Cohen & Company Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $275.6M | $79.6M | $83.0M | $44.4M | $146.4M | $130.1M | $49.7M | $49.4M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $59.4M | $-8.0M | $6.9M | $-28.0M | $39.6M | $42.3M | $4.0M | $3.7M |
| Operating Margin | 21.6% | -10.1% | 8.3% | -63.0% | 27.1% | 32.5% | 8.1% | 7.4% |
| Interest Expense | $35.2M | $38.3M | $31.3M | $33.7M | $41.0M | $66.2M | $168.1M | $65.7M |
| Pretax Income | $39.5M | $7.9M | $15.9M | $-53.9M | $70.5M | $29.8M | $-4.1M | $-4.8M |
| Income Tax Expense | $-632.0K | $-329.0K | $5.5M | $4.8M | $-3.5M | $-8.7M | $-523.0K | $-841.0K |
| Net Income | $14.4M | $-129.0K | $-5.1M | $-13.4M | $11.8M | $14.2M | $-2.1M | $-2.5M |
| Net Margin | 5.2% | -0.2% | -6.2% | -30.2% | 8.1% | 10.9% | -4.1% | -5.0% |
| EPS (Basic) | $8.33 | $-0.08 | $-0.85 | $-2.36 | $2.49 | $3.14 | $-0.15 | $-0.18 |
| EPS (Diluted) | $4.35 | $-0.08 | $-0.85 | $-2.36 | $1.96 | $1.92 | $-0.15 | $-0.18 |
| Shares Outstanding (Basic) | 1.7M | 1.6M | 6.1M | 5.7M | 4.7M | 4.5M | 13.6M | 13.8M |
| Shares Outstanding (Diluted) | 6.0M | 5.7M | 6.1M | 5.7M | 21.1M | 20.4M | 20.2M | 20.2M |
| Dividends Per Share | $3.00 | $1.00 | $0.25 | $0.44 | $0.13 | $0.00 | $0.03 | $0.07 |