Company name:
Black Knight Inc
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IPO SHARE PRICE:$24.00
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IPO DATE:May 20, 2015
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TICKER:BKFS
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MAIN STOCK EXCHANGE:New York Stock Exchange
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CURRENT HQ LOCATION:601 Riverside Avenue Jacksonville Florida 32204
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FISCAL YEAR END:December 31
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INCORPORATION JURISDICTION:DE
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ORGANIZED AS THE FOLLOWING LEGAL TYPE:Corporation
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Investor Relations Webpage:Coming soon!
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TAX RATE:USA federal corporate nominal income tax rate is 21%
Short Description
Black Knight Inc
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Income Statement
(USD in thousand)
Selected Year:
31-Dec
2020
2020
Revenue
Gross receipts in the form of cash (great!) and promises to pay (Account Receivables - not so great as some of them will never be collected but reality of business!) from all its customers
Selected Year:
31-Dec
2020
2020
Operating expenses
Cost (labor, materials, depreciation, overhead, etc) for delivering service or manufacturing a product that business sells
78.5%
54.1% —
Operating expenses
21.9% —
Depreciation and amortization
2.5% —
Transition and integration costs
Selected Year:
31-Dec
2020
2020
Operating Income
Income after excluding Operating Expenses from Total Revenue
21.5%
21.5% —
Operating Income
Key metric that shows earnings potential of the company's business model
Selected Year:
31-Dec
2020
2020
Non-operating expenses
Cost usually unrelated to delivering service or manufacturing a product that business sells
1.3%
1.3% —
Other expense or income
Selected Year:
31-Dec
2020
2020
Earnings before Interest and Taxes (EBIT)
Income after excluding Operating and Non-operating Expenses from Total Revenue
22.9%
22.9% —
EBIT
Another income metric but unlike Operating Income it is closer to the ultimate income metric - Net Income by removing expenses that are not related to earning Revenue as they are supposed to be accidental and transitory
Selected Year:
31-Dec
2020
2020
Interest Expense and Income, Taxes
Expenses driven mostly by company management's choices, nature of business (capital intensive vs not) about financing (debt vs equity) and legal structure
3.0%
5.1% —
Interest expense
3.4% —
Income tax expense or benefit
5.4% —
Income or loss from equity method investments
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Interest expense
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(57,500) | (51,700) | (63,500) | (62,900) | (62,900) | (82,000) | |||
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Total other expense or income
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(70,100) | (58,800) | (64,900) | (46,500) | (46,500) | (84,800) | |||
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Income before results from equity method investments
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254,200 | 168,500 | 182,800 | 178,700 | 178,700 | 164,400 | |||
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Income before income taxes and earnings of investee companies
Income before income taxes and earnings of investee companies
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192,400 | 206,200 | 224,700 | 220,300 | 220,300 | 165,600 | |||
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Income or loss from equity method investments
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- | - | (74,000) | 67,100 | 67,100 | 3,600 | |||
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Income before income taxes
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- | - | - | - | - | - | |||
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Income (loss) from continuing operations before income taxes
Income (loss) from continuing operations before income taxes
|
- | - | - | - | - | - | |||
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Income tax expense or benefit
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(61,800) | 37,700 | 41,900 | 41,600 | 41,600 | 1,200 |
Selected Year:
31-Dec
2020
2020
Net income (loss)
Ultimate measure of Income - Net result after excluding all expenses from Total Revenue
19.8%
19.8% —
Net income (loss)
It is a residue that is left from Total Revenue after paying all kind of expenses and belongs to all equity holders in the company. Some of these shareholders such Non-controlling interest or Preferred equity gets their share before Common shareholders
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Net income (loss)
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$254,200 | $168,500 | $108,800 | $245,800 | $245,800 | $168,000 | |||
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Net income (loss) attributable to non-controlling interests
Net income (loss) attributable to non-controlling interests
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71,900 | - | - | - | - | - | |||
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Net income (loss) attributable to Company
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182,300 | 168,500 | 108,800 | 264,100 | 264,100 | 188,400 | |||
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Unrealized holding gain (loss)
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3,700 | (18,000) | (23,900) | (1,000) | (1,000) | 92,400 | |||
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Reclassification adjustments for (gains) losses included in net income
Reclassification adjustments for (gains) losses included in net income
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400 | - | 12,200 | (2,000) | (2,000) | (41,200) | |||
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Unrealized gain (loss) on interest rate swaps
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4,100 | (3,400) | (18,000) | (11,700) | (11,700) | 16,400 | |||
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Foreign currency translation
|
- | (100) | (100) | (3,000) | (3,000) | (11,600) | |||
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Unrealized (gain) loss on equity-method investments
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- | (3,400) | (6,800) | (4,000) | (4,000) | (28,000) | |||
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Other comprehensive income (loss)
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4,100 | (3,600) | (21,500) | (18,600) | (18,600) | (22,800) | |||
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Comprehensive income (loss) attributable to non-controlling interest
Comprehensive income (loss) attributable to non-controlling interest
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74,100 | - | - | - | - | - | |||
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Comprehensive income (loss)
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260,500 | 164,900 | 87,300 | 227,200 | 227,200 | 145,200 | |||
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Income from continuing operations
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- | - | - | - | - | - | |||
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Income from discontinued operations
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- | - | - | - | - | - | |||
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Net income (loss) attributable to redeemable non-controlling interests
Net income (loss) attributable to redeemable non-controlling interests
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- | - | - | 18,300 | 18,300 | - | |||
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Comprehensive income (loss) attributable to Company
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- | 164,900 | 87,300 | 245,500 | 245,500 | 165,600 |
Basic Shares Outstanding
Basic shares outstanding as of certain dates reported by Company on its annual and quarterly filings, these numbers are NOT used calculation of basic EPS. They help to see share issuance by company in perspective
Selected Year:
31-Dec
2020
2020
EPS
Net Income / Shares Outstanding = EPS before dilution or Basic EPS; Net Income/ ( Shares Outstanding + potentially available shares from conversion of various option instruments)