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For the nine months ended 30 September 2021, GWG Holdings Inc revenues decreased 69% to $37.3M. Net loss applicable to common stockholders increased 41% to $169.8M. Revenues reflect Investment in Beneficient segment decrease of 76% to $18.2M, Secondary Life Insurance segment decrease of 58% to $19M. Higher net loss reflects Interest expense increase of 13% to $128.6M (expense), Other expenses increase of 72% to $23.1M (expense).
Period Ending: | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 |
---|---|---|---|---|
Total Revenue | 33.79 | -4.29 | 7.76 | -6.49 |
Gross Profit | ||||
Operating Income | 2.61 | -30.82 | -22.4 | -40.23 |
Net Income | -48.09 | -62.1 | -51.24 | -29.48 |
Period Ending: | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 |
---|---|---|---|---|
Total Assets | 3490.2 | 3504.44 | 3545.77 | 3564.96 |
Total Liabilities | 3605.9 | 3546.89 | 3503.12 | 3452.59 |
Total Equity | -115.7 | -42.45 | 42.65 | 112.37 |
Period Ending: | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 |
---|---|---|---|---|
Period Length: | 9 Months | 6 Months | 3 Months | 12 Months |
Cash From Operating Activities | -176.29 | -120.73 | -65.8 | -182.4 |
Cash From Investing Activities | 39.97 | 26.98 | 11.63 | 18.01 |
Cash From Financing Activities | 79.88 | 61.04 | 44.16 | 172.76 |
Net Change in Cash | -56.44 | -32.71 | -10.01 | 8.37 |
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