PL: Planet Labs Pbc Financial Statements
Balance sheet, income statement, and cash flow statements for Planet Labs Pbc (PL).
$1.81B Market Cap.
PL Market Cap. (MRY)
PL Shares Outstanding (MRY)
PL Assets (MRY)
Total Assets
$633.80M
Total Liabilities
$192.51M
Total Investments
$109.38M
PL Income (MRY)
Revenue
$244.35M
Net Income
-$123.20M
Operating Expense
$255.85M
PL Cash Flow (MRY)
CF Operations
-$14.37M
CF Investing
$57.91M
CF Financing
-$15.54M
PL Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $633,796,000 (-9.72%) | $701,997,000 (-6.74%) | $752,723,000 (-8.37%) | $821,441,000 (105.72%) |
Assets Current | $302,225,000 (-18.35%) | $370,151,000 (-22.18%) | $475,655,000 (-13.76%) | $551,520,000 (339.71%) |
Assets Non-Current | $331,571,000 (-0.08%) | $331,846,000 (19.77%) | $277,068,000 (2.65%) | $269,921,000 (-1.45%) |
Goodwill & Intangible Assets | $182,775,000 (-0.49%) | $183,677,000 (32.15%) | $138,996,000 (8.43%) | $128,184,000 (20.86%) |
Shareholders Equity | $441,286,000 (-14.81%) | $518,018,000 (-10.08%) | $576,104,000 (-11.13%) | $648,245,000 (502.96%) |
Property Plant & Equipment Net | $141,501,000 (4.22%) | $135,768,000 (5.66%) | $128,494,000 (-3.59%) | $133,280,000 (-16.62%) |
Cash & Equivalents | $124,646,000 (35.15%) | $92,226,000 (-49.44%) | $182,419,000 (-62.83%) | $490,762,000 (589.44%) |
Accumulated Other Comprehensive Income | -$1,097,000 (-168.82%) | $1,594,000 (-29.81%) | $2,271,000 (8.35%) | $2,096,000 (18.49%) |
Deferred Revenue | $93,457,000 (20.40%) | $77,620,000 (41.69%) | $54,782,000 (-19.21%) | $67,812,000 (-6.71%) |
Total Investments | $109,375,000 (-51.39%) | $225,013,000 (-3.23%) | $232,525,000 (3948.84%) | $5,743,000 (15.27%) |
Investments Current | $104,027,000 (-51.62%) | $215,041,000 (-5.21%) | $226,868,000 (0%) | $0 (0%) |
Investments Non-Current | $5,348,000 (-46.37%) | $9,972,000 (76.28%) | $5,657,000 (-1.50%) | $5,743,000 (15.27%) |
Inventory | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Receivables | $55,833,000 (28.89%) | $43,320,000 (11.21%) | $38,952,000 (-12.22%) | $44,373,000 (-5.81%) |
Trade & Non-Trade Payables | $2,604,000 (0.12%) | $2,601,000 (-62.30%) | $6,900,000 (142.11%) | $2,850,000 (97.10%) |
Accumulated Retained Earnings (Deficit) | -$1,203,001,000 (-11.41%) | -$1,079,805,000 (-14.96%) | -$939,296,000 (-20.88%) | -$777,029,000 (-21.43%) |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Debt | $21,613,000 (-13.31%) | $24,930,000 (13.16%) | $22,030,000 (0%) | $0 (0%) |
Debt Current | $9,221,000 (15.58%) | $7,978,000 (63.32%) | $4,885,000 (0%) | $0 (0%) |
Debt Non-Current | $12,392,000 (-26.90%) | $16,952,000 (-1.13%) | $17,145,000 (0%) | $0 (0%) |
Total Liabilities | $192,510,000 (4.64%) | $183,979,000 (4.17%) | $176,619,000 (1.98%) | $173,196,000 (-40.65%) |
Liabilities Current | $142,078,000 (3.97%) | $136,649,000 (11.77%) | $122,257,000 (-7.41%) | $132,041,000 (21.35%) |
Liabilities Non-Current | $50,432,000 (6.55%) | $47,330,000 (-12.94%) | $54,362,000 (32.09%) | $41,155,000 (-77.51%) |
PL Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $244,352,000 (10.72%) | $220,696,000 (15.39%) | $191,256,000 (45.76%) | $131,209,000 (15.94%) |
Cost of Revenue | $104,627,000 (-2.89%) | $107,746,000 (10.80%) | $97,248,000 (17.18%) | $82,987,000 (-5.03%) |
