Virtus Investment Partners Inc
NASDAQ:VRTS
Income Statement
Earnings Waterfall
Virtus Investment Partners Inc
Revenue
|
869.4m
USD
|
Operating Expenses
|
-718.1m
USD
|
Operating Income
|
151.3m
USD
|
Other Expenses
|
-29.5m
USD
|
Net Income
|
121.9m
USD
|
Income Statement
Virtus Investment Partners Inc
Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue |
1 015
N/A
|
996
-2%
|
954
-4%
|
886
-7%
|
832
-6%
|
820
-1%
|
829
+1%
|
845
+2%
|
869
+3%
|
|
Operating Income | ||||||||||
Operating Expenses |
(686)
|
(682)
|
(685)
|
(677)
|
(671)
|
(679)
|
(686)
|
(698)
|
(718)
|
|
Selling, General & Administrative |
(514)
|
(508)
|
(499)
|
(484)
|
(467)
|
(480)
|
(490)
|
(502)
|
(519)
|
|
Depreciation & Amortization |
(53)
|
(58)
|
(62)
|
(62)
|
(62)
|
(64)
|
(65)
|
(67)
|
(69)
|
|
Other Operating Expenses |
(118)
|
(116)
|
(124)
|
(131)
|
(142)
|
(135)
|
(131)
|
(130)
|
(131)
|
|
Operating Income |
329
N/A
|
314
-4%
|
269
-14%
|
209
-22%
|
160
-23%
|
141
-12%
|
143
+1%
|
147
+3%
|
151
+3%
|
|
Pre-Tax Income | ||||||||||
Interest Income Expense |
11
|
(43)
|
(52)
|
(41)
|
(8)
|
23
|
33
|
41
|
40
|
|
Non-Reccuring Items |
0
|
0
|
(4)
|
(4)
|
0
|
0
|
(1)
|
(1)
|
(2)
|
|
Total Other Income |
3
|
2
|
1
|
(0)
|
(1)
|
(2)
|
(1)
|
(0)
|
0
|
|
Pre-Tax Income |
342
N/A
|
274
-20%
|
214
-22%
|
164
-24%
|
151
-8%
|
162
+7%
|
174
+8%
|
187
+7%
|
190
+2%
|
|
Net Income | ||||||||||
Tax Provision |
(92)
|
(86)
|
(71)
|
(57)
|
(49)
|
(44)
|
(45)
|
(45)
|
(45)
|
|
Income from Continuing Operations |
250
|
188
|
143
|
107
|
102
|
118
|
129
|
141
|
145
|
|
Income to Minority Interest |
(45)
|
(29)
|
(11)
|
11
|
21
|
18
|
6
|
(11)
|
(23)
|
|
Net Income (Common) |
205
N/A
|
159
-22%
|
132
-17%
|
118
-11%
|
123
+5%
|
136
+10%
|
135
-1%
|
131
-3%
|
122
-7%
|
|
EPS (Diluted) |
26.1
N/A
|
20.9
-20%
|
17.68
-15%
|
15.5
-12%
|
16.61
+7%
|
18.41
+11%
|
18.32
0%
|
17.71
-3%
|
16.72
-6%
|