Fidus Investment Corp
NASDAQ:FDUS
Income Statement
Earnings Waterfall
Fidus Investment Corp
Revenue
|
130.1m
USD
|
Cost of Revenue
|
-58.5m
USD
|
Gross Profit
|
71.6m
USD
|
Operating Expenses
|
-5.5m
USD
|
Operating Income
|
66.1m
USD
|
Other Expenses
|
11m
USD
|
Net Income
|
77.1m
USD
|
Income Statement
Fidus Investment Corp
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 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
42
N/A
|
43
+2%
|
43
+0%
|
44
+2%
|
46
+6%
|
48
+5%
|
51
+5%
|
53
+4%
|
54
+3%
|
56
+3%
|
57
+2%
|
58
+2%
|
60
+4%
|
62
+3%
|
65
+6%
|
69
+6%
|
69
0%
|
71
+3%
|
71
+1%
|
71
0%
|
76
+7%
|
79
+3%
|
78
0%
|
80
+2%
|
77
-3%
|
77
0%
|
79
+3%
|
81
+2%
|
85
+5%
|
88
+4%
|
90
+2%
|
90
+0%
|
90
+1%
|
88
-3%
|
87
-1%
|
91
+4%
|
94
+4%
|
103
+9%
|
112
+9%
|
121
+8%
|
130
+7%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(20)
|
(20)
|
(18)
|
(18)
|
(19)
|
(21)
|
(23)
|
(24)
|
(25)
|
(26)
|
(28)
|
(29)
|
(31)
|
(31)
|
(31)
|
(32)
|
(32)
|
(34)
|
(33)
|
(35)
|
(38)
|
(36)
|
(38)
|
(40)
|
(42)
|
(44)
|
(46)
|
(45)
|
(44)
|
(44)
|
(44)
|
(44)
|
(44)
|
(42)
|
(41)
|
(42)
|
(44)
|
(48)
|
(52)
|
(56)
|
(58)
|
|
Gross Profit |
22
N/A
|
23
+4%
|
25
+11%
|
26
+2%
|
27
+4%
|
27
+3%
|
28
+2%
|
29
+5%
|
30
+1%
|
30
+3%
|
29
-4%
|
29
-1%
|
30
+2%
|
30
+2%
|
34
+13%
|
37
+7%
|
37
-1%
|
36
0%
|
38
+4%
|
36
-5%
|
39
+7%
|
42
+9%
|
40
-5%
|
40
+0%
|
35
-12%
|
33
-6%
|
33
+1%
|
36
+7%
|
41
+16%
|
44
+6%
|
46
+4%
|
46
+1%
|
47
+2%
|
46
-2%
|
46
+0%
|
49
+6%
|
50
+2%
|
55
+9%
|
60
+9%
|
66
+10%
|
72
+9%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(3)
|
(4)
|
(1)
|
(2)
|
(3)
|
7
|
7
|
4
|
(1)
|
(10)
|
(14)
|
(16)
|
(21)
|
(21)
|
(17)
|
(12)
|
(2)
|
(2)
|
(2)
|
(4)
|
(6)
|
|
Selling, General & Administrative |
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
10
|
10
|
7
|
2
|
(7)
|
(11)
|
(13)
|
(18)
|
(18)
|
(14)
|
(9)
|
1
|
1
|
1
|
(0)
|
(2)
|
|
Operating Income |
20
N/A
|
20
+3%
|
22
+12%
|
23
+2%
|
24
+4%
|
24
+3%
|
25
+2%
|
26
+6%
|
27
+2%
|
28
+3%
|
27
-4%
|
26
-1%
|
27
+2%
|
28
+3%
|
32
+14%
|
34
+8%
|
34
-1%
|
34
-1%
|
34
+0%
|
32
-6%
|
36
+13%
|
38
+6%
|
39
+2%
|
39
0%
|
32
-16%
|
40
+24%
|
40
-1%
|
40
-1%
|
41
+2%
|
34
-16%
|
31
-9%
|
29
-6%
|
26
-13%
|
25
-3%
|
29
+18%
|
37
+26%
|
48
+30%
|
52
