First Internet Bancorp (INBK)

First Internet Bancorp 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	95.4	84.38	113.37	118.37	91.55	73.79
Revenue Growth (YoY)	-1.85%	-25.58%	-4.22%	29.29%	24.07%	9.91%
Gross Profit	95.4	84.38	113.37	118.37	91.55	73.79
Selling, General & Admin	63.72	63.94	62.61	54.25	47.32	39.88
Other Operating Expenses	15.79	15.49	10.66	7.55	10.33	6.75
Operating Expenses	79.51	79.44	73.27	61.8	57.65	46.63
Operating Income	15.9	4.94	40.1	56.57	33.9	27.16
Pretax Income	15.9	4.94	40.1	56.57	33.9	27.16
Income Tax	-0.72	-3.48	4.56	8.46	4.45	1.92
Net Income	16.62	8.42	35.54	48.11	29.45	25.24
Net Income Growth	-22.05%	-76.32%	-26.13%	63.36%	16.70%	15.25%
Shares Outstanding (Basic)	9	9	10	10	10	10
Shares Outstanding (Diluted)	9	9	10	10	10	10
Shares Change	-3.03%	-7.67%	-3.82%	1.36%	-2.01%	5.64%
EPS (Basic)	1.90	0.95	3.73	4.85	2.99	2.51
EPS (Diluted)	1.89	0.95	3.70	4.82	2.99	2.51
EPS Growth	-15.63%	-74.32%	-23.24%	61.20%	19.12%	9.13%
Free Cash Flow	4.97	6.31	65.21	33.06	-12.49	-47.68
Free Cash Flow Per Share	0.57	0.71	6.84	3.33	-1.27	-4.75
Dividend Per Share	0.240	0.240	0.240	0.240	0.240	0.240
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	16.66%	5.85%	35.37%	47.79%	37.03%	36.80%
Profit Margin	17.42%	9.98%	31.35%	40.65%	32.17%	34.20%
Free Cash Flow Margin	5.21%	7.48%	57.51%	27.93%	-13.64%	-64.62%
Effective Tax Rate	-4.50%	-70.38%	11.37%	14.95%	13.11%	7.06%
EBITDA	22.46	10.69	48.83	65.35	41.73	34.08
EBITDA Margin	23.54%	12.67%	43.07%	55.21%	45.58%	46.19%
Depreciation & Amortization	6.56	5.75	8.73	8.78	7.83	6.93
EBIT	15.9	4.94	40.1	56.57	33.9	27.16
EBIT Margin	16.66%	5.85%	35.37%	47.79%	37.03%	36.80%

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).