
Pzena Investment Management, Inc Income Statement 2021-2008 | PZN
Brief overview of profit and loss at Pzena Investment Management, Inc
The conclusions below are based on five years of reported results. Revenue reported by Pzena Investment Management, Inc was $29.1 million at the beginning of the period and $199 million at the end. The total change was +585.6%, with a CAGR of approximately 47%. This pace points to rapid expansion of the business.
Net profit was $11 million at the start and $18.7 million at the end. The latest figure was the best within the selected horizon.
The five-year change in capitalization reached +20.5%: from $130 million to $156 million. The financial trend was stronger than the market valuation.
Summary assessment
The financial direction is broadly positive, although industry context still matters. The financial profile benefits from net-income growth and revenue expansion. Further direction will depend on top-line growth, operating profitability, and net income.
Annual Income Statement Pzena Investment Management, Inc
| 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
156 M | 115 M | 131 M | 122 M | 140 M | 130 M | 79.3 M | 74.8 M | 85.3 M | 33.9 M | 23.8 M | - | - | - |
Shares |
17.4 M | 17.2 M | 17.9 M | 17.7 M | 17.3 M | 16 M | 14 M | 12.6 M | 12 M | 10.8 M | 9.97 M | 9.19 M | 8.22 M | - |
Historical Prices |
8.97 | 6.66 | 7.32 | 6.89 | 8.09 | 8.12 | 5.66 | 5.92 | 7.12 | 3.14 | 2.39 | |||
Net Income |
18.7 M | 8.87 M | 8.46 M | 13.8 M | 6.91 M | 11 M | 7.68 M | 8.1 M | 6.67 M | 3.84 M | 3.38 M | 3.81 M | 3.37 M | - |
Revenue |
199 M | 139 M | 151 M | 154 M | 38.9 M | 29.1 M | 117 M | 113 M | 95.8 M | 76.3 M | 83 M | 77.5 M | 63 M | - |
Cost of Revenue |
77.1 M | 68.5 M | 88.1 M | 61.4 M | 58.9 M | 48.3 M | 46.5 M | 41.3 M | 36.8 M | 31.8 M | 34.6 M | 29.5 M | 25 M | - |
Gross Profit |
- | 70.1 M | 62.6 M | 92.2 M | 82.4 M | 60 M | 70.1 M | 71.2 M | 58.9 M | 44.5 M | 83 M | - | - | - |
Operating Income |
106 M | 55.3 M | 45.7 M | 78.8 M | 69.1 M | 13.7 M | 55.4 M | 61 M | 50.8 M | 37.2 M | 37.9 M | 40 M | 29.8 M | - |
Interest Expense |
2 K | 16 K | 48 K | 77 K | 29 K | 24 K | 21 K | 8 K | - | 30 K | - | 232 K | 1.48 M | - |
EBITDA |
107 M | 56.5 M | 46.7 M | 79.8 M | 70.1 M | 14.8 M | 56.2 M | 61.2 M | 51 M | 37.4 M | 38.3 M | 40.4 M | 30.3 M | - |
Operating Expenses |
93.5 M | 83.3 M | 105 M | 74.8 M | 72.2 M | 61.1 M | 61.2 M | 51.6 M | 44.9 M | 39.1 M | 45.2 M | 37.6 M | 33.3 M | - |
General and Administrative Expenses |
16.4 M | 14.9 M | 17 M | 13.4 M | 13.3 M | 12.8 M | 14.7 M | 10.3 M | 8.1 M | 7.35 M | 10.6 M | 8.01 M | 8.26 M | - |
All numbers in USD currency
Quarterly Income Statement Pzena Investment Management, Inc
| 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
- | 16.7 M | 17 M | 17.4 M | - | 17.7 M | 17.3 M | 17.2 M | - | 16.9 M | 17.2 M | 17.8 M | - | 17.9 M | 17.9 M | 18.3 M | - | 17.5 M | 17.8 M | 18 M | - | 17.3 M | 17.3 M | 17.4 M | - | 16.4 M | 15.8 M | 15.2 M | - | 14.6 M | 12.9 M | 13.1 M | - | 13 M | 12.2 M | 12.2 M | - | 12.2 M | 12.3 M | 11.3 M | - | 10.8 M | 10.6 M | 10.6 M | - | 10 M | 9.9 M | 9.39 M |
Net Income |
