Newtek Historical Income Statement

NEWT Stock

USD 13.01 0.29 2.18%

Historical analysis of Newtek Business income statement accounts such as Total Revenue of 265.8 M can show how well Newtek Business Services performed in making a profits. Evaluating Newtek Business income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Newtek Business's future profits or losses.

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Financial Statement Analysis is much more than just reviewing and examining Newtek Business Services latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Newtek Business Services is a good buy for the upcoming year.

Net Income Gross Profit

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Newtek Business Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

About Newtek Income Statement Analysis

Newtek Business Services Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Newtek Business shareholders. The income statement also shows Newtek investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Newtek Business Income Statement Chart

At this time, Newtek Business' Income Before Tax is comparatively stable compared to the past year. Net Income is likely to gain to about 49.7 M in 2024, despite the fact that Total Other Income Expense Net is likely to grow to (49.6 M).

Selling General Administrative Total Revenue Gross Profit Other Operating Expenses Income Before Tax Non Recurring

Total Revenue

Total revenue comprises all receipts Newtek Business Services generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Newtek Business Services minus its cost of goods sold. It is profit before Newtek Business operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Newtek Business Services. It is also known as Newtek Business overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Newtek Business income statement and is an important metric when analyzing Newtek Business Services profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Most accounts from Newtek Business' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Newtek Business Services current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Newtek Business Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

	2021	2022	2023	2024 (projected)
Gross Profit	118.0M	85.0M	208.8M	219.3M
Total Revenue	147.8M	105.2M	253.1M	265.8M

Gross Profit Total Revenue

Newtek Business income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Cost Of Revenue	Extraordinary Items	Minority Interest	Selling And Marketing Expenses	Net Income From Continuing Ops	Non Recurring	Interest Income	Tax Provision	Net Interest Income	Research Development	Reconciled Depreciation
Depreciation And Amortization		0.02	-0.36	-0.25	-0.04	-0.33	0.11	-0.6	-0.08	-0.1	0.52	0.11	0.46	0.36	-0.48	-0.18	0.12	0.6	0.57	0.61	0.37	-0.44	0.37	-0.17	-0.35
Interest Expense	0.02		-0.13	0.82	0.96	0.53	0.86	0.68	0.86	0.31	0.51	-0.64	0.56	-0.54	-0.14	-0.39	0.52	0.46	0.36	0.54	0.69	0.33	0.39	-0.75	0.92
Selling General Administrative	-0.36	-0.13		0.23	-0.1	0.52	-0.07	0.12	-0.09	0.83	-0.44	-0.13	-0.41	-0.09	0.71	-0.22	0.2	-0.52	-0.44	-0.51	-0.27	0.26	-0.24	0.12	-0.02
Total Revenue	-0.25	0.82	0.23		0.89	0.87	0.81	0.8	0.83	0.56	0.29	-0.72	0.34	-0.46	0.39	-0.56	0.66	0.06	0.14	0.14	0.51	0.45	0.3	-0.5	0.84
Gross Profit	-0.04	0.96	-0.1	0.89		0.59	0.89	0.75	0.92	0.35	0.56	-0.66	0.61	-0.53	-0.07	-0.45	0.58	0.41	0.41	0.48	0.7	0.35	0.44	-0.62	0.9
Other Operating Expenses	-0.33	0.53	0.52	0.87	0.59		0.57	0.59	0.52	0.69	-0.12	-0.68	-0.09	-0.22	0.72	-0.52	0.59	-0.3	-0.25	-0.23	0.19	0.56	0.01	-0.42	0.59
Operating Income	0.11	0.86	-0.07	0.81	0.89	0.57		0.68	0.93	0.38	0.58	-0.85	0.61	-0.4	-0.01	-0.29	0.39	0.3	0.45	0.37	0.81	0.27	0.64	-0.59	0.72
Ebit	-0.6	0.68	0.12	0.8	0.75	0.59	0.68		0.84	0.31	0.2	-0.67	0.28	-0.67	0.25	-0.15	0.28	-0.07	0.07	-0.02	0.45	0.37	0.35	-0.28	0.83
Ebitda	-0.08	0.86	-0.09	0.83	0.92	0.52	0.93	0.84		0.32	0.61	-0.76	0.66	-0.6	-0.01	-0.31	0.43	0.31	0.48	0.39	0.82	0.16	0.69	-0.47	0.8
Total Operating Expenses	-0.1	0.31	0.83	0.56	0.35	0.69	0.38	0.31	0.32		-0.03	-0.43	0.0	-0.26	0.55	-0.45	0.47	-0.11	-0.11	-0.09	0.24	0.26	0.09	-0.28	0.29
Income Before Tax	0.52	0.51	-0.44	0.29	0.56	-0.12	0.58	0.2	0.61	-0.03		-0.13	0.99	-0.21	-0.5	-0.34	0.37	0.79	0.97	0.79	0.75	-0.29	0.72	-0.12	0.25
Total Other Income Expense Net	0.11	-0.64	-0.13	-0.72	-0.66	-0.68	-0.85	-0.67	-0.76	-0.43	-0.13		-0.16	0.34	-0.26	0.08	-0.18	0.12	0.0	0.04	-0.61	-0.37	-0.49	0.59	-0.6
Net Income	0.46	0.56	-0.41	0.34	0.61	-0.09	0.61	0.28	0.66	0.0	0.99	-0.16		-0.32	-0.49	-0.35	0.39	0.78	0.97	0.79	0.78	-0.3	0.74	-0.15	0.32
Income Tax Expense	0.36	-0.54	-0.09	-0.46	-0.53	-0.22	-0.4	-0.67	-0.6	-0.26	-0.21	0.34	-0.32		0.08	0.17	-0.26	-0.18	-0.2	-0.18	-0.47	0.13	-0.42	0.28	-0.61
Cost Of Revenue	-0.48	-0.14	0.71	0.39	-0.07	0.72	-0.01	0.25	-0.01	0.55	-0.5	-0.26	-0.49	0.08		-0.29	0.27	-0.68	-0.54	-0.66	-0.25	0.29	-0.23	0.13	0.02
Extraordinary Items	-0.18	-0.39	-0.22	-0.56	-0.45	-0.52	-0.29	-0.15	-0.31	-0.45	-0.34	0.08	-0.35	0.17	-0.29		-0.99	-0.38	-0.31	-0.4	-0.29	0.02	-0.2	0.24	-0.27
Minority Interest	0.12	0.52	0.2	0.66	0.58	0.59	0.39	0.28	0.43	0.47	0.37	-0.18	0.39	-0.26	0.27	-0.99		0.39	0.31	0.42	0.35	0.07	0.22	-0.33	0.42
Selling And Marketing Expenses	0.6	0.46	-0.52	0.06	0.41	-0.3	0.3	-0.07	0.31	-0.11	0.79	0.12	0.78	-0.18	-0.68	-0.38	0.39		0.75	0.98	0.61	-0.31	0.44	-0.38	0.2
Net Income From Continuing Ops	0.57	0.36	-0.44	0.14	0.41	-0.25	0.45	0.07	0.48	-0.11	0.97	0.0	0.97	-0.2	-0.54	-0.31	0.31	0.75		0.75	0.66	-0.43	0.73	0.03	0.08
Non Recurring	0.61	0.54	-0.51	0.14	0.48	-0.23	0.37	-0.02	0.39	-0.09	0.79	0.04	0.79	-0.18	-0.66	-0.4	0.42	0.98	0.75		0.64	-0.27	0.46	-0.41	0.29
Interest Income	0.37	0.69	-0.27	0.51	0.7	0.19	0.81	0.45	0.82	0.24	0.75	-0.61	0.78	-0.47	-0.25	-0.29	0.35	0.61	0.66	0.64		-0.25	0.88	-0.51	0.47
Tax Provision	-0.44	0.33	0.26	0.45	0.35	0.56	0.27	0.37	0.16	0.26	-0.29	-0.37	-0.3	0.13	0.29	0.02	0.07	-0.31	-0.43	-0.27	-0.25		-0.5	-0.33	0.48
Net Interest Income	0.37	0.39	-0.24	0.3	0.44	0.01	0.64	0.35	0.69	0.09	0.72	-0.49	0.74	-0.42	-0.23	-0.2	0.22	0.44	0.73	0.46	0.88	-0.5		-0.14	0.18
Research Development	-0.17	-0.75	0.12	-0.5	-0.62	-0.42	-0.59	-0.28	-0.47	-0.28	-0.12	0.59	-0.15	0.28	0.13	0.24	-0.33	-0.38	0.03	-0.41	-0.51	-0.33	-0.14		-0.64
Reconciled Depreciation	-0.35	0.92	-0.02	0.84	0.9	0.59	0.72	0.83	0.8	0.29	0.25	-0.6	0.32	-0.61	0.02	-0.27	0.42	0.2	0.08	0.29	0.47	0.48	0.18	-0.64

