modv: the income statement

MyFinsight

ModivCare Inc (MODV)

For the year ending 2024-12-31, MODV made $2,782,080K in revenue. -$201,278K in net income. Net profit margin of -7.23%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

	2024-12-31
Income tax benefit	-5,506
Service revenue, net	2,787,586
Service expense	2,367,215
Impairment of goodwill	105,302
General and administrative expense	298,391
Depreciation and amortization	109,465
Total operating expenses	2,880,373
Operating income (loss)	-92,787
Interest expense, net	-94,053
Loss on debt extinguishment	-11,797
Loss before income taxes and equity method investment	-198,637
Equity in net income (loss) of investee, net of tax	-8,147
Net income (loss)	-201,278

Basic eps	-14.14
Diluted eps	-14.14
Basic average shares	14,239,549
Diluted average shares	14,239,549

Unit: Thousand (K) dollars (except for numbers of shares and EPS)