AUBN FY 2014 Earnings Report — Auburn National Bancorporation, Inc. Revenue & Financial Results | Market Cap Arena

Auburn National Bancorporation, Inc.AUBN

FY 2014 Earnings

Reported March 24, 2015

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2014	Prior Q	FY 2013	QoQ Change	YoY Change
Revenue	$31M	—	$34M	—	-8.9%
Op. Income	$10M	—	$9M	—	8.8%
Gross Margin	82.4%	—	79.4%	—	3.0pp
Net Margin	24.2%	—	21.1%	—	3.1pp
EPS (Diluted)	$2.04	—	$1.95	—	4.6%
Free Cash Flow	$10M	—	$13M	—	-26.2%

Revenue Flow

Item	Amount
REVENUE	$31M
Cost of Revenue	$5M
GROSS PROFIT	$25M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$9M
SG&A Expenses	$9M
Other Expenses	$6M
Operating Expenses	$15M
Cost & Expenses	$21M
OPERATING INCOME	$10M
Interest Income	$27M
Interest Expense	$5M
Other Income/Expenses	$0
INCOME BEFORE TAX	$10M
Income Tax Expense	$3M
Net Income from Continuing Ops	$7M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$7M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$7M
D&A	$780.0K
EBIT	$10M
EBITDA	$11M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$31M
Cost of Revenue	$5M
GROSS PROFIT	$25M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$9M
SG&A Expenses	$9M
Other Expenses	$6M
Operating Expenses	$15M
Cost & Expenses	$21M
OPERATING INCOME	$10M
Interest Income	$27M
Interest Expense	$5M
Other Income/Expenses	$0
INCOME BEFORE TAX	$10M
Income Tax Expense	$3M
Net Income from Continuing Ops	$7M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$7M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$7M
D&A	$780.0K
EBIT	$10M
EBITDA	$11M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$7M
Depreciation & Amortization	$780.0K
Stock-Based Compensation	$0
Deferred Income Tax	$786.0K
Other Non-Cash Items	$2M
Change in Working Capital	-$10.0K
OPERATING CASH FLOW	$11M
Capital Expenditure	-$744.0K
Acquisitions (Net)	$0
Purchases of Investments	-$78M
Sales/Maturities of Investments	$91M
Other Investing Activities	-$16M
NET CASH FROM INVESTING	-$4M
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	-$3M
Other Financing Activities	$26M
NET CASH FROM FINANCING	$23M
FREE CASH FLOW	$10M
Net Change in Cash	$29M

Balance Sheet

Item	Amount
Cash & Equivalents	$15M
Short-Term Investments	$268M
Net Receivables	$0
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$283M
PP&E (Net)	$11M
Goodwill	$0
Intangible Assets	$2M
Long-Term Investments	$400M
Tax Assets	$0
Other Non-Current Assets	$93M
TOTAL NON-CURRENT ASSETS	$507M
TOTAL ASSETS	$789M
Account Payables	$0
Short-Term Debt	$5M
Deferred Revenue	$0
Other Current Liabilities	$693M
TOTAL CURRENT LIABILITIES	$701M
Long-Term Debt	$12M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$0
TOTAL NON-CURRENT LIABILITIES	$12M
TOTAL LIABILITIES	$713M
Common Stock	$39.0K
Additional Paid-In Capital	$4M
Retained Earnings	$76M
Treasury Stock	-$7M
Accum. Other Comp. Income	$2M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$76M
Minority Interest	$0
TOTAL EQUITY	$76M
TOTAL LIABILITIES & EQUITY	$789M
Total Debt	$17M
Net Debt	$2M