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Newtek Business Account Relationship Matchups

Newtek Business income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	68.3M	52.0M	54.7M	92.5M	2.9M	2.7M
Interest Expense	20.4M	17.9M	20.5M	26.3M	67.7M	71.1M
Selling General Administrative	10.2M	9.4M	13.1M	14.8M	22.4M	23.7M
Total Revenue	88.8M	75.0M	147.8M	105.2M	253.1M	265.8M
Gross Profit	74.5M	56.3M	118.0M	85.0M	208.8M	219.3M
Other Operating Expenses	47.4M	42.3M	62.3M	92.7M	145.4M	152.7M
Operating Income	14.3M	32.6M	85.5M	65.1M	97.5M	102.4M
Ebit	(53.4M)	(67K)	51.8M	(69.2M)	122.8M	129.0M
Ebitda	14.8M	52.0M	106.5M	23.2M	125.7M	132.0M
Total Operating Expenses	44.5M	42.3M	62.3M	66.4M	101.1M	61.8M
Income Before Tax	44.3M	32.6M	85.5M	38.8M	45.4M	47.6M
Total Other Income Expense Net	30.0M	(19.3M)	(21.0M)	(27.0M)	(52.2M)	(49.6M)
Net Income	41.1M	33.6M	84.1M	32.3M	47.3M	49.7M
Income Tax Expense	3.2M	(999K)	1.3M	6.5M	(2.0M)	(1.9M)
Cost Of Revenue	14.3M	18.7M	29.8M	20.2M	44.3M	33.7M
Net Income Applicable To Common Shares	41.1M	33.6M	84.1M	32.3M	37.2M	23.5M
Net Income From Continuing Ops	41.1M	33.6M	84.1M	32.3M	26.3M	39.5M
Interest Income	29.5M	64.8M	79.0M	38.6M	80.6M	43.3M
Tax Provision	3.2M	(999K)	1.3M	6.5M	7.0M	7.3M
Net Interest Income	9.1M	46.9M	58.5M	12.3M	22.0M	22.9M
Research Development	0.37	0.32	0.52	0.25	0.18	0.3

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Newtek Historical Income Statement

About Newtek Income Statement Analysis

Newtek Business Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Income Before Tax

Newtek Business income statement Correlations

Newtek Business Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Newtek Business income statement Accounts

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Net Income	+ 0.99	Income Before Tax
Non Recurring	+ 0.98	Selling And Marketing Expenses
Net Income From Continuing Ops	+ 0.97	Income Before Tax
Net Income From Continuing Ops	+ 0.97	Net Income
Gross Profit	+ 0.96	Interest Expense
Ebitda	+ 0.93	Operating Income

Minority Interest	- 0.99	Extraordinary Items
Total Other Income Expense Net	- 0.85	Operating Income
Total Other Income Expense Net	- 0.76	Ebitda
Research Development	- 0.75	Interest Expense
Total Other Income Expense Net	- 0.72	Total Revenue
Selling And Marketing Expenses	- 0.68	Cost Of Revenue