Franchise Group Inc
NASDAQ:FRG
Income Statement
Earnings Waterfall
Franchise Group Inc
Revenue
|
4.3B
USD
|
Cost of Revenue
|
-2.6B
USD
|
Gross Profit
|
1.7B
USD
|
Operating Expenses
|
-1.6B
USD
|
Operating Income
|
153.9m
USD
|
Other Expenses
|
-443.4m
USD
|
Net Income
|
-289.5m
USD
|
Income Statement
Franchise Group Inc
Apr-2013 | Jul-2013 | Oct-2013 | Jan-2014 | Apr-2014 | Jul-2014 | Oct-2014 | Jan-2015 | Apr-2015 | Jul-2015 | Oct-2015 | Jan-2016 | Apr-2016 | Jul-2016 | Oct-2016 | Jan-2017 | Apr-2017 | Jul-2017 | Oct-2017 | Jan-2018 | Apr-2018 | Jul-2018 | Oct-2018 | Jan-2019 | Apr-2019 | Jul-2019 | Oct-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 | Apr-2023 | Jul-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
148
N/A
|
148
+1%
|
149
+0%
|
152
+2%
|
160
+5%
|
159
0%
|
160
+0%
|
167
+4%
|
162
-3%
|
162
0%
|
162
+0%
|
168
+4%
|
173
+3%
|
173
0%
|
172
0%
|
167
-3%
|
174
+4%
|
175
+1%
|
176
+0%
|
175
0%
|
175
0%
|
174
-1%
|
173
-1%
|
158
-9%
|
133
-16%
|
134
+1%
|
163
+22%
|
548
+235%
|
1 052
+92%
|
1 567
+49%
|
2 153
+37%
|
2 181
+1%
|
2 531
+16%
|
2 809
+11%
|
3 255
+16%
|
3 769
+16%
|
4 002
+6%
|
4 224
+6%
|
4 398
+4%
|
4 367
-1%
|
4 311
-1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
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)
|
(14)
|
(309)
|
(592)
|
(882)
|
(1 160)
|
(1 208)
|
(1 451)
|
(1 645)
|
(1 921)
|
(2 206)
|
(2 292)
|
(2 411)
|
(2 533)
|
(2 574)
|
(2 595)
|
|
Gross Profit |
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
8
N/A
|
30
+297%
|
239
+690%
|
460
+93%
|
685
+49%
|
992
+45%
|
973
-2%
|
1 080
+11%
|
1 164
+8%
|
1 334
+15%
|
1 563
+17%
|
1 710
+9%
|
1 813
+6%
|
1 864
+3%
|
1 793
-4%
|
1 716
-4%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(117)
|
(117)
|
(121)
|
(122)
|
(125)
|
(129)
|
(135)
|
(142)
|
(138)
|
(146)
|
(142)
|
(144)
|
(141)
|
(142)
|
(142)
|
(141)
|
(147)
|
(152)
|
(155)
|
(160)
|
(159)
|
(165)
|
(165)
|
(148)
|
(122)
|
(128)
|
(151)
|
(289)
|
(476)
|
(657)
|
(891)
|
(890)
|
(951)
|
(999)
|
(1 108)
|
(1 259)
|
(1 386)
|
(1 500)
|
(1 573)
|
(1 584)
|
(1 562)
|
|
Selling, General & Administrative |
(84)
|
(84)
|
(87)
|
(86)
|
(88)
|
(92)
|
(97)
|
(103)
|
(100)
|
(100)
|
(97)
|
(98)
|
(103)
|
(104)
|
(104)
|
(106)
|
(110)
|
(116)
|
(118)
|
(123)
|
(128)
|
(134)
|
(132)
|
(116)
|
(93)
|
(97)
|
(119)
|
(280)
|
(471)
|
(657)
|
(891)
|
(890)
|
(950)
|
(999)
|
(1 108)
|
(1 259)
|
(1 386)
|
(1 500)
|
(1 573)
|
(1 584)
|
(1 562)
|
|
Depreciation & Amortization |
(7)
|
(7)
|
(6)
|
(7)
|
(9)
|
(10)
|
(10)
|
(11)
|
(9)
|
(9)
|
(9)
|
(9)
|
(10)
|
(10)
|
(10)
|
(11)
|
(14)
|
(15)
|
(15)
|
(17)
|
(15)
|
(15)
|
(16)
|
(16)
|
(14)
|
(15)
|
(16)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Other Operating Expenses |
(26)
|
(27)
|
(27)
|
(28)
|
(27)
|
(27)
|
(27)
|
(29)
|
(29)
|
(37)
|
(37)
|
(37)
|
(28)
|
(28)
|
(27)
|
(24)
|
(23)
|
(23)
|
(22)
|
(21)
|
(17)
|
(17)
|
(17)
|
(16)
|
(16)
|
(15)
|
(15)
|
(9)
|
(5)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
31
N/A
|
32
+2%
|
28
-10%
|
30
+6%
|
35
+16%
|
30
-13%
|
26
-15%
|
25
-4%
|
25
N/A
|
16
-37%
|
20
+26%
|
24
+24%
|
33
