Tradeweb markets inc. (TW)
Income statement / Yearly
Dec'19Dec'17
Revenues
Gross revenue

775,566

562,968

Contingent consideration

-

58,520

Net revenue

775,566

504,448

Expenses
Employee compensation and benefits

329,457

248,963

Depreciation and amortization

139,330

68,615

Technology and communications

39,285

30,013

General and administrative

34,960

33,973

Professional fees

28,029

19,351

Occupancy

14,686

14,441

Total expenses

585,747

415,356

Operating income

189,819

89,092

Tax receivable agreement liability adjustment

33,134

-

Net interest income

2,373

685

Income before taxes

225,300

89,777

Provision for income taxes

52,302

6,129

Net income

173,024

83,648

Net income attributable to Tradeweb Markets Inc. and non-controlling interests

130,672

-

Less: Net income attributable to non-controlling interests

46,903

-

Net income attributable to Tradeweb Markets Inc.

83,769

-

EPS calculations for post-IPO and pre-IPO periods
Basic

0.57

-

Diluted

0.54

-

Weighted average shares outstanding
Basic

148,013

215,568

Diluted

156,540

215,568

Transaction fees
Gross revenue

423,583

267,020

Subscription fees
Gross revenue

138,731

144,409

Commissions
Gross revenue

149,365

96,745

Refinitiv market data fees
Gross revenue

55,635

50,125

Other
Gross revenue

8,252

4,669

Tradeweb Markets LLC
Less: Pre-IPO net income attributable to Tradeweb Markets LLC

42,352

83,648

Net income attributable to Tradeweb Markets Inc.

42,352

83,648

Basic

0.19

0.39

Diluted

0.19

0.39

Basic

222,222

212,568

Diluted

223,320

212,568