$TW
Tradeweb Markets Inc.

2022 Q1 Form 10-Q Financial Statement

#000175873022000012 Filed on April 29, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q1
Revenue $311.5M $273.4M
YoY Change 13.93% 16.54%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $155.4M $134.1M
YoY Change 15.91% 11.94%
% of Gross Profit
Research & Development $15.78M $13.54M
YoY Change 16.48% 31.27%
% of Gross Profit
Depreciation & Amortization $44.45M $41.00M
YoY Change 8.41% 10.22%
% of Gross Profit
Operating Expenses $15.78M $13.54M
YoY Change 16.48% 31.27%
Operating Profit $111.6M $98.33M
YoY Change 13.5% 26.69%
Interest Expense -$447.0K -$500.0K
YoY Change -10.6% -171.43%
% of Operating Profit -0.4% -0.51%
Other Income/Expense, Net
YoY Change
Pretax Income $111.2M $97.83M
YoY Change 13.62% 24.93%
Income Tax $13.71M $16.27M
% Of Pretax Income 12.33% 16.63%
Net Earnings $82.97M $67.86M
YoY Change 22.26% 54.48%
Net Earnings / Revenue 26.64% 24.82%
Basic Earnings Per Share $0.41 $0.34
Diluted Earnings Per Share $0.40 $0.33
COMMON SHARES
Basic Shares Outstanding 204.1M shares 199.1M shares
Diluted Shares Outstanding 207.5M shares 205.0M shares

Balance Sheet

Concept 2022 Q1 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $863.5M $820.7M
YoY Change 5.22% 88.36%
Cash & Equivalents $828.1M $809.9M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $256.1M $169.9M
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.120B $990.6M
YoY Change 13.02% 48.94%
LONG-TERM ASSETS
Property, Plant & Equipment $35.14M $32.73M
YoY Change 7.36% -49.09%
Goodwill $2.780B $2.695B
YoY Change 3.17%
Intangibles $1.153B $1.157B
YoY Change -0.34%
Long-Term Investments
YoY Change
Other Assets $652.1M $663.2M
YoY Change -1.68% 126.43%
Total Long-Term Assets $4.882B $4.818B
YoY Change 1.31% 6.61%
TOTAL ASSETS
Total Short-Term Assets $1.120B $990.6M
Total Long-Term Assets $4.882B $4.818B
Total Assets $6.001B $5.809B
YoY Change 3.31% 12.04%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $70.51M $25.10M
YoY Change 180.92% -54.53%
Accrued Expenses $106.9M $101.4M
YoY Change 5.39% 10.94%
Deferred Revenue
YoY Change
Short-Term Debt $20.51M $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $202.5M $128.3M
YoY Change 57.81% -14.41%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $436.8M $452.3M
YoY Change -3.43% 62.52%
Total Long-Term Liabilities $436.8M $452.3M
YoY Change -3.43% 62.52%
TOTAL LIABILITIES
Total Short-Term Liabilities $202.5M $128.3M
Total Long-Term Liabilities $436.8M $452.3M
Total Liabilities $707.4M $643.8M
YoY Change 9.88% -61.72%
SHAREHOLDERS EQUITY
Retained Earnings $261.9M $207.9M
YoY Change 26.0%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $4.649B $4.519B
YoY Change
Total Liabilities & Shareholders Equity $6.001B $5.809B
YoY Change 3.31% 12.04%

Cashflow Statement

Concept 2022 Q1 2021 Q1
OPERATING ACTIVITIES
Net Income $82.97M $67.86M
YoY Change 22.26% 54.48%
Depreciation, Depletion And Amortization $44.45M $41.00M
YoY Change 8.41% 10.22%
Cash From Operating Activities $45.24M $55.57M
YoY Change -18.59% -355.41%
INVESTING ACTIVITIES
Capital Expenditures $9.061M $4.359M
YoY Change 107.87% 235.82%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$18.04M -$12.63M
YoY Change 42.89% 51.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $47.32M $6.849M
YoY Change 590.95%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$168.1M -$24.45M
YoY Change 587.45% 973.78%
NET CHANGE
Cash From Operating Activities $45.24M $55.57M
Cash From Investing Activities -$18.04M -$12.63M
Cash From Financing Activities -$168.1M -$24.45M
Net Change In Cash -$144.0M $18.66M
YoY Change -871.72% -151.32%
FREE CASH FLOW
Cash From Operating Activities $45.24M $55.57M
Capital Expenditures $9.061M $4.359M
Free Cash Flow $36.18M $51.21M
YoY Change -29.35% -322.12%

Facts In Submission

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