120M	138M	111M	123M
Goodwill	35.89M	74M	107M	113M	113M
Other Intangibles, Total	16.89M	16M	29M	26M	20M
Deferred Charges Long-Term	12.61M	25M	38M	-	-
Other Long-Term Assets, Total	3.45M	15M	42M	138M	177M
Total Assets	776M	1.74B	1.76B	1.96B	2.41B
Liabilities
Accounts Payable, Total	30.55M	40M	30M	32M	37M
Accrued Expenses, Total	28.52M	64M	119M	171M	195M
Short-term Borrowings	-	-	-	-	-
Current Portion of Leases	-	22M	14M	11M	10M
Unearned Revenue Current, Total	42.68M	44M	39M	39M	59M
Other Current Liabilities	34.66M	182M	294M	410M	510M
Total Current Liabilities	136M	352M	496M	663M	811M
Long-Term Debt	172M	-	-	-	-
Long-Term Leases	-	77M	80M	33M	24M
Unearned Revenue Non Current	15.53M	12M	7M	-	-
Other Non Current Liabilities	74.39M	203M	80M	68M	28M
Total Liabilities	398M	644M	663M	764M	863M
Preferred Stock Convertible	849M	-	-	-	-
Total Preferred Equity	849M	-	-	-	-
Additional Paid In Capital	145M	2.19B	2.48B	2.82B	3.15B
Retained Earnings	-616M	-1.1B	-1.38B	-1.62B	-1.6B
Treasury Stock	-665K	-	-	-	-
Comprehensive Income and Other	228K	-1M	-2M	-	-1M
Total Common Equity	-471M	1.09B	1.1B	1.19B	1.54B
Total Equity	378M	1.09B	1.1B	1.19B	1.54B
Total Liabilities And Equity	776M	1.74B	1.76B	1.96B	2.41B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	220M	509M	527M	548M	575M
ECS Total Common Shares Outstanding	220M	507M	523M	543M	572M
Book Value / Share	-2.15	2.15	2.1	2.2	2.7
Tangible Book Value	-524M	1B	962M	1.06B	1.41B
Tangible Book Value Per Share	-2.39	1.97	1.84	1.94	2.47
Total Debt	172M	99M	94M	44M	34M
Net Debt	-410M	-1.17B	-927M	-1.08B	-1.38B
Debt Equivalent Oper. Leases	228M	208M	200M	96M	112M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	6.35M	1M	-	-	-
Inventories - Finished Goods, Total	17.56M	41M	-	-	-
Inventories - Others	758K	2M	-	-	-
Machinery, Total	11.35M	18M	24M	25M	30M
Full Time Employees	1.8K	3.17K	4.5K	5.5K	5.7K
Accumulated Allowance for Doubtful Accounts (Supple)	4.44M	4M	12M	11M	8M

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	-248M	-487M	-275M	-246M	19M
Depreciation & Amortization - CF	18.78M	9M	10M	17M	39M
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	-	5M
Depreciation & Amortization, Total	18.78M	9M	10M	17M	44M
Amortization of Deferred Charges, Total - (CF)	24.07M	42M	58M	77M	82M
Asset Writedown & Restructuring Costs	-	-	-	15M	7M
Stock-Based Compensation (CF)	86.36M	159M	228M	277M	253M
Provision and Write-off of Bad Debts	-	4M	34M	64M	70M
Other Operating Activities, Total	23.16M	264M	-82M	-10M	33M
Change In Accounts Receivable	-12.71M	-23M	-35M	-3M	-72M
Change In Inventories	-3.94M	-23M	-68M	-7M	-
Change In Accounts Payable	-6.14M	15M	-11M	1M	5M
Change in Unearned Revenues	-8.33M	-2M	-11M	-5M	23M
Change in Other Net Operating Assets	2.32M	44M	-4M	-45M	-104M
Cash from Operations	-125M	2M	-156M	135M	360M
Capital Expenditure	-27.56M	-12M	-16M	-42M	-54M
Cash Acquisitions	-	-26M	-46M	-9M	-
Sale (Purchase) of Intangible assets	-8.52M	-7M	-17M	-	-
Investment in Marketable and Equity Securities, Total	-	-459M	-19M	-32M	15M
Other Investing Activities, Total	212K	1M	-	-3M	-
Cash from Investing	-35.86M	-503M	-98M	-86M	-39M
Long-Term Debt Issued, Total	195M	-	-	-	-
Total Debt Issued	195M	-	-	-	-
Long-Term Debt Repaid, Total	-9.22M	-245M	-	-	-
Total Debt Repaid	-9.22M	-245M	-	-	-
Issuance of Common Stock	3.85M	984M	15M	36M	99M
Repurchase of Common Stock	-426K	-	-	-	-56M
Issuance of Preferred Stock	402M	-	-	-	-
Repurchase of Preferred Stock	-842K	-	-	-	-
