Name | Value |
---|---|
Revenues | 70.6M |
Cost of Revenue | 2.5M |
Gross Profit | 68.1M |
Operating Expense | 16.6M |
Operating I/L | 51.5M |
Other Income/Expense | -29.3M |
Interest Income | 67.6M |
Pretax | 22.2M |
Income Tax Expense | 6.3M |
Net Income/Loss | 14.3M |
Medallion Financial Corp. operates as a finance company in the United States, offering loans for consumer purchases of recreational vehicles, boats, trailers, and home improvements. It also provides commercial loans for businesses, including equipment financing and medallion loans for taxi businesses. Additionally, the company offers debt, mezzanine, and equity investment capital to various industries, along with deposit-raising and banking activities. Its revenue streams primarily come from interest and fees generated from the loans and investments it provides to individuals and small to mid-size businesses.