Squarespace, Inc.

SQSP

SQSPSquarespace, Inc. US flag

New York Stock Exchange

46.57

USD

-0.10

- -

6.47BMarket Cap

Income Statement (USD)

MCP API Chat

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
As of date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023

Sales/Revenue/Turnover	485	621	784	867	1,012
+ Sales & Services Revenue	485	621	784	867	1,012
- Cost of Revenue	82	98	127	153	208
+ Cost of Goods & Services	82	98	127	153	208
Gross Profit	403	523	657	714	805
+ Other Operating Income	- -	- -	- -	- -	- -
- Operating Expenses	342	483	898	701	721
+ Selling, General & Admin	234	315	708	474	479
+ Research & Development	108	168	190	227	242
+ Other Operating Expense	- -	- -	- -	- -	- -
Operating Income (Loss)	61	40	-241	13	84
- Non-Operating (Income) Loss	-3	18	4	238	33
+ Interest Expense, Net	1	10	11	18	37
+ Interest Expense	1	10	11	18	37
- Interest Income	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	-4	8	-7	220	-3
Pretax Income	64	22	-245	-225	50
- Income Tax Expense (Benefit)	6	-8	4	27	57
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	58	31	-249	-252	-7
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	58	31	-249	-252	-7
- Minority Interest	- -	- -	- -	- -	- -
Net Income, GAAP	58	31	-249	-252	-7
- Preferred Dividends	312	278	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	-253	-248	-249	-252	-7
EBIT	61	40	-241	13	84
EBITDA	80	62	-208	45	128
EBITDA Margin (%)	16.43	9.97	-26.55	5.19	12.61
EBITA	61	40	-241	13	84
Gross Margin (%)	83.1	84.17	83.85	82.39	79.5
Operating Margin (%)	12.65	6.48	-30.72	1.54	8.27
Profit Margin (%)	12	4.92	-31.78	-29.09	-0.7
Sales per Employee	- -	- -	- -	- -	- -
Dividend per Share	- -	17.24	- -	- -	- -
Depreciation Expense	18	22	33	32	44
Basic Weighted Avg Shares	19	19	96	138	136
Basic EPS, GAAP	-13.33	-13.04	-2.59	-1.82	-0.05
Basic EPS from Cont Ops	3.06	1.61	-2.59	-1.82	-0.05
Diluted Weighted Avg Shares	19	19	96	138	136
Diluted EPS, GAAP	-13.33	-13.04	-2.59	-1.82	-0.05
Diluted EPS from Cont Ops	3.06	1.61	-2.59	-1.82	-0.05

Balance Sheet (USD)

MCP API Chat

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
As of date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023

Total Current Assets	162	140	342	328	374
+ Cash, Cash Equivalents & STI	120	95	235	229	258
+ Cash & Cash Equivalents	44	58	203	197	258
+ ST Investments	77	37	31	32	- -
+ Accounts & Notes Receiv	5	9	15	23	40
+ Accounts Receivable, Net	5	8	8	11	25
+ Notes Receivable, Net	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	1	7	12	15
+ Inventories	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -
+ Other ST Assets	37	36	92	76	77
+ Misc ST Assets	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -
Total Noncurrent Assets	175	167	558	403	548
+ Property, Plant & Equip, Net	60	49	53	138	136
+ Property, Plant & Equip	106	109	123	209	219
- Accumulated Depreciation	46	60	70	71	83
+ LT Investments & Receivables	- -	- -	- -	- -	- -
+ LT Investments	- -	- -	- -	- -	- -
+ LT Receivables	- -	- -	- -	- -	- -
+ Other LT Assets	115	117	505	264	412
+ Total Intangible Assets	109	102	496	253	401
+ Goodwill	83	83	436	210	210
+ Other Intangible Assets	26	19	60	43	190
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -
+ Misc LT Assets	5	15	9	11	11
Total Assets	337	307	900	731	922
+ Payables & Accruals	50	64	118	116	155
+ Accounts Payable	3	17	27	13	13
+ Accrued Taxes	11	13	20	33	38
+ Interest & Dividends Payable	- -	- -	- -	- -	- -
+ Other Payables & Accruals	35	33	71	70	104
+ ST Debt	9	14	14	52	62
+ ST Borrowings	9	14	14	41	49
+ ST Finance Leases	- -	- -	- -	12	13
+ Other ST Liabilities	165	212	236	270	333
+ Deferred Revenue	164	210	234	270	333
+ Derivatives & Hedging	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -
+ Misc ST Liabilities	1	1	2	- -	- -
Total Current Liabilities	224	289	367	438	550
+ LT Debt	339	526	513	583	618
+ LT Borrowings	339	526	513	473	520
+ LT Finance Leases	- -	- -	- -	110	98
+ Other LT Liabilities	151	157	33	12	15
+ Accrued Liabilities	24	25	32	1	1
+ Pension Liabilities	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -
+ Misc LT Liabilities	127	132	- -	11	14
Total Noncurrent Liabilities	490	682	546	595	632
Total Liabilities	714	971	913	1,034	1,182
+ Preferred Equity and Hybrid Capital	127	131	- -	- -	- -
+ Share Capital & APIC	1	9	912	876	925
+ Common Stock	- -	- -	- -	- -	- -
+ Additional Paid in Capital	1	9	912	876	925
- Treasury Stock	- -	- -	- -	- -	- -
+ Retained Earnings	-378	-676	-925	-1,177	-1,184
+ Other Equity	- -	2	- -	-2	-1
Equity Before Minority Interest	-377	-664	-13	-303	-260
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -
Total Equity	-377	-664	-13	-303	-260
Total Liabilities & Equity	337	307	900	731	922
Shares Outstanding	136	136	139	136	136
Number of Employees	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	122	110
Net Debt	305	481	323	317	311
Net Debt to Equity	-80.76	-72.48	-2,399.18	-104.59	-119.49
Tangible Common Equity Ratio	-269.6	-438.45	-126.1	-116.55	-126.8
Current Ratio	0.72	0.49	0.93	0.75	0.68
Cash Conversion Cycle	- -	-33.49	-58.79	-43.31	-16.31

