biote Corp.

Annual Trend FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Revenue
Cost of revenue
Selling, general, and administrative $49.1m $165.5m $98.8m $107.5m $101.8m
Income from operations ($3.3m) ($60.7m) $28.7m $31.6m $35.6m
Gain (loss) from change in fair value of earnout liabilities $61.8m ($9.0m) ($19.6m) $13.0m
Foreign currency translation adjustments ($17k) ($1k) $8k ($15k) $6k
Other comprehensive income (loss) ($17k) ($1k) $8k ($15k) $6k
Comprehensive income attributable to biote Corp. stockholders $32.6m $1.3m ($2.8m) $31k $31.6m
Income before provision for income taxes $32.9m $1.7m ($123k) $1.0m $37.6m
Net income $32.6m $1.3m ($2.8m) $46k $31.6m
Net income attributable to biote Corp. stockholders $11.1m ($969k) $3.3m $3.2m $27.0m
Less: Net income (loss) attributable to noncontrolling interest $2.3m ($6.1m) ($3.1m) $4.6m
Basic $0.66 ($0.12) $0.13 $0.09 $0.86
Diluted $0.64 ($0.12) $0.13 $0.09 $0.74
Interest expense, net ($1.7m) ($5.1m) ($6.4m) ($11.0m) ($11.0m)
Other income (expense), net $29k ($16k) $11k ($29k)
Income tax expense $286k $388k $2.7m $970k $6.0m
Total other income (expense), net ($1.7m) $62.4m ($28.8m) ($30.6m) $2.0m