BRC Group Holdings, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $967.6M | $746.4M | $1.47B | $939.5M | $1.55B | $834.2M | $652.1M | $423.0M |
| Cost of Revenue | $145.4M | $167.6M | $172.8M | $60.8M | $27.0M | — | $7.6M | $800.0K |
| Gross Profit | $822.2M | $578.8M | $1.29B | $878.7M | $1.53B | — | $644.5M | $422.2M |
| Gross Margin | 85.0% | 77.5% | 88.2% | 93.5% | 98.3% | — | 98.8% | 99.8% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $599.7M | $689.4M | $764.9M | $654.8M | $906.2M | $428.5M | $385.2M | $310.5M |
| Operating Income | $75.6M | $-497.5M | $96.1M | $29.9M | $514.5M | $276.3M | $166.7M | $45.4M |
| Operating Margin | 7.8% | -66.7% | 6.6% | 3.2% | 33.1% | 33.1% | 25.6% | 10.7% |
| Interest Expense | $92.7M | $133.3M | $156.2M | $141.0M | $92.5M | $65.2M | $50.2M | $33.4M |
| Pretax Income | $229.6M | $-900.4M | $-199.3M | $-334.3M | $614.8M | $279.5M | $116.6M | $21.3M |
| Income Tax Expense | $-9.9M | $22.0M | $-39.1M | $-65.3M | $164.0M | $75.4M | $34.6M | $4.9M |
| Net Income | $307.4M | $-764.3M | $-99.9M | $-159.8M | $445.1M | $205.1M | $81.6M | $16.3M |
| Net Margin | 31.8% | -102.4% | -6.8% | -17.0% | 28.6% | 24.6% | 12.5% | 3.9% |
| EPS (Basic) | $9.80 | $-25.46 | $-3.69 | $-5.95 | $15.99 | $7.83 | $3.08 | $0.60 |
| EPS (Diluted) | $9.80 | $-25.46 | $-3.69 | $-5.95 | $15.09 | $7.56 | $2.95 | $0.58 |
| Shares Outstanding (Basic) | 30.6M | 30.3M | 29.3M | 28.2M | 27.4M | 25.6M | 26.4M | 25.9M |
| Shares Outstanding (Diluted) | 30.6M | 30.3M | 29.3M | 28.2M | 29.0M | 26.5M | 27.5M | 26.8M |
| Dividends Per Share | — | $1.00 | $4.00 | $4.00 | $12.50 | $1.33 | $1.49 | $0.74 |