
Tri-Continental Corporation Income Statement 2020-2011 | TY
Brief overview of profit and loss at Tri-Continental Corporation
The figures are compared over a five-year interval. Revenue reported by Tri-Continental Corporation was $56.2 million at the beginning of the period and $199 million at the end. Overall revenue changed by +254.2%, equal to an annualized rate of about 28.8%. This pace points to rapid expansion of the business.
Across the five years, the net result shifted from −$32.2 million to $198 million. The trajectory reversed from a loss to positive earnings.
The market value of the business moved from $1.1 billion to $1.6 billion, or +44.6%. The valuation did not keep pace with the reported progress.
Financial takeaway
Financial performance is improving but still needs confirmation. Key strengths include improving net profitability and revenue expansion. Further direction will depend on top-line growth, operating profitability, and net income.
Annual Income Statement Tri-Continental Corporation
| 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
1.59 B | 1.54 B | 1.3 B | 1.37 B | 1.28 B | 1.1 B | 1.27 B | 1.2 B | 1.07 B | 968 M |
Shares |
53.6 M | 53.6 M | 51.4 M | 49.7 M | 56.8 M | 58.9 M | 61 M | 62.1 M | 63.1 M | 64.3 M |
Net Income |
198 M | 341 M | -73.5 M | 281 M | 185 M | -32.2 M | 146 M | 313 M | 165 M | 68.4 M |
Revenue |
199 M | 62.2 M | 61.3 M | 59.3 M | 59 M | 56.2 M | 51.9 M | 49.6 M | 46.3 M | 27.7 M |
EBITDA |
- | 628 M | -200 M | 510 M | 319 M | -113 M | 247 M | 584 M | 289 M | 116 M |
Operating Expenses |
- | 1.16 M | 1.19 M | 1.2 M | 1.24 M | 1.01 M | 745 K | 800 K | 1 M | 1.6 M |
General and Administrative Expenses |
619 K | 669 K | 705 K | 731 K | 679 K | 706 K | 450 K | 400 K | 800 K | 1.4 M |
All numbers in USD currency
The income statement is one of the three key financial reports of a company Tri-Continental Corporation (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.