Bgc partners, inc. (BGCPV)
Income statement / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
Revenues:
Commissions

1,671

1,645

1,633

1,576

1,533

1,511

767

997

1,196

1,334

1,374

1,285

1,206

1,136

1,972

2,000

1,989

1,929

1,805

1,615

1,419

1,307

1,222

1,173

1,207

1,202

1,200

1,219

1,203

1,176

1,133

1,092

1,022

996

954

906

0

0

0

Principal transactions

351

321

312

310

305

313

326

328

324

317

312

312

318

325

329

326

335

313

289

266

244

253

272

288

301

309

317

326

324

336

339

358

376

375

378

383

0

0

0

Gains from mortgage banking activities/originations, net

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Real estate management and other services

-

-

-

-

-

-

-

-

-

-

218

207

201

-

192

191

192

187

179

171

164

163

163

163

163

163

160

159

158

122

81

0

0

-

0

-

-

-

-

Servicing fees

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fees from related parties

29

29

26

24

23

24

26

26

26

27

26

25

24

24

25

26

27

26

25

26

27

28

29

30

35

41

47

52

53

53

54

56

59

62

63

64

0

0

0

Data, software and post-trade

74

73

73

71

67

65

61

58

56

54

53

52

53

54

75

91

104

102

73

46

20

11

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Market data

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13

16

16

17

17

17

18

17

18

18

0

0

0

Software solutions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8

10

10

9

9

9

9

9

8

7

0

0

0

Interest income

18

18

19

18

15

14

-15

-7

7

14

35

31

16

8

32

26

25

24

7

8

6

7

7

7

7

6

6

5

5

6

6

6

6

5

5

4

0

0

0

Other revenues

17

15

18

16

11

9

5

2

2

2

3

2

2

5

6

9

11

9

11

9

8

17

16

15

14

5

3

5

5

4

5

3

4

4

14

13

0

0

0

Total revenues

2,162

2,104

2,083

2,017

1,957

1,937

763

1,134

1,492

1,750

1,984

1,891

1,696

1,554

2,910

2,861

2,876

2,783

2,393

2,144

1,892

1,789

1,000

968

1,744

1,744

2,483

2,519

1,776

1,726

1,639

1,579

1,494

1,464

1,436

1,391

0

0

0

Expenses:
Compensation and employee benefits

1,184

1,127

1,106

1,049

1,011

1,001

264

537

767

950

1,034

978

916

865

1,815

1,812

1,823

1,759

1,528

1,362

1,195

1,124

1,079

1,067

1,252

1,255

1,175

1,205

1,064

1,032

951

916

827

789

861

815

0

0

0

Equity-based compensation and allocations of net income to limited partnership units and FPUs

195

165

181

175

177

205

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Allocations of net income and grant of exchangeability to limited partnership units and FPUs and issuance of common stock

-

-

-

-

-

-

-

-

-

-

176

186

177

147

278

270

255

259

144

146

142

136

138

96

436

423

523

513

152

140

116

116

123

126

24

29

0

0

0

Total compensation and employee benefits

1,380

1,293

1,287

1,225

1,189

1,206

455

742

977

1,183

1,210

1,165

1,093

1,013

2,094

2,082

2,079

2,019

1,672

1,508

1,338

1,261

1,218

1,163

1,688

1,679

1,698

1,718

1,216

1,172

1,067

1,032

950

916

885

844

0

0

0

Occupancy and equipment

189

184

174

169

158

149

100

113

129

142

146

143

144

145

216

218

230

221

200

184

156

154

151

154

155

154

154

156

158

155

149

139

136

129

123

121

0

0

0

Fees to related parties

21

19

21

19

19

20

15

13

13

15

15

16

14

14

20

20

20

19

19

17

15

12

8

8

8

9

9

10

11

11

12

12

12

11

11

12

0

0

0

Professional and consulting fees

92

92

88

89

86

84

54

56

59

63

67

60

51

45

67

65

66

73

74

69

64

52

45

46

47

51

53

60

68

72

76

78

73

67

58

49

0

0

0

Communications

120

119

117

116

117

118

112

116

118

119

118

117

116

115

127

127

128

121

109

98

87

83

84

86

88

92

94

94

93

90

87

86

87

86

84

81

0

0

0

Selling and promotion

81

81

79

75

71

69

31

41

54

62

64

60

55

56

103

104

105

100

89

82

74

72

70

73

78

81

84

86

86

86

85

82

78

79

76

73

0

0

0

Commissions and floor brokerage

68

63

64

64

62

61

56

51

46

43

41

39

38

37

37

37

38

35

30

26

21

19

19

20

20

22

22

23

22

22

23

24

25

25

24

22

0

0

0

Interest expense

63

59

55

50

45

41

37

51

67

76

80

74

62

57

74

72

76

79

61

53

44

37

37

37

37

38

38

39

37

34

33

30

27

24

19

16

0

0

0

Other expenses

102

107

106

78

70

64

-31

9

45

70

104

86

59

40

203

192

196

194

169

169

155

151

70

57

103

104

103

116

72

64

66

62

53

69

82

79

0

0

0

Total expenses

2,120

2,021

1,994

1,888

1,820

1,815

831

1,196

1,511

1,777

1,849

1,763

1,638

1,526

2,945

2,921

2,940

2,864

2,427

2,211

1,958

1,844

1,706

1,647

2,229

2,232

2,260

2,306

1,766

1,711

1,602

1,549

1,445

1,410

1,366

1,299

0

0

0

Other income (losses) , net:
Gain (loss) on divestitures and sale of investments

-

18

0

0

0

-

-

-

-

0

7

0

0

-

0

-

-

394

0

0

0

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Gains (losses) on equity method investments

4

4

5

5

5

7

5

6

6

4

4

3

2

3

2

2

2

2

0

-2

-4

-7

-8

-8

-8

-9

-10

-11

-12

-11

-9

-8

-7

-6

-6

-6

0

0

0

Other income (loss)

5

32

25

38

40

50

-24

49

52

25

81

84

89

81

129

97

88

122

96

82

82

49

77

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Total other income (losses), net

8

55

49

62

65

57

-18

55

59

31

86

95

100

92

529

493

485

519

100

80

77

41

68

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Income (loss) from operations before income taxes

50

138

138

192

202

179

-86

-6

40

4

221

223

158

120

495

433

421

438

67

13

11

-13

57

70

263

265

293

254

50

55

37

29

48

54

69

91

0

0

0

Provision (benefit) for income taxes

31

53

68

84

84

76

96

105

107

92

65

64

58

56

125

123

115

120

18

8

9

0

22

14

89

92

102

94

16

20

13

9

15

15

18

25

0

0

0

Consolidated net income (loss) from continuing operations

-

-

70

107

-

103

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Consolidated net income (loss) from discontinued operations, net of tax

-

-

-

-

-

176

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Consolidated net income (loss)

18

84

81

241

269

279

152

100

128

81

345

349

290

253

369

310

306

318

48

5

1

-14

34

55

173

173

190

159

34

35

23

19

32

38

50

66

0

0

0

Less: Net income (loss) from continuing operations attributable to noncontrolling interest in subsidiaries

-

-

20

22

-

29

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Less: Net income (loss) from discontinued operations attributable to noncontrolling interest in subsidiaries

-

-

-

-

-

52

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Less: Net income (loss) attributable to noncontrolling interest in subsidiaries

0

-

-

-

0

-

-

-

-

-

103

101

81

-

157

146

148

158

12

0

-1

-11

7

10

101

102

109

104

11

11

10

7

13

18

28

34

0

0

0

Net income (loss) available to common stockholders

8

55

55

179

200

197

94

55

73

51

242

247

209

185

212

163

158

159

35

4

2

-3

26

45

71

70

80

55

22

23

13

11

19

20

22

31

0

0

0

Per share data:
Basic earnings (loss) per share
Net income (loss) from continuing operations available to common stockholders

-

-

50

85

-

73

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic earnings (loss) per share from continuing operations

-

-

-0.01

0.04

-

-0.07

0.10

0.06

0.14

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income (loss) available to common stockholders

0

-

-

-

0

-

-

-

-

-

242

247

209

-

212

163

158

159

35

4

2

-3

26

45

71

70

80

55

22

23

13

11

19

20

22

31

0

0

0

Basic earnings (loss) per share

0.04

-

-

-

0.18

-

-

-

-

-

0.28

0.18

0.13

-

0.31

0.05

0.05

0.41

0.15

0.04

0.06

-0.11

0.03

0.03

0.04

0.01

0.12

0.20

0.04

0.09

0.00

0.01

0.06

0.01

-0.02

0.09

0.09

0.07

0.09

Basic weighted-average shares of common stock outstanding

358

351

346

341

338

331

327

321

307

290

288

286

283

279

278

275

273

254

252

244

222

221

220

220

220

220

219

171

163

156

146

140

136

130

124

112

97

91

84

Fully diluted earnings (loss) per share
Net income (loss) for fully diluted shares

0

-

-

-

0

-

-

-

-

-

373

378

319

-

261

187

177

177

56

8

6

-3

6

36

94

96

151

110

43

46

-0

-2

15

20

55

77

0

0

0

Fully diluted earnings (loss) per share

0.04

-

-

-

0.18

-

-

-

-

-

0.28

0.18

0.13

-

0.31

0.05

0.05

0.37

0.15

0.04

0.06

-0.11

0.03

0.03

0.04

0.03

0.11

0.18

0.04

0.09

0.00

0.01

0.06

0.01

-0.02

0.09

0.09

0.07

0.09

Net income (loss) from continuing operations for fully diluted shares

-

-

52

100

-

73

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fully diluted earnings (loss) per share from continuing operations

-

-

-0.01

0.04

-

-0.07

0.10

0.06

0.14

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fully diluted weighted-average shares of common stock outstanding

538

713

346

522

516

56

437

322

478

-204

457

451

444

-193

429

437

434

46

394

366

338

-97

331

326

322

10

355

378

317

437

146

274

264

-139

124

244

237

228

226

Dividends declared per share of common stock

-

-

-

-

-

-

-

-

-

-

-

0.18

0.16

-

0.16

0.16

0.14

0.14

0.14

0.14

0.12

0.12

0.12

0.12

0.12

0.12

0.12

0.12

0.12

0.12

0.17

0.17

0.17

0.17

0.17

0.17

0.14

0.14

0.14

Dividends declared and paid per share of common stock

-

-

-

-

-

-

-

-

-

-

-

0.18

0.16

-

0.16

0.16

0.14

0.14

0.14

0.14

0.12

0.12

0.12

0.12

0.12

0.12

0.12

0.12

0.12

0.12

0.17

0.17

0.17

0.17

0.17

0.17

0.14

0.14

0.14