Winmark Corporation reported a decrease in net income for Q4 2022, with $10,176,600 compared to $11,589,000 for the same period last year. However, the company's full-year revenue increased to $81,410,800 from $78,216,200 in 2021.
Q4 2022 net income was $10,176,600, or $2.86 per share diluted.
Full year 2022 net income was $39,424,900, or $10.97 per share diluted.
Full year 2022 revenue increased to $81,410,800.
The company had 1,295 franchises in operation as of December 31, 2022.
This press release contains forward-looking statements within the meaning of the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), relating to future events or the future financial performance of the Company.
Visualization of income flow from segment revenue to net income