Vanquis Banking Group plc (LON:VANQ)

Vanquis Banking Group Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest and Dividend Income	565.4	556	491.5	473.9	531.9
Total Interest Expense	145.4	113.4	58.8	53	59.9
Net Interest Income	420	442.6	432.7	420.9	472
Commissions and Fees	38.3	44.2	47	60.3	83.5
Other Revenue	2.1	3.7	3.8	0.4	-
Revenue Before Loan Losses	460.4	490.5	483.5	481.6	555.5
Provision for Loan Losses	191	165.5	66.1	50.4	312.6
Revenue	269.4	325	417.4	431.2	242.9
Revenue Growth (YoY)	-17.11%	-22.14%	-3.20%	77.52%	-58.09%
Cost of Services Provided	385.1	317.8	298.3	270.9	222.6
Total Operating Expenses	385.1	317.8	298.3	270.9	222.6
Operating Income	-115.7	7.2	119.1	160.3	20.3
EBT Excluding Unusual Items	-115.7	7.2	119.1	160.3	20.3
Restructuring Charges	-14.1	-10.7	-5.3	-11.5	8.3
Other Unusual Items	-1.3	-1.4	-3.7	-6.6	-65.6
Pretax Income	-136.3	-12	110.1	142.2	-37
Income Tax Expense	-17	-0.3	27.8	7.6	-
Earnings From Continuing Ops.	-119.3	-11.7	82.3	134.6	-37
Earnings From Discontinued Ops.	-	-	-4.9	-166.7	-46.4
Net Income	-119.3	-11.7	77.4	-32.1	-83.4
Net Income to Common	-119.3	-11.7	77.4	-32.1	-83.4
Shares Outstanding (Basic)	256	253	251	251	254
Shares Outstanding (Diluted)	256	253	254	252	254
Shares Change (YoY)	0.99%	-0.28%	0.68%	-0.63%	-0.67%
EPS (Basic)	-0.47	-0.05	0.31	-0.13	-0.33
EPS (Diluted)	-0.47	-0.05	0.30	-0.13	-0.33
Free Cash Flow	438	581.4	-208.5	161.8	358
Free Cash Flow Per Share	1.71	2.30	-0.82	0.64	1.41
Dividend Per Share	-	0.060	0.153	0.120	-
Dividend Growth	-	-60.78%	27.50%	-	-
Operating Margin	-42.95%	2.21%	28.53%	37.18%	8.36%
Profit Margin	-44.28%	-3.60%	18.54%	-7.44%	-34.34%
Free Cash Flow Margin	162.58%	178.89%	-49.95%	37.52%	147.39%
Effective Tax Rate	-	-	25.25%	5.34%	-
Revenue as Reported	-	-	-	-	615.4

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