BigBear.ai reports Q4 2022 revenue up 21% YoY; full year revenue $155M; net loss $121.7M

BigBear.ai Holdings, Inc.

Full year 2022 revenue $155.0M (+6% YoY); Q4 revenue grew 21% YoY.
Net loss $121.7M (includes $53.5M goodwill impairment); Adj EBITDA -$17.1M.
Analytics segment revenue up 19% YoY; gross margin improved to 27.7% from 23.4%.
Closed $25M private placement in Jan 2023; 2023 revenue guidance $155M-$170M.
CEO highlights cost reduction, focus on supply chains, autonomous systems, cyber.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

BigBear.ai Holdings, Inc. reported financial results for the fourth quarter and the year ended December 31, 2022.

Period: the fourth quarter and the year ended December 31, 2022
Result: reported results

Exact text from the filing

On March 13, 2023, BigBear.ai Holdings, Inc. (the “Company”) announced its financial results of operations for the fourth quarter and the year ended December 31, 2022.

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Source: SEC EDGAR

accession 0001628280-23-007709

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