| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 |
|---|---|---|---|---|---|---|
Revenues | ||||||
Gross revenue | ||||||
823,380 | 775,566 | 756,895 | 721,167 | 0 | 0 | 0 |
Contingent consideration | ||||||
- | - | - | - | - | - | 0 |
Net revenue | ||||||
- | - | 0 | 0 | - | 0 | 0 |
Expenses | ||||||
Employee compensation and benefits | ||||||
342,704 | 329,457 | 333,348 | 322,780 | 0 | 0 | 0 |
Depreciation and amortization | ||||||
143,003 | 139,330 | 135,948 | 117,177 | 0 | 0 | 0 |
Technology and communications | ||||||
39,563 | 39,285 | 38,993 | 38,578 | 0 | 0 | 0 |
General and administrative | ||||||
34,211 | 34,960 | 37,798 | 39,677 | 0 | 0 | 0 |
Professional fees | ||||||
27,969 | 28,029 | 29,175 | 29,449 | 0 | 0 | 0 |
Occupancy | ||||||
14,773 | 14,686 | 14,208 | 14,059 | 0 | 0 | 0 |
Total expenses | ||||||
602,223 | 585,747 | 589,470 | 561,720 | 0 | 0 | 0 |
Operating income | ||||||
221,157 | 189,819 | 167,425 | 161,984 | 0 | 0 | 0 |
Net interest income | ||||||
2,214 | 2,373 | 2,456 | 2,493 | 0 | 0 | 0 |
Income before taxes | ||||||
256,479 | 225,300 | 169,881 | 164,477 | 0 | 0 | 0 |
Provision for income taxes | ||||||
63,348 | 52,302 | 24,828 | 22,047 | 0 | 0 | 0 |
Net income | ||||||
193,157 | 173,024 | 145,053 | 142,430 | 0 | 0 | 0 |
Net income attributable to Tradeweb Markets Inc. and non-controlling interests | ||||||
- | - | 0 | 0 | - | - | - |
Less: Net income attributable to non-controlling interests | ||||||
0 | - | 0 | 0 | - | - | - |
Net income attributable to Tradeweb Markets Inc. | ||||||
0 | - | 0 | 0 | - | - | - |
EPS calculations for post-IPO and pre-IPO periods | ||||||
Basic | ||||||
0.26 | - | 0.21 | 0.09 | - | - | - |
Diluted | ||||||
0.25 | - | 0.20 | 0.09 | - | - | - |
Weighted average shares outstanding | ||||||
Basic | ||||||
166,234 | - | 142,935 | 142,933 | - | 222,221 | - |
Diluted | ||||||
174,517 | - | 151,362 | 150,847 | - | 222,243 | - |
Tradeweb Markets LLC | ||||||
Gross revenue | ||||||
- | - | - | - | - | 0 | - |
Net revenue | ||||||
- | - | - | - | - | 0 | - |
Employee compensation and benefits | ||||||
- | - | - | - | - | 0 | - |
Depreciation and amortization | ||||||
- | - | - | - | - | 0 | - |
Technology and communications | ||||||
- | - | - | - | - | 0 | - |
General and administrative | ||||||
- | - | - | - | - | 0 | - |
Professional fees | ||||||
- | - | - | - | - | 0 | - |
Occupancy | ||||||
- | - | - | - | - | 0 | - |
Total expenses | ||||||
- | - | - | - | - | 0 | - |
Operating income | ||||||
- | - | - | - | - | 0 | - |
Net interest income | ||||||
- | - | - | - | - | 0 | - |
Income before taxes | ||||||
- | - | - | - | - | 0 | - |
Provision for income taxes | ||||||
- | - | - | - | - | 0 | - |
Net income | ||||||
- | - | - | - | - | 0 | - |
Less: Pre-IPO net income attributable to Tradeweb Markets LLC | ||||||
- | - | - | - | - | 0 | 0 |
Net income attributable to Tradeweb Markets Inc. | ||||||
- | 42,352 | 71,659 | 130,442 | 0 | 0 | 0 |
Basic | ||||||
0.26 | 0.00 | 0.00 | 0.00 | 0.19 | 0.13 | 0.21 |
Diluted | ||||||
0.25 | 0.00 | 0.00 | 0.00 | 0.19 | 0.13 | 0.21 |
Basic | ||||||
166,234 | 222,222 | 222,222 | 222,222 | 222,222 | 222,221 | 219,165 |
Diluted | ||||||
174,517 | 223,320 | 223,320 | 223,320 | 223,320 | 222,243 | 219,165 |
Transaction fees | ||||||
Gross revenue | ||||||
461,767 | 423,583 | 416,468 | 396,304 | 0 | 0 | 0 |
Subscription fees | ||||||
Gross revenue | ||||||
138,769 | 138,731 | 137,450 | 135,220 | 0 | 0 | 0 |
Commissions | ||||||
Gross revenue | ||||||
157,661 | 149,365 | 141,040 | 127,844 | 0 | 0 | 0 |
Refinitiv market data fees | ||||||
Gross revenue | ||||||
56,647 | 55,635 | 53,719 | 53,001 | 0 | 0 | 0 |
Other | ||||||
Gross revenue | ||||||
8,536 | 8,252 | 8,218 | 8,798 | 0 | 0 | 0 |
Successor | ||||||
Diluted | ||||||
- | - | - | 0.09 | - | - | - |
Diluted | ||||||
- | - | - | 150,847 | - | - | - |