BAFN FY 1994 Earnings Report — BayFirst Financial Corp. Revenue & Financial Results | Market Cap Arena

BayFirst Financial Corp.BAFN

FY 1994 Earnings

Reported December 31, 1994

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 1994	Prior Q	FY 1993	QoQ Change	YoY Change
Revenue	$4M	—	—	—	—
Op. Income	$7M	—	—	—	—
Gross Margin	34.3%	—	—	—	—
Net Margin	120.0%	—	—	—	—
EPS (Diluted)	$0.52	—	—	—	—
Free Cash Flow	$16M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$4M
Cost of Revenue	$2M
GROSS PROFIT	$1M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$3M
SG&A Expenses	$3M
Other Expenses	-$9M
Operating Expenses	-$6M
Cost & Expenses	-$3M
OPERATING INCOME	$7M
Interest Income	$24M
Interest Expense	$3M
Other Income/Expenses	$0
INCOME BEFORE TAX	$7M
Income Tax Expense	$3M
Net Income from Continuing Ops	$4M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$4M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$4M
D&A	$0
EBIT	$7M
EBITDA	$7M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$4M
Cost of Revenue	$2M
GROSS PROFIT	$1M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$3M
SG&A Expenses	$3M
Other Expenses	-$9M
Operating Expenses	-$6M
Cost & Expenses	-$3M
OPERATING INCOME	$7M
Interest Income	$24M
Interest Expense	$3M
Other Income/Expenses	$0
INCOME BEFORE TAX	$7M
Income Tax Expense	$3M
Net Income from Continuing Ops	$4M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$4M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$4M
D&A	$0
EBIT	$7M
EBITDA	$7M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$4M
Depreciation & Amortization	$0
Stock-Based Compensation	$0
Deferred Income Tax	$400.0K
Other Non-Cash Items	$12M
Change in Working Capital	$0
OPERATING CASH FLOW	$16M
Capital Expenditure	-$200.0K
Acquisitions (Net)	$0
Purchases of Investments	-$49M
Sales/Maturities of Investments	$29M
Other Investing Activities	-$31M
NET CASH FROM INVESTING	-$52M
Net Debt Issuance	$25M
Common Stock Repurchased	$0
Common Dividends Paid	-$900.0K
Other Financing Activities	$12M
NET CASH FROM FINANCING	$36M
FREE CASH FLOW	$16M
Net Change in Cash	-$5M

Balance Sheet

Item	Amount
Cash & Equivalents	$6M
Short-Term Investments	$129M
Net Receivables	$3M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$131M
PP&E (Net)	$2M
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$240M
Tax Assets	$0
Other Non-Current Assets	$15M
TOTAL NON-CURRENT ASSETS	$257M
TOTAL ASSETS	$389M
Account Payables	$400.0K
Short-Term Debt	$87M
Deferred Revenue	$0
Other Current Liabilities	$239M
TOTAL CURRENT LIABILITIES	$327M
Long-Term Debt	$36M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$2M
TOTAL NON-CURRENT LIABILITIES	$38M
TOTAL LIABILITIES	$366M
Common Stock	$0
Additional Paid-In Capital	$0
Retained Earnings	$18M
Treasury Stock	$0
Accum. Other Comp. Income	$0
Other Equity	$6M
TOTAL STOCKHOLDERS' EQUITY	$23M
Minority Interest	$0
TOTAL EQUITY	$23M
TOTAL LIABILITIES & EQUITY	$389M
Total Debt	$124M
Net Debt	$118M