HireRight Holdings Corp
NYSE:HRT
Income Statement
Earnings Waterfall
HireRight Holdings Corp
Revenue
|
721.9m
USD
|
Cost of Revenue
|
-371.7m
USD
|
Gross Profit
|
350.2m
USD
|
Operating Expenses
|
-265.7m
USD
|
Operating Income
|
84.5m
USD
|
Other Expenses
|
-96m
USD
|
Net Income
|
-11.6m
USD
|
Income Statement
HireRight Holdings Corp
Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||
Revenue |
602
N/A
|
825
+37%
|
830
+1%
|
807
-3%
|
783
-3%
|
753
-4%
|
731
-3%
|
722
-1%
|
|
Gross Profit | |||||||||
Cost of Revenue |
(335)
|
(455)
|
(454)
|
(436)
|
(418)
|
(393)
|
(375)
|
(372)
|
|
Gross Profit |
268
N/A
|
370
+38%
|
376
+2%
|
371
-1%
|
366
-1%
|
360
-2%
|
356
-1%
|
350
-2%
|
|
Operating Income | |||||||||
Operating Expenses |
(214)
|
(286)
|
(287)
|
(273)
|
(279)
|
(276)
|
(272)
|
(266)
|
|
Selling, General & Administrative |
(154)
|
(208)
|
(209)
|
(198)
|
(202)
|
(198)
|
(192)
|
(184)
|
|
Depreciation & Amortization |
(60)
|
(78)
|
(78)
|
(75)
|
(76)
|
(79)
|
(80)
|
(82)
|
|
Operating Income |
54
N/A
|
84
+56%
|
89
+7%
|
98
+10%
|
87
-11%
|
84
-4%
|
84
+0%
|
84
+1%
|
|
Pre-Tax Income | |||||||||
Interest Income Expense |
(46)
|
(51)
|
(41)
|
(32)
|
(37)
|
(46)
|
(60)
|
(57)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
(10)
|
(18)
|
(24)
|
(37)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
|
Total Other Income |
(0)
|
(0)
|
(1)
|
(0)
|
(1)
|
(1)
|
(2)
|
(1)
|
|
Pre-Tax Income |
7
N/A
|
32
+351%
|
48
+49%
|
66
+37%
|
39
-40%
|
19
-51%
|
(1)
N/A
|
(12)
-723%
|
|
Net Income | |||||||||
Tax Provision |
(1)
|
(2)
|
69
|
79
|
86
|
84
|
10
|
(0)
|
|
Income from Continuing Operations |
6
|
30
|
116
|
145
|
125
|
103
|
8
|
(12)
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
|
Net Income (Common) |
6
N/A
|
30
+414%
|
116
+284%
|
145
+24%
|
125
-13%
|
103
-18%
|
8
-92%
|
(12)
N/A
|
|
EPS (Diluted) |
0.08
N/A
|
0.39
+388%
|
1.47
+277%
|
1.82
+24%
|
1.61
-12%
|
1.39
-14%
|
0.1
-93%
|
-0.16
N/A
|