Financial Statements

Newtek Business Services Corp. (NEWT)


-0.04 (-0.16%)
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) 22323315-
Net Income 8434413639
Stock Dividends -1-1-1154
Dividend Paid -70-43-41-32-28
Retained Earnings 3622323315

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 78---
Annual Depreciation 0-1810
Capital Expenditure --0-0-1-0
Net PPE 778--

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -----
New Purchases -----
Intangible and Goodwill -----

Newtek Business Services Corp. 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 Newtek Business Services Corp. 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.