Symbotic Inc. Financial Statements — SYM Stock

Income Statement	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
Sales/Revenue/Turnover	100	92	252	593	1,177	1,788
- Cost of Revenue	120	111	241	494	987	1,543
+ Cost of Goods & Services	120	111	241	494	987	1,543
+ Sales & Services Revenue	100	92	252	593	1,177	1,788
Gross Profit	-20	-19	10	100	190	246
- Operating Expenses	86	91	133	240	413	362
+ Research & Development	49	56	73	124	195	173
+ Other Operating Expense	- -	- -	- -	- -	- -	- -
+ Selling, General & Admin	37	36	59	116	218	189
+ Other Operating Income	- -	- -	- -	- -	- -	- -
Operating Income (Loss)	-106	-110	-122	-140	-223	-117
- Non-Operating (Income) Loss	-1	-1	- -	-1	-11	-37
+ Interest Expense, Net	- -	- -	- -	- -	- -	- -
+ Interest Expense	- -	- -	- -	- -	- -	- -
- Interest Income	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	-1	-1	- -	-1	-11	-37
Pretax Income	-104	-110	-122	-139	-213	-80
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -
- Income Tax Expense (Benefit)	- -	- -	- -	- -	-5	4
Income (Loss) from Cont Ops	-104	-110	-122	-139	-208	-85
- Net Extraordinary Losses (Gains)	- -	- -	- -	-120	-368	-142
+ Discontinued Operations	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	-120	-368	-142
Income (Loss) Incl. MI	-104	-110	-122	-19	160	58
- Minority Interest	- -	- -	- -	60	184	71
Net Income, GAAP	-104	-110	-122	-79	-24	-13
- Other Adjustments	- -	- -	- -	- -	- -	- -
- Preferred Dividends	25	30	33	- -	- -	- -
Net Income Avail to Common, GAAP	-130	-139	-155	-79	-24	-13
Basic Weighted Avg Shares	51	51	51	54	64	96
Basic EPS, GAAP	-2.56	-2.75	-3.06	-1.46	-0.37	-0.14
Basic EPS from Cont Ops	-2.06	-2.16	-2.41	-2.57	-3.23	-0.88
Diluted Weighted Avg Shares	51	51	51	54	64	96
Diluted EPS, GAAP	-2.56	-2.75	-3.06	-1.46	-0.37	-0.14
Diluted EPS from Cont Ops	-2.06	-2.16	-2.41	-2.57	-3.23	-0.88
EBITDA	-98	-105	-118	-134	-212	-93
EBITDA Margin (%)	-98.32	-113.64	-46.8	-22.65	-18.01	-5.21
EBITA	-106	-110	-122	-140	-223	-117
EBIT	-106	-110	-122	-140	-223	-117
Gross Margin (%)	-19.94	-20.56	4.15	16.8	16.12	13.74
Operating Margin (%)	-105.66	-119.86	-48.58	-23.66	-18.97	-6.53
Profit Margin (%)	-104.23	-118.93	-48.55	-13.31	-2.03	-0.75
Sales per Employee	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -	- -
Depreciation Expense	7	6	4	6	11	23

