The Baldwin Insurance Group, Inc. (BWIN)

BWIN Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	1,268	1,219	980.72	567.29	240.92	137.84
Revenue Growth (YoY)	18.74%	24.25%	72.88%	135.47%	74.78%	72.56%
Gross Profit	1,268	1,219	980.72	567.29	240.92	137.84
Selling, General & Admin	942.49	911.35	719.45	400.05	174.11	96.96
Other Operating Expenses	288.9	288.67	260.07	153.67	68.23	35.13
Operating Expenses	1,231	1,200	979.51	553.72	242.34	132.08
Operating Income	37.09	18.53	1.21	13.57	-1.42	5.76
Interest Expense / Income	123.13	119.47	71.07	26.9	7.86	10.64
Other Expense / Income	-33.48	-12.08	-28.81	17.3	6.42	3.75
Pretax Income	-52.56	-88.86	-41.06	-30.63	-15.7	-8.63
Income Tax	1.87	1.29	0.72	0.02	-0.01	0.02
Net Income	-54.43	-90.14	-41.77	-30.65	-15.7	-8.65
Shares Outstanding (Basic)	62	60	57	48	27	18
Shares Outstanding (Diluted)	65	60	57	48	27	18
Shares Change	11.25%	5.82%	19.41%	75.11%	51.68%	-69.93%
EPS (Basic)	-0.91	-1.50	-0.74	-0.64	-0.58	-0.48
EPS (Diluted)	-0.93	-1.50	-0.74	-0.64	-0.58	-0.48
Free Cash Flow	35.55	23.27	-24.44	34.81	31.35	10.3
Free Cash Flow Per Share	0.57	0.39	-0.43	0.73	1.15	0.57
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	2.92%	1.52%	0.12%	2.39%	-0.59%	4.18%
Profit Margin	-4.29%	-7.40%	-4.26%	-5.40%	-6.52%	-6.28%
Free Cash Flow Margin	2.80%	1.91%	-2.49%	6.14%	13.01%	7.47%
EBITDA	170.01	129.01	116.37	47.78	12.32	12.56
EBITDA Margin	13.40%	10.59%	11.87%	8.42%	5.11%	9.11%
Depreciation & Amortization	99.44	98.4	86.36	51.51	20.17	10.55
EBIT	70.57	30.61	30.02	-3.73	-7.84	2.01
EBIT Margin	5.56%	2.51%	3.06%	-0.66%	-3.26%	1.46%

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).