General finance corp (GFNCP)
Income statement / Quarterly
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'11Dec'10Sep'10
Revenues
Sales

32,226

31,324

30,964

37,122

26,636

34,484

39,474

37,287

29,600

38,145

27,285

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Lease inventories and fleet

-

-

-

-

-

-

-

-

-

-

-

-

23,557

25,387

20,372

31,031

23,381

36,706

20,321

22,949

19,923

24,610

22,793

32,381

24,421

28,417

31,229

27,983

27,022

24,276

23,722

-

28,762

22,935

-

-

-

-

-

Manufactured units

-

-

-

-

-

-

-

-

-

-

-

-

1,032

1,663

1,094

327

1,230

2,485

2,137

1,450

3,452

7,104

1,975

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Manufactured units

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,807

2,703

3,445

-

5,310

7,731

-

-

-

-

-

-

-

-

-

Total sales revenue

-

-

-

-

-

-

-

-

-

-

-

-

24,589

27,050

21,466

31,358

24,611

39,191

22,458

24,399

23,375

31,714

24,768

39,073

31,228

31,120

34,674

34,082

32,332

32,007

23,722

-

28,762

22,935

-

-

-

-

-

Sales

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

28,209

26,600

20,537

22,161

23,389

Leasing

57,744

60,785

58,933

59,090

59,573

63,509

58,318

56,547

54,821

53,985

49,632

45,785

43,875

45,277

41,332

40,971

41,858

44,076

41,328

40,891

46,011

56,993

55,674

50,984

34,445

34,509

31,072

30,885

31,503

31,345

29,667

26,750

27,392

25,172

24,584

23,980

22,785

22,736

20,076

Total revenues

89,970

92,109

89,897

96,212

86,209

97,993

97,792

93,834

84,421

92,130

76,917

73,339

68,464

72,327

62,798

72,329

66,469

83,267

63,786

65,290

69,386

88,707

80,442

90,057

65,673

65,629

65,746

64,967

63,835

63,352

53,389

55,185

56,154

48,107

52,793

50,580

43,322

44,897

43,465

Costs and expenses
Lease inventories and fleet (exclusive of the items shown separately below)

-

-

-

-

-

-

-

-

-

-

-

-

17,017

18,140

13,832

22,963

17,136

28,039

14,545

16,430

14,246

17,605

16,491

23,682

18,065

21,604

24,788

19,905

19,827

18,091

17,312

20,721

21,664

16,756

20,477

19,367

15,829

16,646

17,610

Manufactured units

1,977

1,637

1,827

1,878

1,231

2,271

3,098

2,946

2,126

1,964

2,176

1,420

1,389

2,115

1,412

1,861

1,869

3,509

2,824

2,101

2,779

4,936

1,091

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Manufactured units

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,959

1,965

2,608

-

5,556

6,549

-

-

-

-

-

-

-

-

-

Direct costs of leasing operations

22,968

22,761

22,858

22,435

22,923

23,574

22,354

23,511

22,684

21,951

21,055

20,485

19,303

18,658

17,860

17,447

17,490

17,622

16,575

17,443

18,992

21,194

19,141

18,872

12,162

12,100

11,944

12,116

12,258

11,397

10,984

10,831

10,802

10,065

9,887

11,746

8,193

8,469

7,498

Selling and general expenses

20,695

20,483

20,655

21,655

20,647

20,350

19,313

21,426

18,996

17,725

19,503

17,449

17,299

16,429

16,528

19,002

16,757

16,174

16,764

16,369

17,367

17,892

18,974

19,514

14,902

14,018

14,178

14,661

13,482

13,342

12,933

12,045

11,427

11,181

11,214

11,208

10,302

10,577

10,015

Impairment of goodwill

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,681

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

8,613

8,609

9,411

9,752

10,897

11,054

10,001

10,090

10,014

9,531

10,126

10,063

9,846

9,888

9,503

9,926

9,583

9,235

9,079

9,612

9,475

9,367

9,277

9,087

6,022

5,802

5,460

5,656

5,568

5,287

5,300

4,780

4,904

4,682

4,558

4,913

4,720

4,860

4,672

Operating income

14,273

17,019

14,930

15,519

12,411

17,455

16,205

12,121

10,872

15,059

5,647

4,696

3,610

7,097

3,663

743

953

8,688

3,999

3,335

6,527

17,713

15,468

13,570

9,563

10,140

6,768

6,801

7,144

8,686

6,860

6,808

7,357

5,423

6,657

-2,512

4,278

4,345

3,670

Interest income

153

180

186

83

27

33

48

31

43

23

15

12

18

13

23

25

35

20

17

16

28

10

14

15

14

11

12

15

3

17

23

16

13

33

95

133

124

125

105

Interest expense

5,981

6,930

7,324

7,644

10,207

8,868

8,625

9,324

9,398

9,447

5,822

4,557

5,249

5,016

4,831

4,830

4,838

4,965

5,015

5,090

5,179

5,501

5,326

4,736

2,490

2,334

2,392

2,365

2,749

2,630

3,225

3,843

2,610

2,888

3,402

6,839

4,822

4,351

4,281

Change in valuation of bifurcated derivatives in Convertible Note (Note 5)

