FinWise Bancorp Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

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