Financials in USD. Standardized financial statements.
A compact view of how TCW Relative Value Mid Cap Fund Class N turns revenue into operating income and net income.
| Metric | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $249.46M | $219.16M | $193.44M | $161.06M | $141.24M | $154.63M | $131.17M | $106.97M | $93.77M | $81.76M |
| Revenue Growth? | +13.8% | +13.3% | +20.1% | +14.0% | -8.7% | +17.9% | +22.6% | +14.1% | +14.7% | 0.0% |
| Cost of Revenue? | $108.22M | $97.12M | $86.65M | $65.50M | $66.13M | $65.33M | $61.10M | $53.69M | $41.57M | $37.74M |
| Gross Profit? | $141.25M | $122.04M | $106.80M | $95.56M | $75.11M | $89.30M | $70.07M | $53.28M | $52.20M | $44.01M |
| Gross Margin? | +56.6% | +55.7% | +55.2% | +59.3% | +53.2% | +57.7% | +53.4% | +49.8% | +55.7% | +53.8% |
| Operating Expenses? | $174.81M | $134.44M | $121.42M | $102.09M | $90.44M | $109.35M | $108.75M | $86.10M | $71.32M | $64.52M |
| Operating Income? | -$4.12M | -$12.96M | -$11.91M | -$6.61M | -$15.01M | -$20.78M | -$36.41M | -$32.44M | -$17.85M | -$20.37M |
| EBITDA? | $4.11M | -$3.96M | -$3.94M | -$1.11M | -$8.22M | -$12.48M | -$28.23M | -$26.51M | -$13.78M | -$16.65M |
| Income Before Tax | -$31.08M | -$27.16M | -$28.97M | -$12.85M | -$18.26M | -$28.23M | -$42.83M | -$32.78M | -$19.11M | -$20.50M |
| Income Tax Expense | $2.84M | $1.48M | $769,000 | $812,000 | $1.03M | -$27,000 | -$3.29M | $335,000 | $528,000 | $384,000 |
| Net Income? | -$33.92M | -$28.64M | -$29.74M | -$13.66M | -$19.29M | -$28.21M | -$39.55M | -$33.11M | -$19.64M | -$20.88M |
| EPS? | $-0.89 | $-0.78 | $-0.84 | $-0.40 | $-0.60 | $-0.93 | $-1.38 | $-1.21 | $-0.75 | $-0.86 |
| Diluted EPS? | $-0.89 | $-0.78 | $-0.84 | $-0.40 | $-0.60 | $-0.93 | $-1.38 | $-1.21 | $-0.75 | $-0.86 |
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