VIEW · View, Inc. - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Annual Quarterly

Income Statement

Line item	FY 2022	FY 2021
Revenue	$101.33M	$32.93M
Cost of Revenue	$186.22M	$120.63M
Gross Profit	($84.89M)	($87.71M)
R&D	$70.32M	$68.82M
SG&A	$159.69M	$73.96M
Total Operating Expenses	$442.26M	$263.41M
D&A	$23.95M	$24.96M
Operating Income	($340.93M)	($230.49M)
Interest Expense	-	$26.82M
Income Tax	$147.0K	$40.0K
Net Income	($337.09M)	($342.98M)
EPS - Basic	($1.56)	($148.81)
EPS - Diluted	($1.56)	($148.81)

Balance Sheet

Line item	FY 2022	FY 2021
Cash & Equivalents	$95.86M	$281.08M
Accounts Receivable	$42.41M	$30.61M
Inventory	$17.37M	$10.27M
Accounts Payable	$21.10M	$24.19M
Current Assets	$296.22M	$343.53M
Total Assets	$619.03M	$679.07M
Current Liabilities	$112.51M	$104.61M
Long-term Debt	$218.84M	$13.96M
Total Liabilities	$398.53M	$199.73M
Stockholders' Equity	$220.49M	$479.34M
Retained Earnings	($2.59B)	($2.26B)

Cash Flow

Line item	FY 2022	FY 2021
Operating Cash Flow	($259.69M)	($234.01M)
Investing Cash Flow	($124.39M)	($4.77M)
Financing Cash Flow	$200.70M	$96.48M
CapEx	$15.77M	$37.64M
Free Cash Flow	($275.46M)	($271.65M)

Ratios

Metric	FY 2022	FY 2021
Profitability
Gross margin	-83.8%	-266.4%
Operating margin	-336.5%	-700.0%
EBITDA margin	-312.8%	-624.2%
Net margin	-332.7%	-1041.7%
Free cash flow margin	-271.8%	-825.0%
FCF / Net income	0.82	0.79
R&D / Revenue	69.4%	209.0%
SG&A / Revenue	157.6%	224.6%
Effective tax rate	-	-
Return on assets	-54.5%	-50.5%
Return on equity	-152.9%	-71.6%
Return on invested capital	-61.3%	-36.9%
Liquidity
Current ratio	2.63	3.28
Quick ratio	2.48	3.19
Cash ratio	0.85	2.69
Leverage
Debt / Equity	0.99	0.03
Debt / Assets	0.35	0.02
Debt / EBITDA	-	-
Interest coverage	-	-8.6x
Equity multiplier	2.81	1.42
Liabilities / Assets	0.64	0.29
Efficiency
Asset turnover	0.16	0.05
Inventory turnover	10.72	11.75
Days sales outstanding	153d	339d
Days inventory outstanding	34d	31d
Days payable outstanding	41d	73d
Cash conversion cycle	145d	297d
Valuation
P / E	-	-
P / B	-	-
P / S	-	-
EV / EBITDA	-	-
Growth
Revenue growth (YoY)	207.7%	-
Revenue CAGR (3y)	-	-
Revenue CAGR (5y)	-	-
Gross profit growth (YoY)	3.2%	-
Operating income growth (YoY)	-47.9%	-
Net income growth (YoY)	1.7%	-
EPS growth (YoY)	99.0%	-
EPS CAGR (3y)	-	-
EPS CAGR (5y)	-	-
FCF growth (YoY)	-1.4%	-
FCF CAGR (5y)	-	-
Book value growth (YoY)	-54.0%	-

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2021-12-31.

Product / service

$148.01M total

Product$69.78M · 47.1%

Smart Glass$41.74M · 28.2%

Smart Building Platform$28.69M · 19.4%

Service$4.23M · 2.9%

Smart Building Technologies$3.58M · 2.4%

Geographic

$74.01M total

US$63.52M · 85.8%

CA$9.55M · 12.9%

Others$933.0K · 1.3%

Stability scores

Altman Z′

FY 2022 · bankruptcy risk

-4.65

Distress

Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.

Piotroski F-score

FY 2022 · 9-point quality

3/9

Weak

✗Net income positive
✗Operating cash flow positive
✗ROA improved YoY
✓Cash flow > net income
✗Long-term debt decreased
✗Current ratio improved
✗No share dilution
✓Gross margin improved
✓Asset turnover improved

Peer comparison

Same SIC group: Flat Glass

Company	Revenue (last FY)	Net margin	ROE
TGLS	$983.61M	16.2%	22.4%

Comparing View against the 1 most active filer in the same SIC group.