Selling General & Administrative Expense | $154,841,000 (-6.92%) | $166,359,000 (4.78%) | $158,767,000 (44.87%) | $109,589,000 (57.90%) |
Research & Development Expense | $101,006,000 (-13.18%) | $116,339,000 (4.89%) | $110,916,000 (66.33%) | $66,684,000 (52.16%) |
Operating Expenses | $255,847,000 (-9.50%) | $282,698,000 (4.83%) | $269,683,000 (52.99%) | $176,273,000 (55.68%) |
Interest Expense | $0 (0%) | $0 (0%) | $0 (0%) | $8,772,000 (-7.15%) |
Income Tax Expense | $2,460,000 (201.84%) | $815,000 (-3.78%) | $847,000 (-59.86%) | $2,110,000 (96.64%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | -$123,196,000 (12.32%) | -$140,509,000 (13.25%) | -$161,966,000 (-18.12%) | -$137,124,000 (-7.88%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | -$123,196,000 (12.32%) | -$140,509,000 (13.25%) | -$161,966,000 (-18.12%) | -$137,124,000 (-7.88%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | -$123,196,000 (12.32%) | -$140,509,000 (13.25%) | -$161,966,000 (-18.12%) | -$137,124,000 (-7.88%) |
Weighted Average Shares | $292,124,291 (4.48%) | $279,585,698 (4.66%) | $267,126,918 (235.54%) | $79,610,970 (80.06%) |
Weighted Average Shares Diluted | $292,124,291 (4.48%) | $279,585,698 (4.66%) | $267,126,918 (235.54%) | $79,610,970 (80.06%) |
Earning Before Interest & Taxes (EBIT) | -$120,736,000 (13.57%) | -$139,694,000 (13.30%) | -$161,119,000 (-27.63%) | -$126,242,000 (-8.29%) |
Gross Profit | $139,725,000 (23.71%) | $112,950,000 (20.15%) | $94,008,000 (94.95%) | $48,222,000 (87.02%) |
Operating Income | -$116,122,000 (31.59%) | -$169,748,000 (3.37%) | -$175,675,000 (-37.19%) | -$128,051,000 (-46.44%) |
PL Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | $57,906,000 (272.41%) | -$33,586,000 (86.14%) | -$242,263,000 (-863.31%) | -$25,149,000 (18.35%) |
Net Cash Flow from Financing | -$15,535,000 (-872.15%) | -$1,598,000 (-120.33%) | $7,860,000 (-98.39%) | $489,184,000 (482.78%) |
Net Cash Flow from Operations | -$14,374,000 (71.66%) | -$50,711,000 (31.41%) | -$73,933,000 (-75.15%) | -$42,211,000 (-948.20%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $27,796,000 (132.37%) | -$85,878,000 (72.18%) | -$308,738,000 (-173.46%) | $420,274,000 (761.20%) |
Net Cash Flow - Business Acquisitions and Disposals | -$1,068,000 (85.84%) | -$7,542,000 (-97.38%) | -$3,821,000 (60.28%) | -$9,620,000 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $113,678,000 (540.26%) | $17,755,000 (107.89%) | -$225,125,000 (0%) | $0 (0%) |
Capital Expenditure | -$54,404,000 (-28.28%) | -$42,410,000 (-232.37%) | -$12,760,000 (14.54%) | -$14,931,000 (50.44%) |
Issuance (Repayment) of Debt Securities | $0 (0%) | $0 (0%) | $0 (0%) | -$66,950,000 (-180.27%) |
Issuance (Purchase) of Equity Shares | -$6,014,000 (-279.91%) | -$1,583,000 (-118.93%) | $8,364,000 (-98.51%) | $561,732,000 (104117.44%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | -$201,000 (-1282.35%) | $17,000 (104.23%) | -$402,000 (74.06%) | -$1,550,000 (-396.79%) |
Share Based Compensation | $48,485,000 (-15.14%) | $57,132,000 (-24.37%) | $75,544,000 (80.06%) | $41,956,000 (199.43%) |
Depreciation Amortization & Accretion | $45,637,000 (-4.20%) | $47,639,000 (9.94%) | $43,330,000 (-3.80%) | $45,043,000 (-27.60%) |
PL Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 57.20% (11.72%) | 51.20% (4.07%) | 49.20% (33.70%) | 36.80% (61.40%) |
