Lendway, Inc. (LDWY) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 | Q4'20 |
|---|
| Sales/Revenue | 5.15M | 23.18M | 12.44M | 6.19M | 6.63M | 16.78M | 8.03M | 0 | 0 | 0 | 0 | 4.53M | 0 | 3.25M | 6.15M | 4.53M | 3.49M | 6.1M | 5.39M | 5.05M |
| Revenue Growth % | -22.25% | 38.13% | 54.9% | - | - | - | - | -100% | - | -100% | -100% | 0.02% | -100% | -46.62% | 14.15% | -10.41% | -21.24% | 82.13% | 15.93% | -20.01% |
| Cost of Goods Sold | 5.21M | 17.79M | 8.55M | 6.77M | 5.19M | 12.8M | 6.29M | 0 | 0 | 0 | 0 | 3.76M | 0 | 2.84M | 4.87M | 3.98M | 2.95M | 4.89M | 4.46M | 4.02M |
| COGS % of Revenue | 101.16% | 76.74% | 68.75% | 109.4% | 78.27% | 76.3% | 78.29% | - | - | - | - | 83.06% | - | 87.22% | 79.18% | 87.9% | 84.4% | 80.18% | 82.75% | 79.58% |
| Gross Profit | -60K | 5.39M | 3.89M | -582K | 1.44M | 3.98M | 1.74M | 0 | 0 | 0 | 0 | 767K | 0 | 416K | 1.28M | 548K | 545K | 1.21M | 929K | 1.03M |
| Gross Margin % | -1.16% | 23.26% | 31.25% | -9.4% | 21.73% | 23.7% | 21.71% | - | - | - | - | 16.94% | - | 12.78% | 20.82% | 12.1% | 15.6% | 19.82% | 17.25% | 20.42% |
| Gross Profit Growth % | -104.17% | 35.55% | 122.99% | - | - | - | - | -100% | - | -100% | -100% | 39.96% | -100% | -65.56% | 37.78% | -46.9% | -2.5% | 263.86% | -0.43% | -35.34% |
| Operating Expenses | 2.98M | 2.91M | 2.46M | 3.31M | 2.79M | 4.09M | 3.39M | 536K | 1.63M | 557K | 628K | 1.67M | 488K | 1.52M | 1.21M | 1.8M | 1.47M | 2.06M | 2.69M | 2.02M |
| OpEx % of Revenue | 57.89% | 12.54% | 19.75% | 53.39% | 42.11% | 24.4% | 42.18% | - | - | - | - | 36.92% | - | 46.62% | 19.63% | 39.8% | 42.08% | 33.81% | 49.91% | 40.01% |
| Selling, General & Admin | 0 | 2.91M | 0 | 2.61M | 2.76M | 3.4M | 3.39M | 0 | 0 | 0 | 0 | 1.67M | 488K | 1.52M | 1.21M | 1.8M | 1.47M | 2.06M | 2.69M | 2.02M |
| SG&A % of Revenue | - | 12.54% | - | 42.1% | 41.69% | 20.24% | 42.18% | - | - | - | - | 36.92% | - | 46.62% | 19.63% | 39.8% | 42.08% | 33.81% | 49.91% | 40.01% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 0 | 1000K | 699K | 28K | 698K | 0 | 536K | 1000K | 557K | 628K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -3.04M | 2.48M | 1.43M | -3.89M | -1.35M | -118K | -1.64M | -536K | -1.63M | -557K | -628K | -905K | -488K | -1.1M | 73K | -1.25M | -925K | -853K | -1.76M | -990K |
| Operating Margin % | -59.05% | 10.72% | 11.51% | -62.79% | -20.38% | -0.7% | -20.47% | - | - | - | - | -19.98% | - | -33.84% | 1.19% | -27.69% | -26.48% | -13.99% | -32.66% | -19.59% |
| Operating Income Growth % | -125.24% | 2205.93% | 187.1% | -625.37% | 17.27% | 78.82% | -161.78% | 40.77% | -234.63% | 49.41% | -960.27% | 27.83% | 47.24% | -29.07% | 104.15% | -26.67% | -7.18% | 53.39% | -52.16% | 60.99% |
| EBITDA | -2.17M | 3.33M | 2.27M | -3.17M | -531K | 687K | -1.34M | -532K | -1.63M | -545K | -614K | -892K | -473K | -1.09M | 89K | -1.24M | -911K | -842K | -1.74M | -899K |
| EBITDA Margin % | -42.09% | 14.38% | 18.22% | -51.28% | -8.01% | 4.09% | -16.73% | - | - | - | - | -19.7% | - | -33.37% | 1.45% | -27.39% | -26.08% | -13.81% | -32.27% | -17.79% |
| EBITDA Growth % | -308.47% | 385.15% | 268.68% | -496.8% | 67.46% | 226.05% | -118.89% | 40.36% | -245.03% | 49.82% | -789.89% | 28.06% | 48.08% | -28.98% | 105.12% | -37.93% | -22.45% | 50.79% | -72.42% | 56.84% |
| D&A (Non-Cash Add-back) | 874K | 848K | 835K | 713K | 820K | 805K | 300K | 4K | 1K | 12K | 14K | 13K | 15K | 15K | 16K | 14K | 14K | 11K | 21K | 91K |
