BCML FY 2017 Earnings Report — BayCom Corp Revenue & Financial Results | Market Cap Arena

BayCom CorpBCML

FY 2017 Earnings

Reported December 31, 2017

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	$49M	—	$31M	—	57.2%
Op. Income	$14M	—	$10M	—	36.7%
Gross Margin	90.2%	—	88.2%	—	2.0pp
Net Margin	10.8%	—	19.0%	—	-8.3pp
EPS (Diluted)	$0.81	—	$1.09	—	-25.7%
Free Cash Flow	$9M	—	$6M	—	46.8%

Revenue Flow

Item	Amount
REVENUE	$49M
Cost of Revenue	$5M
GROSS PROFIT	$44M
R&D Expenses	$0
Selling & Marketing	$601.0K
General & Administrative	$19M
SG&A Expenses	$19M
Other Expenses	$10M
Operating Expenses	$30M
Cost & Expenses	$35M
OPERATING INCOME	$14M
Interest Income	$44M
Interest Expense	$4M
Other Income/Expenses	$0
INCOME BEFORE TAX	$14M
Income Tax Expense	$9M
Net Income from Continuing Ops	$5M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$5M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$5M
D&A	$2M
EBIT	$14M
EBITDA	$16M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$49M
Cost of Revenue	$5M
GROSS PROFIT	$44M
R&D Expenses	$0
Selling & Marketing	$601.0K
General & Administrative	$19M
SG&A Expenses	$19M
Other Expenses	$10M
Operating Expenses	$30M
Cost & Expenses	$35M
OPERATING INCOME	$14M
Interest Income	$44M
Interest Expense	$4M
Other Income/Expenses	$0
INCOME BEFORE TAX	$14M
Income Tax Expense	$9M
Net Income from Continuing Ops	$5M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$5M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$5M
D&A	$2M
EBIT	$14M
EBITDA	$16M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$5M
Depreciation & Amortization	$2M
Stock-Based Compensation	$423.0K
Deferred Income Tax	$3M
Other Non-Cash Items	-$5M
Change in Working Capital	$4M
OPERATING CASH FLOW	$9M
Capital Expenditure	-$368.0K
Acquisitions (Net)	$85M
Purchases of Investments	-$1M
Sales/Maturities of Investments	$8M
Other Investing Activities	-$689.0K
NET CASH FROM INVESTING	$90M
Net Debt Issuance	-$10M
Common Stock Repurchased	-$24.0K
Common Dividends Paid	$0
Other Financing Activities	$31M
NET CASH FROM FINANCING	$21M
FREE CASH FLOW	$9M
Net Change in Cash	$121M

Balance Sheet

Item	Amount
Cash & Equivalents	$16M
Short-Term Investments	$41M
Net Receivables	$3M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$62M
PP&E (Net)	$8M
Goodwill	$10M
Intangible Assets	$5M
Long-Term Investments	$891M
Tax Assets	$7M
Other Non-Current Assets	$262M
TOTAL NON-CURRENT ASSETS	$1.2B
TOTAL ASSETS	$1.2B
Account Payables	$7M
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$1.1B
TOTAL CURRENT LIABILITIES	$1.1B
Long-Term Debt	$11M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$4M
TOTAL NON-CURRENT LIABILITIES	$15M
TOTAL LIABILITIES	$1.1B
Common Stock	$81M
Additional Paid-In Capital	$287.0K
Retained Earnings	$37M
Treasury Stock	$0
Accum. Other Comp. Income	$213.0K
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$119M
Minority Interest	$0
TOTAL EQUITY	$119M
TOTAL LIABILITIES & EQUITY	$1.2B
Total Debt	$11M
Net Debt	-$5M