Tiptree Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|
| Revenue | $581.8M | $506.4M | $392.3M | $80.3M | $23.7M | $70.2M | $14.5M |
| Cost of Revenue | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — |
| Operating Expenses | |||||||
| Research & Development | — | — | — | — | — | — | — |
| SG&A Expense | $14.8M | $14.6M | $12.9M | $3.9M | — | $4.8M | $3.6M |
| Operating Income | $22.2M | $70.2M | $13.8M | $13.3M | $21.1M | $44.5M | — |
| Operating Margin | 3.8% | 13.9% | 3.5% | 16.6% | 89.0% | 63.4% | — |
| Interest Expense | $25.6M | $21.0M | $16.7M | $12.5M | $4.9M | $8.1M | — |
| Pretax Income | $-3.3M | $49.1M | $-2.9M | $788.0K | $16.3M | $36.5M | — |
| Income Tax Expense | $-12.6M | $12.5M | $-753.0K | $4.1M | $560.0K | $-321.0K | — |
| Net Income | $3.6M | $25.3M | $5.8M | $-1.7M | $10.4M | $8.7M | $16.5M |
| Net Margin | 0.6% | 5.0% | 1.5% | -2.1% | 43.8% | 12.4% | 114.2% |
| EPS (Basic) | — | — | — | $-0.10 | $1.01 | $0.85 | $1.63 |
| EPS (Diluted) | — | — | — | $-0.10 | $1.01 | $0.85 | $1.60 |
| Shares Outstanding (Basic) | — | — | 33.2M | 16.8M | 10.3M | 10.3M | 10.2M |
| Shares Outstanding (Diluted) | — | — | 33.2M | 16.8M | 10.3M | 10.3M | 10.3M |
| Dividends Per Share | — | — | — | — | — | $0.14 | — |