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Income Statement
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MONEYLION INC. (ML)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20
   10-K10-K10-K/A
Revenues   [+]330.6164.179.4
            Revenue growth  101.5%106.6% 
Cost of goods sold  0.00.00.0
Gross profit  330.6164.179.4
            Gross margin  100.0%100.0%100.0%
Selling, general and administrative   [+]439.4244.420.7
Other operating expenses  115.541.119.1
EBITDA   [+]-202.6-119.139.6
            EBITDA margin  -61.3%-72.6%49.9%
Depreciation  1.20.31.1
EBITA  -203.8-119.438.5
            EBITA margin  -61.7%-72.8%48.5%
Amortization of intangibles  20.42.0 
EBIT   [+]-224.3-121.538.5
            EBIT margin  -67.8%-74.0%48.5%
Non-recurring items  -1.78.3 
Interest expense    3.0
Other income (expense), net   [+]37.7-32.4-14.2
Pre-tax income  -214.7-169.421.3
Income taxes  -25.60.10.0
            Tax rate  11.9% 0.0%
Net income  -189.1-182.3-67.2
            Net margin  -57.2%-111.1%-84.6%
   
Basic EPS   [+]($0.78)($1.88)($1.49)
Diluted EPS   [+]($0.78)($1.88)($1.49)
   
Shares outstanding (basic)   [+]241.797.245.2
Shares outstanding (diluted)   [+]241.797.245.2
   
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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