Financial Statements

23andMe Holding Co. (ME)

$4.63

-0.49 (-9.57%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2022 2021
Retained Earnings (Previous Year) -977-
Net Income -217-184
Stock Dividends --794
Dividend Paid --
Retained Earnings -1,195-977

PPE Schedule

Year 2022 2021
Gross PPE 124-
Annual Depreciation -10131
Capital Expenditure -8-7
Net PPE 105124

Intangible and Goodwill Schedule

Year 2022 2021
Intangible and Goodwill (Previous Year) --
New Purchases --
Intangible and Goodwill -352

23andMe Holding Co. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes 23andMe Holding Co. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.