+9%
|
58
+11%
|
62
+7%
|
66
+6%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
8
|
7
|
(6)
|
(5)
|
(4)
|
(2)
|
1
|
(1)
|
(1)
|
(0)
|
8
|
11
|
15
|
18
|
11
|
12
|
12
|
19
|
16
|
20
|
15
|
8
|
3
|
3
|
17
|
(28)
|
(23)
|
(16)
|
(8)
|
38
|
59
|
69
|
97
|
96
|
74
|
49
|
(9)
|
(9)
|
(11)
|
(2)
|
14
|
|
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)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(2)
|
(2)
|
(3)
|
(4)
|
(2)
|
(2)
|
(2)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
|
Pre-Tax Income |
28
N/A
|
27
-5%
|
17
-37%
|
17
+5%
|
20
+14%
|
23
+15%
|
26
+12%
|
26
+0%
|
26
+2%
|
28
+4%
|
34
+25%
|
37
+9%
|
42
+13%
|
46
+8%
|
43
-7%
|
46
+9%
|
46
+0%
|
52
+13%
|
50
-4%
|
52
+4%
|
51
-2%
|
45
-11%
|
41
-9%
|
41
-1%
|
49
+21%
|
12
-76%
|
16
+39%
|
23
+42%
|
33
+40%
|
70
+115%
|
88
+25%
|
96
+9%
|
119
+24%
|
119
+0%
|
101
-15%
|
84
-17%
|
39
-54%
|
43
+10%
|
47
+10%
|
60
+27%
|
80
+33%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(2)
|
(1)
|
0
|
0
|
(0)
|
(1)
|
(2)
|
(1)
|
(2)
|
(1)
|
(0)
|
(0)
|
(0)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(5)
|
(5)
|
(3)
|
|
Income from Continuing Operations |
27
|
26
|
16
|
17
|
19
|
23
|
25
|
26
|
26
|
27
|
34
|
37
|
42
|
44
|
41
|
44
|
44
|
49
|
47
|
50
|
49
|
46
|
41
|
40
|
48
|
10
|
15
|
22
|
31
|
70
|
88
|
95
|
116
|
116
|
98
|
81
|
36
|
40
|
43
|
55
|
77
|
|
Net Income (Common) |
27
N/A
|
26
-5%
|
16
-38%
|
17
+5%
|
19
+17%
|
23
+16%
|
25
+13%
|
26
+1%
|
26
+2%
|
27
+4%
|
34
+24%
|
37
+9%
|
42
+13%
|
44
+5%
|
41
-6%
|
44
+9%
|
44
-1%
|
49
+13%
|
47
-5%
|
50
+6%
|
49
-1%
|
46
-7%
|
41
-10%
|
40
-2%
|
48
+20%
|
10
-79%
|
15
+47%
|
22
+46%
|
31
+44%
|
70
+123%
|
88
+26%
|
95
+9%
|
116
+22%
|
116
+0%
|
98
-15%
|
81
-17%
|
36
-56%
|
40
+11%
|
43
+7%
|
55
+30%
|
77
+39%
|
|
EPS (Diluted) |
1.98
N/A
|
1.9
-4%
|
1.17
-38%
|
1.22
+4%
|
1.36
+11%
|
1.4
+3%
|
1.56
+11%
|
1.56
N/A
|
1.6
+3%
|
1.67
+4%
|
1.94
+16%
|
1.91
-2%
|
2.27
+19%
|
1.93
-15%
|
1.79
-7%
|
1.8
+1%
|
1.87
+4%
|
2.01
+7%
|
1.92
-4%
|
2.04
+6%
|
2.02
-1%
|
1.87
-7%
|
1.69
-10%
|
1.65
-2%
|
1.98
+20%
|
0.42
-79%
|
0.62
+48%
|
0.9
+45%
|
1.28
+42%
|
2.86
+123%
|
3.59
+26%
|
3.9
+9%
|
4.75
+22%
|
4.76
+0%
|
4.03
-15%
|
3.34
-17%
|
1.46
-56%
|
1.61
+10%
|
1.72
+7%
|
2.08
+21%
|
2.93
+41%
|