The Motley Fool

MAY 7, 2024

According to a filing on April 10, SoundHound decided to sell $150 million of its stock through five different financial institutions which will act as sales managers. For 2025, the company is projecting $100 million in revenue and positive adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ).

Financial Institutions 130

Financial Institutions Amortization Depreciation Earnings Before Interest 130

The Motley Fool

AUGUST 11, 2023

So what Open Lending offers automated lending services to banks and financial institutions that provide auto loans. per share, while adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) fell 39% year over year to $20.7 as of noon ET on Friday. Net income in the quarter was down 51% to $11.4

Financial Institutions 130

Financial Institutions Amortization Depreciation Earnings Before Interest 130

The Motley Fool

AUGUST 9, 2023

So what Open Lending is a firm that provides automated lending services to financial institutions that offer auto loans. million a year ago, while adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) was $20.7 The number of facilitated certified loans was down from 44,531 in Q2 2022.

Financial Institutions 130

Financial Institutions Amortization Depreciation Earnings Before Interest 130

The Motley Fool

AUGUST 14, 2024

The acquisition will help SoundHound move into other industry verticals such as financial institutions, insurance, retail, and healthcare. per share, while its adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) loss widened to $13.8 However, the company continues to lose money. million from $10.1

Financial Institutions 130

Financial Institutions Amortization Depreciation Earnings Before Interest 130

The Motley Fool

JUNE 22, 2024

A digital-only approach enabled it to scale up its business at a much faster rate than its brick-and-mortar competitors, and it's now the fourth-largest financial institution in Latin America. Its adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) also turned negative in 2023.

Financial Institutions 130

Financial Institutions Amortization Depreciation Earnings Before Interest 130

The Motley Fool

FEBRUARY 3, 2024

Beating expectations For years, SoFi has been able to point to positive adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ). SoFi is intent on becoming a top 10 financial institution.

Banks 130

Banks Financial Institutions Financial Services Amortization 130

The Motley Fool

JANUARY 1, 2024

He specifically said that these up-and-coming financial institutions don't need to abide by many of the same regulatory requirements as traditional banks. CEO Anthony Noto has even set a goal of becoming a top-10 financial institution in the United States. bank in consolidated assets as of Sept.

Financial Institutions 100

Financial Institutions Banks Amortization Depreciation 100

The Motley Fool

JANUARY 31, 2024

Adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) turned positive after a loss the year before, and adjusted net income was $14 million. Two-sided model Pagaya sells its loans to financial institutions as asset-backed securities (ABS), gaining money to use for new loans.

Due Diligence 130

Due Diligence Bidding Financial Institutions Amortization 130

The Motley Fool

JULY 8, 2023

One significant benefit is open protocols improve Block's ability to compete with larger financial institutions. And with it producing almost $6 billion in gross profit and $991 million in earnings before interest, taxes, depreciation, and amortization ( EBITDA ) in 2022, it has a strong business.

Companies 130

Companies Financial Institutions Banks Amortization 130

The Motley Fool

OCTOBER 4, 2024

On the basis of adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ), Hims & Hers Health brought in $39.3 These fees are paid by Mastercard's customers, which are financial institutions that issue debit and credit cards with the company's brand. million in the same time frame last year.

Financial Institutions 100

Financial Institutions Amortization Depreciation Consulting 100

Pension Pulse

FEBRUARY 12, 2025

While we anticipate volatility in general to affect overall results at various horizons, fluctuations caused by the depreciation of the Canadian dollar was especially prominent during this reporting period. These gains were offset by losses in fixed income assets, which were impacted by increasing yields in U.S. Treasuries.

Mergers and Acquisitions 59

Mergers and Acquisitions Investing Stakes Buyout 59

The Motley Fool

AUGUST 1, 2024

The first example to highlight is a major contract signed with a large financial institution. It looks like the real estate depreciation went up sequentially by like $14 million. Continuing with wins in our records management business, I am particularly excited to discuss a couple of digital wins.

Assets 130

Assets Banks Leveraging Depreciation 130

Quiet Growth

MAY 10, 2023

A reserve currency is a foreign currency held in substantial quantities by governments, central banks, and other financial institutions as part of their foreign exchange reserves. These reserves are typically used to stabilise their domestic currency’s value and to conduct international trade and investment transactions.

Financial Institutions 52

Financial Institutions Banks Depreciation Stock Market 52

The Motley Fool

DECEMBER 5, 2023

SG&A expenses expanded primarily from ongoing labor investments in our stores, IT costs, depreciation, and facility costs. SG&A expenses increased primarily from store labor investments, minimum wage increases, facility costs, costs related to the OTC recall, and depreciation. Our effective tax rate was 21.8% versus 23.4%.

Taxes 130

Taxes Depreciation Leveraging Liabilities 130

The Motley Fool

JULY 26, 2024

What big financial institutions are counting on from the Fed. People were overpaying for a depreciating asset. In this podcast, Motley Fool contributor Matt Frankel and host Ricky Mulvey discuss: Bank of America 's comeback story. Why commercial real estate giant Prologis is getting into the data center business.

Banks 130

Banks Investment Banking Investment Banks Portfolios 130

The Motley Fool

NOVEMBER 14, 2023

billion of principal amount of loans outstanding were from channeling arrangements, which is lending by other financial institutions on our platform. In quite many of markets actually, there is a depreciation against U.S. The portfolio included $2.4 billion of gross loans receivable on our balance sheet. dollar basis.

