BM Technologies, Inc. Income Statement

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Financial Statements

In millions of USD; shares in millions, except per-share amounts

	FY2023 12 months to Dec 31, 2023	FY2022 12 months to Dec 31, 2022	FY2021 12 months to Dec 31, 2021	FY2020 12 months to Dec 31, 2020	FY2019 12 months to Dec 31, 2019
Operating revenues
Interchange and card revenue
Servicing fees
Account fees
University fees
Other revenue
Total operating revenues
Operating expenses:
General and administrative
Technology, communication, and processing
Salaries and employee benefits
Professional services
Franchise tax
Support services - related party
Total expenses

Other income
Interest income on investments held in Trust Account
Total other income
Provision for operating losses
Occupancy
Customer related supplies
Advertising and promotion
Restructuring, merger, and acquisition related expenses
Other expense
Total operating expenses
Loss from operations
Non-operating income and expense:
Gain on fair value of private warrant liability
Interest expense
Loss before income tax expense (benefit)
Income tax expense (benefit)
Net loss
Weighted average shares outstanding of common stock (in Shares)
Common Class A
Class B Common Stock
Basic and diluted net income (loss) per share (in Dollars per share)
Common Class A
Class B Common Stock
Weighted average number of shares outstanding - basic (in shares)
Weighted average number of shares outstanding - diluted (in shares)
Basic loss per common share (in dollars per share)
Diluted loss per common share (in dollars per share)

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