Bayport Management Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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
Interest and Dividend Income	269.32	273.95	256.88	371.96	371.82	354.21
Total Interest Expense	165.45	165.45	171.07	219.18	191	171.72
Net Interest Income	103.87	108.5	85.8	152.79	180.82	182.5
Gain (Loss) on Sale of Investments	-	-	-	-	2.79	-
Other Revenue	9.6	2.54	4.4	15.11	14.4	12.32
Revenue Before Loan Losses	113.48	111.04	90.2	167.89	198.02	194.81
Provision for Loan Losses	11.9	11.9	14.42	14.06	16.2	18.91
Revenue	101.57	99.13	75.79	153.84	181.81	175.91
Revenue Growth (YoY)	-0.18%	30.80%	-50.73%	-15.39%	3.36%	-0.98%
Salaries & Employee Benefits	34.17	34.17	31.99	38.98	44.47	53.05
Cost of Services Provided	41.88	40.91	55.78	59.44	56.68	56.49
Other Operating Expenses	-4.95	0.47	1.25	6.25	12.13	4.03
Total Operating Expenses	79.65	84.11	97.78	114.71	123.54	125.14
Operating Income	21.92	15.03	-21.99	39.12	58.28	50.77
Earnings From Equity Investments	-9.19	-9.04	-1.31	-1.23	-0.22	-0.5
Currency Exchange Gain (Loss)	2.38	2.97	-3.55	-2.2	-0.27	-2.31
EBT Excluding Unusual Items	12.7	6.55	-28.76	31.12	53.79	44.28
Gain (Loss) on Sale of Investments	-	-	-	-	-	0.16
Impairment of Goodwill	-1.86	-1.86	-	-0.36	-	-
Other Unusual Items	-	-	-	-	-16.84	-
Pretax Income	-0.3	-5.54	-37.85	30.76	36.97	44.35
Income Tax Expense	43.22	41.05	25.35	24.31	33.63	28.09
Earnings From Continuing Ops.	-43.51	-46.59	-63.2	6.45	3.34	16.26
Earnings From Discontinued Ops.	-98.66	-98.94	-19.27	-	-	-
Net Income to Company	-142.17	-145.53	-82.47	6.45	3.34	16.26
Minority Interest in Earnings	-2.53	-2.09	-1.09	-1.01	-1.95	-3.63
Net Income	-144.7	-147.62	-83.56	5.44	1.39	12.63
Net Income to Common	-144.7	-147.62	-83.56	5.44	1.39	12.63
Net Income Growth	-	-	-	290.68%	-88.98%	-47.36%
Shares Outstanding (Basic)	34	34	34	34	34	34
Shares Outstanding (Diluted)	34	35	35	35	35	35
Shares Change (YoY)	-	-0.25%	0.04%	0.08%	-0.28%	-0.36%
EPS (Basic)	-4.20	-4.29	-2.43	0.16	0.04	0.37
EPS (Diluted)	-4.20	-4.29	-2.43	0.16	0.04	0.36
EPS Growth	-	-	-	294.91%	-88.89%	-47.83%
Free Cash Flow	115.67	120.5	32.78	-42.7	-33.3	18.21
Free Cash Flow Per Share	3.36	3.48	0.94	-1.23	-0.96	0.52
Operating Margin	21.58%	15.16%	-29.02%	25.43%	32.05%	28.86%
Profit Margin	-142.46%	-148.91%	-110.26%	3.54%	0.77%	7.18%
Free Cash Flow Margin	113.88%	121.55%	43.25%	-27.76%	-18.32%	10.35%
Effective Tax Rate	-	-	-	79.02%	90.97%	63.34%

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