Vanquis Banking Group Income Statement

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

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Interest and Dividend Income	564.3	565.4	556	491.5	473.9	531.9
Total Interest Expense	149.4	145.4	113.4	58.8	53	59.9
Net Interest Income	414.9	420	442.6	432.7	420.9	472
Commissions and Fees	36.6	38.3	44.2	47	60.3	83.5
Other Revenue	2.5	2.1	3.7	3.8	0.4	-
Revenue Before Loan Losses	454	460.4	490.5	483.5	481.6	555.5
Provision for Loan Losses	176.5	191	165.5	66.1	50.4	312.6
Revenue	277.5	269.4	325	417.4	431.2	242.9
Revenue Growth (YoY)	-13.71%	-17.11%	-22.14%	-3.20%	77.52%	-58.09%
Cost of Services Provided	369	385.1	317.8	298.3	270.9	222.6
Total Operating Expenses	369	385.1	317.8	298.3	270.9	222.6
Operating Income	-91.5	-115.7	7.2	119.1	160.3	20.3
EBT Excluding Unusual Items	-91.5	-115.7	7.2	119.1	160.3	20.3
Restructuring Charges	1.4	-14.1	-10.7	-5.3	-11.5	8.3
Other Unusual Items	-1.3	-1.3	-1.4	-3.7	-6.6	-65.6
Pretax Income	-84	-136.3	-12	110.1	142.2	-37
Income Tax Expense	-5.1	-17	-0.3	27.8	7.6	-
Earnings From Continuing Ops.	-78.9	-119.3	-11.7	82.3	134.6	-37
Earnings From Discontinued Ops.	1	-	-	-4.9	-166.7	-46.4
Net Income	-77.9	-119.3	-11.7	77.4	-32.1	-83.4
Net Income to Common	-77.9	-119.3	-11.7	77.4	-32.1	-83.4
Shares Outstanding (Basic)	255	256	253	251	251	254
Shares Outstanding (Diluted)	255	256	253	254	252	254
Shares Change (YoY)	0.22%	0.99%	-0.28%	0.68%	-0.63%	-0.67%
EPS (Basic)	-0.31	-0.47	-0.05	0.31	-0.13	-0.33
EPS (Diluted)	-0.31	-0.47	-0.05	0.30	-0.13	-0.33
Free Cash Flow	211.6	438	581.4	-208.5	161.8	358
Free Cash Flow Per Share	0.83	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	-32.97%	-42.95%	2.21%	28.53%	37.18%	8.36%
Profit Margin	-28.07%	-44.28%	-3.60%	18.54%	-7.44%	-34.34%
Free Cash Flow Margin	76.25%	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.