Filing Flows › Creatd (CRTD) › Q3 2023 › vs Q3 2022
Creatd (CRTD) Q3 2023 vs Q3 2022 (year over year)
Creatd's revenue fell $585K (-57%) from $1.0M in Q3 2022 to $438K in Q3 2023. The biggest changes: Creatd Ventures −$278K (-88%); Creatd Partners −$259K (-63%); Creatd Labs −$48K (-16%).
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 Q3 2022, the increases inside each band.
Every line
| Line | Q3 2023 | Q3 2022 | Change | % |
|---|---|---|---|---|
| Creatd Labs | $243K | $291K | −$48K | -16% |
| Creatd Partners | $155K | $415K | −$259K | -63% |
| Creatd Ventures | $39K | $317K | −$278K | -88% |
| Revenue | $438K | $1.0M | −$585K | -57% |
| Net loss | $2.9M | $9.5M | −$6.6M | -69% |
| Costs & expenses | $3.4M | $10.5M | −$7.2M | -68% |
| Operating costs | $2.4M | $7.0M | −$4.6M | -66% |
| Interest & other, net | $996K | $3.5M | −$2.6M | -72% |
| Cost of revenue | $360K | $1.4M | −$1.0M | -74% |
| Research & development | $543K | $235K | $308K | +131% |
| Sales & marketing | $62K | $647K | −$585K | -90% |
| General & admin | $657K | $2.1M | −$1.4M | -69% |
| Other operating costs | $739K | $2.6M | −$1.9M | -72% |
| Operating cash sources | $2.9M | $9.5M | −$6.6M | -69% |
| Depreciation & amortization | $46K | $158K | −$112K | -71% |
| Share-based compensation | $398K | $627K | −$229K | -37% |
| Working capital & other | $2.3M | $5.5M | −$3.2M | -59% |
| Cash used in operations | $194K | $3.2M | −$3.0M | -94% |
| Net loss absorbed | $2.9M | $9.5M | −$6.6M | -69% |
Questions
How much did Creatd's revenue grow year over year in Q3 2023?
Creatd's revenue fell $585K (-57%) from $1.0M in Q3 2022 to $438K in Q3 2023.
What drove Creatd's revenue change in Q3 2023?
Creatd Ventures −$278K (-88%); Creatd Partners −$259K (-63%); Creatd Labs −$48K (-16%).