| Dec'19 | Dec'18 | Dec'17 | Dec'16 | |||
|---|---|---|---|---|---|---|
Revenue | ||||||
Total revenue | ||||||
529,646 | 414,673 | 325,887 | 263,865 | |||
Costs and expenses | ||||||
Cost of revenue (exclusive of depreciation and amortization shown separately below) | ||||||
248,580 | 160,439 | 89,708 | 79,145 | |||
Compensation and benefits | ||||||
84,052 | 62,360 | 54,650 | 39,836 | |||
Sales and marketing | ||||||
4,089 | 3,781 | 2,198 | 1,085 | |||
Property, office and technology | ||||||
17,099 | 13,199 | 10,062 | 8,000 | |||
Depreciation and amortization | ||||||
7,304 | 4,478 | 3,983 | 3,708 | |||
General and administrative | ||||||
24,458 | 13,807 | 12,095 | 10,602 | |||
Financial guarantee | ||||||
20,699 | 1,607 | 2,781 | - | |||
Related party | ||||||
2,412 | 2,212 | 4,811 | 1,678 | |||
Total costs and expenses | ||||||
408,693 | 261,883 | 180,288 | 144,054 | |||
Operating profit (loss) | ||||||
120,953 | 152,790 | 145,599 | 119,811 | |||
Other income (expense), net | ||||||
Interest and dividend income | ||||||
6,057 | 6,111 | 5,180 | 7,302 | |||
Interest expense | ||||||
23,860 | 23,584 | 7,536 | 0 | |||
Other gains (losses), net | ||||||
-14,302 | -1,803 | -4,575 | -2,649 | |||
Total other income (expense), net | ||||||
-32,105 | -19,276 | -6,931 | 4,653 | |||
Income (loss) before income tax expense (benefit) | ||||||
88,848 | 133,514 | 138,668 | 124,464 | |||
Income tax expense (benefit) | ||||||
-7,125 | 5,534 | 0 | 0 | |||
Net income (loss) | ||||||
95,973 | 127,980 | 138,668 | 124,464 | |||
Less: Net income (loss) attributable to noncontrolling interests | ||||||
63,993 | 103,724 | - | - | |||
Net income (loss) attributable to GreenSky, Inc. | ||||||
31,980 | 24,256 | - | - | |||
Earnings per share of Class A common stock | ||||||
Basic (in dollars per share) | ||||||
0.52 | 0.43 | - | - | |||
Diluted (in dollars per share) | ||||||
0.49 | 0.41 | - | - | |||
Transaction fees | ||||||
Total revenue | ||||||
405,905 | 348,904 | 278,958 | 228,446 | |||
Servicing and other | ||||||
Total revenue | ||||||
123,741 | 65,769 | 46,929 | 35,419 | |||