First Eagle Alternative Capital BDC Inc
NASDAQ:FCRD
Income Statement
Earnings Waterfall
First Eagle Alternative Capital BDC Inc
Revenue
|
-10.1m
USD
|
Cost of Revenue
|
-14.2m
USD
|
Gross Profit
|
-24.3m
USD
|
Operating Expenses
|
-4.4m
USD
|
Operating Income
|
-28.7m
USD
|
Other Expenses
|
-105k
USD
|
Net Income
|
-28.8m
USD
|
Income Statement
First Eagle Alternative Capital BDC Inc
Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||||||||||||||||||||||
Revenue |
51
N/A
|
57
+12%
|
71
+25%
|
74
+5%
|
78
+5%
|
82
+6%
|
76
-7%
|
84
+10%
|
81
-4%
|
87
+8%
|
94
+7%
|
85
-9%
|
76
-11%
|
58
-24%
|
40
-31%
|
47
+17%
|
57
+21%
|
63
+10%
|
65
+4%
|
57
-12%
|
30
-48%
|
29
-2%
|
28
-3%
|
27
-3%
|
23
-18%
|
16
-31%
|
2
-87%
|
(4)
N/A
|
0
N/A
|
(69)
N/A
|
(45)
+34%
|
(32)
+29%
|
(18)
+45%
|
57
N/A
|
51
-11%
|
39
-24%
|
38
-1%
|
25
-35%
|
(6)
N/A
|
(10)
-60%
|
|
Gross Profit | |||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(4)
|
(5)
|
(11)
|
(14)
|
(19)
|
(25)
|
(26)
|
(31)
|
(33)
|
(35)
|
(37)
|
(38)
|
(38)
|
(36)
|
(33)
|
(32)
|
(32)
|
(33)
|
(34)
|
(32)
|
(32)
|
(30)
|
(28)
|
(27)
|
(26)
|
(26)
|
(24)
|
(23)
|
(20)
|
(18)
|
(17)
|
(15)
|
(14)
|
(13)
|
(13)
|
(14)
|
(15)
|
(15)
|
(14)
|
(14)
|
|
Gross Profit |
47
N/A
|
52
+11%
|
60
+16%
|
61
+1%
|
58
-4%
|
57
-3%
|
50
-12%
|
53
+6%
|
47
-11%
|
52
+10%
|
57
+10%
|
47
-17%
|
38
-20%
|
23
-40%
|
7
-68%
|
15
+101%
|
25
+70%
|
30
+18%
|
31
+4%
|
25
-19%
|
(2)
N/A
|
(0)
+77%
|
1
N/A
|
1
+12%
|
(3)
N/A
|
(10)
-211%
|
(22)
-122%
|
(27)
-22%
|
(19)
+28%
|
(86)
-347%
|
(62)
+28%
|
(47)
+24%
|
(32)
+33%
|
45
N/A
|
38
-14%
|
25
-34%
|
24
-6%
|
10
-60%
|
(20)
N/A
|
(24)
-19%
|
|
Operating Income | |||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(18)
|
(20)
|
(17)
|
(17)
|
(13)
|
(10)
|
(11)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(8)
|
(8)
|
(8)
|
(8)
|
(7)
|
(8)
|
(7)
|
(7)
|
(7)
|
(6)
|
(6)
|
(6)
|
(6)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(5)
|
(4)
|
|
Selling, General & Administrative |
(18)
|
(20)
|
(17)
|
(17)
|
(13)
|
(10)
|
(11)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(8)
|
(8)
|
(8)
|
(8)
|
(7)
|
(8)
|
(7)
|
(7)
|
(7)
|
(6)
|
(6)
|
(6)
|
(6)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(4)
|
|
Operating Income |
29
N/A
|
32
+12%
|
43
+33%
|
44
+3%
|
45
+2%
|
47
+4%
