Splunk Inc Income Statement - Real Clear Investing - You World of Transparent Investing

Selected Year:

31-Jan
2021

Gross receipts in the form of cash (great!) and promises to pay (Account Receivables - not so great as some of them will never be collected but reality of business!) from all its customers

100%

	2011 31-Jan	2012 31-Jan	2013 31-Jan	2014 31-Jan	2015 31-Jan	2016 31-Jan	2017 31-Jan	2018 31-Jan	2019 31-Jan	2020 31-Jan	Selected Year: 2021 31-Jan	Last Twelve Months LTM 2021 31-Jan	Last Quarter Annualized LQA 2021 31-Jan
License revenue	45,679	45,679	45,679	45,679	45,679	45,679	45,679	741,302	1,030,277	1,373,367	971,378	971,378	1,623,816
Maintenance and professional services	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	567,830	601,533	673,201	703,875	703,875	670,912
Cloud services	-	-	-	-	-	-	-	-	171,200	312,358	554,132	554,132	685,584
Total Revenue	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$1,309,132	$1,803,010	$2,358,926	$2,229,385	$2,229,385	$2,980,312

Selected Year:

31-Jan
2021

Cost (labor, materials, depreciation, overhead, etc) for delivering service or manufacturing a product that business sells

135.0%

	2011 31-Jan	2012 31-Jan	2013 31-Jan	2014 31-Jan	2015 31-Jan	2016 31-Jan	2017 31-Jan	2018 31-Jan	2019 31-Jan	2020 31-Jan	Selected Year: 2021 31-Jan	Last Twelve Months LTM 2021 31-Jan	Last Quarter Annualized LQA 2021 31-Jan
License costs	45,679	45,679	45,679	45,679	45,679	45,679	45,679	13,398	22,527	24,116	20,864	20,864	17,260
Maintenance and services	45,679	45,679	45,679	45,679	45,679	45,679	45,679	243,011	209,703	244,162	274,191	274,191	279,452
Cloud services	-	-	-	-	-	-	-	-	112,446	161,510	252,290	252,290	302,872
Total cost of revenue	45,679	45,679	45,679	45,679	45,679	45,679	45,679	256,409	344,676	429,788	547,345	547,345	599,584
Gross profit	45,679	45,679	45,679	45,679	45,679	45,679	45,679	$1,052,723	$1,458,334	$1,929,138	$1,682,040	$1,682,040	$2,380,728
Sales and marketing	45,679	45,679	45,679	45,679	45,679	45,679	45,679	777,876	1,029,950	1,263,873	1,336,056	1,336,056	1,479,996
Research and development	45,679	45,679	45,679	45,679	45,679	45,679	45,679	301,114	441,969	619,800	791,026	791,026	845,532
General and administrative	45,679	45,679	45,679	45,679	45,679	45,679	45,679	159,143	237,588	332,602	335,144	335,144	401,592
Total operating expenses	45,679	45,679	45,679	45,679	45,679	45,679	45,679	1,238,133	1,709,507	2,216,275	2,462,226	2,462,226	2,727,120

Selected Year:

31-Jan
2021

Income after excluding Operating Expenses from Total Revenue

35.0%

Key metric that shows earnings potential of the company's business model

	2011 31-Jan	2012 31-Jan	2013 31-Jan	2014 31-Jan	2015 31-Jan	2016 31-Jan	2017 31-Jan	2018 31-Jan	2019 31-Jan	2020 31-Jan	Selected Year: 2021 31-Jan	Last Twelve Months LTM 2021 31-Jan	Last Quarter Annualized LQA 2021 31-Jan
Operating income	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	($185,410)	($251,173)	($287,137)	($780,186)	($780,186)	($346,392)

Selected Year:

31-Jan
2021

Cost usually unrelated to delivering service or manufacturing a product that business sells

0.5%

	2011 31-Jan	2012 31-Jan	2013 31-Jan	2014 31-Jan	2015 31-Jan	2016 31-Jan	2017 31-Jan	2018 31-Jan	2019 31-Jan	2020 31-Jan	Selected Year:	Last Twelve Months LTM 2021 31-Jan	Last Quarter Annualized LQA 2021 31-Jan
Change in fair value of preferred stock warrant liability	45,679	45,679	45,679	-	-	-	-	-	-	-	-	-	-
Other expense or income	-	45,679	45,679	45,679	45,679	45,679	45,679	(3,600)	(1,513)	(2,407)	(11,636)	(11,636)	(64,676)
Total non-operating income (expense)	45,679	45,679	45,679	45,679	45,679	45,679	45,679	(3,600)	(1,513)	(2,407)	(11,636)	(11,636)	(64,676)

Selected Year:

31-Jan
2021

Income after excluding Operating and Non-operating Expenses from Total Revenue

35.5%

Another income metric but unlike Operating Income it is closer to the ultimate income metric - Net Income by removing expenses that are not related to earning Revenue as they are supposed to be accidental and transitory

