Company: GDOT
Filing Date: 2025-03-04
Form Type: 10-K
Source: 0001386278-25-000009
Chunk: 111

Company: GREEN DOT CORP
Filing Date: 2025-03-04
Form: 10-K
Item: Item 8
Chunk 111
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314,278 Settlement obligations48,482 57,001 Amounts due to card issuing banks for overdrawn accounts84 225 Other accrued liabilities87,675 91,239 Operating lease liabilities2,416 3,369 Deferred revenue6,279 6,343 Line of credit— 61,000 Income tax payable6,648 6,262 Total current liabilities4,502,485 3,953,190 Other accrued liabilities1,045 1,895 Operating lease liabilities8,641 2,687 Notes payable48,526 — Total liabilities4,560,697 3,957,772 Commitments and contingencies (Note 21)Stockholders’ equity:  Class A common stock, $0.001 par value; 100,000 shares authorized as of December 31, 2024 and 2023; 54,227 and 52,816 shares issued and outstanding as of December 31, 2024 and 2023, respectively55 53 Additional paid-in capital408,010 375,980 Retained earnings743,602 770,304 Accumulated other comprehensive loss(278,082)(286,987)Total stockholders’ equity873,585 859,350 Total liabilities and stockholders’ equity$5,434,282 $4,817,122 

See notes to consolidated financial statements

59

GREEN DOT CORPORATION

CONSOLIDATED STATEMENTS OF OPERATIONSYear Ended December 31, 202420232022 (In thousands, except per share data)Operating revenues:Card revenues and other fees$1,231,458 $1,007,565 $876,318 Cash processing revenues231,753 225,416 235,445 Interchange revenues198,300 231,003 295,646 Interest income, net62,365 37,344 42,157 Total operating revenues1,723,876 1,501,328 1,449,566 Operating expenses:Sales and marketing expenses217,210 245,325 297,900 Compensation and benefits expenses251,044 238,528 243,939 Processing expenses887,249 639,228 481,460 Other general and administrative expenses370,041 355,577 331,892 Total operating expenses1,725,544 1,478,658