Newtek Business Services Corp. (NEWT)

Newtek Business Services 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	199.91	191.7	105.17	147.76	92.2	59.3
Revenue Growth (YoY)	59.31%	82.28%	-28.82%	60.26%	55.50%	19.75%
Gross Profit	199.91	191.7	105.17	147.76	92.2	59.3
Selling, General & Admin	89.91	88.07	27.86	25.32	23.6	24.54
Other Operating Expenses	58.14	57.99	38.12	35.42	18.69	19.66
Operating Expenses	148.05	146.06	65.98	60.74	42.29	44.2
Operating Income	51.86	45.64	39.19	87.02	49.92	15.1
Interest Expense / Income	0	0	0	0	17.88	20.42
Other Expense / Income	0.24	0.27	0.42	1.55	-1.58	-46.46
Pretax Income	51.62	45.37	38.78	85.47	33.62	41.14
Income Tax	6.36	-1.96	6.46	1.33	0	0
Net Income	45.26	47.33	32.31	84.14	33.62	41.14
Preferred Dividends	1.61	1.45	0	0	0	0
Net Income Common	43.66	45.88	32.31	84.14	33.62	41.14
Net Income Growth	6.58%	41.98%	-61.60%	150.28%	-18.27%	15.30%
Shares Outstanding (Basic)	25	25	24	23	21	19
Shares Outstanding (Diluted)	-	-	-	23	21	19
Shares Change	0.16%	0.91%	7.15%	7.80%	9.42%	3.27%
EPS (Basic)	1.81	1.89	1.34	3.69	1.59	2.13
EPS (Diluted)	1.80	1.88	1.34	3.69	1.59	2.13
EPS Growth	7.14%	40.30%	-63.69%	132.08%	-25.35%	11.52%
Free Cash Flow	-91.88	-169.68	-62.43	140.92	17.75	-89.08
Free Cash Flow Per Share	-3.73	-6.88	-2.56	6.18	0.84	-4.61
Dividend Per Share	0.910	0.720	2.850	3.150	2.050	2.150
Dividend Growth	-56.67%	-74.74%	-9.52%	53.66%	-4.65%	19.44%
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	25.94%	23.81%	37.27%	58.89%	54.14%	25.46%
Profit Margin	21.84%	23.93%	30.72%	56.94%	36.46%	69.37%
Free Cash Flow Margin	-45.96%	-88.51%	-59.36%	95.37%	19.25%	-150.24%
Effective Tax Rate	12.32%	-4.31%	16.67%	1.55%	-	-
EBITDA	54.16	48.26	39.01	85.77	51.9	62.06
EBITDA Margin	27.09%	25.17%	37.10%	58.05%	56.29%	104.66%
Depreciation & Amortization	2.54	2.88	0.24	0.3	0.4	0.5
EBIT	51.62	45.37	38.78	85.47	51.5	61.56
EBIT Margin	25.82%	23.67%	36.87%	57.84%	55.85%	103.81%

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).