CorVel Corporation (CRVL)

CorVel Income Statement

Financials in millions USD. Fiscal year is April - March.

Year	2023	2022	2021	2020	2019
Revenue	795.31	718.56	646.23	552.64	592.23
Revenue Growth (YoY)	10.68%	11.19%	16.93%	-6.68%	-0.59%
Cost of Revenue	623.62	560.3	494.12	429.02	466.3
Gross Profit	171.69	158.26	152.11	123.62	125.92
Selling, General & Admin	76.59	73.71	67.6	64.45	65.21
Operating Expenses	76.59	73.71	67.6	64.45	65.21
Operating Income	95.1	84.55	84.51	59.18	60.71
Pretax Income	95.1	84.55	84.51	59.18	60.71
Income Tax	18.85	18.19	18.1	12.82	13.33
Net Income	76.25	66.37	66.41	46.36	47.38
Net Income Growth	14.90%	-0.07%	43.26%	-2.16%	1.44%
Shares Outstanding (Basic)	17	17	18	18	18
Shares Outstanding (Diluted)	17	18	18	18	19
Shares Change	-1.39%	-2.95%	-0.21%	-2.34%	-2.14%
EPS (Basic)	4.45	3.83	3.74	2.59	2.59
EPS (Diluted)	4.40	3.77	3.66	2.55	2.55
EPS Growth	16.71%	3.01%	43.53%	0%	3.66%
Free Cash Flow	70	55.97	37.4	77.14	48.47
Free Cash Flow Per Share	4.09	3.23	2.11	4.30	2.65
Gross Margin	21.59%	22.02%	23.54%	22.37%	21.26%
Operating Margin	11.96%	11.77%	13.08%	10.71%	10.25%
Profit Margin	9.59%	9.24%	10.28%	8.39%	8.00%
Free Cash Flow Margin	8.80%	7.79%	5.79%	13.96%	8.18%
Effective Tax Rate	19.82%	21.51%	21.42%	21.66%	21.96%
EBITDA	121.35	109.68	108.43	82.61	83.23
EBITDA Margin	15.26%	15.26%	16.78%	14.95%	14.05%
Depreciation & Amortization	26.25	25.12	23.92	23.44	22.52
EBIT	95.1	84.55	84.51	59.18	60.71
EBIT Margin	11.96%	11.77%	13.08%	10.71%	10.25%

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).