-11,259

3,902

992

-1,741

-1,131

-9,332

-12,366

-

-504

-1,717

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Foreign exchange and other

-2,096

264

-573

-217

-3

-1,782

-1,511

-3,202

-1,348

-135

-1,202

-281

-164

189

-95

135

59

-611

108

-54

-374

-357

512

-311

-512

56

-605

445

115

107

361

-

576

-764

-

-

-

-

-

Foreign currency exchange gain and other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,087

448

-108

-2,038

-2,427

Total costs and expenses

-19,183

-2,584

-6,719

-9,519

-11,314

-19,949

-22,454

-23,993

-11,207

-11,276

-7,009

-4,826

-5,395

-4,814

-4,903

-4,670

-4,744

-5,556

-4,890

-5,128

-5,525

-5,848

-4,800

-5,032

-2,988

-2,267

-2,985

-1,905

-2,631

-2,506

-2,841

-4,283

-2,021

-3,619

-2,220

-7,154

-4,590

-2,188

-1,749

Income (loss) before provision for income taxes

-4,910

14,435

8,211

6,000

1,097

-2,494

-6,249

-11,872

-335

3,783

-1,362

-130

-1,785

2,283

-1,240

-3,927

-3,791

3,132

-891

-1,793

1,002

11,865

10,668

8,538

6,575

7,873

3,783

-

-

-

-

-

-

-

-

-

-

-

-

Income before provision for income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,513

6,180

4,019

2,525

5,336

1,804

4,437

-9,666

-312

2,157

1,921

Provision for income taxes

3,715

3,994

2,260

764

1,429

1,712

1,915

-1,198

228

809

-518

272

-714

913

-496

-1,571

-1,516

1,252

-356

-717

401

4,746

4,267

3,999

2,749

3,291

1,581

2,604

1,715

2,349

1,527

959

2,029

686

1,686

1,533

-116

815

726

Net income (loss)

-8,625

10,441

5,951

5,236

-332

-4,206

-8,164

-10,674

-563

2,974

-844

-402

-1,071

1,370

-744

-2,356

-2,275

1,880

-535

-1,076

601

7,119

6,401

4,539

3,826

4,582

2,202

2,292

2,798

3,831

2,492

1,566

3,307

1,118

2,751

-11,199

-196

1,342

1,195

Preferred stock dividends

922

922

922

892

922

922

922

892

922

922

922

892

922

922

922

902

922

922

922

892

922

922

922

892

922

922

753

23

44

43

43

44

44

44

45

45

45

44

43

Noncontrolling interest

-

-

-

-

-

-

-

0

0

0

-801

471

86

1,087

471

562

85

861

563

1,125

1,420

1,606

1,761

2,831

1,841

2,037

1,047

2,113

2,049

2,067

1,486

1,358

2,095

1,007

1,669

3,413

2,298

573

573

Net income (loss) attributable to common stockholders

-9,547

9,519

5,029

4,344

-1,254

-5,128

-9,086

-11,566

-1,485

2,052

-965

-1,765

-2,079

-639

-2,137

-3,820

-3,282

97

-2,020

-3,093

-1,741

4,591

3,718

-

1,063

1,623

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income attributable to common stockholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

402

-

705

1,721

963

164

1,168

67

1,037

-14,657

-2,539

725

579

Net income (loss) per common share:
Basic

-0.32

0.31

0.17

0.16

-0.04

-0.17

-0.33

-0.44

-0.06

0.08

-0.04

-0.07

-0.08

-0.02

-0.08

-0.14

-0.13

0.00

-0.08

-0.12

-0.07

0.18

0.14

0.03

0.04

0.07

0.02

0.01

0.03

0.08

0.04

0.01

0.05

0.00

0.05

-0.66

-0.12

0.03

0.03

Diluted

-0.32

0.30

0.16

0.16

-0.04

-0.17

-0.33

-0.44

-0.06

0.08

-0.04

-0.07

-0.08

-0.02

-0.08

-0.14

-0.13

0.00

-0.08

-0.11

-0.07

0.17

0.14

0.02

0.04

0.07

0.02

0.01

0.03

0.08

0.04

0.01

0.05

0.00

0.05

-0.66

-0.12

0.03

0.03

Weighted average shares outstanding:
Basic

30,294

30,253

30,205

29,999

29,975

29,907

27,391

25,529

26,301

26,636

26,611

26,470

26,404

26,300

26,218

26,130

26,074

26,029

26,008

25,896

25,862

25,786

25,677

25,491

24,357

24,342

24,334

22,461

22,127

22,026

22,024

22,013

22,013

22,013

22,013

22,013

22,013

22,013

22,013

Diluted

30,294

31,537

31,340

29,999

29,975

29,907

27,391

24,854

26,301

27,311

26,611

26,470

26,404

26,300

26,218

25,838

26,074

26,321

26,008

25,791

25,862

26,684

26,592

27,461

25,208

24,986

24,917

22,601

22,821

22,631

22,480

22,395

22,273

22,255

22,274

21,823

22,013

22,190

22,025

Lease inventories and fleet [Member]
Sales

29,702

29,741

28,791

34,279

25,204

31,813

35,636

33,769

27,251

36,065

25,382

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Lease inventories and fleet (exclusive of the items shown separately below)

21,444

21,600

20,216

24,973

18,100

23,289

26,821

23,740

19,729

25,900

18,410

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Manufactured units [Member]
Sales

2,524

1,583

2,173

2,843

1,432

2,671

3,838

3,518

2,349

2,080

1,903

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-