Virtu Financial, Inc. (VIRT) financial statements (2021 and earlier)

Company profile

Business Address ONE LIBERTY PLAZA
NEW YORK, NY 10006
State of Incorp. DE
Fiscal Year End December 31
SIC 6211 - Security Brokers, Dealers, and Flotation Companies (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments956732736533181163
Cash and cash equivalents890732736533181163
Short-term investments66     
Receivables833941115  
Total current assets:1,039771777648181163
Noncurrent Assets
Operating lease, right-of-use asset269315
Property, plant and equipment 1161131373038
Long-term investments and receivables   19  
Long-term investments   19  
Intangible assets, net (including goodwill)1,6031,679921956716717
Goodwill1,1491,149837845715715
Intangible assets, net (excluding goodwill)4545308411111
Deferred income tax assets193215
Deferred tax assets, net   194
Total noncurrent assets:2,0652,3241,0341,112746948
Other undisclosed assets6,8626,5145,5705,5602,7652,281
TOTAL ASSETS:9,9669,6097,3817,3203,6923,392
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities381210   
Taxes payable381210   
Debt6547315282545
Securities loaned9481,6001,130755222525
Total current liabilities:1,0512,0851,155783247570
Noncurrent Liabilities
Long-term debt and lease obligation12     
Finance lease, liability12 
Total noncurrent liabilities:12     
Other undisclosed liabilities7,0486,2964,7315,3862,9112,264
Total liabilities:8,1118,3805,8866,1683,1582,834
Stockholders' equity
Stockholders' equity attributable to parent, including:1,4699311,052831146131
Treasury stock, value(89)(55)(55)(11)(8)(4)
Additional paid in capital1,1611,0771,010901156131
Accumulated other comprehensive income (loss)(25)(1)(0)3(0)0
Retained earnings (accumulated deficit)422(90)97(62)(1)4
Other undisclosed stockholders' equity attributable to parent000000
Stockholders' equity attributable to noncontrolling interest386298443321389427
Total stockholders' equity:1,8551,2291,4951,152534558
TOTAL LIABILITIES AND EQUITY:9,9669,6097,3817,3203,6923,392

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenue, net2121011
Principal transactions revenue, net2,4939121,267
Financial services revenue766665757
Gross profit:3,2391,5301,8791,028702796
Operating expenses(1,856)(1,646)(1,182)(915)(523)(580)
Operating income (loss):1,383(116)696113180216
Interest and debt expense(0)(1)(11)(10)(6)(29)
Other undisclosed income from continuing operations before equity method investments, income taxes     29
Income (loss) from continuing operations before equity method investments, income taxes:1,382(117)686103174216
Other undisclosed income from continuing operations before income taxes0111106 
Income (loss) from continuing operations before income taxes:1,383(116)696113180216
Income tax expense (benefit)(262)12(76)(94)(21)(18)
Net income (loss):1,121(104)62019158197
Net income (loss) attributable to noncontrolling interest(472)45(331)(16)(125)(177)
Net income (loss) attributable to parent:649(59)28933321
Other undisclosed net loss available to common stockholders, basic(17)(2)(5)(1)(1) 
Net income (loss) available to common stockholders, diluted:632(61)28423221

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss):1,121(104)62019158197
Other undisclosed comprehensive income (loss)(44)(1)(5)9(1)(4)
Comprehensive income (loss):1,077(105)61528157193
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(453)46(329)(22)(125)(172)
Comprehensive income (loss), net of tax, attributable to parent:624(60)28663321

Statements sources

The financial statements are based on the company's filings with the 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.

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