BFST FY 2017 Earnings Report — Business First Bancshares, Inc. Revenue & Financial Results | Market Cap Arena

Business First Bancshares, Inc.BFST

FY 2017 Earnings

Reported March 21, 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	$57M	—	$49M	—	17.2%
Op. Income	$9M	—	$7M	—	33.1%
Gross Margin	80.0%	—	85.6%	—	-5.6pp
Net Margin	8.5%	—	10.5%	—	-2.0pp
EPS (Diluted)	$0.70	—	$0.74	—	-5.4%
Free Cash Flow	$7M	—	$7M	—	10.4%

Revenue Flow

Item	Amount
REVENUE	$57M
Cost of Revenue	$11M
GROSS PROFIT	$46M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$25M
SG&A Expenses	$25M
Other Expenses	$12M
Operating Expenses	$37M
Cost & Expenses	$48M
OPERATING INCOME	$9M
Interest Income	$52M
Interest Expense	$7M
Other Income/Expenses	$0
INCOME BEFORE TAX	$9M
Income Tax Expense	$4M
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	$1M
EBIT	$9M
EBITDA	$10M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$57M
Cost of Revenue	$11M
GROSS PROFIT	$46M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$25M
SG&A Expenses	$25M
Other Expenses	$12M
Operating Expenses	$37M
Cost & Expenses	$48M
OPERATING INCOME	$9M
Interest Income	$52M
Interest Expense	$7M
Other Income/Expenses	$0
INCOME BEFORE TAX	$9M
Income Tax Expense	$4M
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	$1M
EBIT	$9M
EBITDA	$10M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$5M
Depreciation & