Financials in USD. Standardized financial statements.
A compact view of how Advent Convertible and Income Fund turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $102.06M | $57.98M | $19.98M | $6.77M | $147.25M | $36.80M | $56.95M | -$13.35M | $60.76M | $4.51M |
| Revenue Growth? | +76.0% | +190.3% | +194.9% | -95.4% | +300.1% | -35.4% | +526.7% | -122.0% | +1248.5% | 0.0% |
| Cost of Revenue? | $7.71M | $6.65M | $6.91M | $10.45M | $8.58M | $8.34M | $8.01M | $5.50M | $5.33M | $5.24M |
| Gross Profit? | $94.35M | $51.33M | $13.07M | $27.45M | $138.67M | $28.46M | $48.94M | -$18.85M | $55.43M | -$730,801 |
| Gross Margin? | +92.4% | +88.5% | +65.4% | +405.2% | +94.2% | +77.3% | +85.9% | +141.2% | +91.2% | -16.2% |
| Operating Expenses? | -$40.63M | $7.60M | $3.49M | $3.53M | $9.57M | $9.15M | $3.69M | $2.77M | $2.42M | $16.81M |
| Operating Income? | $134.98M | $123.07M | $8.59M | -$158.83M | $198.96M | $52.04M | $53.26M | -$7.39M | $63.21M | $22.86M |
| EBITDA? | $134.98M | $123.07M | $8.59M | -$170.86M | $180.64M | $52.04M | $0 | -$17.50M | $0 | -$1.10M |
| Income Before Tax | $118.64M | $106.50M | -$7.02M | -$170.86M | $189.56M | $38.73M | $53.26M | -$16.21M | $58.35M | $6.53M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $16.25M | -$161,141 | $63.13M | $10.88M |
| Net Income? | $118.64M | $106.50M | -$7.02M | -$170.86M | $189.56M | $38.73M | $53.26M | -$16.21M | $58.35M | $10.88M |
| EPS? | $2.69 | $2.72 | $-0.19 | $-4.94 | $5.49 | $1.12 | $1.54 | $-0.47 | $2.55 | $0.46 |
| Diluted EPS? | $2.69 | $2.72 | $-0.19 | $-4.94 | $5.49 | $1.12 | $1.54 | $-0.47 | $2.55 | $0.46 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality