WEX Inc.
Income Statement
| Line Item | FY2009 | FY2008 |
|---|---|---|
| Revenue | $315.2M | $388.2M |
| Cost of Revenue | $27.7M | $20.4M |
| Gross Profit | $287.5M | $367.8M |
| Gross Margin | 91.2% | 94.8% |
| Operating Expenses | ||
| Research & Development | — | — |
| SG&A Expense | — | — |
| Operating Income | $118.2M | $161.4M |
| Operating Margin | 37.5% | 41.6% |
| Interest Expense | $10.3M | $29.6M |
| Pretax Income | $225.2M | $195.8M |
| Income Tax Expense | $85.6M | $68.1M |
| Net Income | $139.7M | $127.6M |
| Net Margin | 44.3% | 32.9% |
| EPS (Basic) | $3.65 | $3.28 |
| EPS (Diluted) | $3.55 | $3.22 |
| Shares Outstanding (Basic) | 38.3M | 38.9M |
| Shares Outstanding (Diluted) | 39.4M | 39.8M |
| Dividends Per Share | — | — |