Bright Horizons Family Solutions Inc. (BFAM)

BFAM Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	2,418	2,020	1,755	1,515	2,062
Revenue Growth (YoY)	19.69%	15.11%	15.85%	-26.52%	8.35%
Cost of Revenue	1,887	1,542	1,340	1,211	1,539
Gross Profit	531.72	478.65	415.01	304.55	522.94
Selling, General & Admin	327.07	289.16	256.82	219.56	221.5
Other Operating Expenses	33.42	31.91	29.17	31.65	33.62
Operating Expenses	360.48	321.07	285.99	251.22	255.12
Operating Income	171.24	157.59	129.02	53.33	267.82
Interest Expense / Income	51.61	39.49	36.1	37.68	45.15
Other Expense / Income	-	5.92	2.57	-	-
Pretax Income	119.63	112.18	90.35	15.65	222.67
Income Tax	45.41	31.54	19.89	-11.34	42.28
Net Income	74.22	80.64	70.46	26.99	180.39
Net Income Growth	-7.96%	14.45%	161.04%	-85.04%	14.83%
Shares Outstanding (Basic)	58	58	60	60	58
Shares Outstanding (Diluted)	58	58	61	60	59
Shares Change	-0.95%	-3.91%	0.93%	2.31%	-0.09%
EPS (Basic)	1.28	1.38	1.16	0.45	3.10
EPS (Diluted)	1.28	1.37	1.15	0.45	3.05
EPS Growth	-6.57%	19.13%	155.56%	-85.25%	14.66%
Free Cash Flow	165.35	128.46	169.59	136.74	225.59
Free Cash Flow Per Share	2.87	2.20	2.81	2.30	3.90
Gross Margin	21.99%	23.69%	23.64%	20.10%	25.36%
Operating Margin	7.08%	7.80%	7.35%	3.52%	12.99%
Profit Margin	3.07%	3.99%	4.01%	1.78%	8.75%
Free Cash Flow Margin	6.84%	6.36%	9.66%	9.03%	10.94%
Effective Tax Rate	37.96%	28.12%	22.01%	-72.45%	18.99%
EBITDA	281.92	257.81	235.28	165	376.09
EBITDA Margin	11.66%	12.76%	13.40%	10.89%	18.24%
Depreciation & Amortization	110.68	106.14	108.83	111.66	108.27
EBIT	171.24	151.67	126.45	53.33	267.82
EBIT Margin	7.08%	7.51%	7.20%	3.52%	12.99%

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).