GreenSky, Inc. (GSKY) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
5565 GLENRIDGE CONNECTOR ATLANTA, GA 30342 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7389 - Business Services, Not Elsewhere Classified (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 147,775 | 195,760 | 303,390 | |||
| Cash and cash equivalents | 147,775 | 195,760 | 303,390 | |||
| Total current assets: | 147,775 | 195,760 | 303,390 | |||
| Noncurrent Assets | ||||||
| Operating lease, right-of-use asset | 8,265 | 11,268 | ✕ | |||
| Property, plant and equipment | ||||||
| Intangible assets, net (including goodwill) | 18,263 | 13,707 | 5,787 | |||
| Intangible assets, net (excluding goodwill) | 18,263 | 13,707 | 5,787 | |||
| Deferred income tax assets | 387,951 | 364,841 | ✕ | |||
| Total noncurrent assets: | 414,479 | 389,816 | 5,787 | |||
| Other undisclosed assets | 960,819 | 365,472 | 493,728 | |||
| TOTAL ASSETS: | 1,523,073 | 951,048 | 802,905 | |||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Noncurrent Liabilities | ||||||
| Other undisclosed liabilities | 1,698,549 | 1,005,991 | 837,670 | |||
| Total liabilities: | 1,698,549 | 1,005,991 | 837,670 | |||
| Equity | ||||||
| Equity, attributable to parent | (7,011) | 24,901 | 24,864 | |||
| Treasury stock, value | (147,360) | (146,234) | (43,878) | |||
| Additional paid in capital | 110,938 | 115,782 | 44,524 | |||
| Accumulated other comprehensive loss | (4,340) | (756) | ||||
| Retained earnings | 33,751 | 56,109 | 24,218 | |||
| Equity, attributable to noncontrolling interest | (169,484) | (80,758) | (60,349) | |||
| Other undisclosed equity | 1,019 | 914 | 720 | |||
| Total equity: | (175,476) | (54,943) | (34,765) | |||
| TOTAL LIABILITIES AND EQUITY: | 1,523,073 | 951,048 | 802,905 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|
| Revenues | 525,649 | 529,646 | 414,673 | ||
| Contractually specified servicing fee, late fee, and ancillary fee earned in exchange for servicing financial asset | 115,100 | 93,238 | |||
| Cost of revenue | (429,801) | (379,196) | (241,375) | ||
| Cost of goods and services sold | (307,948) | (248,580) | |||
| Gross profit: | 95,848 | 150,450 | 173,298 | ||
| Operating expenses | (43,308) | (29,497) | (20,508) | ||
| Operating income: | 52,540 | 120,953 | 152,790 | ||
| Nonoperating expense | (22,281) | (32,105) | (19,276) | ||
| Investment income, nonoperating | 1,167 | 6,057 | 6,111 | ||
| Other nonoperating income (expense) | 1,576 | (14,302) | (1,803) | ||
| Interest and debt expense | (25,024) | (23,860) | (23,584) | ||
| Income from continuing operations before equity method investments, income taxes: | 5,235 | 64,988 | 109,930 | ||
| Other undisclosed income from continuing operations before income taxes | 25,024 | 23,860 | 23,584 | ||
| Income from continuing operations before income taxes: | 30,259 | 88,848 | 133,514 | ||
| Income tax expense (benefit) | (1,597) | 7,125 | (5,534) | ||
| Income from continuing operations: | 28,662 | 95,973 | 127,980 | ||
| Income before gain (loss) on sale of properties: | 28,662 | 95,973 | 127,980 | ||
| Net income: | 28,662 | 95,973 | 127,980 | ||
| Net loss attributable to noncontrolling interest | (18,697) | (63,993) | (103,724) | ||
| Net income available to common stockholders, basic: | 9,965 | 31,980 | 24,256 | ||
| Dilutive securities, effect on basic earnings per share | |||||
| Other undisclosed net income (loss) available to common stockholders, diluted | 14,132 | 55,804 | 52,727 | ||
| Net income available to common stockholders, diluted: | 24,097 | 87,784 | 76,983 | ||
Comprehensive Income ($ in thousands)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|
| Net income: | 28,662 | 95,973 | 127,980 | ||
| Other comprehensive income (loss) | (10,264) | (2,522) | |||
| Comprehensive income: | 18,398 | 93,451 | 127,980 | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (12,017) | (62,227) | (103,724) | ||
| Comprehensive income, net of tax, attributable to parent: | 6,381 | 31,224 | 24,256 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.