
Newtek Business Services Corp
NASDAQ:NEWT

Gross Margin
Newtek Business Services Corp
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
Country | Company | Market Cap |
Gross Margin |
||
---|---|---|---|---|---|
US |
![]() |
Newtek Business Services Corp
NASDAQ:NEWT
|
306.9m USD |
93%
|
|
US |
![]() |
Blackstone Inc
NYSE:BX
|
218.1B USD |
0%
|
|
US |
![]() |
BlackRock Inc
NYSE:BLK
|
174.9B USD |
81%
|
|
US |
![]() |
KKR & Co Inc
NYSE:KKR
|
135.6B USD |
41%
|
|
CA |
![]() |
Brookfield Corp
NYSE:BN
|
111.3B USD |
35%
|
|
CA |
B
|
BROOKFIELD ASSET MANAGEMENT LTD
TSX:BAM
|
139.1B CAD |
0%
|
|
CA |
![]() |
Brookfield Asset Management Inc
NYSE:BAM
|
101.5B USD |
0%
|
|
ZA |
N
|
Ninety One Ltd
JSE:NY1
|
82.8B Zac |
85%
|
|
LU |
R
|
Reinet Investments SCA
JSE:RNI
|
72.7B Zac | N/A | |
US |
![]() |
Bank of New York Mellon Corp
NYSE:BK
|
71.1B USD |
0%
|
|
UK |
![]() |
3i Group PLC
LSE:III
|
40.4B GBP |
100%
|
Newtek Business Services Corp
Glance View
Newtek Business Services Corp. is a non-diversified closed-end management investment company. The company is headquartered in Boca Raton, Florida and currently employs 104 full-time employees. The firm's investment objective is to generate both current income and capital appreciation through loans originated by its business finance platform and its equity investments in certain portfolio companies that it controls. The company owns and controls certain portfolio companies under the Newtek brand that provides a range of business and financial solutions to small and medium-sized businesses (SMB). Its products and services include Business Lending, including the Small Business Administration (SBA), Electronic Payment Processing, Managed Technology Solutions, Data Backup, Technology Consulting, eCommerce, Accounts Receivable and Inventory Financing, personal and commercial Insurance Services, Web Services, Data Backup, Storage and Retrieval, and Payroll and Benefits Solutions to SMB accounts nationwide across all industries.

See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Newtek Business Services Corp's most recent financial statements, the company has Gross Margin of 93.4%.