Newmark market cap is $2.4 b, and annual revenue was $2.22 b in FY 2019

Newmark Gross profit (Q2, 2020)142.3 M

Newmark Gross profit margin (Q2, 2020), %37.1%

Newmark Net income (Q2, 2020)644 K

Newmark EBIT (Q2, 2020)10.8 M

Newmark Cash, 30-Jun-2020306.4 M

Newmark EV4.1 B

Newmark revenue was $2.22 b in FY, 2019 which is a 8.3% year over year increase from the previous period.

Newmark revenue breakdown by business segment: 38.5% from Leasing and Other Commissions, 24.4% from Capital markets, 8.9% from Gains from Mortgage Banking Activities/Origination and 28.1% from Management Services, Servicing Fees and Other

USD | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|

## Revenue | 1.6b | 2.0b | 2.2b |

| 18% | 28% | 8% |

## Cost of goods sold | 1.1b | 1.4b | 1.5b |

## Gross profit | 461.6m | 661.0m | 683.3m |

| 29% | 32% | 31% |

## General and administrative expense | 219.2m | 331.8m | 361.9m |

## Operating expense total | 365.8m | 328.4m | 437.1m |

## Depreciation and amortization | 95.8m | 97.7m | 131.1m |

## EBIT | 199.8m | 332.6m | 246.2m |

| 13% | 16% | 11% |

## Interest expense | 50.2m | 32.1m | |

## Interest income | 2.8m | ||

## Pre tax profit | 202.6m | 282.4m | 214.1m |

## Income tax expense | 57.5m | 90.5m | 52.4m |

## Net Income | 145.1m | 191.9m | 161.7m |

## EPS | 0.9 | 0.6 | 0.6 |

USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 |
---|---|---|---|---|---|---|---|---|

## Revenue | 430.5m | 466.6m | 518.8m | 373.4m | 551.5m | 586.6m | 483.9m | 383.7m |

## Cost of goods sold | 278.5m | 334.0m | 332.2m | 277.2m | 356.1m | 397.7m | 313.2m | 241.4m |

## Gross profit | 152.0m | 132.6m | 186.7m | 96.1m | 195.4m | 189.0m | 170.8m | 142.3m |

| 35% | 28% | 36% | 26% | 35% | 32% | 35% | 37% |

## General and administrative expense | 75.4m | 80.0m | 84.9m | 87.9m | 101.7m | 86.3m | 92.3m | 61.0m |

## Operating expense total | 99.1m | 106.9m | 23.7m | 58.3m | 142.4m | 21.5m | 142.7m | 131.6m |

## Depreciation and amortization | 22.5m | 20.2m | 25.9m | 28.3m | 33.4m | 36.8m | 46.0m | 10.1m |

## EBIT | 52.8m | 25.7m | 162.9m | 37.8m | 49.3m | 167.5m | 28.1m | 10.8m |

| 12% | 6% | 31% | 10% | 9% | 29% | 6% | 3% |

## Interest expense | 13.4m | 10.6m | 11.5m | 7.7m | 8.1m | 8.2m | 9.0m | 10.1m |

## Pre tax profit | 39.4m | 15.1m | 151.4m | 30.1m | 41.2m | 159.3m | 19.0m | 732.0k |

## Income tax expense | 6.9m | 10.8m | 35.9m | 6.7m | 9.1m | 36.8m | 4.8m | 88.0k |

## Net Income | 32.5m | 4.3m | 115.6m | 23.4m | 32.1m | 122.6m | 14.2m | 644.0k |

## EPS | 0.1 | 0.4 | 0.1 | 0.1 | 0.5 | 0.0 | 0.0 |

USD | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|

## Cash | 121.0m | 122.5m | 163.6m |

## Accounts Receivable | 210.5m | 451.6m | 508.4m |

## Current Assets | 825.1m | 1.8b | 1.1b |

## PP&E | 64.8m | 78.8m | 98.0m |

## Goodwill | 477.5m | 515.3m | 557.9m |

## Total Assets | 2.3b | 3.5b | 3.2b |

## Accounts Payable | 79.4m | 113.7m | 417.1m |

## Short-term debt | 360.4m | 972.4m | 209.6m |

## Current Liabilities | 782.6m | 1.7b | 1.0b |

## Long-term debt | 670.7m | 537.9m | 589.3m |

## Total Debt | 1.0b | 1.5b | 798.9m |

## Total Liabilities | 2.0b | 2.4b | 2.2b |

## Common Stock | 1.5m | 5.0m | 3.3m |

## Additional Paid-in Capital | 59.4m | 285.1m | 318.2m |

## Retained Earnings | 199.5m | 278.0m | 313.1m |

## Total Equity | 222.3m | 1.1b | 940.6m |

## Debt to Equity Ratio | 4.6 x | 1.4 x | 0.8 x |

## Debt to Assets Ratio | 0.5 x | 0.4 x | 0.2 x |

## Financial Leverage | 10.2 x | 3.3 x | 3.4 x |

USD | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|

## Net Income | 145.1m | 191.9m | 161.7m |

## Depreciation and Amortization | 95.8m | 97.7m | 131.1m |

## Accounts Receivable | (57.2m) | (129.5m) | (52.0m) |

## Accounts Payable | 13.1m | 152.9m | 90.7m |

## Cash From Operating Activities | 852.2m | (332.4m) | 986.8m |

## Purchases of PP&E | (19.1m) | (21.0m) | (34.5m) |

## Cash From Investing Activities | 379.0k | 7.7m | (56.8m) |

## Short-term Borrowings | (8.7b) | (8.0b) | (9.5b) |

## Long-term Borrowings | (304.3m) | (670.7m) | (105.0m) |

## Dividends Paid | (41.8m) | (69.2m) | |

## Cash From Financing Activities | (798.2m) | 336.7m | (895.5m) |

## Net Change in Cash | 54.4m | 12.0m | 34.5m |

## Interest Paid | 21.0m | 81.8m | 37.0m |

## Income Taxes Paid | 46.0k | 1.2m | 95.1m |

USD | FY, 2017 |
---|---|

## Revenue/Employee | 332.6k |

## Debt/Equity | 4.6 x |

## Debt/Assets | 0.5 x |

## Financial Leverage | 10.2 x |