- | 2.7 M | 2.52 M | 2.82 M | - | 5.07 M | 4.6 M | 4.19 M | - | 2.66 M | 2.2 M | 3.1 M | - | 3.48 M | 3.36 M | 3.1 M | - | 4.26 M | 3.47 M | 3.52 M | -1.05 M | 2.99 M | 2.63 M | 2.34 M | 11 M | 2.16 M | 1.41 M | 1.62 M | 2.21 M | 1.92 M | 1.92 M | 1.62 M | 2.47 M | 2.06 M | 2.12 M | 1.45 M | 2.28 M | 1.96 M | 1.27 M | 1.17 M | 956 K | 1.26 M | 614 K | 1.01 M | 369 K | 497 K | 859 K | 1.66 M |
Revenue |
- | 45.2 M | 48.7 M | 52.8 M | - | 51.6 M | 50.9 M | 45.9 M | - | 33.9 M | 30.1 M | 34.7 M | - | 37.1 M | 37.8 M | 37.4 M | - | 39.6 M | 38.3 M | 39.3 M | 38.9 M | 36.2 M | 34.1 M | 32 M | 29.1 M | 27 M | 26.4 M | 25.8 M | 27.7 M | 30.8 M | 29.5 M | 28.7 M | 28.6 M | 29.6 M | 27.9 M | 26.4 M | 28.7 M | 24 M | 22.1 M | 20.8 M | 19.3 M | 18.9 M | 18.3 M | 19.8 M | 18.9 M | 20 M | 22.4 M | 21.8 M |
Cost of Revenue |
- | 18.6 M | 18.4 M | 21.2 M | - | 18.9 M | 19 M | 19.1 M | - | 15.8 M | 15.6 M | 19.1 M | - | 16 M | 16 M | 17.2 M | - | 16.1 M | 15.2 M | 16.2 M | - | 14.8 M | 14.3 M | 15.6 M | - | 11.8 M | 11.7 M | 12.5 M | - | 11.6 M | 11.8 M | 12.1 M | - | 10.6 M | 9.9 M | 10 M | - | 9.1 M | 8.91 M | 9.61 M | - | 7.69 M | 8.01 M | 8.17 M | - | 7.73 M | 8.26 M | 8.39 M |
Operating Income |
- | 17.7 M | 24.6 M | 26.6 M | - | 28.4 M | 27.9 M | 23 M | - | 15 M | 11 M | 11.1 M | - | 17.1 M | 17.6 M | 16.2 M | - | 20.1 M | 19.7 M | 19.9 M | 20.9 M | 18.4 M | 16.6 M | 13.1 M | 13.7 M | 12 M | 11.3 M | 10.3 M | 13 M | 16.2 M | 13.2 M | 13 M | 14.7 M | 16.6 M | 15.5 M | 14 M | 17.2 M | 13 M | 11.3 M | 9.42 M | 9.47 M | 9.41 M | 8.41 M | 9.89 M | 4.09 M | 10.3 M | 12.1 M | 11.5 M |
Interest Expense |
- | -63 K | -184 K | -139 K | - | 12 K | 12 K | 58 K | - | 12 K | 12 K | -87 K | - | -75 K | -44 K | -55 K | - | -27 K | -10 K | 15 K | - | 59 K | 103 K | 16 K | - | 11 K | 14 K | -40 K | - | -129 K | 54 K | -191 K | - | -185 K | 56 K | -89 K | - | - | - | - | - | - | - | 26 K | - | - | - | - |
EBITDA |
- | 17.9 M | 24.8 M | 26.9 M | - | 28.7 M | 28.2 M | 23.3 M | - | 15.3 M | 11.3 M | 11.4 M | - | 17.4 M | 17.8 M | 16.4 M | - | 20.4 M | 20 M | 20.2 M | 20.9 M | 18.7 M | 16.9 M | 13.3 M | 13.7 M | 12.2 M | 11.5 M | 10.6 M | 13 M | 16.5 M | 13.4 M | 13 M | 14.7 M | 16.7 M | 15.6 M | 14.1 M | 17.2 M | 13 M | 11.3 M | 9.46 M | 9.47 M | 9.46 M | 8.47 M | 9.95 M | 4.09 M | 10.4 M | 12.2 M | 11.6 M |
Operating Expenses |
- | 27.6 M | 24.1 M | 26.1 M | - | 23.2 M | 23 M | 22.8 M | - | 19 M | 19.2 M | 23.6 M | - | 19.9 M | 20.3 M | 21.2 M | - | 19.4 M | 18.6 M | 19.3 M | - | 17.8 M | 17.5 M | 18.9 M | - | 15 M | 15.2 M | 15.5 M | - | 14.5 M | 16.3 M | 15.7 M | - | 13 M | 12.4 M | 12.4 M | - | 11.1 M | 10.9 M | 11.4 M | - | 9.45 M | 9.93 M | 9.88 M | - | 9.7 M | 10.3 M | 10.3 M |
General and Administrative Expenses |
- | 8.96 M | 5.72 M | 4.94 M | - | 4.3 M | 3.92 M | 3.7 M | - | 3.18 M | 3.58 M | 4.42 M | - | 3.9 M | 4.25 M | 4.03 M | - | 3.32 M | 3.38 M | 3.16 M | - | 3.06 M | 3.2 M | 3.32 M | - | 3.27 M | 3.48 M | 3.04 M | - | 2.9 M | 4.49 M | 3.6 M | - | 2.35 M | 2.5 M | 2.32 M | - | 2 M | 1.94 M | 1.81 M | - | 1.76 M | 1.92 M | 1.7 M | - | 1.97 M | 2.06 M | 1.95 M |
All numbers in USD currency
The income statement is one of the three key financial reports of a company Pzena Investment Management, Inc (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.