Apartment Investment and Management Company (AIV)

AIV Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	187	190.34	169.84	151.45	143.69
Revenue Growth (YoY)	-1.76%	12.08%	12.14%	5.40%	8.72%
Cost of Revenue	73.71	71.79	67.61	61.51	57.54
Gross Profit	113.28	118.55	102.22	89.94	86.15
Selling, General & Admin	32.87	39.67	33.15	10.47	7.06
Other Operating Expenses	68.83	158.97	84.71	93.83	64.03
Operating Expenses	101.7	198.64	117.86	104.29	71.09
Operating Income	11.58	-80.09	-15.64	-14.36	15.06
Interest Expense / Income	37.72	73.84	52.9	27.51	18.6
Other Expense / Income	152.81	-246.92	-49.06	-26.68	-0.54
Pretax Income	-178.95	92.99	-19.48	-15.19	-3
Income Tax	-12.75	17.26	-13.57	-10.15	-3.3
Net Income	-166.2	75.73	-5.91	-5.04	0.3
Net Income Growth	-	-	-	-	-90.63%
Shares Outstanding (Basic)	144	149	149	149	149
Shares Outstanding (Diluted)	144	151	149	149	149
Shares Change	-4.78%	0.91%	0.61%	-	-
EPS (Basic)	-1.16	0.50	-0.04	-0.03	-
EPS (Diluted)	-1.16	0.49	-0.04	-0.03	-
Free Cash Flow	-216.88	97.45	-234.82	-83.95	-77.3
Free Cash Flow Per Share	-1.51	0.65	-1.57	-0.56	-0.52
Dividend Per Share	-	0.020	-	2.538	3.838
Dividend Growth	-	-	-	-33.87%	97.73%
Gross Margin	60.58%	62.28%	60.19%	59.38%	59.96%
Operating Margin	6.19%	-42.08%	-9.21%	-9.48%	10.48%
Profit Margin	-88.88%	39.78%	-3.48%	-3.33%	0.21%
Free Cash Flow Margin	-115.98%	51.20%	-138.27%	-55.43%	-53.80%
Effective Tax Rate	-	18.57%	-	-	-
EBITDA	-72.4	325.8	118.13	90.29	79.63
EBITDA Margin	-38.72%	171.16%	69.56%	59.61%	55.42%
Depreciation & Amortization	68.83	158.97	84.71	77.97	64.03
EBIT	-141.23	166.83	33.42	12.32	15.6
EBIT Margin	-75.53%	87.65%	19.68%	8.14%	10.86%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).