Happen, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $998.8M | $787.0M | $864.6M | $1.19B | $818.6M | $314.7M | $758.6M | $694.8M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | $139.1M | $168.4M | $155.3M |
| SG&A Expense | — | — | — | — | — | $213.0M | $238.3M | $228.6M |
| Operating Income | $512.8M | $439.0M | $325.4M | $235.6M | $98.4M | $-37.3M | $216.4M | $257.3M |
| Operating Margin | 51.3% | 55.8% | 37.6% | 19.8% | 12.0% | -11.8% | 28.5% | 37.0% |
| Interest Expense | $335.9M | $373.9M | $270.8M | $82.5M | $80.0M | $150.4M | $247.3M | $385.6M |
| Pretax Income | $176.9M | $65.1M | $54.6M | $153.0M | $18.4M | $-187.6M | $-30.9M | $-128.3M |
| Income Tax Expense | $41.3M | $13.7M | $15.7M | $-136.6M | $-136.0K | $-79.0K | $-201.0K | $43.0K |
| Net Income | $135.7M | $51.3M | $38.9M | $289.7M | $18.6M | $-187.5M | $-30.7M | $-128.3M |
| Net Margin | 13.6% | 6.5% | 4.5% | 24.4% | 2.3% | -59.6% | -4.1% | -18.5% |
| EPS (Basic) | $1.18 | $0.46 | $0.36 | $2.80 | — | — | $-0.35 | $-1.52 |
| EPS (Diluted) | $1.16 | $0.45 | $0.36 | $2.79 | $0.18 | — | $-0.35 | $-1.52 |
| Shares Outstanding (Basic) | 114.6M | 111.7M | 108.5M | 103.5M | — | 88.1M | 87.3M | 84.6M |
| Shares Outstanding (Diluted) | 117.2M | 113.1M | 108.5M | 104.0M | 102.1M | 88.1M | 87.3M | 84.6M |
| Dividends Per Share | — | — | — | — | — | — | — | — |