AUBN FY 2018 Earnings Report — Auburn National Bancorporation, Inc. Revenue & Financial Results | Market Cap Arena

Auburn National Bancorporation, Inc.AUBN

FY 2018 Earnings

Reported March 12, 2019

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2018	Prior Q	FY 2017	QoQ Change	YoY Change
Revenue	$33M	—	$32M	—	3.2%
Op. Income	$11M	—	$11M	—	-4.0%
Gross Margin	88.7%	—	89.6%	—	-0.8pp
Net Margin	27.1%	—	24.9%	—	2.3pp
EPS (Diluted)	$2.42	—	$2.15	—	12.6%
Free Cash Flow	$12M	—	$8M	—	52.9%

Revenue Flow

Item	Amount
REVENUE	$33M
Cost of Revenue	$4M
GROSS PROFIT	$29M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$11M
SG&A Expenses	$11M
Other Expenses	$7M
Operating Expenses	$18M
Cost & Expenses	$22M
OPERATING INCOME	$11M
Interest Income	$29M
Interest Expense	$4M
Other Income/Expenses	$0
INCOME BEFORE TAX	$11M
Income Tax Expense	$2M
Net Income from Continuing Ops	$9M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$9M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$9M
D&A	$938.0K
EBIT	$11M
EBITDA	$12M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$33M
Cost of Revenue	$4M
GROSS PROFIT	$29M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$11M
SG&A Expenses	$11M
Other Expenses	$7M
Operating Expenses	$18M
Cost & Expenses	$22M
OPERATING INCOME	$11M
Interest Income	$29M
Interest Expense	$4M
Other Income/Expenses	$0
INCOME BEFORE TAX	$11M
Income Tax Expense	$2M
Net Income from Continuing Ops	$9M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$9M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$9M
D&A	$938.0K
EBIT	$11M
EBITDA	$12M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$9M
Depreciation & Amortization	$938.0K
Stock-Based Compensation	$0
Deferred Income Tax	$71.0K
Other Non-Cash Items	$3M
Change in Working Capital	-$1M
OPERATING CASH FLOW	$12M
Capital Expenditure	-$240.0K
Acquisitions (Net)	$0
Purchases of Investments	-$20M
Sales/Maturities of Investments	$31M
Other Investing Activities	-$23M
NET CASH FROM INVESTING	-$12M
Net Debt Issuance	-$3M
Common Stock Repurchased	$0
Common Dividends Paid	-$3M
Other Financing Activities	-$34M
NET CASH FROM FINANCING	-$41M
FREE CASH FLOW	$12M
Net Change in Cash	-$40M

Balance Sheet

Item	Amount
Cash & Equivalents	$38M
Short-Term Investments	$240M
Net Receivables	$0
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$278M
PP&E (Net)	$14M
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$473M
Tax Assets	$0
Other Non-Current Assets	$54M
TOTAL NON-CURRENT ASSETS	$540M
TOTAL ASSETS	$818M
Account Payables	$0
Short-Term Debt	$2M
Deferred Revenue	$0
Other Current Liabilities	$724M
TOTAL CURRENT LIABILITIES	$729M
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$0
TOTAL NON-CURRENT LIABILITIES	$0
TOTAL LIABILITIES	$729M
Common Stock	$39.0K
Additional Paid-In Capital	$4M
Retained Earnings	$96M
Treasury Stock	-$7M
Accum. Other Comp. Income	-$4M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$89M
Minority Interest	$0
TOTAL EQUITY	$89M
TOTAL LIABILITIES & EQUITY	$818M
Total Debt	$2M
Net Debt	-$36M