FinWise Bancorp Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	66.36	64	74.79	71.78	36.89	28.52
Revenue Growth (YoY)	-1.04%	-14.42%	4.18%	94.59%	29.34%	-
Gross Profit	66.36	64	74.79	71.78	36.89	28.52
Selling, General & Admin	31.64	29.06	26.69	22.63	17.53	12.42
Other Operating Expenses	11.62	11.13	12.06	6.89	4.17	3.26
Operating Expenses	43.26	40.19	38.76	29.51	21.7	15.69
Operating Income	23.1	23.81	36.03	42.27	15.19	12.84
Other Expense / Income	-	-	-	-	0.05	-
Pretax Income	23.1	23.81	36.03	42.27	15.14	12.84
Income Tax	6.18	6.35	10.92	10.69	3.94	3.18
Net Income	16.91	17.46	25.12	31.58	11.2	9.66
Net Income Growth	-13.45%	-30.48%	-20.48%	182.04%	15.93%	-
Shares Outstanding (Basic)	13	12	13	9	8	7
Shares Outstanding (Diluted)	13	13	13	9	8	7
Shares Change	-0.99%	-3.35%	46.65%	12.87%	14.41%	-
EPS (Basic)	1.34	1.38	1.96	3.44	1.29	1.37
EPS (Diluted)	1.29	1.33	1.87	3.27	1.28	1.37
EPS Growth	-12.24%	-28.88%	-42.81%	155.47%	-6.57%	-
Free Cash Flow	2.03	4.81	53.94	-11.57	18.99	-8.43
Free Cash Flow Per Share	0.16	0.39	4.24	-1.33	2.37	-1.20
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	34.81%	37.21%	48.18%	58.89%	41.18%	45.01%
Profit Margin	25.49%	27.28%	33.58%	44.00%	30.36%	33.87%
Free Cash Flow Margin	3.06%	7.51%	72.12%	-16.11%	51.49%	-29.55%
Effective Tax Rate	26.77%	26.68%	30.30%	25.29%	26.04%	24.75%
EBITDA	28.1	28.37	40.48	43.31	16.15	13.3
EBITDA Margin	42.35%	44.33%	54.12%	60.33%	43.79%	46.62%
Depreciation & Amortization	5	4.56	4.45	1.04	1.01	0.46
EBIT	23.1	23.81	36.03	42.27	15.14	12.84
EBIT Margin	34.81%	37.21%	48.18%	58.89%	41.04%	45.01%

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).