Medallion Financial Corp. (MFIN)

Medallion Financial Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Other Revenue	302.56	264.06	206.8	191.5	163.55
Revenue	302.56	264.06	206.8	191.5	163.55
Revenue Growth (YoY)	14.58%	27.68%	7.99%	17.09%	6.77%
Cost of Revenue	76.5	37.81	30.06	4.62	69.82
Gross Profit	226.06	226.25	176.75	186.88	93.73
Selling, General & Admin	69.98	74.12	70.61	61.9	62.23
Other Operating Expenses	0.53	1.7	0.66	15.15	32.89
Operating Expenses	71.96	77.26	72.71	78.49	96.56
Operating Income	154.1	148.98	104.04	108.39	-2.83
Interest Expense	-88.17	-62.95	-36.19	-31.14	-34.15
EBT Excluding Unusual Items	65.94	86.04	67.85	77.25	-36.98
Other Unusual Items	-3	-	-	4.63	-
Pretax Income	62.94	86.04	67.85	81.87	-36.98
Income Tax Expense	21.01	24.91	17.96	24.22	-10.07
Earnings From Continuing Operations	41.93	61.13	49.89	57.65	-26.91
Minority Interest in Earnings	-6.05	-6.05	-6.05	-3.55	-7.88
Net Income	35.88	55.08	43.84	54.11	-34.78
Net Income to Common	35.88	55.08	43.84	54.11	-34.78
Net Income Growth	-34.86%	25.64%	-18.98%	-	-
Shares Outstanding (Basic)	23	23	24	25	24
Shares Outstanding (Diluted)	24	23	24	25	24
Shares Change (YoY)	1.54%	-2.84%	-4.07%	2.04%	0.42%
EPS (Basic)	1.59	2.45	1.86	2.20	-1.42
EPS (Diluted)	1.52	2.37	1.83	2.17	-1.42
EPS Growth	-35.87%	29.51%	-15.67%	-	-
Dividend Per Share	0.410	0.340	0.320	0.080	-
Dividend Growth	20.59%	6.25%	300.00%	-	-
Gross Margin	74.72%	85.68%	85.47%	97.59%	57.31%
Operating Margin	50.93%	56.42%	50.31%	56.60%	-1.73%
Profit Margin	11.86%	20.86%	21.20%	28.26%	-21.27%
EBITDA	160.32	154.23	109.26	112.5	2.28
EBITDA Margin	52.99%	58.41%	52.83%	58.75%	1.40%
D&A For EBITDA	6.22	5.24	5.23	4.12	5.11
EBIT	154.1	148.98	104.04	108.39	-2.83
EBIT Margin	50.93%	56.42%	50.31%	56.60%	-1.73%
Effective Tax Rate	33.38%	28.95%	26.47%	29.58%	-

Updated Mar 13, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q