Profit Margin | -50.40% (20.88%) | -63.70% (24.79%) | -84.70% (18.95%) | -104.50% (6.95%) |
EBITDA Margin | -30.70% (26.38%) | -41.70% (32.31%) | -61.60% (0.48%) | -61.90% (-28.96%) |
Return on Average Equity (ROAE) | -26.20% (-0.38%) | -26.10% (2.61%) | -26.80% (26.17%) | -36.30% (53.58%) |
Return on Average Assets (ROAA) | -19.00% (3.55%) | -19.70% (6.64%) | -21.10% (6.22%) | -22.50% (32.43%) |
Return on Sales (ROS) | -49.40% (21.96%) | -63.30% (24.82%) | -84.20% (12.47%) | -96.20% (6.60%) |
Return on Invested Capital (ROIC) | -55.40% (-35.45%) | -40.90% (37.37%) | -65.30% (10.06%) | -72.60% (-53.81%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% |
Price to Earnings Ratio (P/E) | -14.52 (-221.33%) | -4.52 (44.30%) | -8.12 (-128.78%) | -3.55 |
Price to Sales Ratio (P/S) | 7.29 (154.73%) | 2.86 (-58.59%) | 6.91 (86.81%) | 3.7 |
Price to Book Ratio (P/B) | 4.1 (226.77%) | 1.25 (-46.32%) | 2.34 (-5.42%) | 2.47 |
Debt to Equity Ratio (D/E) | 0.44 (22.82%) | 0.35 (15.64%) | 0.31 (14.98%) | 0.27 (-90.16%) |
Earnings Per Share (EPS) | -0.42 (16.00%) | -0.5 (18.03%) | -0.61 (64.53%) | -1.72 (40.07%) |
Sales Per Share (SPS) | 0.84 (5.96%) | 0.79 (10.20%) | 0.72 (-56.55%) | 1.65 (-35.63%) |
Free Cash Flow Per Share (FCFPS) | -0.23 (29.43%) | -0.33 (-2.46%) | -0.33 (54.74%) | -0.72 (6.99%) |
Book Value Per Share (BVPS) | 1.51 (-18.46%) | 1.85 (-14.09%) | 2.16 (-73.51%) | 8.14 (234.83%) |
Tangible Assets Book Value Per Share (TABVPS) | 1.54 (-16.72%) | 1.85 (-19.32%) | 2.3 (-73.61%) | 8.71 (31.30%) |
Enterprise Value Over EBIT (EV/EBIT) | -14 (-250.00%) | -4 (42.86%) | -7 (50.00%) | -14 |
Enterprise Value Over EBITDA (EV/EBITDA) | -22.47 (-265.81%) | -6.14 (37.92%) | -9.89 (53.25%) | -21.16 |
Asset Turnover | 0.38 (21.68%) | 0.31 (23.60%) | 0.25 (16.28%) | 0.21 (-27.61%) |
Current Ratio | 2.13 (-21.48%) | 2.71 (-30.38%) | 3.89 (-6.85%) | 4.18 (262.27%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | -$68,778,000 (26.14%) | -$93,121,000 (-7.41%) | -$86,693,000 (-51.72%) | -$57,142,000 (-67.31%) |
Enterprise Value (EV) | $1,687,353,857 (198.42%) | $565,428,652 (-51.48%) | $1,165,353,018 (-32.18%) | $1,718,408,220 |
Earnings Before Tax (EBT) | -$120,736,000 (13.57%) | -$139,694,000 (13.30%) | -$161,119,000 (-19.34%) | -$135,014,000 (-7.13%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | -$75,099,000 (18.42%) | -$92,055,000 (21.85%) | -$117,789,000 (-45.06%) | -$81,199,000 (-49.34%) |
Invested Capital | $205,910,000 (-34.50%) | $314,375,000 (-5.05%) | $331,081,000 (369.93%) | $70,454,000 (-74.58%) |
Working Capital | $160,147,000 (-31.42%) | $233,502,000 (-33.93%) | $353,398,000 (-15.75%) | $419,479,000 (2425.00%) |
Tangible Asset Value | $451,021,000 (-12.98%) | $518,320,000 (-15.55%) | $613,727,000 (-11.47%) | $693,257,000 (136.41%) |
Market Capitalization | $1,809,923,857 (178.43%) | $650,034,652 (-51.74%) | $1,346,915,018 (-15.95%) | $1,602,472,220 |
Average Equity | $469,865,750 (-12.60%) | $537,633,250 (-10.94%) | $603,655,000 (59.75%) | $377,878,000 (132.43%) |
Average Assets | $649,378,750 (-9.16%) | $714,847,750 (-6.67%) | $765,959,750 (25.49%) | $610,374,500 (60.14%) |
Invested Capital Average | $217,869,500 (-36.14%) | $341,183,250 (38.24%) | $246,799,750 (42.02%) | $173,780,500 (-29.68%) |
Shares | 296,708,829 (3.16%) | 287,625,952 (5.70%) | 272,104,044 (3.58%) | 262,700,364 |
