← Tuya Inc.
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $105.8m |
$179.9m
+70.03%
|
$302.1m
+67.94%
|
$208.2m
-31.09%
|
$230.0m
+10.48%
|
$298.6m
+29.84%
|
$321.8m
+7.76%
|
$328.0m
+1.93%
|
|
| Cost of Revenue | ($78.0m) |
$117.9m
+251.20%
|
$174.2m
+47.71%
|
$118.7m
-31.84%
|
$123.3m
+3.86%
|
$157.2m
+27.45%
|
$166.8m
+6.08%
|
$171.3m
+2.73%
|
|
| Gross Profit | $27.8m |
$61.9m
+122.91%
|
$127.9m
+106.45%
|
$89.4m
-30.07%
|
$106.7m
+19.27%
|
$141.4m
+32.61%
|
$155.0m
+9.62%
|
$156.7m
+1.06%
|
|
| Research And Development | $52.0m | $77.4m | $174.3m | $144.9m | $102.3m | $95.0m | $89.7m | $88.8m | |
| Selling and Marketing Expense | — | $37.6m | $75.4m | $55.7m | $40.4m | $37.1m | $33.1m | $58.5m | |
| Sales and marketing expenses | ($37.0m) | ($37.6m) | ($75.4m) | ($55.7m) | ($40.4m) | ($37.1m) | ($33.1m) | — | |
| General and Administrative Expense | $12.2m | $17.9m | $71.6m | $67.5m | $80.7m | $68.3m | $30.9m | $26.3m | |
| Other Operating Expenses | — | — | — | ($10.5m) | ($10.9m) | ($11.3m) | ($10.2m) | — | |
| Operating Expenses | $101.2m | $131.8m | $311.4m | $257.6m | $212.5m | $189.1m | $143.6m | $136.3m | |
| Operating Income (Loss) | ($10k) |
($69.8m)
-698360.00%
|
($183.6m)
-162.81%
|
($168.2m)
+8.38%
|
($105.8m)
+37.08%
|
($47.6m)
+55.00%
|
$11.5m
+124.11%
|
$20.4m
+77.74%
|
|
| Other Operating Income (Expense), Net | ($10k) | $1.1m | $9.8m | $10.5m | $10.9m | $11.3m | $10.2m | — | |
| Interest Income | — | — | — | $22.9m | $49.7m | $50.4m | $43.4m | $40.5m | |
| Investment Income, Net | — | $3.1m | $8.0m | $20.7m | $45.1m | $50.4m | $43.4m | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($239k) | ($80k) | ($618k) | $2.4m | $669k | ($136k) | ($1.0m) | — | |
| Gain (Loss) on Investments | — | — | ($53k) | ($2.2m) | $697k | — | — | — | |
| Gain On Sale Of Security | — | — | — | ($1.9m) | ($4.1m) | $158k | ($227k) | ($1.8m) | |
| Other non-operating incomes, net | — | — | $2.0m | $2.9m | $3.1m | $4.2m | $5.2m | — | |
| Other Income Expense | — | — | — | $993k | ($986k) | $4.3m | $5.0m | $3.4m | |
| Pre-Tax Income | ($70.4m) | ($66.7m) | ($174.9m) | ($144.3m) | ($57.1m) | $7.1m | $59.8m | $64.3m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | ($70.4m) | ($66.7m) | ($174.9m) | ($144.3m) | ($57.1m) | $7.1m | $59.8m | $64.3m | |
| Income tax expense | ($124k) | ($206k) | ($490k) | ($1.9m) | ($3.2m) | ($2.1m) | ($2.0m) | $1.6m | |
| Net Income From Continuing And Discontinued Operation | ($70.5m) | ($66.9m) | ($175.4m) | ($146.2m) | ($60.3m) | $5.0m | $57.9m | $62.6m | |
| Earnings Per Share, Basic | ($0.33) | ($0.30) | ($0.36) | ($0.26) | ($0.11) | $0.01 | $0.09 | $0.10 | |
| Earnings Per Share, Diluted | ($0.33) | ($0.30) | ($0.36) | ($0.26) | ($0.11) | $0.01 | $0.09 | $0.10 | |
