GSKY · Greensky, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 | Q4 '19 | Q3 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | $128.15M | $136.52M | $121.86M | - | $153.53M | $138.75M | $121.17M | - | $153.41M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | $6.69M | $10.88M | $9.93M | - | $11.61M | $8.59M | $6.71M | - | $6.67M |
| Total Operating Expenses | - | $78.75M | $79.31M | $105.46M | - | $132.81M | $113.29M | $127.06M | - | $101.02M |
| D&A | - | $3.55M | $3.48M | $3.32M | - | $2.97M | $2.76M | $2.44M | - | $1.96M |
| Operating Income | - | $49.39M | $57.20M | $19.72M | - | $9.22M | $19.67M | ($5.89M) | - | $52.40M |
| Interest Expense | - | $6.80M | $6.72M | $6.61M | - | $6.78M | $5.89M | $5.62M | - | $5.63M |
| Income Tax | - | $4.37M | $4.58M | $1.87M | - | $197.0K | $1.50M | ($895.0K) | - | $1.53M |
| Net Income | - | $14.39M | $16.33M | $3.80M | - | $961.0K | $4.13M | ($3.33M) | - | $14.73M |
| EPS - Basic | - | $0.19 | $0.23 | $0.05 | - | $0.01 | $0.06 | ($0.05) | - | $0.24 |
| EPS - Diluted | - | $0.19 | $0.22 | $0.05 | - | $0.01 | $0.06 | ($0.05) | - | $0.23 |
Balance Sheet
| Line item | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 | Q4 '19 | Q3 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $296.41M | $241.97M | $203.29M | $196.30M | $147.78M | $113.57M | $147.56M | $176.71M | $195.76M | $206.40M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $1.19B | $1.41B | $1.31B | $1.35B | $1.52B | $1.46B | $1.33B | $938.38M | $951.05M | $897.10M |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | - | - | $451.73M | $452.27M | $452.81M | $453.34M | $453.88M | $383.91M | $384.50M | $385.08M |
| Total Liabilities | $1.22B | $1.48B | $1.43B | $1.52B | $1.70B | $1.67B | $1.52B | $1.15B | $1.01B | $963.57M |
| Stockholders' Equity | ($28.15M) | ($74.52M) | ($118.47M) | ($162.16M) | ($175.48M) | ($205.88M) | ($196.87M) | ($213.50M) | ($54.94M) | ($66.46M) |
| Retained Earnings | $75.82M | $68.19M | $53.83M | $37.51M | $33.75M | $25.50M | $24.51M | $20.38M | $56.11M | $53.87M |
Cash Flow
| Line item | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 | Q4 '19 | Q3 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | - | $245.13M | - | - | - | $41.05M | - | - |
| Investing Cash Flow | - | - | - | ($3.45M) | - | - | - | ($3.35M) | - | - |
| Financing Cash Flow | - | - | - | ($212.63M) | - | - | - | ($33.86M) | - | - |
| CapEx | - | - | - | $3.45M | - | - | - | $3.35M | - | - |
| Free Cash Flow | - | - | - | $241.68M | - | - | - | $37.69M | - | - |
Ratios
| Metric | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 | Q4 '19 | Q3 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | - | 38.5% | 41.9% | 16.2% | - | 6.0% | 14.2% | -4.9% | - | 34.2% |
| EBITDA margin | - | 41.3% | 44.5% | 18.9% | - | 7.9% | 16.2% | -2.8% | - | 35.4% |
| Net margin | - | 11.2% | 12.0% | 3.1% | - | 0.6% | 3.0% | -2.8% | - | 9.6% |
| Free cash flow margin | - | - | - | 198.3% | - | - | - | 31.1% | - | - |
| FCF / Net income | - | - | - | 63.63 | - | - | - | -11.31 | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | 5.2% | 8.0% | 8.1% | - | 7.6% | 6.2% | 5.5% | - | 4.3% |
| Effective tax rate | - | 23.3% | 21.9% | 33.0% | - | 17.0% | 26.6% | - | - | 9.4% |
| Return on assets | - | 1.0% | 1.2% | 0.3% | - | 0.1% | 0.3% | -0.4% | - | 1.6% |
| Return on equity | - | -19.3% | -13.8% | -2.3% | - | -0.5% | -2.1% | 1.6% | - | -22.2% |
| Return on invested capital | - | - | 13.4% | 4.6% | - | 3.1% | 5.6% | -2.7% | - | 14.9% |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | - | - | -3.81 | -2.79 | -2.58 | -2.20 | -2.31 | -1.80 | -7.00 | -5.79 |
| Debt / Assets | - | - | 0.34 | 0.33 | 0.30 | 0.31 | 0.34 | 0.41 | 0.40 | 0.43 |
| Debt / EBITDA | - | - | 7.44 | 19.64 | - | 37.19 | 20.23 | - | - | 7.08 |
| Interest coverage | - | 7.3x | 8.5x | 3.0x | - | 1.4x | 3.3x | -1.0x | - | 9.3x |
| Equity multiplier | -42.23 | -18.85 | -11.07 | -8.35 | -8.68 | -7.10 | -6.74 | -4.40 | -17.31 | -13.50 |
| Liabilities / Assets | 1.02 | 1.05 | 1.09 | 1.12 | 1.12 | 1.14 | 1.15 | 1.23 | 1.06 | 1.07 |
| Efficiency | ||||||||||
| Asset turnover | - | 0.09 | 0.10 | 0.09 | - | 0.11 | 0.10 | 0.13 | - | 0.17 |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | -16.5% | -1.6% | 0.6% | - | 0.1% | 0.0% | 16.8% | - | 34.7% |
| Revenue CAGR (3y) | - | 4.0% | 18.3% | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | - | 436.0% | 190.8% | - | - | -82.4% | -57.7% | - | - | -3.4% |
| Net income growth (YoY) | - | 1397.3% | 295.1% | - | - | -93.5% | -66.4% | - | - | 22.7% |
| EPS growth (YoY) | - | 1800.0% | 266.7% | - | - | -95.7% | -68.4% | - | - | 15.0% |
| EPS CAGR (3y) | - | -1.7% | 34.7% | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | 541.2% | - | - | - | 17.2% | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 84.0% | 63.8% | 39.8% | 24.0% | -219.4% | -209.8% | -103.5% | -191.4% | -58.0% | -445.3% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2021-12-31.
Product / service
$1.01B totalTransaction Fees$379.77M · 37.7%
Merchant Fees$363.44M · 36.1%
Servicing Fees$124.23M · 12.3%
Servicing$124.23M · 12.3%
Interchange Fees$16.33M · 1.6%
Peer comparison
Same SIC group: Services-Business Services, NEC
Comparing GreenSky against the 5 most active filers in the same SIC group.