AMN Healthcare Services, Inc. Financial Statements — AMN

Income Statement	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
Sales/Revenue/Turnover	760	670	887	954	1,012	1,036	1,463	1,902	1,988	2,136	2,222	2,394	3,984	5,243	3,789
+ Sales & Services Revenue	760	670	887	954	1,012	1,036	1,463	1,902	1,988	2,136	2,222	2,394	3,984	5,243	3,789
- Cost of Revenue	555	486	638	684	715	720	994	1,283	1,344	1,440	1,479	1,602	2,675	3,527	2,540
+ Cost of Goods & Services	555	486	638	684	715	720	994	1,283	1,344	1,440	1,479	1,602	2,675	3,527	2,540
Gross Profit	204	184	249	270	297	316	469	620	644	696	743	792	1,310	1,717	1,250
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	171	177	212	217	232	248	340	428	432	494	567	643	832	1,070	911
+ Selling, General & Admin	157	163	195	203	218	232	320	398	400	452	508	550	730	937	756
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	14	15	16	14	14	16	21	30	32	41	59	93	101	133	155
Operating Income (Loss)	33	7	38	53	66	68	129	192	212	203	177	149	478	647	338
- Non-Operating (Income) Loss	199	71	24	26	10	9	8	15	20	16	28	58	34	40	54
+ Interest Expense, Net	12	20	24	26	10	9	8	15	20	16	28	58	34	40	54
+ Interest Expense	12	20	24	26	10	9	8	15	20	16	28	58	34	40	54
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	187	51	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Pretax Income	-166	-64	14	27	56	59	121	176	193	187	148	92	444	607	284
- Income Tax Expense (Benefit)	-43	-11	9	11	23	25	39	70	60	45	34	21	117	163	74
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	-122	-53	5	16	33	33	82	106	133	142	114	71	327	444	211
- Net Extraordinary Losses (Gains)	- -	-1	31	-1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	1	-31	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	-2	63	-2	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	-122	-52	-26	17	33	33	82	106	133	142	114	71	327	444	211
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	-122	-52	-26	17	33	33	82	106	133	142	114	71	327	444	211
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	-122	-52	-26	17	33	33	82	106	133	142	114	71	327	444	211
Basic Weighted Avg Shares	33	35	40	42	46	47	48	48	48	47	47	47	48	45	39
Basic EPS, GAAP	-3.75	-1.49	-0.66	0.41	0.72	0.71	1.72	2.21	2.77	2.99	2.44	1.49	6.87	9.96	5.38
Basic EPS from Cont Ops	-3.75	-1.51	0.13	0.39	0.72	0.71	1.72	2.21	2.77	2.99	2.44	1.49	6.87	9.96	5.38
Diluted Weighted Avg Shares	33	35	46	47	48	48	49	49	49	49	48	48	48	45	39
Diluted EPS, GAAP	-3.75	-1.49	-0.57	0.37	0.69	0.69	1.68	2.15	2.68	2.91	2.4	1.48	6.81	9.9	5.36
Diluted EPS from Cont Ops	-3.75	-1.51	0.11	0.35	0.69	0.69	1.68	2.15	2.68	2.91	2.4	1.48	6.81	9.9	5.36
EBITDA	47	22	54	67	79	84	150	221	245	244	235	243	582	784	499
EBITDA Margin (%)	6.21	3.3	6.09	7.08	7.81	8.1	10.24	11.63	12.31	11.43	10.6	10.17	14.6	14.96	13.18
EBITA	33	7	38	53	66	68	129	192	212	203	177	149	478	647	338
EBIT	33	7	38	53	66	68	129	192	212	203	177	149	478	647	338
Gross Margin (%)	26.9	27.52	28.09	28.34	29.38	30.51	32.08	32.58	32.41	32.6	33.46	33.08	32.87	32.74	32.98
Operating Margin (%)	4.39	1.05	4.24	5.59	6.47	6.55	8.81	10.07	10.68	9.5	7.96	6.24	12	12.34	8.93
Profit Margin (%)	-16.08	-7.76	-2.96	1.8	3.25	3.21	5.6	5.56	6.67	6.64	5.13	2.95	8.22	8.47	5.56
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Depreciation Expense	14	15	16	14	14	16	21	30	32	41	59	94	104	137	161

Balance Sheet	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
Total Current Assets	137	179	212	204	233	283	376	451	474	482	560	534	1,349	1,094	842
+ Cash, Cash Equivalents & STI	27	2	4	6	16	13	10	11	15	14	83	29	181	65	33
+ Cash & Cash Equivalents	27	2	4	6	16	13	10	11	15	14	83	29	181	65	33
+ ST Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	93	148	173	161	169	218	332	392	407	417	431	450	1,029	953	747
+ Accounts Receivable, Net	89	145	169	161	166	215	329	391	392	416	425	450	1,029	944	741
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	4	4	3	- -	3	4	4	- -	16	1	6	- -	- -	9	5
+ Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	17	29	36	37	48	51	34	48	52	51	46	54	139	76	62
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	252	383	323	314	371	398	505	736	780	1,011	1,371	1,820	1,783	1,795	2,083
+ Property, Plant & Equip, Net	20	22	17	15	21	33	50	60	73	90	195	194	155	166	226
+ Property, Plant & Equip	64	74	77	81	84	102	127	145	171	205	328	356	345	393	511
- Accumulated Depreciation	44	52	60	66	63	69	77	85	98	114	133	162	190	228	285
+ LT Investments & Receivables	22	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Investments	22	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	210	361	306	299	350	365	455	676	706	920	1,176	1,626	1,628	1,629	1,857
+ Total Intangible Assets	195	320	267	260	295	307	380	587	568	765	994	1,429	1,407	1,412	1,586
+ Goodwill	80	154	123	123	145	154	205	342	341	439	596	864	892	935	1,112
+ Other Intangible Assets	115	166	144	137	150	153	175	246	227	326	398	565	514	477	474
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	14	41	39	39	55	58	75	89	139	155	182	196	221	217	271
Total Assets	389	562	536	517	604	681	880	1,187	1,254	1,493	1,932	2,354	3,132	2,888	2,924
+ Payables & Accruals	42	39	61	64	61	72	111	164	163	191	203	225	550	565	405
+ Accounts Payable	13	19	42	44	59	64	85	85	73	82	103	107	339	373	177
+ Accrued Taxes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	21	- -	- -
+ Interest & Dividends Payable

AMN Healthcare Services, Inc.

Income Statement

Balance Sheet