+34%
|
31
-4%
|
30
-2%
|
27
-13%
|
27
+2%
|
23
-16%
|
21
-9%
|
15
-26%
|
16
+5%
|
8
-47%
|
8
-5%
|
10
+21%
|
10
+5%
|
5
-49%
|
(2)
N/A
|
(50)
-2 700%
|
(16)
+69%
|
28
N/A
|
102
+262%
|
83
-18%
|
130
+56%
|
165
+27%
|
226
+37%
|
304
+34%
|
323
+6%
|
313
-3%
|
291
-7%
|
209
-28%
|
154
-26%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(2)
|
(2)
|
(2)
|
1
|
1
|
1
|
0
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(4)
|
(3)
|
(4)
|
(7)
|
(29)
|
(60)
|
(82)
|
(102)
|
(123)
|
(115)
|
(110)
|
(200)
|
(245)
|
(311)
|
(351)
|
(340)
|
(335)
|
(329)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(4)
|
0
|
(3)
|
(3)
|
(8)
|
(13)
|
(11)
|
(11)
|
(11)
|
(1)
|
0
|
0
|
0
|
0
|
(26)
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(71)
|
(70)
|
(144)
|
(144)
|
|
Gain/Loss on Disposition of Assets |
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
|
50
|
59
|
60
|
0
|
10
|
|
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
|
(4)
|
(4)
|
(5)
|
(5)
|
(38)
|
(38)
|
(50)
|
133
|
147
|
164
|
165
|
(18)
|
62
|
(18)
|
|
Pre-Tax Income |
29
N/A
|
30
+3%
|
27
-10%
|
31
+15%
|
36
+16%
|
31
-13%
|
26
-16%
|
23
-12%
|
14
-41%
|
14
N/A
|
18
+32%
|
22
+26%
|
31
+36%
|
29
-4%
|
28
-3%
|
24
-14%
|
21
-14%
|
20
-3%
|
15
-26%
|
10
-34%
|
5
-54%
|
(8)
N/A
|
(6)
+23%
|
(5)
+22%
|
(4)
+20%
|
1
N/A
|
(8)
N/A
|
(84)
-895%
|
(79)
+5%
|
(60)
+25%
|
(31)
+48%
|
(78)
-154%
|
(23)
+71%
|
6
N/A
|
158
+2 554%
|
206
+30%
|
225
+9%
|
115
-49%
|
(77)
N/A
|
(209)
-170%
|
(328)
-57%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(11)
|
(12)
|
(11)
|
(12)
|
(14)
|
(12)
|
(9)
|
(8)
|
(5)
|
(5)
|
(7)
|
(9)
|
(11)
|
(11)
|
(10)
|
(8)
|
(8)
|
(7)
|
(6)
|
(4)
|
(4)
|
(1)
|
(2)
|
(4)
|
1
|
(4)
|
(6)
|
65
|
58
|
54
|
6
|
(37)
|
(38)
|
(22)
|
34
|
27
|
16
|
(31)
|
9
|
20
|
47
|
|
Income from Continuing Operations |
18
|
18
|
16
|
19
|
22
|
19
|
17
|
14
|
9
|
9
|
11
|
14
|
19
|
19
|
18
|
16
|
13
|
13
|
9
|
6
|
1
|
(9)
|
(9)
|
(9)
|
(3)
|
(3)
|
(14)
|
(19)
|
(22)
|
(6)
|
(25)
|
(115)
|
(61)
|
(16)
|
192
|
233
|
241
|
84
|
(69)
|
(189)
|
(281)
|
|
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
|
0
|
0
|
0
|
3
|
14
|
12
|
9
|
(2)
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
18
N/A
|
18
+3%
|
16
-9%
|
19
+13%
|
20
+10%
|
18
-13%
|
15
-17%
|
13
-14%
|
8
-37%
|
8
+1%
|
11
+30%
|
13
+24%
|
18
+35%
|
17
-4%
|
17
-3%
|
15
-13%
|
12
-17%
|
12
-3%
|
8
-33%
|
4
-49%
|
0
-98%
|
(10)
N/A
|
(9)
+2%
|
(8)
+13%
|
(2)
+73%
|
1
N/A
|
1
-38%
|
30
+3 675%
|
24
-19%
|
29
+20%
|
25
-14%
|
(23)
N/A
|
38
N/A
|
210
+459%
|
364
+73%
|
360
-1%
|
360
+0%
|
73
-80%
|
(77)
N/A
|
(198)
-156%
|
(290)
-46%
|
|
EPS (Diluted) |
1.42
N/A
|
1.4
-1%
|
1.24
-11%
|
1.25
+1%
|
1.31
+5%
|
1.37
+5%
|
1.16
-15%
|
0.9
-22%
|
0.53
-41%
|
0.64
+21%
|
0.82
+28%
|
0.95
+16%
|
1.28
+35%
|
1.33
+4%
|
1.28
-4%
|
1.13
-12%
|
0.87
-23%
|
0.9
+3%
|
0.6
-33%
|
0.31
-48%
|
0
N/A
|
-0.72
N/A
|
-0.66
+8%
|
-0.57
+14%
|
-0.15
+74%
|
0.09
N/A
|
0.04
-56%
|
1.27
+3 075%
|
0.69
-46%
|
0.73
+6%
|
0.71
-3%
|
-0.56
N/A
|
0.92
N/A
|
5.13
+458%
|
8.88
+73%
|
8.76
-1%
|
8.76
N/A
|
1.82
-79%
|
-1.96
N/A
|
-5.64
-188%
|
-8.22
-46%
|