ONE Financials Monday, July 14, 2014 10:11:40 PM

ONE Financials Monday, July 14, 2014 10:11:40 PM
Higher One Holdings, Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 211,123 197,720 176,320 144,969
Cost of Revenue 88,824 80,280 67,560 51,845
Gross Profit 122,299 117,440 108,760 93,124
Operating Expenses
Research and Development 9,305 5,221 3,265 3,311
Sales, General and Admin. 75,613 58,605 57,980 48,566
Non-Recurring Items 11,529 (5,828) - -
Other - - - -
Operating Income 25,852 59,442 47,515 41,247
Income From Continuing Operations
Add'l Income/Expense Items 710 419 1,568 29
Earnings Before Interest and Tax 26,562 59,861 49,083 41,276
Interest Expense 3,082 967 266 729
Earnings Before Tax 23,480 58,894 48,817 40,547
Income Tax 9,352 22,024 16,924 15,488
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations 14,128 36,870 31,893 25,059
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 14,128 36,870 31,893 25,059
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders 14,128 36,870 31,893 25,059