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SelectQuote, Inc. (SLQT)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsJun-30-22Jun-30-21Jun-30-20Jun-30-19Jun-05-19Jun-30-18
   10-K10-K10-K10-K/A8-K10-K
Revenues:  
    Senior  409.1595.1286.0192.3 102.4
    Life  20.1177.7127.8110.5 98.2
    Other  334.8157.2115.634.7 33.1
Total revenues  764.0930.0529.3337.5337.5233.7
            Revenue growth   [+]-17.8%75.7%56.9%44.4%  
Cost of goods sold  466.8270.7167.4104.4104.496.0
Gross profit  297.2659.3361.9233.0233.0137.6
            Gross margin  38.9%70.9%68.4%69.1%69.1%58.9%
Selling, general and administrative   [+]598.7467.0231.8136.8128.4107.2
Other operating expenses      8.3-12.7
Adjusted EBITDA  -269.6213.5147.6101.1101.146.7
            Adjusted EBITDA margin  -35.3%23.0%27.9%30.0%30.0%20.0%
Stock-based compensation  7.15.29.50.10.10.1
EBITDA   [+]-276.7208.4138.1101.0101.046.6
            EBITDA margin  -36.2%22.4%26.1%29.9%29.9%20.0%
Depreciation  18.111.57.54.64.73.4
EBITA  -294.8196.8130.796.496.343.3
            EBITA margin  -38.6%21.2%24.7%28.6%28.5%18.5%
Amortization of intangibles  6.64.60.50.1 0.1
EBIT   [+]-301.4192.2130.296.396.343.2
            EBIT margin  -39.4%20.7%24.6%28.5%28.5%18.5%
Non-recurring items   [+]44.6     
Interest expense  43.629.324.61.71.70.9
Other income (expense), net   [+]-0.2-4.9-1.60.00.0-0.7
Pre-tax income  -389.8158.0104.094.694.641.5
Income taxes  -92.333.224.522.022.06.6
            Tax rate  23.7%21.0%23.6%23.3%23.3%15.9%
Net income  -297.5124.979.572.672.634.9
            Net margin  -38.9%13.4%15.0%21.5%21.5%14.9%
   
Basic EPS   [+]($1.81)$0.77$815.25$0.85$0.85$0.43
Diluted EPS   [+]($1.81)$0.75$815.25$0.55$0.55$0.36
   
Dividends per share   [+]  $1.96$0.12 $0.12
   
Shares outstanding (basic)   [+]164.0162.90.185.485.481.3
Shares outstanding (diluted)   [+]164.0165.50.1132.5132.596.4
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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