Higher One Holdings, Inc.

Delisted

CIK 1486800fmd_1N75E3YJ5Q3XQ0RXGZ4S31X3KYServices · Services-Business Services, NECTemplate: Standard

Coverage: Jan 01, 2009 to Jun 30, 2016, 26 periods

Income Statement · Annual · Millions · USD
Line item	FY2009	FY2010	FY2011	FY2012	FY2013	FY2014	FY2015
Total revenues	78	145	176	198	200	206	158
Cost of revenue	27	52	68	80	87	101	100
Gross profit	51	93	109	117	113	105	58
Research and development	(2)	3	3	5	6	6	7
Selling, general and administrative	(26)	49	58	59	70	77	80
Total operating expenses	28	52	61	58	93	83	93
Operating income	23	41	48	59	19	22	(35)
Interest expense	1	1	0	1	2	3	6
Interest and investment income	0	0	0	0	0	0	0
Other non-operating income (expense)	0	0	2	0	1	1	1
Income before taxes	22	41	49	59	18	20	(39)
Income tax expense	8	15	17	22	7	8	(13)
Net income from continuing operations	14	25	32	37	11	12	(26)
Net income	14	25	32	37	14	15	11
Net income to common shareholders	3	16	32	37	14	15	–