AUBN FY 2017 Earnings Report — Auburn National Bancorporation, Inc. Revenue & Financial Results | Market Cap Arena

Auburn National Bancorporation, Inc.AUBN

FY 2017 Earnings

Reported March 13, 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	$32M	—	$30M	—	4.5%
Op. Income	$11M	—	$11M	—	2.1%
Gross Margin	89.6%	—	88.1%	—	1.5pp
Net Margin	24.9%	—	27.0%	—	-2.1pp
EPS (Diluted)	$2.15	—	$2.24	—	-4.0%
Free Cash Flow	$8M	—	$9M	—	-16.1%

Revenue Flow

Item	Amount
REVENUE	$32M
Cost of Revenue	$3M
GROSS PROFIT	$28M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$10M
SG&A Expenses	$10M
Other Expenses	$6M
Operating Expenses	$17M
Cost & Expenses	$20M
OPERATING INCOME	$11M
Interest Income	$28M
Interest Expense	$4M
Other Income/Expenses	$0
INCOME BEFORE TAX	$11M
Income Tax Expense	$4M
Net Income from Continuing Ops	$8M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$8M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$8M
D&A	$1M
EBIT	$11M
EBITDA	$12M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$32M
Cost of Revenue	$3M
GROSS PROFIT	$28M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$10M
SG&A Expenses	$10M
Other Expenses	$6M
Operating Expenses	$17M
Cost & Expenses	$20M
OPERATING INCOME	$11M
Interest Income	$28M
Interest Expense	$4M
Other Income/Expenses	$0
INCOME BEFORE TAX	$11M
Income Tax Expense	$4M
Net Income from Continuing Ops	$8M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$8M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$8M
D&A	$1M
EBIT	$11M
EBITDA	$12M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$8M
Depreciation & Amortization	$1M
Stock-Based Compensation	$0
Deferred Income Tax	$356.0K
Other Non-Cash Items	$1M
Change in Working Capital	-$945.0K
OPERATING CASH FLOW	$9M
Capital Expenditure	-$2M
Acquisitions (Net)	$0
Purchases of Investments	-$59M
Sales/Maturities of Investments	$43M
Other Investing Activities	-$22M
NET CASH FROM INVESTING	-$40M
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	-$3M
Other Financing Activities	$18M
NET CASH FROM FINANCING	$14M
FREE CASH FLOW	$8M
Net Change in Cash	-$16M

Balance Sheet

Item	Amount
Cash & Equivalents	$64M
Short-Term Investments	$258M
Net Receivables	$0
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$322M
PP&E (Net)	$14M
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$451M
Tax Assets	$0
Other Non-Current Assets	$67M
TOTAL NON-CURRENT ASSETS	$532M
TOTAL ASSETS	$853M
Account Payables	$0
Short-Term Debt	$3M
Deferred Revenue	$0
Other Current Liabilities	$758M
TOTAL CURRENT LIABILITIES	$763M
Long-Term Debt	$3M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$0
TOTAL NON-CURRENT LIABILITIES	$3M
TOTAL LIABILITIES	$766M
Common Stock	$39.0K
Additional Paid-In Capital	$4M
Retained Earnings	$90M
Treasury Stock	-$7M
Accum. Other Comp. Income	-$566.0K
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$87M
Minority Interest	$0
TOTAL EQUITY	$87M
TOTAL LIABILITIES & EQUITY	$853M
Total Debt	$6M
Net Debt	-$58M