NewtekOne Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	66.7	85.78	86.06	13.7	11.31
Other Revenue	316.63	252.95	185.09	117.8	156.97
Revenue	383.33	338.73	271.15	131.5	168.28
Revenue Growth (YoY)	13.17%	24.93%	106.20%	-21.86%	82.51%
Cost of Revenue	56.54	58.36	44.3	-	-
Gross Profit	326.79	280.38	226.84	131.5	168.28
Selling, General & Admin	128.87	115.02	100.94	32.69	30.93
Operating Expenses	129.54	116.8	103.83	32.93	31.23
Operating Income	197.25	163.58	123.02	98.56	137.04
Interest Expense	-98.53	-81.11	-67.74	-26.33	-20.52
Other Non Operating Income (Expenses)	-18.57	-13.77	-9.43	-30.75	-29.51
EBT Excluding Unusual Items	80.16	68.69	45.84	41.49	87.02
Merger & Restructuring Charges	-	-	-0.2	-2.3	-
Other Unusual Items	-0.18	-	-0.27	-0.42	-1.55
Pretax Income	79.98	68.69	45.37	38.78	85.47
Income Tax Expense	19.47	17.84	-1.96	6.46	1.33
Net Income	60.51	50.85	47.33	32.31	84.14
Preferred Dividends & Other Adjustments	2.34	1.6	1.45	-	-
Net Income to Common	58.18	49.25	45.88	32.31	84.14
Net Income Growth	18.99%	7.45%	46.48%	-61.60%	150.28%
Shares Outstanding (Basic)	26	25	24	24	23
Shares Outstanding (Diluted)	27	25	24	24	23
Shares Change (YoY)	5.96%	3.44%	0.62%	6.16%	7.80%
EPS (Basic)	2.21	1.97	1.89	1.34	3.69
EPS (Diluted)	2.18	1.96	1.88	1.34	3.69
EPS Growth	11.22%	4.25%	40.79%	-63.81%	132.10%
Free Cash Flow	-	-153.45	-169.68	-62.43	140.92
Free Cash Flow Per Share	-	-6.09	-6.97	-2.58	6.18
Dividend Per Share	0.760	0.760	0.720	2.750	3.150
Dividend Growth	-	5.56%	-73.82%	-12.70%	53.43%
Gross Margin	85.25%	82.77%	83.66%	100.00%	100.00%
Operating Margin	51.46%	48.29%	45.37%	74.96%	81.44%
Profit Margin	15.18%	14.54%	16.92%	24.57%	50.00%
Free Cash Flow Margin	-	-45.30%	-62.58%	-47.48%	83.75%
EBITDA	197.98	165.36	125.9	98.8	137.35
EBITDA Margin	51.65%	48.82%	46.43%	75.14%	81.62%
D&A For EBITDA	0.73	1.78	2.88	0.24	0.3
EBIT	197.25	163.58	123.02	98.56	137.04
EBIT Margin	51.46%	48.29%	45.37%	74.96%	81.44%
Effective Tax Rate	24.34%	25.97%	-	16.67%	1.55%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.