NNINelnet, Inc.

$5B

Q3 2018 Earnings

Financial Services Financial - Credit Services

Income Statement

Revenue

$430M+39.7% YoY

Gross Profit

$239M55.7% margin

Operating Income

$57M13.3% margin

Net Income

$43M10.0% margin

EPS (Diluted)

$1.05

QoQ Revenue Growth

+4.6%

Cash Flow

Operating Cash Flow

$122M

Free Cash Flow

$90M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$25.1B

Total Liabilities

$22.8B

Stockholders' Equity

$2.3B

Cash & Equivalents

$84M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$430M	$308M	+39.7%
Gross Profit	$239M	$179M	+33.4%
Operating Income	$57M	$69M	-17.5%
Net Income	$43M	$46M	-7.3%

Revenue Segments

Loan Servicing And Systems Revenue

$113M25%

Loan Servicing And Systems

$113M25%

Education Technology Services And Payment Processing Services

$58M13%

Government Servicing - Great Lakes

$46M10%

Payment Processing

$27M6%

Tuition Payment Plan Services

$20M4%

Communication Revenue, Service Offering

$12M3%

Communications Services

$12M3%

Education Technology And Services

$11M3%

Private Education And Consumer Loan Servicing

$10M2%

Software Services

$8M2%

FFELP Servicing

$7M2%

Internet

$6M1%

Television

$3M1%

Outsourced Services Revenue And Other

$2M1%

Telephone

$2M0%

Administrative Service

$2M0%

Investment Advice

$1M0%

Other Service Offering

$263,0000%

Other Communication Revenue

$20,0000%