GWG Holdings
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. GWG Holdings's past years’ income statements indicate that its last revenue has increased compared to the previous period by 35% to $124,371,000. Profit margin reached -174%. Total operating expenses were $30,075,000.
Profit Margin
| 2011 | 17.86M | -2.82M | -15.82% |
|---|---|---|---|
| 2012 | 17.52M | -1.01M | -5.78% |
| 2013 | 29.81M | -194.95K | -0.65% |
| 2014 | 30.47M | -5.96M | -19.57% |
| 2015 | 39.63M | -7.39M | -18.65% |
| 2016 | 68.54M | 391.90K | 0.57% |
| 2017 | 63.57M | -20.63M | -32.45% |
| 2018 | -390.29K | -119.45M | 30605.73% |
| 2019 | 92.27M | 108.10M | 117.16% |
| 2020 | 124.37M | -215.83M | -173.54% |
GWGH Income Statement (2011 – 2020)
| 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 124.37M | 92.27M | -390.29K | 63.57M | 68.54M | 39.63M | 30.47M | 29.81M | 17.52M | 17.86M |
Cost of revenue | 0 | 143.15M | 97.54M | 69.28M | 54.12M | 39.59M | 31.68M | 25.80M | 13.78M | 9.94M |
Gross profit | 124.37M | -50.87M | -97.93M | -5.70M | 14.42M | 34.27K | -1.20M | 4.00M | 3.74M | 7.92M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 157.40M | 1.61M | 1.85M | 14.86M | 11.78M | 8.01M | 4.96M | 5.04M | 0 | 0 |
Total operating expenses | 30.07M | 28.56M | 17.23M | 17.57M | 14.62M | 10.93M | 7.15M | 5.27M | 3.56M | 2.84M |
Operating income | -70.29M | 35.4M | -35.03M | 31.13M | 42.13M | 20.68M | 18.35M | 19.48M | 11.05M | 5.07M |
Other income (expenses), net | -154.61M | -114.99M | -84.43M | -53.86M | -41.41M | -31.58M | -26.71M | -17.51M | -10.87M | 3.59M |
Income before tax | -224.91M | -79.59M | -119.46M | -22.72M | 725.31K | -10.90M | -8.36M | 1.97M | 180.29K | 1.48M |
Income tax expense | -16.39M | 57.93M | -17.50K | -2.09M | 333.40K | -3.50M | -2.40M | 2.17M | 1.19M | 4.30M |
Net income | -215.83M | 108.10M | -119.45M | -20.63M | 391.90K | -7.39M | -5.96M | -194.95K | -1.01M | -2.82M |
Earnings per share | ||||||||||
Basic EPS | -7.69 | 3.07 | -19.59 | -3.54 | 0.06 | -1.25 | -1.21 | -0.03 | -0.17 | -0.48 |
Diluted EPS | -7.69 | 3.07 | -19.59 | -3.54 | 0.06 | -1.25 | -1.21 | -0.03 | -0.17 | -0.48 |
| Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source |