Financial Statements

Newtek Business Services Corp. (NEWTL)

$25.08

-0.02 (-0.08%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020
Retained Earnings (Previous Year) --
Net Income 33
Stock Dividends --3
Dividend Paid --
Retained Earnings 3-

PPE Schedule

Year 2021 2020
Gross PPE 7-
Annual Depreciation 07
Capital Expenditure --
Net PPE 77

Intangible and Goodwill Schedule

Year 2021 2020
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.

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