Newtek Business Services Corp. (NEWT) Financials

$12.12

$0.43 (3.68%)
Last update: 04:00 PM EST
Day's range
$11.72
Day's range
$12.15
$400M$400M$300M$300M$200M$200M$100M$100M$0$0Earning2018201820192019202020202021202120222022202320232024202480%80%60%60%40%40%20%20%0%0%Profit Margin
Profit Margin
Revenue
Earnings

NEWT Income statement / Annual

Last year (2024), Newtek Business Services Corp.'s total revenue was $318.85 M, an increase of 25.96% from the previous year. In 2024, Newtek Business Services Corp.'s net income was $50.85 M. See Newtek Business Services Corp.,s key income statements, including revenue, expenses, profit, and income.

Period FY-2024 FY-2023 FY-2022 FY-2021 FY-2020 FY-2019 FY-2018 FY-2017 FY-2016 FY-2015
Period Ended 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Operating Revenue $318.85 M $253.14 M $105.17 M $147.76 M $74.96 M $88.79 M $49.52 M $38.91 M $30.97 M $26.07 M
Cost of Revenue $107.33 M $44.30 M $30.99 M $0.00 $0.00 $14.31 M $21.08 M $19.29 M $15.23 M $12.75 M
Gross Profit $211.52 M $208.83 M $74.19 M $147.76 M $74.96 M $74.49 M $28.43 M $19.62 M $15.73 M $13.32 M
Gross Profit Ratio 0.66 0.82 0.71 1 1 0.84 0.57 0.5 0.51 0.51
Research and Development Expenses $0.00 $0.00 $0.00 $0.52 $0.32 $0.37 $0.38 $0.50 $0.00 $0.00
General & Administrative Expenses $99.20 M $22.36 M $14.81 M $13.06 M $9.39 M $10.23 M $10.00 M $10.29 M $10.21 M $8.37 M
Selling & Marketing Expenses $0.00 $0.00 $20.19 M $12.26 M $0.00 $0.00 $29.44 M $0.00 $21.28 M $0.00
Selling, General & Administrative Expenses $99.20 M $22.36 M $34.99 M $25.32 M $9.39 M $10.23 M $39.45 M $10.29 M $31.49 M $8.37 M
Other Expenses $43.63 M $0.00 $0.00 $36.97 M $32.95 M $63.75 M $1.49 M $25.11 M $0.00 $0.00
Operating Expenses $142.83 M $101.14 M $34.99 M $62.29 M $42.34 M $73.99 M $40.94 M $35.40 M $31.79 M $25.78 M
Cost And Expenses $250.16 M $145.45 M $66.40 M $62.29 M $42.34 M $88.29 M $41.01 M $92.33 M $31.79 M $26.63 M
Interest Income $121.42 M $176.77 M $38.62 M $78.97 M $64.80 M $0.00 $0.00 $0.00 $0.00 $0.00
Interest Expense $81.11 M $67.74 M $26.33 M $20.52 M $17.88 M $20.42 M $16.07 M $11.40 M $8.44 M $6.48 M
Depreciation & Amortization $1.78 M $2.88 M $239.00 K $304.00 K $402.00 K $501.00 K $484.00 K $402.00 K $296.00 K $326.00 K
EBITDA $70.48 M $125.70 M $23.24 M $106.51 M $51.95 M $14.82 M $53.24 M $38.92 M -$524.00 K $620.00 K
EBITDA Ratio 0.22 0.5 0.22 0.72 0.69 0.17 1.08 1 -0.02 0.02
Operating Income Ratio 0.22 0.39 0.62 0.58 0.44 0.16 -0.25 -0.41 -0.52 -0.48
Total Other Income/Expenses Net $0.00 -$52.16 M -$26.33 M $0.00 $0.00 $29.98 M $49.26 M $56.93 M $48.49 M $49.05 M
Income Before Tax $68.69 M $45.37 M $38.78 M $85.47 M $32.62 M $44.30 M $36.76 M $41.16 M $32.43 M $36.59 M
Income Before Tax Ratio 0.22 0.18 0.37 0.58 0.44 0.5 0.74 1.06 1.05 1.4
Income Tax Expense $17.84 M -$1.96 M $6.46 M $1.33 M -$999.00 K $3.16 M $1.08 M $2.18 M $5.13 M $857.00 K
Net Income $50.85 M $47.33 M $32.31 M $84.14 M $33.62 M $41.14 M $35.68 M $38.98 M $27.31 M $35.74 M
Net Income Ratio 0.16 0.19 0.31 0.57 0.45 0.46 0.72 1 0.88 1.37
EPS 1.97 1.89 1.34 3.69 1.59 2.13 1.91 2.25 1.88 3.32
EPS Diluted 1.96 1.88 1.34 3.69 1.59 2.13 1.91 2.25 1.88 3.32
Weighted Average Shares Out $24.95 M $25.18 M $24.20 M $22.80 M $21.15 M $19.33 M $18.71 M $17.33 M $14.54 M $10.77 M
Weighted Average Shares Out Diluted $25.19 M $24.35 M $24.20 M $22.80 M $21.15 M $19.33 M $18.71 M $17.33 M $14.54 M $10.77 M
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