| EBIT | -3.26M | 1.78M | 1.46M | -3.1M | -1.35M | -118K | -1.61M | -536K | -1.63M | -557K | -628K | -905K | -488K | -1.1M | 73K | -972K | -925K | -853K | -1.76M | -990K |
| Net Interest Income | -822K | -935K | -970K | -980K | -800K | -964K | -225K | 193K | 111K | 135K | 103K | 0 | 55K | 31K | 0 | 10K | 14K | -33K | 0 | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 193K | 111K | 135K | 103K | 0 | 55K | 31K | 0 | 10K | 14K | 0 | 0 | 0 |
| Interest Expense | 822K | 935K | 970K | 980K | 800K | 964K | 225K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 33K | 0 | 0 |
| Other Income/Expense | -1.04M | -1.64M | -659K | 1.57M | 629K | -964K | -189K | 193K | 111K | 135K | 103K | 122K | 55K | 31K | -3K | 282K | 13K | -31K | 1.03M | 41K |
| Pretax Income | -4.09M | 850K | 773K | -2.32M | -722K | -1.08M | -1.83M | -343K | -1.52M | -422K | -525K | -783K | -433K | -1.07M | 70K | -972K | -912K | -884K | -724K | -949K |
| Pretax Margin % | -79.29% | 3.67% | 6.21% | -37.39% | -10.89% | -6.45% | -22.82% | - | - | - | - | -17.29% | - | -32.88% | 1.14% | -21.47% | -26.11% | -14.5% | -13.44% | -18.78% |
| Income Tax | -721K | -469K | 156K | 1.04M | 736K | -201K | -347K | 24K | -11K | 4K | 3K | -50K | 1K | 14K | 8K | 10K | 9K | 10K | 13K | 12K |
| Effective Tax Rate % | 17.65% | -55.18% | 20.18% | -45.14% | -101.94% | 18.58% | 18.93% | -7% | 0.72% | -0.95% | -0.57% | 6.39% | -0.23% | -1.31% | 11.43% | -1.03% | -0.99% | -1.13% | -1.8% | -1.26% |
| Net Income | -2.85M | 1.05M | 449K | -2.94M | -1.13M | -745K | -1.16M | -324K | 1.13M | -36K | 1.65M | -733K | 11.8M | -1.08M | 62K | -982K | -921K | -894K | -737K | -961K |
| Net Margin % | -55.39% | 4.52% | 3.61% | -47.48% | -16.97% | -4.44% | -14.48% | - | - | - | - | -16.18% | - | -33.31% | 1.01% | -21.69% | -26.37% | -14.67% | -13.68% | -19.01% |
| Net Income Growth % | -153.69% | 240.54% | 138.61% | -807.41% | -199.91% | -1969.44% | -170.57% | 55.8% | -90.46% | 96.68% | 2558.06% | 25.36% | 1381.32% | -21.25% | 108.41% | -2.19% | -3.95% | 51.49% | 20.32% | 60.92% |
| Net Income (Continuing) | -3.37M | 1.32M | 617K | -3.36M | -1.46M | -881K | -1.49M | -367K | -1.51M | -426K | -528K | -733K | -434K | -1.08M | 62K | -982K | -921K | -894K | -737K | -961K |
| Discontinued Operations | 0 | 23K | 10K | 22K | 66K | 64K | 72K | 43K | 1000K | 390K | 1000K | 0 | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 2.19M | 2.7M | 2.24M | 2.05M | 2.46M | 2.7M | 2.77M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -1.61 | 0.59 | 0.25 | -1.66 | -0.64 | -0.42 | -0.67 | -0.18 | -1.03 | -0.02 | 0.91 | -0.41 | 6.57 | -0.61 | 0.03 | -0.55 | -0.52 | -0.51 | -0.42 | -0.50 |
| EPS Growth % | -151.56% | 240.48% | 137.31% | -822.22% | 37.86% | -2000% | -173.63% | 56.1% | -115.68% | 96.72% | 2530.06% | 25.45% | 1363.46% | -19.61% | 108.24% | -10% | -1.96% | 51.43% | 14.29% | 65.99% |
| EPS (Basic) | -1.61 | 0.59 | 0.25 | -1.66 | -0.64 | -0.42 | -0.67 | -0.18 | -1.03 | -0.02 | 0.92 | -0.41 | 6.57 | -0.61 | 0.03 | -0.55 | -0.52 | -0.51 | -0.42 | -0.50 |
| Diluted Shares Outstanding | 1.77M | 1.77M | 1.77M | 1.77M | 1.77M | 1.77M | 1.74M | 1.74M | 1.78M | 1.8M | 1.8M | 1.8M | 1.79M | 1.79M | 1.79M | 1.77M | 1.77M | 1.75M | 1.75M | 1.74M |
| Basic Shares Outstanding | 1.77M | 1.77M | 1.77M | 1.77M | 1.77M | 1.77M | 1.74M | 1.74M | 1.78M | 1.8M | 1.8M | 1.8M | 1.8M | 1.79M | 1.79M | 1.77M | 1.77M | 1.75M | 1.75M | 1.74M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |