Business Model Credo Technology Group Holding Ltd generates revenue primarily through product sales (ICs, AECs, SerDes Chiplets), product engineering services, and IP licensing. Revenue Sources * Product Sales: $129.371 million in Q3 2025 (Exhibit 99.1) * Product Engineering Services: $2.667 million in Q3 2025 (Exhibit 99.1) * IP License:
Business Model Best Buy generates revenue through the sale of consumer electronics, computing and mobile phones, appliances, entertainment products, and services through its stores and online channels. Revenue Sources * Domestic segment: Sales in the U.S. * International segment: Sales in Canada Revenue Distribution by Channel * Domestic online revenue was 39.
Business Model VICI Properties generates revenue primarily through long-term triple-net lease agreements with tenants in the gaming, hospitality, wellness, entertainment, and leisure industries. They also generate revenue from real estate debt investments and operation of golf courses. Revenue Sources * Leasing revenue from triple-net lease agreements (majority of revenue) * Real estate
Business Model JLL generates revenue through a range of commercial real estate and investment management services, catering to real estate owners, occupiers, investors, and developers. Revenue Sources * Leasing services, including agency leasing and tenant representation. * Property Management services for various property types. * Capital Markets services, such as investment sales, debt/
Business Model Liberty Global generates revenue through its three platforms: Liberty Telecom, Liberty Growth, and Liberty Services. Liberty Telecom derives revenue from broadband, video, and mobile communications services. Liberty Growth focuses on investments, while Liberty Services delivers technology and finance services. Revenue Sources * Liberty Telecom: Broadband, video, and mobile communications
Business Model XP Inc. generates revenue primarily through brokerage commissions, securities placement, management fees, insurance brokerage fees, commission fees from credit cards, and other financial services. The company offers a wide range of financial products and services to individual and corporate clients, including securities brokerage, investment advisory, wealth management, insurance
Business Model CoStar Group generates revenue primarily through subscription-based services in commercial real estate information, analytics, and online marketplaces. Revenue Sources * CoStar Suite: Subscription-based commercial real estate information and analytics services. * Multifamily (Apartments.com): Online marketplace for apartment rentals. * LoopNet: Commercial real estate marketplace for property listings. * Residential (Homes.com)
Business Model Federal Realty Investment Trust (FRT) generates revenue primarily through lease agreements with tenants in their retail and mixed-use properties. Revenue streams include minimum rents, percentage rents based on tenant sales, and reimbursements for operating expenses and real estate taxes. Revenue Sources * Rental income from commercial and residential tenants.
Business Model Republic Services generates revenue through providing environmental services, including collection and processing of recyclable materials, the collection, treatment, consolidation, transfer and disposal of hazardous and non-hazardous waste, and other environmental solutions. It derives revenue from residential, small-container, and large-container collection services, transfer stations, recycling centers, and landfill services.
Business Model Moderna generates revenue primarily through the sale of its mRNA-based vaccines, including Spikevax (COVID-19 vaccine) and mRESVIA (RSV vaccine). Revenue also includes grant, collaboration, licensing, and royalty revenue. Revenue Sources * Spikevax (COVID-19 vaccine) sales * mRESVIA (RSV vaccine) sales * Grant, collaboration, licensing, and royalty revenue Income Statement Analysis * Total
Business Model Duke Energy generates revenue primarily through its regulated electric and gas utilities operations, serving approximately 8.6 million electric customers and 1.7 million gas customers across six states in the U.S. Revenue Sources * Regulated electric utilities serving residential, commercial, industrial, and wholesale customers. * Regulated natural gas
Business Model Digital Realty generates revenue by providing data center, colocation, and interconnection solutions to customers across the globe. The company's revenues come from rental income, tenant reimbursements, interconnection services, and fee income. Revenue Sources * Rental revenues from leasing data center space to customers * Tenant reimbursements for utilities
Business Model Airbnb generates revenue primarily through service fees charged to both hosts and guests for facilitating stays and experiences on its platform. Revenue Sources * Service fees from stays: Percentage of booking value charged to guests and hosts. * Service fees from experiences: Host fees charged for experience bookings. * Other monetization
Business Model Barrick Gold Corporation generates revenue primarily through the production and sale of gold and copper from its mining operations across North America, Latin America, Africa, and the Middle East. Revenue Sources * Gold sales: Major source of revenue, contributing significantly to total revenues. * Copper sales: Secondary source of revenue
Business Model MGM Resorts International generates revenue primarily through its integrated resort operations, which include casino gaming, hotel rooms, food and beverage offerings, entertainment, retail, and other services. The company operates properties on the Las Vegas Strip, in regional markets across the United States, and in Macau through MGM China.
