MBIA Inc. (MBI)

MBIA Inc. 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	18	7	154	189	282	280
Revenue Growth (YoY)	-84.48%	-95.45%	-18.52%	-32.98%	0.71%	72.84%
Cost of Revenue	188	177	38	350	530	242
Gross Profit	-170	-170	116	-161	-248	38
Selling, General & Admin	101	98	76	97	92	101
Other Operating Expenses	5	5	8	6	10	11
Operating Expenses	106	103	84	103	102	112
Operating Income	-276	-273	32	-264	-350	-74
Interest Expense / Income	212	211	180	181	228	283
Other Expense / Income	-5	7	46	-	-	-
Pretax Income	-483	-491	-194	-445	-578	-357
Income Tax	0	0	1	0	0	2
Net Income	-483	-491	-195	-445	-578	-359
Shares Outstanding (Basic)	47	48	50	49	59	81
Shares Outstanding (Diluted)	47	48	50	49	59	81
Shares Change	-6.26%	-3.20%	0.67%	-16.25%	-27.08%	-8.99%
EPS (Basic)	-10.17	-10.18	-3.92	-8.99	-9.78	-4.43
EPS (Diluted)	-10.17	-10.18	-3.92	-8.99	-9.78	-4.43
Free Cash Flow	-189	-195	-418	510	-390	-368
Free Cash Flow Per Share	-4.04	-4.04	-8.39	10.31	-6.60	-4.54
Dividend Per Share	8.000	8.000	-	-	-	-
Gross Margin	-944.44%	-2428.57%	75.32%	-85.19%	-87.94%	13.57%
Operating Margin	-1533.33%	-3900.00%	20.78%	-139.68%	-124.11%	-26.43%
Profit Margin	-2683.33%	-7014.29%	-126.62%	-235.45%	-204.96%	-128.21%
Free Cash Flow Margin	-1050.00%	-2785.71%	-271.43%	269.84%	-138.30%	-131.43%
EBITDA	-271	-280	-14	-264	-350	-74
EBITDA Margin	-1505.56%	-4000.00%	-9.09%	-139.68%	-124.11%	-26.43%
EBIT	-271	-280	-14	-264	-350	-74
EBIT Margin	-1505.56%	-4000.00%	-9.09%	-139.68%	-124.11%	-26.43%

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).