Company: IBTA
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001628280-25-008240
Chunk: 7

Company: Ibotta, Inc.
Filing Date: 2025-02-27
Form: 10-K
Item: Item 8
Chunk 7
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289,208 220,046 204,839 Income (loss) from operations27,925 55,999 (40,313)Interest income (expense), net9,414 (6,884)(5,311)Loss on debt extinguishment(9,686)— — Other expense, net(3,157)(5,064)(8,975)Income (loss) before benefit from (provision for) income taxes24,496 44,051 (54,599)Benefit from (provision for) income taxes44,246 (5,934)(262)Net income (loss)$68,742 $38,117 $(54,861)Net income (loss) per share:Basic$2.85 $4.26 $(6.33)Diluted$2.56 $1.42 $(6.33)Weighted average common shares outstanding:Basic24,124,8338,948,5378,672,426Diluted26,860,93126,921,5678,672,426

See accompanying notes to the consolidated financial statements.

95

Table of ContentsIbotta, Inc.CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)(In thousands)

Year ended December 31,202420232022Net income (loss)$68,742 $38,117 $(54,861)Other comprehensive income (loss):Net unrealized gain (loss) on short-term investments— 126 (126)Total other comprehensive income (loss)— 126 (126)Comprehensive income (loss)$68,742 $38,243 $(54,987)

See accompanying notes to the consolidated financial statements.

96

Table of ContentsIbotta, Inc.CONSOLIDATED STATEMENTS OF REDEEMABLE CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS’ EQUITY (DEFICIT) (In thousands, except share amounts)

Redeemable Convertible Preferred StockCommon StockAdditional Paid-In CapitalAccumulated DeficitAccumulated Other Comprehensive Income (Loss)Stockholders’ Equity (Deficit)SharesAmountSharesAmountBalance, December 31, 202117,245,954$— 8,436,602$— $203,204 $(192,444)$— $10,760 Net loss—— —— — (54,861)— (54,861