Patria Investments Financial Statements
NASDAQ: PAXFinanceInvestment ManagersUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Patria Investments revenue and earnings
In fiscal 2023, Patria Investments generated $374.2 million in revenue, up 14.2% from fiscal 2023, its 4th consecutive year of revenue growth. Net income was $71.9 million (-39.3% year over year), for a net margin of 19.2% versus a median of 47.5% in the prior 5 years. Diluted earnings per share came in at $0.467, down from $0.7963.
Over the last 5 fiscal years, PAX's revenue has grown at a 24.9% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Patria Investments income statement (annual)
| Fiscal year (USD) | FY 20232024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 |
|---|---|---|---|---|---|---|---|
| Revenue | 374.20M | 327.62M | 258.88M | 235.51M | 115.02M | 123.22M | 105.67M |
| Revenue growth (YoY) | +14.22% | +26.55% | +9.92% | +104.77% | -6.65% | +16.60% | — |
| Gross Profit | — | — | — | 148.75M | 81.83M | 80.26M | 64.45M |
| Operating Expenses | — | — | — | 26.89M | 16.67M | 15.64M | 17.95M |
| Operating Income | — | — | — | 121.86M | 65.17M | 64.62M | 46.50M |
| Interest Expense | 38.50M | 10.66M | 4.75M | 1.48M | 1.12M | 95.00K | 206.00K |
| Other Income (Expense) | -45.82M | -18.67M | -9.27M | -12.51M | -2.04M | 66.00K | -42.00K |
| Pretax Income | 85.99M | 118.00M | 102.45M | 121.57M | 64.98M | 64.45M | 46.46M |
| Income Tax | 10.31M | -2.82M | 8.35M | 381.00K | 3.14M | 3.51M | 1.99M |
| Net Income | 71.88M | 118.40M | 92.96M | 122.48M | 62.21M | 58.54M | 43.67M |
| Net Income growth (YoY) | -39.29% | +27.37% | -24.10% | +96.88% | +6.27% | +34.05% | — |
| EPS (Basic) | 0.4689 | 0.7989 | 0.6314 | 0.9007 | 0.5317 | — | — |
| EPS (Diluted) | 0.467 | 0.7963 | 0.6314 | 0.9007 | 0.5317 | — | — |
| Shares Outstanding (Basic) | 153.29M | 148.21M | 147.22M | 135.98M | 117.00M | 117.00M | 117.00M |
| Shares Outstanding (Diluted) | 153.92M | 148.68M | 147.23M | 135.98M | 117.00M | 117.00M | 117.00M |
| Gross Margin | — | — | — | 63.16% | 71.15% | 65.14% | 60.99% |
| Operating Margin | — | — | — | 51.74% | 56.66% | 52.45% | 44.00% |
| Net Margin | 19.21% | 36.14% | 35.91% | 52.00% | 54.09% | 47.51% | 41.33% |
This table shows 7 annual periods of Patria Investments's income statement, from FY 2023 back to FY 2018, across 16 line items including revenue, gross profit, operating expenses. Values in USD; B = billions, M = millions. Fiscal periods follow PAX's reporting calendar. What is a income statement?