Brookfield Asset Management Ltd. (BAM)

Accolade Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	3,549	3,381	3,142	2,835	2,423	1,892
Other Revenue	628	599	920	792	664	262
Revenue	4,177	3,980	4,062	3,627	3,087	2,154
Revenue Growth (YoY)	7.32%	-2.02%	11.99%	17.49%	43.31%	-0.87%
Cost of Revenue	1,138	1,154	1,048	700	703	519
Gross Profit	3,039	2,826	3,014	2,927	2,384	1,635
Selling, General & Admin	61	64	56	81	132	114
Other Operating Expenses	349	347	342	236	185	157
Operating Expenses	410	411	398	317	317	271
Operating Income	2,629	2,415	2,616	2,610	2,067	1,364
Interest Expense	-186	-115	-100	-354	-382	-377
Interest & Investment Income	-	-	-	1,090	-	-
Earnings From Equity Investments	317	339	167	146	161	38
Other Non Operating Income (Expenses)	-	-	-	-	1,486	-242
EBT Excluding Unusual Items	2,760	2,639	2,683	3,492	3,332	783
Gain (Loss) on Sale of Investments	-76	-93	-99	-	-	-
Asset Writedown	-	-	-30	-	-	-
Pretax Income	2,684	2,546	2,554	3,492	3,332	783
Income Tax Expense	442	438	417	627	504	226
Earnings From Continuing Operations	2,242	2,108	2,137	2,865	2,828	557
Minority Interest in Earnings	66	60	-298	-950	-977	-175
Net Income	2,308	2,168	1,839	1,915	1,851	382
Net Income to Common	2,308	2,168	1,839	1,915	1,851	382
Net Income Growth	30.84%	17.89%	-3.97%	3.46%	384.56%	-80.03%
Shares Outstanding (Basic)	1,580	1,585	1,635	1,637	-	-
Shares Outstanding (Diluted)	1,580	1,585	1,635	1,637	-	-
Shares Change (YoY)	-3.10%	-3.08%	-0.09%	-	-	-
EPS (Basic)	1.46	1.37	1.12	1.17	-	-
EPS (Diluted)	1.46	1.37	1.12	1.17	-	-
EPS Growth	35.02%	21.64%	-3.89%	-	-	-
Free Cash Flow	1,605	1,855	1,422	-387	1,408	1,766
Free Cash Flow Per Share	1.02	1.17	0.87	-0.24	-	-
Gross Margin	72.76%	71.00%	74.20%	80.70%	77.23%	75.91%
Operating Margin	62.94%	60.68%	64.40%	71.96%	66.96%	63.32%
Profit Margin	55.25%	54.47%	45.27%	52.80%	59.96%	17.73%
Free Cash Flow Margin	38.42%	46.61%	35.01%	-10.67%	45.61%	81.99%
EBITDA	2,642	2,429	2,630	2,623	2,078	1,371
EBITDA Margin	63.25%	61.03%	64.75%	72.32%	67.31%	63.65%
D&A For EBITDA	13	14	14	13	11	7
EBIT	2,629	2,415	2,616	2,610	2,067	1,364
EBIT Margin	62.94%	60.68%	64.40%	71.96%	66.96%	63.32%
Effective Tax Rate	16.47%	17.20%	16.33%	17.95%	15.13%	28.86%
Revenue as Reported	4,177	3,980	4,062	3,627	3,087	2,154

Updated May 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q