Openlane Inc. (KAR)

Openlane 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	1,641	1,645	1,519	1,451	1,327	2,782
Revenue Growth (YoY)	4.47%	8.27%	4.74%	9.32%	-52.30%	13.88%
Cost of Revenue	857.3	867.6	834.3	792.5	744.3	1,617
Gross Profit	783.5	777.5	685.1	658.1	582.6	1,165
Selling, General & Admin	431.1	430.4	445.1	420.7	374.5	662
Other Operating Expenses	353.6	352.3	100.2	109.9	138.9	188.7
Operating Expenses	784.7	782.7	545.3	530.6	513.4	850.7
Operating Income	-1.2	-5.2	139.8	127.5	69.2	314.1
Interest Expense / Income	157.2	155.8	119.2	125.7	128.2	189.5
Other Expense / Income	-21.8	-15.2	-230.6	-79.8	-48.3	-101.6
Pretax Income	-136.6	-145.8	251.2	81.6	-10.7	226.2
Income Tax	11.7	8.3	10	15.1	-11.2	37.7
Net Income	-148.3	-154.1	241.2	66.5	0.5	188.5
Net Income Growth	-	-	262.71%	13200.00%	-99.73%	-42.53%
Shares Outstanding (Basic)	108	108	109	121	129	129
Shares Change	-0.80%	-0.82%	-10.11%	-6.26%	0.37%	-4.33%
EPS (Basic)	-1.79	-1.82	1.30	0.16	-0.35	1.43
EPS (Diluted)	-1.79	-1.82	1.30	0.16	-0.35	1.42
EPS Growth	-	-	712.50%	-	-	-41.32%
Free Cash Flow	186.9	183.7	-476.1	349	321.6	380.4
Free Cash Flow Per Share	1.73	1.70	-4.37	2.88	2.49	2.95
Dividend Per Share	-	-	-	-	0.190	1.080
Dividend Growth	-	-	-	-	-82.41%	-22.86%
Gross Margin	47.75%	47.26%	45.09%	45.37%	43.91%	41.87%
Operating Margin	-0.07%	-0.32%	9.20%	8.79%	5.22%	11.29%
Profit Margin	-9.04%	-9.37%	15.87%	4.58%	0.04%	6.78%
Free Cash Flow Margin	11.39%	11.17%	-31.33%	24.06%	24.24%	13.67%
Effective Tax Rate	-	-	3.98%	18.50%	-	16.67%
EBITDA	123.4	111.5	470.6	317.2	226.6	604.4
EBITDA Margin	7.52%	6.78%	30.97%	21.87%	17.08%	21.73%
Depreciation & Amortization	102.8	101.5	100.2	109.9	109.1	188.7
EBIT	20.6	10	370.4	207.3	117.5	415.7
EBIT Margin	1.26%	0.61%	24.38%	14.29%	8.86%	14.94%

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).