GURUFOCUS.COM » STOCK LIST » Technology » Software » GreenSky Inc (NAS:GSKY) » Definitions » Net Income

GreenSky (GreenSky) Net Income : $42.1 Mil (TTM As of Dec. 2021)


View and export this data going back to 2018. Start your Free Trial

What is GreenSky Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. GreenSky's Net Income for the three months ended in Dec. 2021 was $7.6 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2021 was $42.1 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. GreenSky's Earnings per Share (Diluted) for the three months ended in Dec. 2021 was $0.07.


GreenSky Net Income Historical Data

The historical data trend for GreenSky's Net Income 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.

* Premium members only.

GreenSky Net Income Chart

GreenSky Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Net Income
Get a 7-Day Free Trial 138.67 24.26 31.98 9.97 42.14

GreenSky Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.21 3.80 16.33 14.39 7.63

GreenSky Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

GreenSky's Net Income for the fiscal year that ended in Dec. 2021 is calculated as

Net Income(A: Dec. 2021 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=131.694+-13.88+0+-75.67
=42.1

GreenSky's Net Income for the quarter that ended in Dec. 2021 is calculated as

Net Income(Q: Dec. 2021 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=22.259+-3.058+0+-11.574
=7.6

Net Income for the trailing twelve months (TTM) ended in Dec. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $42.1 Mil.

* 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.


GreenSky  (NAS:GSKY) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

GreenSky's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2021 is calculated as

* 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.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


GreenSky Net Income Related Terms

Thank you for viewing the detailed overview of GreenSky's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.


GreenSky (GreenSky) Business Description

Traded in Other Exchanges
N/A
Address
5565 Glenridge Connector, Suite 700, Atlanta, GA, USA, 30342
GreenSky Inc operates as a technology company. The company offers a proprietary technology infrastructure platform to supports the full transaction lifecycle, including credit application, underwriting, and real-time allocation. Its platform caters to merchants, consumers, and banks.
Executives
Gerald R. Benjamin director, officer: Chief Administrative Officer 5565 GLENRIDGE CONNECTOR, SUITE 700 ATLANTA GA 30342
Gregg Steven Freishtat director 5860 WINTERTHUR DRIVE ATLANTA GA 30328
Angela M Nagy officer: SVP, Chief Accounting Officer 1155 PERIMETER CENTER WEST ATLANTA GA 30338
Joel M. Babbit director 3120 BRECKINRIDGE BLVD., DULUTH GA 30099
Dennis I Kelly officer: President, Patient Solutions 10720 SIKES PL STE 300 CHARLOTTE NC 28277
David Zalik director, 10 percent owner, officer: CEO and Chairman of the Board 5565 GLENRIDGE CONNECTOR, SUITE 700 ATLANTA GA 30342
Robert Sheft director, 10 percent owner 623 FIFTH AVENUE, 26TH FLOOR, NEW YORK NY 10022
Goldstein Kevin officer: EVP - Chief Credit Officer 5565 GLENRIDGE CONNECTOR SUITE 700 ATLANTA 2Q 30342
Andrew Kang officer: EVP and CFO 5565 GLENRIDGE CONNECTOR, SUITE 700, ATLANTA GA 30342
Arthur J Bacci director
Tpg Growth Ii Advisors, Inc. other: Former 10% Owner 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
James G Coulter other: Former 10% Owner 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
David Bonderman other: Former 10% Owner 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Lois Elizabeth Rickard officer: Chief Human Resources Officer 1230 PEACHTREE ST NE, SUITE 1000, ATLANTA GA 30309
Steven E Fox officer: EVP - Chief Legal Officer 229 PEACHTREE ST NE, 2700 INTERNATIONAL TOWER, ATLANTA GA 303031603

GreenSky (GreenSky) Headlines

From GuruFocus

GreenSky Issues Statement on Closing of Transaction

By Business Wire Business Wire 12-16-2021

Top 5 1st Quarter Trades of GARDNER LEWIS ASSET MANAGEMENT L P

By GuruFocus Research GuruFocus Editor 05-11-2022