	2011 31-Jan	2012 31-Jan	2013 31-Jan	2014 31-Jan	2015 31-Jan	2016 31-Jan	2017 31-Jan	2018 31-Jan	2019 31-Jan	2020 31-Jan	Selected Year: 2021 31-Jan	Last Twelve Months LTM 2021 31-Jan	Last Quarter Annualized LQA 2021 31-Jan
EBIT	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	($189,010)	($252,686)	($289,544)	($791,822)	($791,822)	($411,068)

Selected Year:

31-Jan
2021

Expenses driven mostly by company management's choices, nature of business (capital intensive vs not) about financing (debt vs equity) and legal structure

5.2%

	2011 31-Jan	2012 31-Jan	2013 31-Jan	2014 31-Jan	2015 31-Jan	2016 31-Jan	2017 31-Jan	2018 31-Jan	2019 31-Jan	2020 31-Jan	Selected Year: 2021 31-Jan	Last Twelve Months LTM 2021 31-Jan	Last Quarter Annualized LQA 2021 31-Jan
Interest expense and income	45,679	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense (income)	-	45,679	-	-	45,679	45,679	-	-	-	-	-	-	-
Interest expense	-	-	-	-	-	-	45,679	(8,794)	(41,963)	(96,249)	(123,076)	(123,076)	(138,076)
Interest income	-	-	45,679	45,679	-	-	45,679	8,943	31,458	54,142	13,850	13,850	5,648
Total interest and other income or expenses	-	45,679	45,679	45,679	45,679	45,679	45,679	(3,451)	(12,018)	(44,514)	(120,862)	(120,862)	(197,104)
Total other expense or income	45,679	-	-	-	-	-	-	-	-	-	-	-	-
Income before income taxes	45,679	45,679	45,679	45,679	45,679	45,679	45,679	(188,861)	(263,191)	(331,651)	(901,048)	(901,048)	(543,496)
Income tax expense or benefit	45,679	45,679	45,679	45,679	45,679	45,679	45,679	1,357	12,386	5,017	6,932	6,932	14,696

Selected Year:

31-Jan
2021

Ultimate measure of Income - Net result after excluding all expenses from Total Revenue

40.7%

It is a residue that is left from Total Revenue after paying all kind of expenses and belongs to all equity holders in the company. Some of these shareholders such Non-controlling interest or Preferred equity gets their share before Common shareholders

	2011 31-Jan	2012 31-Jan	2013 31-Jan	2014 31-Jan	2015 31-Jan	2016 31-Jan	2017 31-Jan	2018 31-Jan	2019 31-Jan	2020 31-Jan	Selected Year: 2021 31-Jan	Last Twelve Months LTM 2021 31-Jan	Last Quarter Annualized LQA 2021 31-Jan
Net income (loss)	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	($190,218)	($275,577)	($336,668)	($907,980)	($907,980)	($558,192)

Basic shares outstanding as of certain dates reported by Company on its annual and quarterly filings, these numbers are NOT used calculation of basic EPS. They help to see share issuance by company in perspective

	2011 31-Jan	2012 31-Jan	2013 25-Mar	2014 24-Mar	2015 23-Mar	2016 23-Mar	2017 21-Mar	2018 22-Mar	2019 18-Mar	2020 19-Mar	2021 19-Mar	2021 19-Mar	2021 19-Mar
Common	-	-	45,678,795	45,678,795	45,678,795	45,678,795	45,678,795	144,033,697	150,074,503	158,619,718	163,839,113	163,839,113	163,839,113

Selected Year:

31-Jan
2021

Net Income / Shares Outstanding = EPS before dilution or Basic EPS; Net Income/ ( Shares Outstanding + potentially available shares from conversion of various option instruments)

	2011 31-Jan	2012 31-Jan	2013 31-Jan	2014 31-Jan	2015 31-Jan	2016 31-Jan	2017 31-Jan	2018 31-Jan	2019 31-Jan	2020 31-Jan	Selected Year: 2021 31-Jan	Last Twelve Months LTM 2021 31-Jan	Last Quarter Annualized LQA 2021 31-Jan
Net Income per basic share	$45,678,795.00	$45,678,795.00	$45,678,795.00	$45,678,795.00	$45,678,795.00	$45,678,795.00	$45,678,795.00	($1.36)	($1.89)	($2.22)	($5.68)	($5.68)	($14.40)
Net Income per diluted share	$45,678,795.00	$45,678,795.00	$45,678,795.00	$45,678,795.00	$45,678,795.00	$45,678,795.00	$45,678,795.00	($1.36)	($1.89)	($2.22)	($5.68)	($5.68)	($14.40)

Splunk Inc

Short Description

Income Statement

License revenue

Maintenance and professional services

Cloud services

Sales and marketing

Research and development

General and administrative

Maintenance and services

Cloud services

License costs

Operating Income

Other expense or income

EBIT

Interest income

Income tax expense or benefit

Interest expense

Net income (loss)