Other Financing Activities, Total	3.92M	20M	23M	27M	-25M
Cash from Financing	594M	759M	38M	63M	18M
Foreign Exchange Rate Adjustments	282K	-1M	-	-	-1M
Net Change in Cash	434M	257M	-216M	112M	338M
Supplemental Items
Cash Interest Paid	4.53M	13M	-	-	-
Cash Income Tax Paid (Refund)	-	-	-	-	3M
Levered Free Cash Flow	-59.57M	93.75M	9.88M	260M	404M
Unlevered Free Cash Flow	-51.99M	101M	9.88M	260M	404M
Change In Net Working Capital	7.21M	-66M	15M	-110M	-37M
Net Debt Issued / Repaid	186M	-245M	-	-	-

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	-25.44	-11.05	-13.62	-9.65	1.92
Return on Total Capital	-40.77	-15.95	-19.99	-14.76	2.97
Return On Equity %	-100.48	-66.3	-25.13	-21.47	1.39
Return on Common Equity	62.14	-157.1	-25.13	-21.47	1.39
Margin Analysis
Gross Profit Margin %	17.5	18.65	18.89	21.71	24.09
SG&A Margin	30.61	21.88	22.34	19.74	15.56
EBITDA Margin %	-24.46	-12.49	-13.58	-6.99	2.24
EBITA Margin %	-26.74	-13.02	-13.95	-7.43	1.45
EBIT Margin %	-26.74	-13.02	-13.95	-7.43	1.35
Income From Continuing Operations Margin %	-30.15	-28.56	-10.07	-6.36	0.38
Net Income Margin %	-30.15	-28.56	-10.07	-6.36	0.38
Net Avail. For Common Margin %	-30.25	-28.56	-10.07	-6.36	0.38
Normalized Net Income Margin	-18.83	-15.91	-6.27	-3.95	0.92
Levered Free Cash Flow Margin	-7.24	5.5	0.36	6.72	8.14
Unlevered Free Cash Flow Margin	-6.32	5.94	0.36	6.72	8.14
Asset Turnover
Asset Turnover	1.52	1.36	1.56	2.08	2.27
Fixed Assets Turnover	30.48	20.79	21.17	31.04	42.39
Receivables Turnover (Average Receivables)	24.95	38.75	41.38	52.95	53.91
Inventory Turnover (Average Inventory)	39.12	33.83	22.95	23.83	31.91
Short Term Liquidity
Current Ratio	4.93	4.22	2.84	2.37	2.44
Quick Ratio	4.51	3.75	2.21	1.89	1.89
Operating Cash Flow to Current Liabilities	-0.91	0.01	-0.31	0.2	0.44
Days Sales Outstanding (Average Receivables)	14.67	9.42	8.82	6.89	6.79
Days Outstanding Inventory (Average Inventory)	9.35	10.79	15.9	15.32	11.47
Average Days Payable Outstanding	16.63	8.93	5.6	3.75	3.35
Cash Conversion Cycle (Average Days)	7.4	11.28	19.12	18.47	14.91
Long Term Solvency
Total Debt/Equity	45.44	9.07	8.56	3.68	2.2
Total Debt / Total Capital	31.24	8.32	7.89	3.55	2.15
LT Debt/Equity	45.44	7.06	7.29	2.76	1.55
Long-Term Debt / Total Capital	31.24	6.47	6.71	2.67	1.52
Total Liabilities / Total Assets	51.3	37.12	37.65	39.02	35.84
EBIT / Interest Expense	-17.4	-18.5	-	-	-
EBITDA / Interest Expense	-15.92	-15.58	-	-	-
(EBITDA - Capex) / Interest Expense	-18.1	-16.58	-	-	-
Total Debt / EBITDA	-0.85	-0.53	-0.27	-0.17	0.27
Net Debt / EBITDA	2.04	6.24	2.68	4.19	-11.06
Total Debt / (EBITDA - Capex)	-0.75	-0.5	-0.26	-0.15	0.48
Net Debt / (EBITDA - Capex)	1.79	5.86	2.56	3.6	-19.48
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	23.77	107.17	60.18	41.52	28.33
Gross Profit, 1 Yr. Growth %	124.99	120.83	62.26	62.6	42.43
EBITDA, 1 Yr. Growth %	-4.46	5.45	73.36	-28	-146.06
EBITA, 1 Yr. Growth %	3.18	0.91	70.85	-25.26	-126.87
EBIT, 1 Yr. Growth %	3.18	0.91	70.85	-25.26	-124.54
Earnings From Cont. Operations, 1 Yr. Growth %	18.5	96.37	-43.53	-10.55	-107.72
Net Income, 1 Yr. Growth %	18.5	96.37	-43.53	-10.55	-107.72
Normalized Net Income, 1 Yr. Growth %	16.57	75	-37.01	-11.91	-131.74
Diluted EPS Before Extra, 1 Yr. Growth %	15.82	35.07	-57.05	-35.35	-106.42
Accounts Receivable, 1 Yr. Growth %	2.46	66.67	40	-10.39	66.67
Inventory, 1 Yr. Growth %	25.63	231.58	106.35	-4.62	0
Net Property, Plant and Equip., 1 Yr. Growth %	70.65	172.73	15	-19.57	10.81
