Ibotta: Fourth Quarter Financial Overview

Ibotta Inc. Reports Fourth Quarter Financial Results

Ibotta Inc. (IBTA), headquartered in Denver, announced a net loss of $1 million for the fourth quarter.

This translates to a loss of 4 cents per share for the period.

The company, which specializes in providing digital rewards and cashback offers to consumers, generated $88.5 million in revenue during the quarter.

For the entire fiscal year, Ibotta recorded a profit of $3.6 million, or 12 cents per share, with total revenue reaching $342.4 million.

Looking ahead, Ibotta projects its annual revenue to fall between $78 million and $82 million.