OPENLANE, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.93B | $1.79B | $1.70B | $1.53B | $1.45B | $1.33B | $2.78B | $2.44B |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $445.2M | $408.6M | $421.8M | $436.3M | $420.7M | $374.5M | $662.0M | $608.8M |
| Operating Income | $196.6M | $182.2M | $-135.8M | $94.7M | $127.5M | $69.2M | $314.1M | $340.1M |
| Operating Margin | 10.2% | 10.2% | -8.0% | 6.2% | 8.8% | 5.2% | 11.3% | 13.9% |
| Interest Expense | $18.1M | $21.8M | $25.2M | $40.2M | $125.7M | $128.2M | $189.5M | $191.2M |
| Pretax Income | $192.2M | $157.9M | $-146.5M | $38.6M | $14.3M | $-64.8M | $130.1M | $151.9M |
| Income Tax Expense | $14.5M | $48.0M | $8.3M | $10.0M | $15.1M | $-11.2M | $37.7M | $34.3M |
| Net Income | $177.7M | $109.9M | $-154.1M | $241.2M | $66.5M | $500.0K | $188.5M | $328.0M |
| Net Margin | 9.2% | 6.1% | -9.1% | 15.8% | 4.6% | 0.0% | 6.8% | 13.4% |
| EPS (Basic) | $-0.96 | $0.46 | $-1.82 | $1.30 | $0.16 | $-0.35 | $1.43 | $2.44 |
| EPS (Diluted) | $-0.96 | $0.45 | $-1.82 | $1.30 | $0.16 | $-0.35 | $1.42 | $2.42 |
| Shares Outstanding (Basic) | 106.9M | 108.0M | 109.1M | 116.3M | 123.0M | 129.3M | 131.6M | 134.3M |
| Shares Outstanding (Diluted) | 106.9M | 109.2M | 109.1M | 116.3M | 123.0M | 129.3M | 132.9M | 135.7M |
| Dividends Per Share | — | — | — | $0.00 | $0.00 | $0.19 | $1.08 | $1.40 |