GreenSky Inc
NASDAQ:GSKY
Income Statement
Earnings Waterfall
GreenSky Inc
Revenue
|
518.1m
USD
|
Cost of Revenue
|
-198.9m
USD
|
Gross Profit
|
319.2m
USD
|
Operating Expenses
|
-146.3m
USD
|
Operating Income
|
172.9m
USD
|
Other Expenses
|
-130.8m
USD
|
Net Income
|
42.1m
USD
|
Income Statement
GreenSky 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||
Revenue |
264
N/A
|
277
+5%
|
291
+5%
|
304
+5%
|
324
+7%
|
344
+6%
|
368
+7%
|
393
+7%
|
420
+7%
|
439
+5%
|
473
+8%
|
512
+8%
|
533
+4%
|
550
+3%
|
544
-1%
|
533
-2%
|
526
-1%
|
529
+1%
|
533
+1%
|
519
-3%
|
518
0%
|
|
Gross Profit | ||||||||||||||||||||||
Cost of Revenue |
(79)
|
(86)
|
(93)
|
(94)
|
(85)
|
(98)
|
(109)
|
(122)
|
(161)
|
(183)
|
(206)
|
(236)
|
(249)
|
(263)
|
(272)
|
(299)
|
(308)
|
(300)
|
(279)
|
(220)
|
(199)
|
|
Gross Profit |
185
N/A
|
191
+3%
|
198
+4%
|
211
+7%
|
239
+13%
|
246
+3%
|
259
+5%
|
271
+5%
|
259
-5%
|
256
-1%
|
267
+4%
|
276
+4%
|
283
+3%
|
287
+1%
|
273
-5%
|
234
-14%
|
218
-7%
|
229
+5%
|
254
+11%
|
298
+18%
|
319
+7%
|
|
Operating Income | ||||||||||||||||||||||
Operating Expenses |
(65)
|
(71)
|
(77)
|
(87)
|
(92)
|
(97)
|
(100)
|
(98)
|
(103)
|
(112)
|
(123)
|
(137)
|
(165)
|
(188)
|
(200)
|
(203)
|
(166)
|
(149)
|
(136)
|
(136)
|
(146)
|
|
Selling, General & Administrative |
(52)
|
(56)
|
(61)
|
(68)
|
(73)
|
(78)
|
(81)
|
(80)
|
(85)
|
(91)
|
(98)
|
(110)
|
(118)
|
(124)
|
(126)
|
(129)
|
(131)
|
(135)
|
(137)
|
(134)
|
(128)
|
|
Depreciation & Amortization |
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(7)
|
(8)
|
(9)
|
(10)
|
(11)
|
(12)
|
(13)
|
(14)
|
(14)
|
|
Other Operating Expenses |
(10)
|
(11)
|
(11)
|
(15)
|
(15)
|
(15)
|
(15)
|
(14)
|
(14)
|
(17)
|
(20)
|
(21)
|
(40)
|
(57)
|
(65)
|
(63)
|
(24)
|
(2)
|
14
|
12
|
(5)
|
|
Operating Income |
120
N/A
|
120
+0%
|
121
+1%
|
124
+2%
|
147
+19%
|
149
+1%
|
159
+6%
|
173
+9%
|
156
-10%
|
144
-8%
|
144
0%
|
139
-3%
|
118
-15%
|
99
-17%
|
72
-27%
|
31
-57%
|
53
+69%
|
80
+52%
|
118
+47%
|
163
+38%
|
173
+6%
|
|
Pre-Tax Income | ||||||||||||||||||||||
Interest Income Expense |
7
|
8
|
7
|
7
|
(3)
|
(8)
|
(13)
|
(17)
|
(23)
|
(24)
|
(25)
|
(26)
|
(21)
|
(21)
|
(21)
|
(22)
|
(24)
|
(25)
|
(26)
|
(26)
|
(26)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(5)
|
(12)
|
|
Total Other Income |
(3)
|
(3)
|
(3)
|
(6)
|
(6)
|
(6)
|
(7)
|
(6)
|
1
|
2
|
(4)
|
(3)
|
(9)
|
(8)
|
(1)
|
(1)
|
2
|
1
|
1
|
2
|
(4)
|
|
Pre-Tax Income |
125
N/A
|
125
N/A
|
126
+1%
|
125
0%
|
139
+11%
|
135
-2%
|
139
+3%
|
150
+8%
|
134
-11%
|
122
-9%
|
114
-6%
|
111
-3%
|
89
-20%
|
70
-21%
|
50
-28%
|
8
-85%
|
30
+288%
|
56
+85%
|
92
+65%
|
134
+44%
|
132
-1%
|
|
Net Income | ||||||||||||||||||||||
Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(5)
|
(6)
|
(5)
|
1
|
3
|
7
|
8
|
2
|
3
|
(2)
|
(4)
|
(7)
|
(12)
|
(14)
|
|
Income from Continuing Operations |
125
|
125
|
126
|
125
|
139
|
135
|
138
|
145
|
128
|
117
|
115
|
114
|
96
|
78
|
52
|
11
|
29
|
52
|
85
|
122
|
118
|
|
Income to Minority Interest |
(25)
|
0
|
0
|
0
|
(22)
|
(40)
|
(76)
|
(109)
|
(104)
|
(90)
|
(81)
|
(77)
|
(64)
|
(52)
|
(34)
|
(7)
|
(19)
|
(35)
|
(56)
|
(79)
|
(76)
|
|
Net Income (Common) |
99
N/A
|
104
+4%
|
112
+8%
|
112
0%
|
117
+5%
|
95
-19%
|
62
-35%
|
36
-42%
|
24
-32%
|
27
+12%
|
34
+25%
|
37
+8%
|
32
-13%
|
26
-19%
|
18
-32%
|
4
-78%
|
10
+163%
|
17
+71%
|
29
+72%
|
43
+46%
|
42
-1%
|
|
EPS (Diluted) |
0.53
N/A
|
0.55
+4%
|
0.59
+7%
|
0.6
+2%
|
0.63
+5%
|
0.5
-21%
|
0.33
-34%
|
0.19
-42%
|
0.13
-32%
|
0.15
+15%
|
0.19
+27%
|
0.21
+11%
|
0.18
-14%
|
0.4
+122%
|
0.1
-75%
|
0.02
-80%
|
0.06
+200%
|
0.1
+67%
|
0.16
+60%
|
0.24
+50%
|
0.23
-4%
|