Balance Sheet	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
Total Current Assets	- -	212	260	605	992	1,356
+ Accounts & Notes Receiv	- -	2	63	105	190	420
+ Accounts Receivable, Net	- -	2	63	3	69	202
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	102	121	218
+ Cash, Cash Equivalents & STI	- -	58	157	353	546	727
+ Cash & Cash Equivalents	- -	58	157	353	259	727
+ ST Investments	- -	- -	- -	- -	287	- -
+ Inventories	- -	16	34	92	136	106
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	3	12	29
+ Work In Process	- -	- -	- -	- -	- -	5
+ Raw Materials	- -	16	33	89	124	72
+ Other Inventory	- -	- -	- -	- -	- -	- -
+ Other ST Assets	- -	134	7	55	120	102
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -
+ Misc ST Assets	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	- -	13	20	26	59	223
+ LT Investments & Receivables	- -	- -	- -	- -	- -	81
+ LT Investments	- -	- -	- -	- -	- -	81
+ LT Receivables	- -	- -	- -	- -	- -	- -
+ Property, Plant & Equip, Net	- -	9	19	25	35	97
- Accumulated Depreciation	- -	27	19	24	19	34
+ Property, Plant & Equip	- -	36	37	49	53	131
+ Other LT Assets	- -	4	1	1	24	45
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -
+ Total Intangible Assets	- -	2	1	1	- -	4
+ Goodwill	- -	- -	- -	- -	- -	- -
+ Other Intangible Assets	- -	2	1	1	- -	4
+ Misc LT Assets	- -	3	- -	- -	24	41
Total Assets	- -	225	281	631	1,051	1,579
+ Payables & Accruals	- -	26	78	129	238	341
+ Other Payables & Accruals	- -	8	31	47	100	166
+ Accounts Payable	- -	6	28	68	110	175
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -
+ Accrued Taxes	- -	12	18	13	28	- -
+ ST Debt	- -	- -	- -	- -	- -	- -
+ ST Borrowings	- -	- -	- -	- -	- -	- -
+ ST Finance Leases	- -	- -	- -	- -	- -	- -
+ Other ST Liabilities	- -	121	259	394	787	676
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	121	259	394	787	676
Total Current Liabilities	- -	147	337	523	1,025	1,017
+ LT Debt	- -	- -	- -	- -	- -	- -
+ LT Borrowings	- -	- -	- -	- -	- -	- -
+ LT Finance Leases	- -	- -	- -	- -	- -	- -
+ Other LT Liabilities	- -	923	1,057	39	28	171
+ Accrued Liabilities	- -	260	217	31	- -	129
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	- -	663	840	8	28	42
+ Pension Liabilities	- -	- -	- -	- -	- -	- -
Total Noncurrent Liabilities	- -	923	1,057	39	28	171
Total Liabilities	- -	1,069	1,394	562	1,053	1,188
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	- -	17	44	1,296	1,312	1,524
+ Additional Paid in Capital	- -	- -	27	1,296	1,312	1,524
+ Common Stock	- -	17	17	- -	- -	- -
- Treasury Stock	- -	- -	- -	- -	- -	- -
+ Retained Earnings	- -	-857	-1,155	-1,287	-1,310	-1,324
+ Other Equity	- -	-4	-2	-2	-2	-3
Equity Before Minority Interest	- -	-844	-1,113	7	- -	197
+ Minority/Non Controlling Interest	- -	- -	- -	62	-3	193
Total Equity	- -	-844	-1,113	69	-3	390
Total Liabilities & Equity	- -	225	281	631	1,051	1,579
Shares Outstanding	- -	51	51	58	82	105
Capital Leases - Total	- -	- -	- -	- -	- -	- -
Net Debt	- -	-58	-157	-353	-259	-727
Net Debt to Equity	- -	6.9	14.07	-512.7	9,527.61	-186.43
Tangible Common Equity Ratio	- -	-378.67	-398.89	10.83	-0.28	24.54
Current Ratio	- -	1.44	0.77	1.16	0.97	1.33
Cash Conversion Cycle	- -	23.45	61.53	35.03	21.85	21.89
Number of Employees	- -	- -	- -	- -	- -	- -

Cash Flow Statement	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
+ Net Income	-104	-110	-122	-139	-208	-85
+ Depreciation & Amortization	7	6	4	6	11	23
+ Non-Cash Items	- -	- -	- -	32	175	140
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -
+ Deferred Income Taxes	- -	- -	- -	- -	-5	4
+ Other Non-Cash Adj	- -	- -	- -	5	25	24
+ Stock-Based Compensation	- -	- -	- -	27	154	112
+ Chg in Non-Cash Work Cap	114	-21	227	-47	253	-137
+ (Inc) Dec in Accts Receiv	-1	- -	-2	-1	-66	-132
+ Inc (Dec) in Accts Payable	8	-4	38	79	106	104
+ (Inc) Dec in Inventories	10	-6	-17	-61	-66	- -
+ (Inc) Dec in Prepaid Assets	1	- -	4	-121	-79	-112
+ Inc (Dec) in Other	96	-11	204	56	358	4
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	17	-124	110	-148	231	-58
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-4	-5	-12	-18	-16	-42
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -
+ Acq of Fixed Prod Assets	-4	-5	-12	-18	-16	-42
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -
+ Net Change in LT Investment	- -	- -	- -	- -	-278	201
+ Dec in LT Investment	- -	- -	- -	- -	130	340
+ Inc in LT Investment	- -	- -	- -	- -	-408	-139
+ Net Cash From Acq & Div	- -	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	- -	- -	- -	- -	- -	- -
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	- -	- -	- -	- -	-6	-2
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-4	-5	-12	-18	-299	156
+ Dividends Paid	- -	- -	- -	- -	- -	- -
+ Net Cash From Debt	- -	- -	- -	- -	- -	- -
+ Cash From Debt	- -	- -	- -	- -	- -	- -
+ Repayments of Debt	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	- -	- -	385	- -	258
+ Decrease in Capital Stock	- -	- -	- -	- -	- -	- -
+ Increase in Capital Stock	- -	- -	- -	385	- -	258
+ Other Financing Activities	- -	100	- -	-22	-24	113
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	- -	100	- -	362	-24	371
Effect of Foreign Exchange Rates	- -	-1	1	1	- -	- -
Net Changes in Cash	13	-29	97	196	-93	469
Capital Expenditures	-4	-5	-12	-18	-16	-42
EBITDA	-98	-105	-118	-134	-212	-93
EBITDA Margin (%)	-98.32	-113.64	-46.8	-22.65	-18.01	-5.21
Net Cash Paid for Acquisitions	- -	- -	- -	- -	- -	- -
Free Cash Flow	13	-129	97	-166	215	-100
Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -
Free Cash Flow to Equity	- -	-159	64	-166	215	-100
Free Cash Flow per Basic Share	0.25	-2.55	1.92	-3.07	3.34	-1.05
Price/Free Cash Flow	- -	- -	4.09	-4.77	8.73	-147.35
Cash Flow to Net Income	-0.16	1.14	-0.9	1.88	-9.67	4.31

Symbotic Inc.

Income Statement

Balance Sheet

Cash Flow Statement