Marketaxess holdings inc (MKTX)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Revenues
U.S. high-grade

-

-

-

-

-

-

-

-

-

-

62,557

Eurobond

-

-

-

-

-

-

-

-

-

-

20,339

Other

-

-

-

-

-

-

-

-

-

-

13,236

Technology products and services

-

-

-

-

-

-

6,331

4,988

5,085

13,648

9,778

Revenues

511,352

435,565

393,422

367,730

303,098

262,774

238,733

190,840

171,874

146,228

114,439

Expenses
Employee compensation and benefits

131,079

109,117

102,313

96,625

83,856

74,995

64,406

54,678

52,443

56,446

50,274

Depreciation and amortization

26,857

23,080

19,274

17,838

18,542

17,379

14,123

6,758

5,206

6,350

6,790

Technology and communications

26,792

23,866

20,048

17,275

15,916

17,685

16,037

12,523

10,619

9,982

8,436

Professional and consulting fees

25,534

21,521

19,367

17,175

13,043

14,375

18,220

12,150

9,006

8,503

6,869

Occupancy

11,639

14,176

6,125

4,681

4,685

4,381

5,173

2,446

2,337

2,997

3,129

Marketing and advertising

11,559

12,114

9,762

8,934

6,148

5,769

4,632

5,169

4,491

3,075

2,882

Clearing costs

11,314

7,754

5,797

6,060

3,313

-

-

-

-

-

-

General and administrative

15,696

11,353

11,121

9,157

9,695

9,654

8,862

7,746

6,322

7,965

6,010

Total expenses

260,470

222,981

193,807

177,745

155,198

144,238

131,453

101,470

90,424

95,318

84,390

Operating income

250,882

212,584

199,615

189,985

-

-

-

-

-

-

-

Other income (expense)
Investment income

8,063

6,112

3,619

2,137

905

543

420

1,057

1,228

1,192

1,222

Other, net

-1,521

-610

-1,466

-520

-

-

-

-

-

-

-

Total other income

6,542

5,502

2,153

1,617

-

-

-

-

-

-

-

Income before income taxes

257,424

218,086

201,768

191,602

147,900

118,536

107,280

89,370

81,450

50,910

30,049

Provision for income taxes

52,522

45,234

53,679

65,430

51,863

43,730

38,717

27,586

32,003

19,482

13,947

Net income from continuing operations

-

-

-

-

-

-

68,563

61,784

49,447

-

-

Loss from discontinued operations, net of income taxes

-

-

-

-

-

-

-189

-1,715

-1,743

-

-

Gain on the sale of discontinued operations, net of tax benefit

-

-

-

-

-

-

7,642

-

-

-

-

Net income

204,902

172,852

148,089

126,172

96,037

74,806

76,016

60,069

47,704

31,428

16,102

Net income per common share
Basic earnings per common share
Income from continuing operations

-

-

-

-

-

-

1.86

1.69

1.34

-

-

Income from discontinued operations

-

-

-

-

-

-

0.20

-0.04

-0.05

-

-

Basic

5.53

4.68

4.02

3.42

2.62

2.03

2.06

1.65

1.29

0.86

0.44

Diluted earnings per common share
Income from continuing operations

-

-

-

-

-

-

1.81

1.64

1.25

-

-

Income from discontinued operations

-

-

-

-

-

-

0.20

-0.05

-0.05

-

-

Diluted

5.40

4.57

3.89

3.34

2.55

1.97

2.01

1.59

1.20

0.80

0.42

Cash dividends declared per common share

2.04

1.68

1.32

1.04

0.80

0.64

0.52

1.74

0.36

0.28

0.07

Weighted average shares outstanding
Basic

37,083

36,958

36,864

36,844

36,690

36,930

36,886

36,516

37,006

33,159

33,264

Diluted

37,956

37,855

38,038

37,738

37,637

37,889

37,888

37,816

39,608

39,051

38,082

Commissions [Member]
Revenues

463,856

390,834

355,282

332,307

266,221

221,138

203,652

174,199

155,444

122,180

96,132

Information Services [Member]
Revenues

30,730

28,227

25,806

23,269

22,585

31,510

25,377

7,435

7,199

6,681

6,252

Post-trade Services [Member]
Revenues

15,763

15,346

11,090

10,812

11,648

-

-

-

-

-

-

Other [Member]
Revenues

1,003

1,158

1,244

1,342

1,739

9,583

2,953

3,161

2,918

2,527

1,055