Financial Statements

IAC Inc. (IAC)


-2.87 (-4.85%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 6941,6901,259595-
Net Income 598270431247305
Stock Dividends -386-1,266-417290
Dividend Paid -----
Retained Earnings 9056941,6901,259595

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 278539319315-
Annual Depreciation 382-19935758391
Capital Expenditure -90-62-137-55-76
Net PPE 571278539319315

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -2,5592,7272,8541,879
New Purchases -39-109-313-651-24
Intangible and Goodwill 2,5592,7272,8541,8793,227

IAC Inc. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes IAC Inc. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.