| Weighted Average Number of Shares Outstanding, Basic | 222.0m | 222.0m | 489.1m | 553.5m | 555.5m | 573.8m | 611.7m | 614.0m | |
| Basic Average Shares | — | — | — | $553.5m | $574.6m | $573.8m | $611.7m | $614.0m | |
| Diluted Average Shares | — | — | — | $553.5m | $574.6m | $591.0m | $613.8m | $615.8m | |
| Weighted Average Number of Shares Outstanding, Diluted | 222.0m | 222.0m | 489.1m | 553.5m | 555.5m | 591.0m | 613.8m | 615.8m | |
| Additional Financial Items | |||||||||
| (Loss)/profit from operations | ($73.4m) | ($69.8m) | ($183.6m) | ($168.2m) | ($105.8m) | ($47.6m) | $11.5m | — | |
| Financial income, net | $3.3m | $3.2m | $7.3m | $18.5m | $45.0m | $50.7m | $44.2m | — | |
| Foreign exchange gain/(loss), net | ($239k) | ($80k) | ($618k) | $2.4m | $669k | ($136k) | ($1.0m) | — | |
| Net (loss)/profit | ($70.5m) | ($66.9m) | ($175.4m) | ($146.2m) | ($60.3m) | $5.0m | $57.9m | — | |
| Changes in fair value of long-term investments | — | — | $357k | ($9.5m) | ($7.8m) | $14k | $115k | — | |
| Transfer out of fair value changes of long-term investments | — | — | — | — | $15.5m | ($65k) | — | — | |
| Foreign currency translation | ($428k) | $2.9m | $1.5m | ($14.9m) | ($2.7m) | ($2.6m) | $4.8m | — | |
| -Basic | $222.0m | $222.0m | $489.1m | $553.5m | $555.5m | $573.8m | $611.7m | $0 | |
| -Diluted | $222.0m | $222.0m | $489.1m | $553.5m | $555.5m | $591.0m | $613.8m | $62.6m | |
| Diluted EPS | ($0.33) | ($0.30) | ($0.36) | ($0.26) | ($0.11) | $0.01 | $0.09 | $0.10 | |
| Diluted NI Availto Com Stockholders | ($70.5m) | ($66.9m) | ($175.4m) | ($146.2m) | ($60.3m) | $5.0m | $57.9m | $62.6m | |
| Normalized EBITDA | — | — | — | ($158.1m) | ($95.2m) | ($42.7m) | $16.9m | $20.4m | |
| Normalized Income | — | — | — | ($144.7m) | ($57.2m) | $4.9m | $58.1m | $64.4m | |
| Other Gand A | $12.2m | $17.9m | $71.6m | $67.5m | $80.7m | $68.3m | $30.9m | — | |
| Reconciled Depreciation | — | — | — | $8.2m | $6.5m | $5.1m | $5.2m | $5.2m | |
| Selling General And Administration | — | — | — | $123.2m | $121.1m | $105.3m | $64.0m | — | |
| Tax Effect Of Unusual Items | — | — | — | ($478k) | ($1.0m) | $47k | ($7k) | ($46k) | |
| Tax Provision | — | — | — | $1.9m | $3.2m | $2.1m | $2.0m | $1.6m | |
| Tax Rate For Calcs | — | — | — | $0 | $0 | $0 | $0 | $0 | |
| Share-based compensation expenses | $5.2m | $9.4m | $66.1m | $69.0m | $65.2m | $67.8m | $22.3m | — | |
| Total comprehensive (loss)/income attributable to Tuya Inc. | ($70.9m) | ($64.0m) | ($173.6m) | ($170.6m) | ($55.3m) | $2.4m | $62.8m | — | |
| Total Unusual Items | — | — | — | ($1.9m) | ($4.1m) | $158k | ($227k) | ($1.8m) | |
| Total Expenses | — | — | — | $376.4m | $335.8m | $346.2m | $310.3m | $307.6m |