SelectQuote Inc
NYSE:SLQT
Income Statement
Earnings Waterfall
SelectQuote Inc
Revenue
|
1.2B
USD
|
Cost of Revenue
|
-626.5m
USD
|
Gross Profit
|
532.8m
USD
|
Operating Expenses
|
-501.9m
USD
|
Operating Income
|
30.9m
USD
|
Other Expenses
|
-81.1m
USD
|
Net Income
|
-50.2m
USD
|
Income Statement
SelectQuote Inc
Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||
Revenue |
620
N/A
|
885
+43%
|
930
+5%
|
963
+4%
|
800
-17%
|
809
+1%
|
764
-6%
|
767
+0%
|
892
+16%
|
918
+3%
|
1 003
+9%
|
1 073
+7%
|
1 159
+8%
|
|
Gross Profit | ||||||||||||||
Cost of Revenue |
(176)
|
(247)
|
(271)
|
(311)
|
(374)
|
(418)
|
(467)
|
(477)
|
(472)
|
(498)
|
(528)
|
(577)
|
(627)
|
|
Gross Profit |
444
N/A
|
637
+44%
|
659
+3%
|
652
-1%
|
426
-35%
|
391
-8%
|
297
-24%
|
291
-2%
|
421
+45%
|
420
0%
|
475
+13%
|
497
+4%
|
533
+7%
|
|
Operating Income | ||||||||||||||
Operating Expenses |
(282)
|
(422)
|
(467)
|
(527)
|
(598)
|
(610)
|
(599)
|
(623)
|
(526)
|
(494)
|
(464)
|
(468)
|
(502)
|
|
Selling, General & Administrative |
(281)
|
(421)
|
(467)
|
(521)
|
(593)
|
(608)
|
(599)
|
(577)
|
(479)
|
(445)
|
(458)
|
(463)
|
(498)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(3)
|
(4)
|
(5)
|
(5)
|
(4)
|
|
Other Operating Expenses |
0
|
0
|
0
|
(5)
|
(5)
|
0
|
0
|
(45)
|
(45)
|
(45)
|
0
|
0
|
0
|
|
Operating Income |
162
N/A
|
216
+34%
|
193
-11%
|
126
-35%
|
(172)
N/A
|
(219)
-28%
|
(301)
-38%
|
(333)
-10%
|
(106)
+68%
|
(74)
+30%
|
12
N/A
|
29
+147%
|
31
+8%
|
|
Pre-Tax Income | ||||||||||||||
Interest Income Expense |
(22)
|
(29)
|
(29)
|
(31)
|
(35)
|
(40)
|
(44)
|
(52)
|
(62)
|
(71)
|
(81)
|
(85)
|
(89)
|
|
Non-Reccuring Items |
0
|
(5)
|
(5)
|
0
|
0
|
0
|
(45)
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
(2)
|
(2)
|
(0)
|
1
|
1
|
1
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Pre-Tax Income |
138
N/A
|
180
+30%
|
158
-12%
|
95
-40%
|
(206)
N/A
|
(258)
-25%
|
(390)
-51%
|
(384)
+1%
|
(168)
+56%
|
(146)
+13%
|
(69)
+53%
|
(57)
+18%
|
(58)
-2%
|
|
Net Income | ||||||||||||||
Tax Provision |
(30)
|
(37)
|
(33)
|
(18)
|
55
|
65
|
92
|
90
|
34
|
28
|
11
|
10
|
8
|
|
Income from Continuing Operations |
108
|
143
|
125
|
77
|
(151)
|
(193)
|
(298)
|
(294)
|
(134)
|
(118)
|
(59)
|
(47)
|
(50)
|
|
Net Income (Common) |
106
N/A
|
141
+33%
|
125
-12%
|
77
-38%
|
(151)
N/A
|
(193)
-28%
|
(298)
-54%
|
(294)
+1%
|
(134)
+54%
|
(118)
+12%
|
(59)
+50%
|
(47)
+19%
|
(50)
-7%
|
|
EPS (Diluted) |
0.64
N/A
|
0.85
+33%
|
0.75
-12%
|
0.46
-39%
|
-0.92
N/A
|
-1.17
-27%
|
-1.81
-55%
|
-1.79
+1%
|
-0.81
+55%
|
-0.71
+12%
|
-0.35
+51%
|
-0.28
+20%
|
-0.31
-11%
|