Webull Corporation (BULL)

Webull Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Interest and Dividend Income	130.45	155.79	91.88
Total Interest Expense	0.12	-	-
Net Interest Income	130.33	155.79	91.88
Brokerage Commission	49.04	30.68	8.5
Other Revenue	209.6	202.03	287.82
Revenue	388.97	388.5	388.21
Revenue Growth (YoY)	0.12%	0.08%	-
Salaries & Employee Benefits	32.59	29.41	30.02
Cost of Services Provided	372	337.21	289.76
Other Operating Expenses	-1.59	-0.6	-1.84
Total Operating Expenses	402.99	366.03	317.94
Operating Income	-14.02	22.47	70.26
Currency Exchange Gains	1.97	-2.3	5.51
EBT Excluding Unusual Items	-12.05	20.18	75.77
Other Unusual Items	-	-	1.41
Pretax Income	-12.05	20.18	65.69
Income Tax Expense	13.82	16.14	32.21
Earnings From Continuing Ops.	-25.87	4.04	33.47
Earnings From Discontinued Ops.	2.69	1.78	16.6
Net Income to Company	-23.18	5.82	50.08
Minority Interest in Earnings	0.49	0.25	-
Net Income	-22.69	6.07	50.08
Preferred Dividends & Other Adjustments	495.09	340.08	51.41
Net Income to Common	-517.78	-334.01	-1.33
Net Income Growth	-	-87.88%	-
Shares Outstanding (Basic)	139	138	134
Shares Outstanding (Diluted)	139	138	134
Shares Change (YoY)	0.63%	2.58%	-
EPS (Basic)	-3.73	-2.42	-0.01
EPS (Diluted)	-3.73	-2.42	-0.01
Free Cash Flow	182.8	466.05	-62.76
Free Cash Flow Per Share	1.32	3.38	-0.47
Operating Margin	-3.60%	5.79%	18.10%
Profit Margin	-133.12%	-85.97%	-0.34%
Free Cash Flow Margin	47.00%	119.96%	-16.17%
Effective Tax Rate	-	79.99%	49.04%
Revenue as Reported	390.23	389.6	388.33

Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.