Financials in USD. Standardized financial statements.
A compact view of how Western Asset Managed Municipals Fund turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue? | $10.00M | $39.47M | -$2.33M | -$61.80M | $76.35M | $26.35M |
| Revenue Growth? | -74.7% | +1793.8% | +96.2% | -180.9% | +189.8% | 0.0% |
| Cost of Revenue? | $514,459 | $0 | $0 | $0 | $36.50M | $4.79M |
| Gross Profit? | $9.49M | $39.47M | -$2.33M | -$61.80M | $39.86M | $21.56M |
| Gross Margin? | +94.9% | +100.0% | +100.0% | +100.0% | +52.2% | +81.8% |
| Operating Expenses? | $12.25M | $13.42M | -$2.33M | -$61.80M | $76.35M | $20.80M |
| Operating Income? | -$2.76M | $26.05M | $0 | $0 | -$36.50M | $754,918 |
| EBITDA? | -$2.76M | $24.85M | $0 | $0 | $0 | $754,918 |
| Income Before Tax | -$2.76M | $26.05M | -$10.35M | -$65.07M | $73.17M | -$5.03M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income? | -$2.76M | $26.05M | -$10.35M | -$65.07M | $73.17M | -$5.03M |
| EPS? | $-0.05 | $0.48 | $-0.26 | $-1.50 | $1.68 | $-0.12 |
| Diluted EPS? | $-0.06 | $0.48 | $-0.26 | $-1.50 | $1.68 | $-0.12 |
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