ACNB FY 2021 Earnings Report — ACNB Corporation Revenue & Financial Results | Market Cap Arena

ACNB CorporationACNB

FY 2021 Earnings

Reported March 14, 2022

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2021	Prior Q	FY 2020	QoQ Change	YoY Change
Revenue	$101M	—	$105M	—	-4.2%
Op. Income	$35M	—	$23M	—	54.3%
Gross Margin	93.1%	—	79.7%	—	13.4pp
Net Margin	27.6%	—	17.5%	—	10.1pp
EPS (Diluted)	$3.19	—	$2.13	—	49.8%
Free Cash Flow	$41M	—	$24M	—	66.0%

Revenue Flow

Item	Amount
REVENUE	$101M
Cost of Revenue	$7M
GROSS PROFIT	$94M
R&D Expenses	$0
Selling & Marketing	$287.0K
General & Administrative	$38M
SG&A Expenses	$38M
Other Expenses	$21M
Operating Expenses	$59M
Cost & Expenses	$66M
OPERATING INCOME	$35M
Interest Income	$78M
Interest Expense	$7M
Other Income/Expenses	$0
INCOME BEFORE TAX	$35M
Income Tax Expense	$7M
Net Income from Continuing Ops	$28M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$28M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$28M
D&A	$3M
EBIT	$35M
EBITDA	$38M
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$101M
Cost of Revenue	$7M
GROSS PROFIT	$94M
R&D Expenses	$0
Selling & Marketing	$287.0K
General & Administrative	$38M
SG&A Expenses	$38M
Other Expenses	$21M
Operating Expenses	$59M
Cost & Expenses	$66M
OPERATING INCOME	$35M
Interest Income	$78M
Interest Expense	$7M
Other Income/Expenses	$0
INCOME BEFORE TAX	$35M
Income Tax Expense	$7M
Net Income from Continuing Ops	$28M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$28M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$28M
D&A	$3M
EBIT	$35M
EBITDA	$38M
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$28M
Depreciation & Amortization	$3M
Stock-Based Compensation	$362.0K
Deferred Income Tax	$0
Other Non-Cash Items	$9M
Change in Working Capital	$2M
OPERATING CASH FLOW	$42M
Capital Expenditure	-$2M
Acquisitions (Net)	$0
Purchases of Investments	-$217M
Sales/Maturities of Investments	$109M
Other Investing Activities	$170M
NET CASH FROM INVESTING	$61M
Net Debt Issuance	-$22M
Common Stock Repurchased	-$2M
Common Dividends Paid	-$9M
Other Financing Activities	$241M
NET CASH FROM FINANCING	$208M
FREE CASH FLOW	$41M
Net Change in Cash	$311M

Balance Sheet

Item	Amount
Cash & Equivalents	$710M
Short-Term Investments	$437M
Net Receivables	$0
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$1.1B
PP&E (Net)	$34M
Goodwill	$42M
Intangible Assets	$6M
Long-Term Investments	$1.5B
Tax Assets	$0
Other Non-Current Assets	$94M
TOTAL NON-CURRENT ASSETS	$1.6B
TOTAL ASSETS	$2.8B
Account Payables	$0
Short-Term Debt	$35M
Deferred Revenue	$0
Other Current Liabilities	$2.4B
TOTAL CURRENT LIABILITIES	$2.5B
Long-Term Debt	$35M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$15M
TOTAL NON-CURRENT LIABILITIES	$53M
TOTAL LIABILITIES	$2.5B
Common Stock	$22M
Additional Paid-In Capital	$95M
Retained Earnings	$167M
Treasury Stock	-$2M
Accum. Other Comp. Income	-$10M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$272M
Minority Interest	$0
TOTAL EQUITY	$272M
TOTAL LIABILITIES & EQUITY	$2.8B
Total Debt	$73M
Net Debt	-$637M