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Apr 01, 2023
Winmark Q1 2023 Earnings Report
Winmark's net income decreased compared to the same quarter last year, impacted by the decision to run-off its leasing portfolio.
Key Takeaways
Winmark Corporation reported a net income of $8,942,700, or $2.49 per share diluted, for the quarter ended April 1, 2023. This compares to a net income of $9,852,500, or $2.65 per share diluted, for the same period in 2022. The company's results were affected by the decision in May 2021 to run-off its leasing portfolio.
Net income for the quarter was $8,942,700, or $2.49 per share diluted.
This is a decrease compared to net income of $9,852,500, or $2.65 per share diluted, in the same quarter of 2022.
The decision to run-off its leasing portfolio impacted the results.
There were 1,297 franchises in operation as of April 1, 2023.
Winmark
Winmark
Winmark Revenue by Segment
Revenue by Segment
Deposit related fees Revenue
CapyFin.comLoan related fees Revenue
CapyFin.comRevenue & Expenses
Visualization of income flow from segment revenue to net income