Squarespace, Inc. (SQSP) financial statements (2022 and earlier)

Company profile

Business Address 225 VARICK STREET, 12TH FLOOR
NEW YORK, NY 10014
State of Incorp. DE
Fiscal Year End December 31
SIC 7372 - Prepackaged Software (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

12/31/2021
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments234,703
Cash and cash equivalents203,247
Short-term investments31,456
Restricted cash and investments30,433
Receivables7,969
Prepaid expense38,268
Other current assets6,531
Other undisclosed current assets24,128
Total current assets:342,032
Noncurrent Assets
Property, plant and equipment52,839
Intangible assets, net (including goodwill)495,739
Goodwill435,601
Intangible assets, net (excluding goodwill)60,138
Other noncurrent assets8,939
Total noncurrent assets:557,517
TOTAL ASSETS:899,549
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities89,518
Accounts payable26,533
Accrued liabilities60,861
Taxes payable2,124
Deferred revenue233,999
Debt13,586
Other undisclosed current liabilities30,108
Total current liabilities:367,211
Noncurrent Liabilities
Long-term debt and lease obligation513,047
Long-term debt, excluding current maturities513,047
Liabilities, other than long-term debt422
Other liabilities422
Other undisclosed noncurrent liabilities32,348
Total noncurrent liabilities:545,817
Total liabilities:913,028
Stockholders' equity
Stockholders' equity attributable to parent, including:(13,479)
Additional paid in capital911,570
Accumulated other comprehensive loss(208)
Accumulated deficit(924,855)
Other undisclosed stockholders' equity attributable to parent14
Total stockholders' equity:(13,479)
TOTAL LIABILITIES AND EQUITY:899,549

Income statement (P&L) ($ in thousands)

12/31/2021
Revenues784,038
Cost of revenue(126,631)
Gross profit:657,407
Operating expenses(898,281)
Operating loss:(240,874)
Nonoperating income
(Other Nonoperating income)
6,631
Interest and debt expense(11,081)
Loss from continuing operations before income taxes:(245,324)
Income tax expense(3,825)
Net loss attributable to parent:(249,149)
Preferred stock dividends and other adjustments(969)
Net loss available to common stockholders, diluted:(250,118)

Comprehensive Income ($ in thousands)

12/31/2021
Net loss:(249,149)
Comprehensive loss:(249,149)
Other undisclosed comprehensive loss, net of tax, attributable to parent(2,663)
Comprehensive loss, net of tax, attributable to parent:(251,812)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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