Annual report pursuant to Section 13 and 15(d)

Investments (Tables)

v3.22.4
Investments (Tables)
12 Months Ended
Dec. 31, 2022
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of Equity Method Investments
Summarized combined financial information for these investments is as follows (amounts represent 100% of investee financial information, except Envestnets proportional share of losses):

December 31,
 Balance Sheets 2022 2021
(in thousands)
Current assets $ 42,059  $ 40,333 
Non-current assets 50,703  33,529 
Current liabilities 17,647  20,018 
Non-current liabilities 9,437  1,583 
Year Ended December 31,
 Statements of Operations 2022 2021 2020
(in thousands)
Revenues $ 79,062  $ 65,085  $ 35,603 
Loss from operations (8,896) (149) (4,758)
Net loss (7,124) (134) (5,062)
Envestnet’s proportional share of gains (losses) (1)
643  (7,093) (5,399)
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(1) The year ended December 31, 2022 includes a $9.5 million dilution gain on equity method investee share issuance.