Business Model CVS Health generates revenue through its four segments: Health Care Benefits (premiums, services, net investment income), Health Services (pharmacy benefit management solutions, health care services), Pharmacy & Consumer Wellness (prescription dispensing, retail sales), and Corporate/Other (management and administrative services). Revenue Sources * Health Care Benefits: Premiums from insured
Business Model Robinhood generates revenue primarily through transaction-based revenues, net interest revenues, and other revenues including subscription fees from Robinhood Gold. Revenue Sources * Transaction-based revenues from cryptocurrencies, options, and equities trading * Net interest revenues from interest earned on customers' cash and securities, margin interest, and securities lending * Other revenues,
Business Model Cincinnati Financial Corporation generates revenue primarily through property casualty insurance premiums, life insurance premiums, and investment income. Revenue Sources * Property casualty insurance premiums: Earned premiums from commercial lines, personal lines, and excess & surplus lines. * Life insurance premiums: Earned premiums from term life, whole life, and universal life
Business Model Apollo Commercial Real Estate Finance, Inc. (ARI) primarily generates revenue through interest income from commercial mortgage loans, subordinate financings, and other commercial real estate-related debt investments. Revenue Sources * Interest income from commercial first mortgage loans * Interest income from subordinate financings and other commercial real estate-related debt investments * Revenue
Business Model PennantPark Floating Rate Capital (PFLT) generates revenue primarily through interest income on its debt investments, particularly first lien secured debt, second lien secured debt, and subordinated debt. It also receives income from equity investments. Revenue Sources * Interest income from first lien secured debt, which constitutes the majority of
Business Model Carlyle generates revenue primarily through fund management fees, incentive fees, and investment income across its three business segments: Global Private Equity, Global Credit, and Global Investment Solutions. Revenue Sources * Fund management fees: Recurring fees based on AUM. * Incentive fees (carried interest): Share of profits from successful investments in
Business Model Exelixis generates revenue primarily through the sales of its cabozantinib franchise, including CABOMETYX and COMETRIQ, and through collaboration agreements with partners like Ipsen and Takeda for royalties on cabozantinib sales outside the U.S. Revenue Sources * CABOMETYX net product revenues in the U.S. * COMETRIQ net product revenues
Business Model ORIX Corporation generates revenue through a diversified portfolio of businesses, including finance, operations, and investments across various segments such as corporate financial services, real estate, PE investment, environment & energy, insurance, banking & credit, aircraft & ships, and operations in the USA, Europe, Asia, and Australia. Revenue Sources
Business Model Roivant generates revenue primarily through collaborations, licensing agreements, and product sales from its various Vant subsidiaries. Revenue Sources * Revenue, net was $9.0 million for the three months ended December 31, 2024. * Revenue, net was $21.5 million for the nine months ended December 31, 2024. Income Statement
Business Model Suncor Energy is an integrated energy company with operations spanning oil sands development, production, and upgrading; offshore oil production; petroleum refining; and retail and wholesale distribution networks. Revenue Sources * Revenues are generated from the sale of upgraded synthetic crude oil, non-upgraded bitumen, refined petroleum products, and byproducts. Revenue