Total Assets, 1 Yr. Growth %	153.79	123.58	1.5	11.19	22.98
Tangible Book Value, 1 Yr. Growth %	36.76	-294.75	-3.9	9.67	33.84
Common Equity, 1 Yr. Growth %	42.54	-331.63	0.64	8.74	29.4
Cash From Operations, 1 Yr. Growth %	-1.46	-101.6	-7.9K	-186.54	166.67
Capital Expenditures, 1 Yr. Growth %	201.8	-57.14	33.33	27.27	28.57
Levered Free Cash Flow, 1 Yr. Growth %	-	-253.69	-89.4	3.15K	50.49
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-291.49	-90.19	3.15K	50.49
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	60.12	82.16	50.56	34.77
Gross Profit, 2 Yr. CAGR %	-	122.91	89.3	62.43	52.18
EBITDA, 2 Yr. CAGR %	-	0.47	35.52	10.78	-44.47
EBITA, 2 Yr. CAGR %	-	2.09	31.6	12.2	-56.41
EBIT, 2 Yr. CAGR %	-	2.09	31.6	12.2	-58.23
Earnings From Cont. Operations, 2 Yr. CAGR %	-	52.65	5.3	-28.93	-73.72
Net Income, 2 Yr. CAGR %	-	52.65	5.3	-28.93	-73.72
Normalized Net Income, 2 Yr. CAGR %	-	43.08	5.11	-25.53	-48.66
Diluted EPS Before Extra, 2 Yr. CAGR %	-	25.2	-23.98	-47.27	-79.63
Accounts Receivable, 2 Yr. CAGR %	-	29.9	52.75	12.01	22.21
Inventory, 2 Yr. CAGR %	-	102.35	161.57	40.29	-4.73
Net Property, Plant and Equip., 2 Yr. CAGR %	-	145.21	77.1	-3.82	-5.59
Total Assets, 2 Yr. CAGR %	-	138.22	50.64	6.23	16.94
Tangible Book Value, 2 Yr. CAGR %	-	61.67	36.81	2.66	21.15
Common Equity, 2 Yr. CAGR %	-	81.71	52.68	4.61	18.62
Cash From Operations, 2 Yr. CAGR %	-	-87.4	11.71	721.58	51.91
Capital Expenditures, 2 Yr. CAGR %	-	15.47	-24.41	48.68	27.92
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	-59.56	69.84	610.52
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	-56.78	63.18	610.52
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	60.14	67.46	42.75
Gross Profit, 3 Yr. CAGR %	-	-	100.52	79.94	55.47
EBITDA, 3 Yr. CAGR %	-	-	20.7	10.16	-20.39
EBITA, 3 Yr. CAGR %	-	-	21.39	9.27	-31.9
EBIT, 3 Yr. CAGR %	-	-	21.39	9.27	-33.52
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	9.58	-0.27	-66.08
Net Income, 3 Yr. CAGR %	-	-	9.58	-0.27	-66.08
Normalized Net Income, 3 Yr. CAGR %	-	-	8.93	-0.54	-45.05
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-12.35	-27.97	-73.86
Accounts Receivable, 3 Yr. CAGR %	-	-	33.18	27.87	27.87
Inventory, 3 Yr. CAGR %	-	-	103.68	86.88	23.27
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	90.51	36.13	0.83
Total Assets, 3 Yr. CAGR %	-	-	79.25	36.14	11.55
Tangible Book Value, 3 Yr. CAGR %	-	-	35.94	27.09	12.15
Common Equity, 3 Yr. CAGR %	-	-	49.23	36.35	12.3
Cash From Operations, 3 Yr. CAGR %	-	-	7.38	2.6	464.62
Capital Expenditures, 3 Yr. CAGR %	-	-	21.14	14.47	41.65
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-	62.62	64.94
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-	69.97	60.6
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	-	49.46
Gross Profit, 5 Yr. CAGR %	-	-	-	-	79.57
EBITDA, 5 Yr. CAGR %	-	-	-	-	-12.06
EBITA, 5 Yr. CAGR %	-	-	-	-	-19.5
EBIT, 5 Yr. CAGR %	-	-	-	-	-20.65
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	-	-38.1
Net Income, 5 Yr. CAGR %	-	-	-	-	-38.1
Normalized Net Income, 5 Yr. CAGR %	-	-	-	-	-19.2
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	-	-51.1
Accounts Receivable, 5 Yr. CAGR %	-	-	-	-	28.68
Inventory, 5 Yr. CAGR %	-	-	-	-	50.3
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	-	43.87
Total Assets, 5 Yr. CAGR %	-	-	-	-	51.1
Tangible Book Value, 5 Yr. CAGR %	-	-	-	-	29.82
Common Equity, 5 Yr. CAGR %	-	-	-	-	36.14
Cash From Operations, 5 Yr. CAGR %	-	-	-	-	23.36
Capital Expenditures, 5 Yr. CAGR %	-	-	-	-	43.1