Western Capital Resources, Inc. (WCRS)

Western Capital Resources Income Statement

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

Fiscal Year	TTM	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period Ending	Mar 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017
Operating Revenue	138.65	137	123.59	91.77	88.9	92.59
Other Revenue	27.76	27.15	26.37	25.15	25.37	28.93
Revenue	166.41	164.15	149.96	116.91	114.26	121.52
Revenue Growth (YoY)	5.00%	9.46%	28.26%	2.32%	-5.97%	29.29%
Cost of Revenue	79.92	79.94	70.8	51.02	48.86	48.86
Gross Profit	86.49	84.2	79.16	65.9	65.4	72.66
Selling, General & Admin	56.43	54.94	52.03	51.19	54.47	57.37
Amortization of Goodwill & Intangibles	1.07	0.84	0.7	0.7	0.79	0.53
Other Operating Expenses	10.35	10.08	10.45	8.37	9.09	10.48
Operating Expenses	69.45	67.47	65.06	62.07	66.25	70.19
Operating Income	17.04	16.73	14.09	3.82	-0.85	2.46
Interest Expense	-0.07	-0.06	-0.2	-0.12	-0.19	-0.3
Interest & Investment Income	0.05	0.06	0.31	0.73	0.63	0.24
EBT Excluding Unusual Items	17.01	16.73	14.2	4.44	-0.41	2.4
Gain (Loss) on Sale of Assets	0.01	-0.01	-0.92	-0.08	-1.73	-
Pretax Income	17.02	16.71	13.29	4.36	-2.14	2.4
Income Tax Expense	3.52	3.47	2.88	0.91	-0.62	0.73
Earnings From Continuing Operations	13.5	13.24	10.4	3.46	-1.52	1.67
Earnings From Discontinued Operations	-	-	-	-	-	36.29
Net Income to Company	13.5	13.24	10.4	3.46	-1.52	37.97
Minority Interest in Earnings	-2.92	-2.93	-2.03	-1.14	-0.72	-0.29
Net Income	10.58	10.31	8.37	2.32	-2.24	37.68
Net Income to Common	10.58	10.31	8.37	2.32	-2.24	37.68
Net Income Growth	0.15%	23.19%	260.58%	-	-	2483.74%
Shares Outstanding (Basic)	9	9	10	9	9	9
Shares Outstanding (Diluted)	9	9	10	9	9	9
Shares Change (YoY)	-2.37%	-3.08%	1.47%	-0.22%	-0.22%	-0.91%
EPS (Basic)	1.15	1.12	0.88	0.25	-0.24	4.00
EPS (Diluted)	1.15	1.12	0.88	0.25	-0.24	4.00
EPS Growth	3.20%	27.25%	255.35%	-	-	2507.48%
Free Cash Flow	12.05	16.37	14.88	4.11	-17.25	2.4
Free Cash Flow Per Share	1.31	1.78	1.56	0.44	-1.84	0.26
Dividend Per Share	0.100	0.100	0.125	0.200	0.200	0.100
Dividend Growth	-	-20.00%	-37.50%	-	100.00%	33.33%
Gross Margin	51.97%	51.30%	52.79%	56.36%	57.24%	59.79%
Operating Margin	10.24%	10.19%	9.40%	3.27%	-0.74%	2.03%
Profit Margin	6.36%	6.28%	5.58%	1.98%	-1.96%	31.01%
Free Cash Flow Margin	7.24%	9.97%	9.92%	3.52%	-15.10%	1.97%
EBITDA	19.76	19.24	16.74	6.34	1.84	4.81
EBITDA Margin	11.87%	11.72%	11.16%	5.42%	1.61%	3.96%
D&A For EBITDA	2.72	2.5	2.64	2.51	2.69	2.34
EBIT	17.04	16.73	14.09	3.82	-0.85	2.46
EBIT Margin	10.24%	10.19%	9.40%	3.27%	-0.74%	2.03%
Effective Tax Rate	20.68%	20.79%	21.71%	20.81%	-	30.41%
Revenue as Reported	166.41	164.15	149.96	116.91	114.26	121.52
Advertising Expenses	-	7.76	6.46	6.86	7.82	7.38

Updated May 13, 2022. Source: S&P Global Market Intelligence. Standard template. Financial Sources.