ContextLogic Inc. financial data

Symbol
WISH on Nasdaq
Industry
Retail-Catalog & Mail-Order Houses
Location
2648 International Blvd., Suite 115, Oakland, California
State of incorporation
Delaware
Fiscal year end
December 31
Latest financial report
Q1 2024 - May 8, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 222 % -17.7%
Debt-to-equity 86 % +43.2%
Return On Equity -116 % -50.5%
Return On Assets -62.4 % -29.5%
Operating Margin -127 % -41.4%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 24.5 M shares +3.94%
Common Stock, Shares, Outstanding 24.4 M shares +5.33%
Entity Public Float 174 M USD -76.9%
Weighted Average Number of Shares Outstanding, Basic 24.3 M shares +4.6%
Weighted Average Number of Shares Outstanding, Diluted 24.3 M shares +4.6%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 227 M USD -52.5%
Cost of Revenue 182 M USD -48.9%
Research and Development Expense 123 M USD -31.3%
Selling and Marketing Expense 121 M USD -50.8%
General and Administrative Expense 89 M USD -29.4%
Operating Income (Loss) -288 M USD +32.9%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -276 M USD +33%
Income Tax Expense (Benefit) 11 M USD
Net Income (Loss) Attributable to Parent -287 M USD +30.5%
Earnings Per Share, Basic -12 USD/shares +34.4%
Earnings Per Share, Diluted -12 USD/shares +34.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 250 M USD -32.6%
Marketable Securities, Current 55 M USD -78.5%
Assets, Current 331 M USD -50.7%
Property, Plant and Equipment, Net 3 M USD -70%
Operating Lease, Right-of-Use Asset 5 M USD -37.5%
Other Assets, Noncurrent 3 M USD -25%
Assets 342 M USD -50.6%
Accounts Payable, Current 17 M USD -58.5%
Accrued Liabilities, Current 79 M USD -31.3%
Liabilities, Current 164 M USD -39.5%
Operating Lease, Liability, Noncurrent 4 M USD -63.6%
Other Liabilities, Noncurrent 10 M USD
Liabilities 178 M USD -36.9%
Accumulated Other Comprehensive Income (Loss), Net of Tax -9 M USD -80%
Retained Earnings (Accumulated Deficit) -3.31 B USD -9.51%
Stockholders' Equity Attributable to Parent 164 M USD -60.1%
Liabilities and Equity 342 M USD -50.6%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -75 M USD +18.5%
Net Cash Provided by (Used in) Financing Activities -1 M USD +66.7%
Net Cash Provided by (Used in) Investing Activities 90 M USD
Common Stock, Shares Authorized 3 B shares 0%
Common Stock, Shares, Issued 24.4 M shares +4.53%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 12 M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 250 M USD -34%
Deferred Tax Assets, Valuation Allowance 669 M USD +10.2%
Deferred Tax Assets, Gross 671 M USD +10.2%
Operating Lease, Liability 11 M USD -38.9%
Payments to Acquire Property, Plant, and Equipment 2 M USD
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -291 M USD +30.7%
Lessee, Operating Lease, Liability, to be Paid 12 M USD -40%
Operating Lease, Liability, Current 7 M USD 0%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1 M USD -75%
Lessee, Operating Lease, Liability, to be Paid, Year One 4 M USD -50%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1 M USD -50%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1 M USD 0%
Deferred Tax Assets, Operating Loss Carryforwards 609 M USD +9.14%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 100 M shares 0%
Unrecognized Tax Benefits 4 M USD -63.6%
Lessee, Operating Lease, Liability, to be Paid, Year Four 1 M USD 0%
Operating Lease, Payments 2 M USD 0%
Additional Paid in Capital 3.48 B USD +1.28%
Preferred Stock, Shares Outstanding 0 shares
Depreciation, Depletion and Amortization 1 M USD 0%
Deferred Tax Assets, Net of Valuation Allowance 2 M USD 0%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%