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Income Statement
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GreenSky, Inc. (GSKY)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-05-18Dec-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K8-K10-K10-KS-1/A
Revenue          
Revenue  518.1525.6532.6420.3133.8325.9263.9173.5
            Revenue growth  -1.4%-1.3%26.7%29.0% 23.5%52.1% 
Interest and other  14.117.16.10.52.75.27.3 
    Total revenue  518.1525.6532.6420.3133.8325.9263.9173.5
            Total revenue growth  -1.4%-1.3%26.7%29.0% 23.5%52.1% 
Costs and expenses          
Cost of revenue  198.9309.3249.9     
Compensation and benefits  90.186.784.162.4 54.739.8 
Property, office and technology  18.016.616.712.74.210.18.0 
Depreciation and amortization  14.011.37.34.5 4.03.72.4
Sales, general and administrative  37.542.533.419.8    
Financial guarantee expense (benefit)  -15.25.020.7     
Related party  1.81.72.42.20.64.8  
Merger Related Costs  11.7       
    Total costs and expenses  356.9473.1414.4264.6123.3180.3144.180.4
    Operating profit  161.252.5118.3155.710.6145.6119.893.1
            Operating margin  31.1%10.0%22.2%37.1%7.9%44.7%45.4%53.7%
   
Other income (expense), net          
Interest and dividend income  0.61.23.1    1.9
Interest expense  -26.3-25.0-23.9-23.6-5.7-7.5  
Other (losses) gains, net  -3.81.6-8.60.9 -4.6-2.6 
    Total other income (expense), net  -29.5-22.3-29.4-22.2 -6.94.7 
    Income before income tax expense  131.730.388.8133.5 138.7124.5 
Income tax expense (benefit)  13.91.6-7.15.5-3.6   
    Net income  117.828.796.0128.0 138.7124.5 
Less: Net income attributable to noncontrolling interests  75.718.764.0103.7    
    Net income attributable to GreenSky, Inc.  42.110.032.024.35.3  93.8
   
Earnings per share of Class A common stock:          
Basic (in dollars per share)  $0.55$0.15$0.52$0.43   $5.72
Diluted (in dollars per share)  $0.55$0.14$0.49$0.41   $5.54

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