Focus Financial Partners Inc
F:2JE
Income Statement
Earnings Waterfall
Focus Financial Partners Inc
Income Statement
Focus Financial Partners Inc
| Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||
| Revenue |
485
N/A
|
505
+4%
|
542
+7%
|
600
+11%
|
663
+10%
|
729
+10%
|
803
+10%
|
859
+7%
|
916
+7%
|
975
+6%
|
1 045
+7%
|
1 126
+8%
|
1 218
+8%
|
1 295
+6%
|
1 307
+1%
|
1 322
+1%
|
1 361
+3%
|
1 419
+4%
|
1 531
+8%
|
1 654
+8%
|
1 798
+9%
|
1 940
+8%
|
2 054
+6%
|
2 120
+3%
|
2 143
+1%
|
2 164
+1%
|
2 209
+2%
|
|
| Operating Income | ||||||||||||||||||||||||||||
| Operating Expenses |
(447)
|
(466)
|
(508)
|
(589)
|
(657)
|
(717)
|
(782)
|
(840)
|
(866)
|
(933)
|
(996)
|
(1 049)
|
(1 151)
|
(1 172)
|
(1 207)
|
(1 198)
|
(1 242)
|
(1 350)
|
(1 456)
|
(1 576)
|
(1 695)
|
(1 779)
|
(1 808)
|
(1 815)
|
(1 849)
|
(1 911)
|
(2 016)
|
|
| Selling, General & Administrative |
(392)
|
(408)
|
(447)
|
(516)
|
(564)
|
(610)
|
(657)
|
(705)
|
(761)
|
(816)
|
(877)
|
(915)
|
(969)
|
(1 022)
|
(1 022)
|
(1 029)
|
(1 062)
|
(1 105)
|
(1 185)
|
(1 274)
|
(1 380)
|
(1 482)
|
(1 567)
|
(1 619)
|
(1 637)
|
(1 661)
|
(1 708)
|
|
| Depreciation & Amortization |
(57)
|
(58)
|
(60)
|
(65)
|
(71)
|
(78)
|
(86)
|
(92)
|
(99)
|
(109)
|
(118)
|
(130)
|
(141)
|
(149)
|
(154)
|
(157)
|
(160)
|
(168)
|
(177)
|
(186)
|
(202)
|
(220)
|
(241)
|
(262)
|
(277)
|
(289)
|
(299)
|
|
| Other Operating Expenses |
1
|
(0)
|
(1)
|
(7)
|
(22)
|
(29)
|
(39)
|
(44)
|
(7)
|
(9)
|
(1)
|
(5)
|
(40)
|
0
|
(31)
|
(13)
|
(19)
|
(77)
|
(94)
|
(116)
|
(112)
|
(77)
|
(1)
|
66
|
65
|
39
|
(10)
|
|
| Operating Income |
38
N/A
|
40
+3%
|
35
-11%
|
12
-67%
|
6
-51%
|
12
+118%
|
22
+74%
|
18
-15%
|
50
+172%
|
41
-18%
|
49
+19%
|
76
+55%
|
68
-11%
|
124
+83%
|
100
-19%
|
124
+23%
|
120
-3%
|
69
-42%
|
74
+8%
|
77
+4%
|
103
+33%
|
162
+57%
|
246
+52%
|
304
+24%
|
294
-3%
|
253
-14%
|
193
-24%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||
| Interest Income Expense |
(23)
|
(24)
|
(25)
|
(35)
|
(44)
|
(53)
|
(65)
|
(63)
|
(58)
|
(56)
|
(52)
|
(55)
|
(60)
|
(61)
|
(57)
|
(50)
|
(44)
|
(41)
|
(42)
|
(50)
|
(58)
|
(66)
|
(75)
|
(85)
|
(103)
|
(129)
|
(156)
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
(8)
|
(8)
|
(22)
|
(22)
|
(21)
|
(21)
|
(7)
|
(7)
|
0
|
(12)
|
(18)
|
0
|
(18)
|
(6)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(13)
|
(19)
|
|
| Total Other Income |
1
|
2
|
0
|
(3)
|
(3)
|
(3)
|
(3)
|
(0)
|
(2)
|
(3)
|
(3)
|
(3)
|
(1)
|
(0)
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(1)
|
(4)
|
(11)
|
(14)
|
(13)
|
|
| Pre-Tax Income |
17
N/A
|
17
+3%
|
10
-45%
|
(34)
N/A
|
(50)
-45%
|
(66)
-32%
|
(68)
-3%
|
(66)
+3%
|
(32)
+52%
|
(25)
+22%
|
(13)
+46%
|
18
N/A
|
(5)
N/A
|
45
N/A
|
44
-2%
|
56
+27%
|
70
+25%
|
27
-61%
|
31
+15%
|
27
-12%
|
45
+63%
|
96
+115%
|
170
+78%
|
216
+27%
|
178
-17%
|
98
-45%
|
4
-96%
|
|
| Net Income | ||||||||||||||||||||||||||||
| Tax Provision |
(1)
|
(1)
|
(1)
|
(2)
|
4
|
3
|
3
|
(0)
|
(10)
|
(7)
|
(8)
|
(0)
|
(7)
|
(20)
|
(19)
|
(27)
|
(21)
|
(10)
|
(12)
|
(10)
|
(20)
|
(35)
|
(65)
|
(74)
|
(53)
|
(19)
|
55
|
|
| Income from Continuing Operations |
16
|
16
|
9
|
(36)
|
(46)
|
(62)
|
(65)
|
(66)
|
(41)
|
(32)
|
(21)
|
18
|
(12)
|
25
|
25
|
29
|
49
|
17
|
19
|
17
|
24
|
61
|
105
|
142
|
125
|
79
|
59
|
|
| Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
29
|
41
|
21
|
18
|
(9)
|
(1)
|
(14)
|
(13)
|
(16)
|
(21)
|
(10)
|
(12)
|
(11)
|
(14)
|
(22)
|
(35)
|
(43)
|
(33)
|
(17)
|
2
|
|
| Net Income (Common) |
16
N/A
|
16
+3%
|
9
-48%
|
(36)
N/A
|
(48)
-35%
|
(65)
-34%
|
(48)
+27%
|
(20)
+58%
|
(1)
+97%
|
9
N/A
|
(3)
N/A
|
9
N/A
|
(13)
N/A
|
11
N/A
|
12
+15%
|
12
+2%
|
28
+126%
|
8
-72%
|
7
-5%
|
7
-13%
|
10
+60%
|
39
+277%
|
70
+79%
|
99
+41%
|
92
-7%
|
62
-32%
|
61
-1%
|
|
| EPS (Diluted) |
0.25
N/A
|
0.25
N/A
|
0.13
-48%
|
-0.58
N/A
|
-0.77
-33%
|
-1.03
-34%
|
-2.1
-104%
|
-0.46
+78%
|
-0.01
+98%
|
0.18
N/A
|
-0.07
N/A
|
0.2
N/A
|
-0.28
N/A
|
0.23
N/A
|
0.16
-30%
|
0.24
+50%
|
0.57
+137%
|
0.13
-77%
|
0.14
+8%
|
0.12
-14%
|
0.18
+50%
|
0.61
+239%
|
1.08
+77%
|
1.51
+40%
|
1.39
-8%
|
0.94
-32%
|
0.71
-24%
|
|