Cash Flow Statement (USD)

MCP API Chat

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
As of date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023

+ Net Income	58	31	-249	-252	-7
+ Depreciation & Amortization	18	22	33	32	44
+ Non-Cash Items	14	29	312	332	107
+ Stock-Based Compensation	18	31	308	103	108
+ Deferred Income Taxes	-4	-5	3	1	- -
+ Asset Impairment Charge	- -	- -	- -	225	- -
+ Other Non-Cash Adj	- -	2	1	3	-1
+ Chg in Non-Cash Work Cap	12	69	27	53	88
+ (Inc) Dec in Accts Receiv	- -	-3	1	-5	-16
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	-18	9	-35	4	- -
+ Inc (Dec) in Accts Payable	1	27	25	6	37
+ Inc (Dec) in Other	29	36	37	49	67
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -
Cash from Operating Activities	102	150	123	164	231
+ Change in Fixed & Intang	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-8	-5	-11	-12	-17
+ Acq of Fixed Prod Assets	-8	-5	-11	-12	-17
+ Acq of Intangible Assets	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	-44	- -	304	-120	-26
+ Increase in Capital Stock	- -	- -	304	- -	- -
+ Decrease in Capital Stock	-44	- -	- -	-120	-26
+ Net Change in LT Investment	29	39	5	- -	32
+ Dec in LT Investment	175	149	34	27	40
+ Inc in LT Investment	-146	-110	-29	-28	-8
+ Net Cash From Acq & Div	-96	- -	-202	- -	-177
+ Cash from Divestitures	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	-96	- -	-202	- -	-177
+ Cash for JVs	- -	- -	- -	- -	- -
+ Other Investing Activities	- -	- -	- -	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -
Cash from Investing Activities	-75	34	-208	-12	-162
+ Dividends Paid	- -	-328	- -	- -	- -
+ Net Cash From Debt	349	191	-14	-14	55
+ Cash From Debt	349	197	- -	- -	99
+ Repayments of Debt	-1	-7	-14	-14	-45
+ Other Financing Activities	-350	-34	-30	-19	-37
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -
Cash from Financing Activities	-46	-171	261	-153	-8
Effect of Foreign Exchange Rates	- -	1	- -	- -	1
Net Changes in Cash	-19	14	176	-1	61
EBITDA	80	62	-208	45	128
EBITDA Margin (%)	16.43	9.97	-26.55	5.19	12.61
Free Cash Flow	94	145	112	153	214
Net Cash Paid for Acquisitions	96	- -	202	- -	177
Free Cash Flow to Firm	95	- -	- -	- -	209
Free Cash Flow to Equity	- -	62	-33	139	269
Free Cash Flow per Basic Share	4.95	7.64	1.17	1.1	1.58
Price/Free Cash Flow	- -	- -	21.16	17.46	18.03
Cash Flow to Net Income	1.76	4.9	-0.49	-0.65	-32.64
Capital Expenditures	-8	-5	-11	-12	-17