|
40
-16%
|
44
+12%
|
38
-14%
|
43
+12%
|
48
+12%
|
38
-20%
|
29
-24%
|
14
-52%
|
(1)
N/A
|
6
N/A
|
17
+163%
|
22
+29%
|
24
+7%
|
18
-25%
|
(9)
N/A
|
(8)
+17%
|
(6)
+15%
|
(6)
+11%
|
(9)
-63%
|
(16)
-71%
|
(28)
-75%
|
(32)
-17%
|
(24)
+24%
|
(91)
-273%
|
(67)
+27%
|
(52)
+22%
|
(37)
+30%
|
40
N/A
|
33
-16%
|
21
-39%
|
19
-7%
|
4
-81%
|
(25)
N/A
|
(29)
-15%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
0
|
(1)
|
(1)
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
29
N/A
|
32
+12%
|
43
+33%
|
44
+3%
|
45
+2%
|
47
+4%
|
40
-16%
|
44
+12%
|
38
-14%
|
43
+12%
|
48
+12%
|
38
-20%
|
29
-24%
|
14
-52%
|
(1)
N/A
|
6
N/A
|
17
+163%
|
22
+29%
|
24
+7%
|
18
-25%
|
(9)
N/A
|
(8)
+17%
|
(6)
+15%
|
(6)
+11%
|
(9)
-63%
|
(16)
-71%
|
(28)
-75%
|
(32)
-17%
|
(24)
+24%
|
(91)
-273%
|
(67)
+27%
|
(52)
+22%
|
(37)
+30%
|
40
N/A
|
33
-17%
|
20
-39%
|
18
-12%
|
4
-80%
|
(26)
N/A
|
(29)
-14%
|
|
Net Income | |||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1)
|
(2)
|
(3)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
0
|
(1)
|
(1)
|
(0)
|
0
|
1
|
1
|
1
|
|
Income from Continuing Operations |
28
|
31
|
40
|
42
|
43
|
45
|
39
|
43
|
37
|
41
|
46
|
37
|
28
|
13
|
(2)
|
5
|
17
|
22
|
24
|
18
|
(8)
|
(7)
|
(6)
|
(5)
|
(10)
|
(16)
|
(28)
|
(32)
|
(25)
|
(91)
|
(67)
|
(52)
|
(37)
|
39
|
32
|
20
|
18
|
4
|
(25)
|
(29)
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
28
N/A
|
31
+10%
|
40
+32%
|
42
+4%
|
43
+2%
|
45
+6%
|
39
-14%
|
43
+10%
|
37
-14%
|
41
+12%
|
46
+12%
|
37
-20%
|
28
-24%
|
13
-55%
|
(2)
N/A
|
5
N/A
|
17
+228%
|
22
+31%
|
24
+9%
|
19
-24%
|
(8)
N/A
|
(7)
+14%
|
(7)
+4%
|
(6)
+8%
|
(11)
-76%
|
(17)
-58%
|
(28)
-67%
|
(32)
-16%
|
(25)
+24%
|
(91)
-269%
|
(67)
+26%
|
(52)
+22%
|
(37)
+30%
|
39
N/A
|
32
-17%
|
20
-39%
|
18
-10%
|
4
-76%
|
(25)
N/A
|
(29)
-17%
|
|
EPS (Diluted) |
1.05
N/A
|
1.16
+10%
|
1.49
+28%
|
1.23
-17%
|
1.26
+2%
|
1.33
+6%
|
1.13
-15%
|
1.26
+12%
|
1.08
-14%
|
1.22
+13%
|
1.37
+12%
|
1.1
-20%
|
0.85
-23%
|
0.38
-55%
|
-0.06
N/A
|
0.16
N/A
|
0.52
+225%
|
0.68
+31%
|
0.74
+9%
|
0.57
-23%
|
-0.24
N/A
|
-0.21
+13%
|
-0.2
+5%
|
-0.18
+10%
|
-0.33
-83%
|
-0.52
-58%
|
-0.88
-69%
|
-1.04
-18%
|
-0.81
+22%
|
-3.05
-277%
|
-1.96
+36%
|
-1.67
+15%
|
-1.22
+27%
|
1.29
N/A
|
1.08
-16%
|
0.66
-39%
|
0.59
-11%
|
0.14
-76%
|
-0.82
N/A
|
-0.96
-17%
|