ModivCare Inc. (MODV) — Financial statements
Income statement, balance sheet, and cash flow for ModivCare Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 2,788↑1.3% | 2,751↑9.9% | 2,504↑25.4% | 1,997↑45.9% | 1,369 | |
| Cost of Revenue | 2,367↑2.7% | 2,304↑13.4% | 2,032↑28.3% | 1,584↑46.9% | 1,079 | |
| Gross Profit | 420↓5.9% | 447↓5.4% | 472↑14.5% | 413↑42.3% | 290 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 298↓2.0% | 305↓5.5% | 322↑18.8% | 271↑93.0% | 141 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 298↓2.0% | 305↓5.5% | 322↑18.8% | 271↑93.0% | 141 | |
| Other Expenses | 215↓23.9% | 282↑203.4% | 93↑80.5% | 52↑96.9% | 26 | |
| Operating Expenses | 513↓12.6% | 587↑41.3% | 415↑28.6% | 323↑93.6% | 167 | |
| Total Costs & Expenses | 2,880↓0.4% | 2,891↑18.1% | 2,447↑28.3% | 1,907↑53.1% | 1,246 | |
| Operating Results | ||||||
| Operating Income | -93↑33.7% | -140↓345.2% | 57↓36.4% | 90↓27.1% | 123 | |
| Depreciation & Amortization | 109↑5.0% | 104↓6.9% | 112↑64.0% | 68↑92.9% | 35 | |
| EBITDA | 5↑113.7% | -36↓122.7% | 157↑7.3% | 147↓1.0% | 148 | |
| EBIT | -105↑25.3% | -140↓345.2% | 57↓36.1% | 89↓27.4% | 123 | |
| Interest & Other Income | ||||||
| Net Interest Income | -94↓36.1% | -69↓11.6% | -62↓26.2% | -49↓178.9% | -18 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 94↑36.1% | 69↑11.6% | 62↑26.2% | 49↑178.9% | 18 | |
| Non-Operating Income | 12 | 0.00 | 0.00 | 0.00↑100.0% | -1 | |
| Other Income / Expenses | -114↓65.6% | -69↓11.1% | -62↓26.2% | -49↓338.7% | -11 | |
| Income Before Tax | -207↑1.0% | -209↓4180.9% | -5↓112.0% | 41↓64.4% | 114 | |
| Income Tax Expense | -6↓27.5% | -4↓42.3% | -3↓134.8% | 9↓64.8% | 25 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -201↑1.6% | -204↓542.8% | -32↓383.0% | -7↓107.4% | 89 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -201↑1.6% | -204↓10999.9% | -2↓105.8% | 32↓64.0% | 89 | |
| Bottom-Line Net Income | -201↑1.6% | -204↓542.8% | -32↓383.0% | -7↓120.3% | 32 | |
| EPS (Basic) | -14.14↑2.0% | -14.43↓11000.0% | -0.13↓105.7% | 2.27↓5.0% | 2.39 | |
| EPS (Diluted) | -14.14↑2.0% | -14.43↓11000.0% | -0.13↓105.7% | 2.27↓4.2% | 2.37 | |
| Weighted Average Shares | 14↑0.5% | 14↑0.8% | 14↑0.1% | 14↑3.6% | 14 | |
| Weighted Average Diluted Shares | 14↑0.5% | 14↑0.8% | 14↑0.1% | 14↑2.7% | 14 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.