Newtek Historical Income Statement

NEWT Stock  USD 13.30  0.10  0.76%   
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.
  
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).

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.
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.
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).
 2021 2022 2023 2024 (projected)
Gross Profit118.0M85.0M208.8M219.3M
Total Revenue147.8M105.2M253.1M265.8M

Newtek Business income statement Correlations

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0.02-0.130.820.960.530.860.680.860.310.51-0.640.56-0.54-0.14-0.390.520.460.360.540.690.330.39-0.750.92
-0.36-0.130.23-0.10.52-0.070.12-0.090.83-0.44-0.13-0.41-0.090.71-0.220.2-0.52-0.44-0.51-0.270.26-0.240.12-0.02
-0.250.820.230.890.870.810.80.830.560.29-0.720.34-0.460.39-0.560.660.060.140.140.510.450.3-0.50.84
-0.040.96-0.10.890.590.890.750.920.350.56-0.660.61-0.53-0.07-0.450.580.410.410.480.70.350.44-0.620.9
-0.330.530.520.870.590.570.590.520.69-0.12-0.68-0.09-0.220.72-0.520.59-0.3-0.25-0.230.190.560.01-0.420.59
0.110.86-0.070.810.890.570.680.930.380.58-0.850.61-0.4-0.01-0.290.390.30.450.370.810.270.64-0.590.72
-0.60.680.120.80.750.590.680.840.310.2-0.670.28-0.670.25-0.150.28-0.070.07-0.020.450.370.35-0.280.83
-0.080.86-0.090.830.920.520.930.840.320.61-0.760.66-0.6-0.01-0.310.430.310.480.390.820.160.69-0.470.8
-0.10.310.830.560.350.690.380.310.32-0.03-0.430.0-0.260.55-0.450.47-0.11-0.11-0.090.240.260.09-0.280.29
0.520.51-0.440.290.56-0.120.580.20.61-0.03-0.130.99-0.21-0.5-0.340.370.790.970.790.75-0.290.72-0.120.25
0.11-0.64-0.13-0.72-0.66-0.68-0.85-0.67-0.76-0.43-0.13-0.160.34-0.260.08-0.180.120.00.04-0.61-0.37-0.490.59-0.6
0.460.56-0.410.340.61-0.090.610.280.660.00.99-0.16-0.32-0.49-0.350.390.780.970.790.78-0.30.74-0.150.32
0.36-0.54-0.09-0.46-0.53-0.22-0.4-0.67-0.6-0.26-0.210.34-0.320.080.17-0.26-0.18-0.2-0.18-0.470.13-0.420.28-0.61
-0.48-0.140.710.39-0.070.72-0.010.25-0.010.55-0.5-0.26-0.490.08-0.290.27-0.68-0.54-0.66-0.250.29-0.230.130.02
-0.18-0.39-0.22-0.56-0.45-0.52-0.29-0.15-0.31-0.45-0.340.08-0.350.17-0.29-0.99-0.38-0.31-0.4-0.290.02-0.20.24-0.27
0.120.520.20.660.580.590.390.280.430.470.37-0.180.39-0.260.27-0.990.390.310.420.350.070.22-0.330.42
0.60.46-0.520.060.41-0.30.3-0.070.31-0.110.790.120.78-0.18-0.68-0.380.390.750.980.61-0.310.44-0.380.2
0.570.36-0.440.140.41-0.250.450.070.48-0.110.970.00.97-0.2-0.54-0.310.310.750.750.66-0.430.730.030.08
0.610.54-0.510.140.48-0.230.37-0.020.39-0.090.790.040.79-0.18-0.66-0.40.420.980.750.64-0.270.46-0.410.29
0.370.69-0.270.510.70.190.810.450.820.240.75-0.610.78-0.47-0.25-0.290.350.610.660.64-0.250.88-0.510.47
-0.440.330.260.450.350.560.270.370.160.26-0.29-0.37-0.30.130.290.020.07-0.31-0.43-0.27-0.25-0.5-0.330.48
0.370.39-0.240.30.440.010.640.350.690.090.72-0.490.74-0.42-0.23-0.20.220.440.730.460.88-0.5-0.140.18
-0.17-0.750.12-0.5-0.62-0.42-0.59-0.28-0.47-0.28-0.120.59-0.150.280.130.24-0.33-0.380.03-0.41-0.51-0.33-0.14-0.64
-0.350.92-0.020.840.90.590.720.830.80.290.25-0.60.32-0.610.02-0.270.420.20.080.290.470.480.18-0.64
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Newtek Business Account Relationship Matchups

Newtek Business income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization68.3M52.0M54.7M92.5M2.9M2.7M
Interest Expense20.4M17.9M20.5M26.3M67.7M71.1M
Selling General Administrative10.2M9.4M13.1M14.8M22.4M23.7M
Total Revenue88.8M75.0M147.8M105.2M253.1M265.8M
Gross Profit74.5M56.3M118.0M85.0M208.8M219.3M
Other Operating Expenses47.4M42.3M62.3M92.7M145.4M152.7M
Operating Income14.3M32.6M85.5M65.1M97.5M102.4M
Ebit(53.4M)(67K)51.8M(69.2M)122.8M129.0M
Ebitda14.8M52.0M106.5M23.2M125.7M132.0M
Total Operating Expenses44.5M42.3M62.3M66.4M101.1M61.8M
Income Before Tax44.3M32.6M85.5M38.8M45.4M47.6M
Total Other Income Expense Net30.0M(19.3M)(21.0M)(27.0M)(52.2M)(49.6M)
Net Income41.1M33.6M84.1M32.3M47.3M49.7M
Income Tax Expense3.2M(999K)1.3M6.5M(2.0M)(1.9M)
Cost Of Revenue14.3M18.7M29.8M20.2M44.3M33.7M
Net Income Applicable To Common Shares41.1M33.6M84.1M32.3M37.2M23.5M
Net Income From Continuing Ops41.1M33.6M84.1M32.3M26.3M39.5M
Interest Income29.5M64.8M79.0M38.6M80.6M43.3M
Tax Provision3.2M(999K)1.3M6.5M7.0M7.3M
Net Interest Income9.1M46.9M58.5M12.3M22.0M22.9M
Research Development0.370.320.520.250.180.3

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Additional Tools for Newtek Stock Analysis

When running Newtek Business' price analysis, check to measure Newtek Business' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Newtek Business is operating at the current time. Most of Newtek Business' value examination focuses on studying past and present price action to predict the probability of Newtek Business' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Newtek Business' price. Additionally, you may evaluate how the addition of Newtek Business to your portfolios can decrease your overall portfolio volatility.