Ibotta: Fourth Quarter Financial Overview

Ibotta Inc. Announces Fourth Quarter Financial Results

Ibotta Inc. (IBTA), headquartered in Denver, disclosed a net loss of $1 million for the fourth quarter, equating to a loss of 4 cents per share.

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

Looking at the full year, Ibotta reported a net income of $3.6 million, or 12 cents per share, with total annual revenue reaching $342.4 million.

For the upcoming year, Ibotta projects its revenue will fall between $78 million and $82 million.