GWG Holdings (GWG Holdings) Net Income (Continuing Operations) : $-264.97 Mil (TTM As of Sep. 2021)

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What is GWG Holdings Net Income (Continuing Operations)?

Net Income (Continuing Operations) indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. GWG Holdings's Net Income (Continuing Operations) for the three months ended in Sep. 2021 was $-48.09 Mil. Its Net Income (Continuing Operations) for the trailing twelve months (TTM) ended in Sep. 2021 was $-264.97 Mil.

GWG Holdings Net Income (Continuing Operations) Historical Data

The historical data trend for GWG Holdings's Net Income (Continuing Operations) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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GWG Holdings Net Income (Continuing Operations) Chart

GWG Holdings Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Net Income (Continuing Operations)

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0.39

-20.63

-119.45

87.41

-215.84

GWG Holdings Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Net Income (Continuing Operations)	Get a 7-Day Free Trial															-24.15	-73.70	-67.01	-76.18	-48.09

GWG Holdings Net Income (Continuing Operations) Calculation

Net Income (Continuing Operations) indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period.

Net Income (Continuing Operations) for the trailing twelve months (TTM) ended in Sep. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-264.97 Mil.

GWG Holdings (OTCPK:GWGHQ) Net Income (Continuing Operations) Explanation

Net Income (Continuing Operations) excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.

GWG Holdings Net Income (Continuing Operations) Related Terms

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GWG Holdings (GWG Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » GWG Holdings Inc (OTCPK:GWGHQ) » Definitions » Net Income (Continuing Operations)

Comparable Companies

Traded in Other Exchanges

N/A

Address

325 North St. Paul Street, Suite 2650, Dallas, TX, USA, 75201

Website

https://www.gwgh.com

GWG Holdings Inc is a financial service company engaged in life insurance and related business. Its reportable segments include Secondary Life Insurance and Investment in Beneficient. The Secondary Life Insurance segment seeks to earn non-correlated yield from a portfolio of life insurance policies. Its Investment in Beneficient segment consists of investment in the common units of the BEN LP. The company derives a majority of revenue from the Secondary Life Insurance segment.

Executives

Anthony R Horton	director	12377 MERIT DRIVE, SUITE 1700, DALLAS TX 75251
Jeffrey Scott Stein	director, officer: Chief Restructuring Officer	601 TRAVIS, SUITE 1400, HOUSTON TX 77002
John A. Stahl	10 percent owner	325 NORTH SAINT PAUL SUITE 4850 DALLAS TX 75201
David S Gruber	director	325 N ST PAUL STREET STE 2650 DALLAS TX 75201
Daniel Phillip Fine	director	325 N ST PAUL STREET STE 2650 DALLAS TX 75201
Roy W Bailey	director	5956 SHERRY LANE SUITE 800 DALLAS TX 75225
Lennie Nicholson	officer: General Counsel and Secretary	325 N. ST. PAUL STREET SUITE 2650 DALLAS TX 75201
Timothy L Evans	officer: Chief Financial Officer	220 SOUTH SIXTH STREET SUITE 1200 MINNEAPOLIS MN 55402
Kathleen Mason	director	GENESCO INC., 1415 MURFREESBORO ROAD, NASHVILLE TN 37217
David Chavenson	director	220 SOUTH SIXTH STREET SUITE 1200 MINNEAPOLIS MN 55402
Dennis P Lockhart	director	100 GOLF ROAD, GOLF IL 60029
De Weese David H	director	220 SOUTH 6TH STREET SUITE 1200 MINNEAPOLIS MN 55402
Cangany Peter T Jr	director	220 SOUTH 6TH STREET, SUITE 1200, MINNEAPOLIS MN 55402
Bruce William Schnitzer	director	489 FIFTH AVE., 21ST FLOOR, NEW YORK NY 10017
Thomas O Hicks	director	2200 ROSS AVENUE, SUITE 4600 W, DALLAS TX 75201