On Deck Capital, Inc. (ONDK) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
1400 BROADWAY NEW YORK, NY 10018 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6199 - Finance Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2020 MRQ | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 56,344 | 59,859 | 71,362 | 79,554 | 159,822 | |||
| Cash and cash equivalent | 56,344 | 59,859 | 71,362 | 79,554 | 159,822 | |||
| Total current assets: | 56,344 | 59,859 | 71,362 | 79,554 | 159,822 | |||
| Noncurrent Assets | ||||||||
| Operating lease, right-of-use asset | 28,200 | ✕ | ✕ | ✕ | ✕ | |||
| Property, plant and equipment | 20,332 | 16,700 | 23,572 | 29,405 | 26,187 | |||
| Intangible assets, net (including goodwill) | 11,532 | |||||||
| Goodwill | 11,532 | |||||||
| Total noncurrent assets: | 60,064 | 16,700 | 23,572 | 29,405 | 26,187 | |||
| Other undisclosed assets | 1,188,175 | 1,085,011 | 901,110 | 955,132 | 563,243 | |||
| TOTAL ASSETS: | 1,304,583 | 1,161,570 | 996,044 | 1,064,091 | 749,252 | |||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Noncurrent Liabilities | ||||||||
| Other undisclosed liabilities | 993,909 | 857,281 | 729,988 | 800,494 | 419,830 | |||
| Total liabilities: | 993,909 | 857,281 | 729,988 | 800,494 | 419,830 | |||
| Temporary equity, including noncontrolling interest | 14,428 | |||||||
| Equity | ||||||||
| Equity, attributable to parent | 294,000 | 299,756 | 262,045 | 259,525 | 322,813 | |||
| Common stock | 405 | 396 | 386 | 374 | 366 | |||
| Treasury stock, value | (49,641) | (9,822) | (7,965) | (6,697) | (5,843) | |||
| Additional paid in capital | 513,571 | 506,169 | 492,509 | 477,526 | 457,003 | |||
| Accumulated other comprehensive loss | (1,333) | (1,832) | (52) | (379) | (372) | |||
| Accumulated deficit | (169,002) | (195,155) | (222,833) | (211,299) | (128,341) | |||
| Equity, attributable to noncontrolling interest | 2,246 | 4,533 | 4,011 | 4,072 | 6,609 | |||
| Total equity: | 296,246 | 304,289 | 266,056 | 263,597 | 329,422 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,304,583 | 1,161,570 | 996,044 | 1,064,091 | 749,252 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2020 TTM | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 495,484 | 398,376 | 350,950 | 291,317 | 254,767 | ||
| Net investment income | 495,484 | 440,993 | 383,115 | 300,884 | 227,987 | ||
| Financial services revenue | ✕ | ✕ | ✕ | 2,485 | 14,411 | 53,354 | |
| Cost of revenue | (173,369) | (195,616) | (198,361) | (182,411) | (95,107) | ||
| Provision for loan, lease, and other losses | (173,369) | (148,541) | ✕ | ✕ | ✕ | ||
| Financial services costs | ✕ | ✕ | ✕ | (152,926) | (149,963) | (74,863) | |
| Gross profit: | 322,115 | 202,760 | 152,589 | 108,906 | 159,660 | ||
| Operating expenses | (206,325) | (177,490) | (166,170) | (193,974) | (161,585) | ||
| Other operating income, net (Noninterest Income, Other Operating Income) | 16,063 | ||||||
| Operating income (loss): | 131,853 | 25,270 | (13,581) | (85,068) | (1,925) | ||
| Nonoperating expense (Other Nonoperating expense) | (764) | (414) | (306) | ||||
| Interest and debt expense | (44,670) | (6,656) | 312 | 1,372 | 421 | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | 87,183 | 18,614 | (14,033) | (84,110) | (1,810) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (67,061) | 6,656 | (312) | (1,372) | (421) | ||
| Income (loss) from continuing operations before income taxes: | 20,122 | 25,270 | (14,345) | (85,482) | (2,231) | ||
| Income tax benefit | 3,513 | ||||||
| Income (loss) from continuing operations: | 23,635 | 25,270 | (14,345) | (85,482) | (2,231) | ||
| Income (loss) before gain (loss) on sale of properties: | 23,635 | 25,270 | (14,345) | (85,482) | (2,231) | ||
| Net income (loss): | 23,635 | 25,270 | (14,345) | (85,482) | (2,231) | ||
| Net income attributable to noncontrolling interest | 4,320 | 2,411 | 2,811 | 2,524 | 958 | ||
| Net income (loss) available to common stockholders, diluted: | 27,955 | 27,681 | (11,534) | (82,958) | (1,273) | ||
Comprehensive Income ($ in thousands)
| 6/30/2020 TTM | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|
| Net income (loss): | 23,635 | 25,270 | (14,345) | (85,482) | (2,231) | ||
| Other comprehensive income (loss) | (2,247) | 594 | (20) | (678) | |||
| Other undisclosed comprehensive income | 516 | ||||||
| Comprehensive income (loss): | 24,151 | 23,023 | (13,751) | (85,502) | (2,909) | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 4,302 | 2,878 | 2,544 | 2,537 | 306 | ||
| Other undisclosed comprehensive income, net of tax, attributable to parent | 958 | ||||||
| Comprehensive income (loss), net of tax, attributable to parent: | 28,453 | 25,901 | (11,207) | (82,965) | (1,645) | ||
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.