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Planet Labs PBC reported earnings results for the second quarter and six months ended July 31, 2023. For the second quarter, the company reported sales was USD 53.76 million compared to USD 48.45 million a year ago. Net loss was USD 37.98 million compared to USD 39.53 million a year ago. Basic loss per share from continuing operations was USD 0.14 compared to USD 0.15 a year ago.For the six months, sales was USD 106.46 million compared to USD 88.58 million a year ago. Net loss was USD 72.42 million compared to USD 83.89 million a year ago. Basic loss per share from continuing operations was USD 0.26 compared to USD 0.32 a year ago.
Period Ending: | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 |
---|---|---|---|---|
Total Revenue | 58.85 | 55.38 | 53.76 | 52.7 |
Gross Profit | 32.48 | 26.8 | 26.29 | 28.15 |
Operating Income | -33.88 | -40.12 | -43.28 | -44.69 |
Net Income | -30.09 | -38 | -37.98 | -34.44 |
Period Ending: | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 |
---|---|---|---|---|
Total Assets | 702 | 713.52 | 720.42 | 723.46 |
Total Liabilities | 183.98 | 179.92 | 180.85 | 164.11 |
Total Equity | 518.02 | 533.6 | 539.57 | 559.35 |
Period Ending: | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 |
---|---|---|---|---|
Period Length: | 0 Months | 0 Months | 0 Months | 0 Months |
Cash From Operating Activities | -6.84 | -22.87 | 9.6 | -30.6 |
Cash From Investing Activities | -9.55 | 20.27 | -31.72 | -12.58 |
Cash From Financing Activities | -1.24 | -1.95 | 0.191 | 1.4 |
Net Change in Cash | -17.55 | -4.77 | -21.96 | -41.61 |
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