Silvergate Capital Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2021	2020	2019	2018	2017
Revenue	174.52	90.8	87.15	78.71	45.14
Revenue Growth (YoY)	92.21%	4.19%	10.72%	74.39%	-
Gross Profit	174.52	90.8	87.15	78.71	45.14
Selling, General & Admin	62.18	52.11	45.86	39.43	27.08
Other Operating Expenses	26.95	7.49	6.62	8.89	3.63
Operating Expenses	89.12	59.61	52.48	48.31	30.71
Operating Income	85.4	31.19	34.67	30.4	14.43
Pretax Income	85.4	31.19	34.67	30.4	14.43
Income Tax	6.88	5.16	9.83	8.07	6.79
Net Income	78.53	26.04	24.85	22.33	7.64
Preferred Dividends	3.02	0	0	0	0
Net Income Common	75.51	26.04	24.85	22.33	7.64
Net Income Growth	190.01%	4.80%	11.25%	192.20%	-
Shares Outstanding (Basic)	26	19	18	17	9
Shares Outstanding (Diluted)	26	19	18	17	10
Shares Change	35.17%	4.31%	8.00%	76.99%	-
EPS (Basic)	2.95	1.39	1.38	1.35	0.83
EPS (Diluted)	2.91	1.36	1.35	1.31	0.79
EPS Growth	113.97%	0.74%	3.05%	65.82%	-
Free Cash Flow	77.84	-480.23	-128.08	-5.73	-19.37
Free Cash Flow Per Share	3.04	-25.69	-7.13	-0.35	-2.10
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	48.94%	34.36%	39.78%	38.62%	31.97%
Profit Margin	43.27%	28.68%	28.51%	28.37%	16.93%
Free Cash Flow Margin	44.60%	-528.89%	-146.96%	-7.28%	-42.90%
Effective Tax Rate	8.05%	16.53%	28.34%	26.53%	47.04%
EBITDA	88.02	36.78	37.35	31.58	15.53
EBITDA Margin	50.44%	40.50%	42.85%	40.12%	34.42%
Depreciation & Amortization	2.62	5.58	2.67	1.18	1.1
EBIT	85.4	31.19	34.67	30.4	14.43
EBIT Margin	48.94%	34.36%	39.78%	38.62%	31.97%

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).