Marcus & Millichap, Inc. (MMI)

Marcus & Millichap Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	645.93	1,302	1,296	716.91	806.43
Revenue Growth (YoY)	-50.38%	0.41%	80.84%	-11.10%	-1.03%
Cost of Revenue	406.65	850.89	840.21	447.88	498.88
Gross Profit	239.28	450.82	456.23	269.03	307.55
Selling, General & Admin	285.02	300.01	255.15	204.51	203.11
Other Operating Expenses	13.63	13.41	11.72	10.9	8.02
Operating Expenses	298.65	313.42	266.88	215.41	211.13
Operating Income	-59.37	137.4	189.36	53.61	96.42
Interest Expense / Income	0.89	0.71	0.58	0.9	1.39
Other Expense / Income	-19.86	-5.34	-4.53	-6.65	-12.48
Pretax Income	-40.4	142.03	193.3	59.36	107.51
Income Tax	-6.37	37.8	50.83	16.53	30.58
Net Income	-34.04	104.23	142.47	42.84	76.93
Net Income Growth	-	-26.84%	232.58%	-44.32%	-11.84%
Shares Outstanding (Basic)	39	40	40	40	39
Shares Outstanding (Diluted)	39	40	40	40	40
Shares Change	-3.80%	-0.00%	1.14%	0.47%	0.42%
EPS (Basic)	-0.88	2.61	3.57	1.08	1.95
EPS (Diluted)	-0.88	2.59	3.55	1.08	1.95
EPS Growth	-	-27.04%	228.70%	-44.62%	-12.16%
Free Cash Flow	-81.8	1.96	249.05	31.14	16.5
Free Cash Flow Per Share	-2.12	0.05	6.24	0.79	0.42
Dividend Per Share	0.500	1.500	-	-	-
Dividend Growth	-66.67%	-	-	-	-
Gross Margin	37.04%	34.63%	35.19%	37.53%	38.14%
Operating Margin	-9.19%	10.56%	14.61%	7.48%	11.96%
Profit Margin	-5.27%	8.01%	10.99%	5.98%	9.54%
Free Cash Flow Margin	-12.66%	0.15%	19.21%	4.34%	2.05%
Effective Tax Rate	-	26.62%	26.30%	27.84%	28.45%
EBITDA	0.46	179.26	229.33	93.99	138.12
EBITDA Margin	0.07%	13.77%	17.69%	13.11%	17.13%
Depreciation & Amortization	39.98	36.52	35.45	33.72	29.22
EBIT	-39.51	142.74	193.88	60.26	108.9
EBIT Margin	-6.12%	10.97%	14.96%	8.41%	13.50%

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).