GAIN Capital Holdings, Inc. GCAP Income Statement

Gain capital holdings, inc. (GCAP)

Income statement / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09
REVENUE:
Non-interest revenue
219,659	347,317	273,542	381,678	-	-	-	-	-	-	-
Retail revenue
-	-	-	-	347,489	292,778	215,734	-	-	-	-
Trading revenue
-	-	-	-	-	-	-	127,520	175,854	-	-
Trading revenue
-	-	-	-	-	-	-	-	-	187,356	153,375
Institutional revenue
-	-	-	-	33,773	34,518	28,005	21,373	4,691	2,227	-
Futures revenue
-	-	-	-	45,427	36,160	22,188	-	-	-	-
Other revenue
-	-	-	-	8,487	4,904	1,099	2,331	1,790	-	-
Other revenue
-	-	-	-	-	-	-	-	-	1,190	-
Other revenue
-	-	-	-	-	-	-	-	-	-	2,108
Total non-interest revenue
-	-	-	-	435,176	368,360	267,026	151,224	182,335	190,773	155,483
Interest revenue
16,598	12,503	5,579	1,624	1,220	1,428	821	627	544	364	292
Interest expense
2,325	1,863	883	552	1,049	599	156	47	1,414	2,039	2,456
Total net interest revenue
14,273	10,640	4,696	1,072	171	829	665	580	-870	-1,675	-2,164
Net revenue
233,932	357,957	278,238	382,750	435,347	369,189	267,691	151,804	181,465	189,098	153,319
EXPENSES:
Employee compensation and benefits
78,126	89,070	82,686	90,617	106,581	99,233	74,607	49,357	46,362	45,439	41,503
Selling and marketing
38,395	36,460	31,115	28,642	27,168	20,213	22,337	26,969	36,195	37,721	36,338
Referral fees
29,305	40,026	53,671	70,752	103,523	90,972	52,623	26,373	-	-	-
Trading expenses
20,790	22,899	19,406	23,399	31,914	26,168	18,164	9,786	33,040	25,658	14,955
General and administrative
50,605	55,239	43,506	53,206	55,067	38,651	26,558	19,865	21,842	15,826	-
Bank fees
-	-	-	-	-	-	-	-	-	-	4,466
Depreciation and amortization
17,086	19,654	17,045	13,203	11,111	6,610	8,283	4,921	3,898	3,439	2,689
Purchased intangible amortization
8,811	14,171	13,966	12,872	16,550	8,080	2,906	4,134	8,893	-	-
Purchased intangible amortization
-	-	-	-	-	-	-	-	-	1,208	-
Communications and technology
19,504	21,961	19,226	19,857	18,929	15,567	11,315	7,736	7,139	6,449	2,676
Occupancy and equipment
-	-	-	-	-	-	-	-	-	-	3,548
Bad debt provision
2,024	2,508	-247	4,154	7,462	3,699	1,501	358	852	597	760
Acquisition expenses
-	-	-	-	2,819	3,526	1,824	85	0	-	-
Professional fees
-	-	-	-	-	-	-	-	-	-	2,154
Product development, software and maintenance
-	-	-	-	-	-	-	-	-	-	2,547
Restructuring expenses
1,274	762	0	1,041	3,482	2,334	450	634	0	-	-
Integration expenses
-	-	0	2,788	33,092	2,489	1,950	0	0	-	-
Gain (Loss) Related to Litigation Settlement
0	-5,306	0	-9,205	0	0	-	-	-	-	-
Goodwill impairment
28,098	0	-	-	-	-	-	-	-	-	-
Impairment of investment
0	-130	620	0	0	50	450	0	0	-	-
Change in fair value of convertible, redeemable preferred stock embedded derivative
-	-	-	-	-	-	-	-	-	4,691	1,687
Other
-	-	-	-	-	-	-	-	-	-	3,141
Total operating expenses
294,018	307,926	280,994	329,736	417,698	317,592	222,968	150,218	158,221	131,646	113,090
OPERATING PROFIT/(LOSS)
-60,086	50,031	-2,756	53,014	17,649	51,597	44,723	1,586	23,244	-	-
Interest expense on long term borrowings
13,544	13,540	11,821	10,421	9,222	6,147	1,233	444	-	-	-
Loss/(gain) on extinguishment of debt
-	-	-	-	0	-	-	-	-	-	-
Loss on extinguishment of debt
-	-	-4,944	0	-	-	2,000	0	0	-	-
INCOME/(LOSS) BEFORE INCOME TAX
-73,630	36,491	-19,521	42,593	8,427	45,450	45,490	1,142	23,244	57,452	40,229
Income Tax Expense (Benefit)
-12,869	8,514	-5,011	10,839	-3,512	19,140	17,383	-1,479	7,546	20,009	12,556
Income (Loss) from Equity Method Investments
-	-	-343	-62	0	0	-	-	-	-	-
NET INCOME/(LOSS)
-60,761	27,977	-14,853	31,692	-	-	-	-	-	-	-
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
0	65,649	4,278	5,720	-	-	-	-	-	-	-
NET (LOSS)/INCOME
-60,761	93,626	-10,575	37,412	11,939	26,310	28,107	2,621	-	37,443	27,673
Net Income (Loss) Attributable to Noncontrolling Interest
0	737	620	2,140	1,660	1,433	0	0	-	-402	-321
NET (LOSS)/INCOME APPLICABLE TO GAIN CAPITAL HOLDINGS, INC.
-60,761	92,889	-11,195	35,272	10,279	24,877	28,107	2,621	15,698	37,845	27,994
Other comprehensive income/(loss):
Foreign currency translation adjustment
7,763	-13,740	21,172	-30,977	-4,352	-4,089	1,327	933	-112	112	288
COMPREHENSIVE INCOME/(LOSS)
-52,998	79,149	9,977	4,295	5,927	20,788	29,434	3,554	-	-	28,282
Comprehensive income applicable to noncontrolling interest, net of tax
-	-	-	-	-	-	-	-	-	-	-24
NET COMPREHENSIVE INCOME APPLICABLE TO GAIN CAPITAL HOLDINGS, INC.
-	-	-	-	-	-	-	-	15,586	37,957	28,306
Basic earnings/(loss) from continuing operations (usd per share)
-1.63	0.60	-	-	-	-	-	-	-	-	-
Net income
-60,761	92,889	-11,195	35,272	10,279	-	-	-	-	-	27,994
Net income applicable to GAIN Capital Holdings, Inc. common shareholders
-	-	-	-	-	-	-	-	-	-	27,994
Basic (loss)/earnings per share (in dollars per share)
-1.63	2.11	-	-	0.22	0.56	0.76	0.08	0.46	8.62	9.47
Diluted earnings/(loss) from continuing operations (usd per share)
-1.63	0.60	-	-	-	-	-	-	-	-	-
Diluted (loss)/earnings per share (in dollars per share)
-1.63	2.08	-	-	0.22	0.53	0.71	0.07	0.40	1.00	0.75
Basic weighted average common shares outstanding
37,388	43,731	-	-	47,601	40,561	36,551	34,940	34,286	4,392	2,956
Diluted weighted average common shares outstanding
37,388	44,189	-	-	48,379	43,214	39,632	37,880	38,981	37,742	37,282
Retail revenue
Non-interest revenue
177,727	300,206	231,100	330,744	-	-	-	-	-	-	-
Futures revenue
Non-interest revenue
34,791	39,705	37,964	47,430	-	-	-	-	-	-	-
Product and Service, Other [Member]
Non-interest revenue
7,141	7,406	4,478	3,504	-	-	-	-	-	-	-