ACNB FY 2017 Earnings Report — ACNB Corporation Revenue & Financial Results | Market Cap Arena

ACNB CorporationACNB

FY 2017 Earnings

Reported March 9, 2018

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2017	Prior Q	FY 2016	QoQ Change	YoY Change
Revenue	$66M	—	$53M	—	23.8%
Op. Income	$16M	—	$15M	—	12.2%
Gross Margin	91.8%	—	92.6%	—	-0.9pp
Net Margin	14.8%	—	20.4%	—	-5.6pp
EPS (Diluted)	$1.50	—	$1.80	—	-16.7%
Free Cash Flow	$15M	—	$10M	—	56.0%

Revenue Flow

Item	Amount
REVENUE	$66M
Cost of Revenue	$5M
GROSS PROFIT	$61M
R&D Expenses	$0
Selling & Marketing	$433.0K
General & Administrative	$26M
SG&A Expenses	$26M
Other Expenses	$18M
Operating Expenses	$44M
Cost & Expenses	$50M
OPERATING INCOME	$16M
Interest Income	$52M
Interest Expense	$5M
Other Income/Expenses	$0
INCOME BEFORE TAX	$16M
Income Tax Expense	$7M
Net Income from Continuing Ops	$10M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$10M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$10M
D&A	$2M
EBIT	$16M
EBITDA	$19M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$66M
Cost of Revenue	$5M
GROSS PROFIT	$61M
R&D Expenses	$0
Selling & Marketing	$433.0K
General & Administrative	$26M
SG&A Expenses	$26M
Other Expenses	$18M
Operating Expenses	$44M
Cost & Expenses	$50M
OPERATING INCOME	$16M
Interest Income	$52M
Interest Expense	$5M
Other Income/Expenses	$0
INCOME BEFORE TAX	$16M
Income Tax Expense	$7M
Net Income from Continuing Ops	$10M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$10M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$10M
D&A	$2M
EBIT	$16M
EBITDA	$19M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$10M
Depreciation & Amortization	$2M
Stock-Based Compensation	$133.0K
Deferred Income Tax	$2M
Other Non-Cash Items	-$2M
Change in Working Capital	$5M
OPERATING CASH FLOW	$17M
Capital Expenditure	-$2M
Acquisitions (Net)	$6M
Purchases of Investments	-$30M
Sales/Maturities of Investments	$45M
Other Investing Activities	-$72M
NET CASH FROM INVESTING	-$52M
Net Debt Issuance	$18M
Common Stock Repurchased	$0
Common Dividends Paid	-$5M
Other Financing Activities	$38M
NET CASH FROM FINANCING	$50M
FREE CASH FLOW	$15M
Net Change in Cash	$16M

Balance Sheet

Item	Amount
Cash & Equivalents	$34M
Short-Term Investments	$157M
Net Receivables	$0
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$193M
PP&E (Net)	$27M
Goodwill	$20M
Intangible Assets	$3M
Long-Term Investments	$1.3B
Tax Assets	$0
Other Non-Current Assets	$73M
TOTAL NON-CURRENT ASSETS	$1.4B
TOTAL ASSETS	$1.6B
Account Payables	$0
Short-Term Debt	$37M
Deferred Revenue	$0
Other Current Liabilities	$1.3B
TOTAL CURRENT LIABILITIES	$1.3B
Long-Term Debt	$95M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$11M
TOTAL NON-CURRENT LIABILITIES	$106M
TOTAL LIABILITIES	$1.4B
Common Stock	$18M
Additional Paid-In Capital	$38M
Retained Earnings	$106M
Treasury Stock	-$728.0K
Accum. Other Comp. Income	-$7M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$154M
Minority Interest	$0
TOTAL EQUITY	$154M
TOTAL LIABILITIES & EQUITY	$1.6B
Total Debt	$132M
Net Debt	$97M