Banks 130

Banks Financial Institutions Portfolios Financial Services 130

The Motley Fool

MAY 16, 2024

Many of the world's largest airlines, energy companies, financial institutions, along with government organizations, count on DXC for the systems at the heart of their business. Depreciation and amortization was flat year to year as a percent of revenue, down $17 million, reflecting continued capital discipline.

Resale 130

Resale Consulting Consultants Debt 130

The Motley Fool

JUNE 6, 2024

We offer programs with third-party financial institutions, as well as through our Red Iron joint venture with Huntington Bank. Additionally, for the full year, we continue to expect depreciation and amortization of about $120 million to $130 million and an adjusted effective tax rate of about 21%. The majority of our U.S.

Taxes 130

Taxes Leveraging Financing Finance 130

The Motley Fool

JULY 27, 2023

That said, we are seeing some signs of adverse market sentiment, particularly from large financial institutions in the United States that are impacting our revenue growth in the short-term as others in the space have also called out. We believe these headwinds are temporary, while the growth drivers are secular. So, that's first.

Securities and Exchange Commission (SEC) 100

Securities and Exchange Commission (SEC) Banks Debt Capital 100

The Motley Fool

AUGUST 24, 2023

financial institution to provide a custom app for wealth management operations powered by our data platform. percentage points from Q1 primarily due to our move from a fully depreciated data center. We closed a very significant upsell with a Fortune 500 U.S. Our subscription gross margin was 84.9%, down 0.4

Prospects 100

Prospects Accounting Capital Consulting 100

Pension Pulse

JUNE 20, 2023

Previously Andrew led the Americas Structured Credit and Financials team where he was responsible for investments in sub-investment grade structured credit and debt capital solutions for financial institutions, as well as the intellectual property investment strategy. Andrew holds a Bachelor of Commerce from McGill University.

Investing 52

Investing Leveraging Banks Debt 52

The Motley Fool

AUGUST 9, 2023

Simultaneously, we're assessing various options, including corporate debt facilities for major financial institutions, alternative infrastructure, project financing, and solutions for ITC project financings. We have a term sheet, term sheet framework, and we're working through final processes to get this structure approved and lost.

Securities and Exchange Commission (SEC) 100

Securities and Exchange Commission (SEC) Due Diligence Leveraging Capital 100

The Motley Fool

FEBRUARY 3, 2025

Interest rates should keep declining Upstart's business flourishes when interest rates are low, while rising rates usually drive people to take out fewer loans and financial institutions to put less money on the table. YOY = Year-over-year. That acceleration indicates Upstart has already passed its cyclical trough.

Financial Institutions 230

Financial Institutions Enterprise Values Amortization Depreciation 230

The Motley Fool

MARCH 25, 2025

Their partnered banks and financial institutions actually issue the co-branded cards and handle the accounts, while Visa and Mastercard simply charge "swipe fees" every time those cards are used. American Express American Express is often compared to Visa (NYSE: V) and Mastercard (NYSE: MA) , but it operates a different business model.

Banks 130

Banks Financial Institutions Amortization Depreciation 130

The Motley Fool

DECEMBER 23, 2024

Sycamore will probably need to bring other financial institutions on board to meet the numbers necessary to pull off an acquisition of Walgreens and its enormous chain of retail assets. The Wall Street Journal recently reported that Walgreens is in talks with a private equity group called Sycamore Partners regarding a potential sale.

Portfolios 130

Portfolios Financial Institutions Amortization Depreciation 130

The Motley Fool

FEBRUARY 27, 2025

Today, we work with 30% of the top quick-service restaurants and 70% of the top financial institutions in the world. million and noncash depreciation and amortization, including the amortization of intangibles, of $7.9 The time for voice AI is now. We added new automotive customers, grew in healthcare. in the quarter.

Amortization 245

Amortization Leveraging Professional Services Capital 245

The Motley Fool

FEBRUARY 20, 2025

In Brazil, we continued adding over 1 million customers per month, serving 58% of the population, and further consolidating our position as the third-largest financial institution in the country in number of customers. billion, reflecting our position as a trusted financial institution. Deposits reached $1.3

Banks 130

Banks Collateral Financing Finance 130

The Motley Fool

NOVEMBER 7, 2024

As far as our EBIT performance, which includes the impact of stock-based compensation, depreciation and amortization, we delivered $892 million of EBIT with a margin of 22%, deleveraging approximately 100 basis points year over year in the third quarter. On the bottom line, we delivered third quarter EBITDA of $1.25

Leveraging 130

Leveraging Banks Returns Capital 130

The Motley Fool

DECEMBER 18, 2024

From our dealer or distributor perspective, the financing operates the same, whether it is through Red Iron or another financial institution. In our industry, inventory floor plan financing programs are the standard. We also expect both the Residential and Professional segment earnings margins to be higher than last year.

Taxes 130

Taxes Leveraging Shareholders Capital 130

The Motley Fool

MARCH 4, 2025

As a result of these impairments, it will reduce future amortization and depreciation, including a reduction of $55 million to $60 million in 2025. And look, it's a fully funded project, right, backed by a very large financial institution. So financing and the opportunity set of this project should not be a challenge.

Securities and Exchange Commission (SEC) 246

Securities and Exchange Commission (SEC) Taxes Financing Finance 246