NEWT FY 2021 Earnings Report — NewtekOne, Inc. Revenue & Financial Results | Market Cap Arena

NewtekOne, Inc.NEWT

FY 2021 Earnings

Reported March 1, 2022

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2021	Prior Q	FY 2020	QoQ Change	YoY Change
Revenue	$168M	—	$93M	—	81.3%
Op. Income	$85M	—	$33M	—	162.0%
Gross Margin	87.8%	—	80.7%	—	7.1pp
Net Margin	50.0%	—	36.2%	—	13.8pp
EPS (Diluted)	$3.69	—	$1.59	—	132.1%
Free Cash Flow	$141M	—	$18M	—	693.8%

Revenue Flow

Item	Amount
REVENUE	$168M
Cost of Revenue	$21M
GROSS PROFIT	$148M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$25M
SG&A Expenses	$25M
Other Expenses	$37M
Operating Expenses	$62M
Cost & Expenses	$83M
OPERATING INCOME	$85M
Interest Income	$79M
Interest Expense	$21M
Other Income/Expenses	$0
INCOME BEFORE TAX	$85M
Income Tax Expense	$1M
Net Income from Continuing Ops	$84M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$84M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$84M
D&A	$304.0K
EBIT	$85M
EBITDA	$86M
EPS	$4
EPS Diluted	$4

Income Statement

Item	Amount
REVENUE	$168M
Cost of Revenue	$21M
GROSS PROFIT	$148M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$25M
SG&A Expenses	$25M
Other Expenses	$37M
Operating Expenses	$62M
Cost & Expenses	$83M
OPERATING INCOME	$85M
Interest Income	$79M
Interest Expense	$21M
Other Income/Expenses	$0
INCOME BEFORE TAX	$85M
Income Tax Expense	$1M
Net Income from Continuing Ops	$84M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$84M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$84M
D&A	$304.0K
EBIT	$85M
EBITDA	$86M
EPS	$4
EPS Diluted	$4

Cash Flow Statement

Item	Amount
Net Income	$84M
Depreciation & Amortization	$304.0K
Stock-Based Compensation	$0
Deferred Income Tax	$1M
Other Non-Cash Items	-$84M
Change in Working Capital	$139M
OPERATING CASH FLOW	$141M
Capital Expenditure	$0
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$0
NET CASH FROM INVESTING	$0
Net Debt Issuance	$22M
Common Stock Repurchased	$0
Common Dividends Paid	-$70M
Other Financing Activities	-$7M
NET CASH FROM FINANCING	-$5M
FREE CASH FLOW	$141M
Net Change in Cash	$135M

Balance Sheet

Item	Amount
Cash & Equivalents	$2M
Short-Term Investments	$0
Net Receivables	$49M
Inventory	$0
Other Current Assets	$191M
TOTAL CURRENT ASSETS	$243M
PP&E (Net)	$7M
Goodwill	$0
Intangible Assets	$28M
Long-Term Investments	$759M
Tax Assets	$0
Other Non-Current Assets	$24M
TOTAL NON-CURRENT ASSETS	$818M
TOTAL ASSETS	$1.1B
Account Payables	$3M
Short-Term Debt	$183.0K
Deferred Revenue	$0
Other Current Liabilities	-$2M
TOTAL CURRENT LIABILITIES	$11M
Long-Term Debt	$472M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$0
TOTAL NON-CURRENT LIABILITIES	$481M
TOTAL LIABILITIES	$653M
Common Stock	$483.0K
Additional Paid-In Capital	$368M
Retained Earnings	$36M
Treasury Stock	$0
Accum. Other Comp. Income	$0
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$404M
Minority Interest	$0
TOTAL EQUITY	$404M
TOTAL LIABILITIES & EQUITY	$1.1B
Total Debt	$481M
Net Debt	$479M