Financials in USD. Standardized financial statements.
A compact view of how Horizon Flexible Income ETF turns revenue into operating income and net income.
| Metric | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $85.55M | $72.96M | $22.52M | $355,000 | $0 | $0 | $0 | $0 | $0 | $0 |
| Revenue Growth? | +17.3% | +223.9% | +6244.8% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Cost of Revenue? | $19.25M | $9.96M | $7.34M | $4,000 | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Profit? | $66.30M | $63.00M | $15.19M | $351,000 | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Margin? | +77.5% | +86.3% | +67.4% | +98.9% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Operating Expenses? | $159.32M | $199.27M | $174.39M | $130.03M | $69.78M | $46.06M | $26.99M | $17.77M | $15.01M | $11.29M |
| Operating Income? | -$93.02M | -$136.27M | -$159.20M | -$129.68M | -$69.78M | -$46.06M | -$26.99M | -$17.77M | -$15.01M | -$11.29M |
| EBITDA? | -$89.84M | -$130.31M | -$152.23M | -$124.20M | -$69.00M | -$45.51M | -$26.79M | -$17.66M | -$14.94M | -$11.34M |
| Income Before Tax | -$113.21M | -$149.77M | -$169.66M | -$137.48M | -$71.89M | -$46.32M | -$27.31M | -$18.19M | -$14.98M | -$11.45M |
| Income Tax Expense | $495,000 | $0 | $0 | $0 | -$366,481 | $318,615 | $74,980 | $27,374 | $30,023 | $0 |
| Net Income? | -$113.71M | -$149.77M | -$169.66M | -$137.48M | -$71.89M | -$46.32M | -$27.31M | -$18.19M | -$14.98M | -$11.45M |
| EPS? | $-2.66 | $-3.93 | $-4.49 | $-4.16 | $-2.84 | $-2.15 | $-1.97 | $-1.23 | $-2.04 | $-1.18 |
| Diluted EPS? | $-2.66 | $-3.93 | $-4.49 | $-4.16 | $-2.84 | $-2.15 | $-1.97 | $-1.23 | $-2.04 | $-1.18 |
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