First Acceptance
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. First Acceptance's past years’ income statements indicate that its last revenue has increased compared to the previous period by 61% to $487,542,000. The net income raised on $73,912,000 and profit margin reached 15%. Total operating expenses were $487,542,000.
Profit Margin
| 2014 | 263.19M | 28.06M | 10.66% |
|---|---|---|---|
| 2015 | 331.89M | -1.93M | -0.58% |
| 2016 | 389.62M | -29.28M | -7.52% |
| 2017 | 347.51M | -8.60M | -2.48% |
| 2018 | 323.81M | 17.71M | 5.47% |
| 2019 | 292.69M | 15.35M | 5.25% |
| 2020 | 269.58M | 10.41M | 3.86% |
| 2021 | 285.24M | -1.22M | -0.43% |
| 2022 | 302.29M | -17.48M | -5.79% |
| 2023 | 487.54M | 73.91M | 15.16% |
FACO Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 487.54M | 302.29M | 285.24M | 269.58M | 292.69M | 323.81M | 347.51M | 389.62M | 331.89M | 263.19M |
Cost of revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Gross profit | 487.54M | 302.29M | 285.24M | 269.58M | 292.69M | 323.81M | 347.51M | 389.62M | 331.89M | 263.19M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 487.54M | -324.32M | -287.82M | -255.94M | -272.97M | -301.20M | 0 | 0 | 0 | 0 |
Operating income | 2.37M | -22.03M | -2.58M | 13.63M | 19.71M | 22.60M | 6.58M | -46.36M | -2.57M | 9.72M |
Other income (expenses), net | 96.65M | -22.03M | -2.58M | -511.88M | 19.71M | 0 | -229.31M | 1.23M | -6.64M | -165.95M |
Income before tax | 99.03M | -22.03M | -2.58M | 13.63M | 19.71M | 22.60M | 6.58M | -45.13M | -2.57M | 9.72M |
Income tax expense | 25.12M | -4.54M | -1.35M | 3.22M | 4.35M | 4.88M | 15.19M | -15.84M | -642K | -18.34M |
Net income | 73.91M | -17.48M | -1.22M | 10.41M | 15.35M | 17.71M | -8.60M | -29.28M | -1.93M | 28.06M |
Earnings per share | ||||||||||
Basic EPS | 1.94 | -0.46 | -0.03 | 0.27 | 0.37 | 0.43 | -0.21 | -0.71 | -0.04 | 0.68 |
Diluted EPS | 1.92 | -0.46 | -0.03 | 0.27 | 0.37 | 0.43 | -0.21 | -0.71 | -0.04 | 0.68 |