Filing Flows › Creatd (CRTD) › Q3 2023 › vs Q2 2023
Creatd (CRTD) Q3 2023 vs Q2 2023 (quarter over quarter)
Creatd's revenue fell $262K (-37%) from $699K in Q2 2023 to $438K in Q3 2023.
Creatd, Q3 2023: revenue $438K (-57% year over year), operating margin -439.1%, net loss $2.9M, operating cash flow −$194K. The chart draws each line against Q2 2023, the increases inside each band.
Every line
| Line | Q3 2023 | Q2 2023 | Change | % |
|---|---|---|---|---|
| Revenue | $438K | $699K | −$262K | -37% |
| Net loss | $2.9M | $4.5M | −$1.5M | -35% |
| Costs & expenses | $3.4M | $5.2M | −$1.8M | -35% |
| Operating costs | $2.4M | $3.4M | −$1.1M | -31% |
| Interest & other, net | $996K | $1.8M | −$757K | -43% |
| Cost of revenue | $360K | $438K | −$78K | -18% |
| Research & development | $543K | $46K | $497K | 12× |
| Sales & marketing | $62K | $372K | −$310K | -83% |
| General & admin | $657K | $1.3M | −$620K | -49% |
| Other operating costs | $739K | $1.3M | −$540K | -42% |
| Operating cash sources | $2.9M | $4.5M | −$1.5M | -35% |
| Depreciation & amortization | $46K | $63K | −$16K | -26% |
| Share-based compensation | $398K | $558K | −$160K | -29% |
| Working capital & other | $2.3M | $3.5M | −$1.2M | -35% |
| Cash used in operations | $194K | $333K | −$139K | -42% |
| Net loss absorbed | $2.9M | $4.5M | −$1.5M | -35% |
Questions
How much did Creatd's revenue grow quarter over quarter in Q3 2023?
Creatd's revenue fell $262K (-37%) from $699K in Q2 2023 to $438K in Q3 2023.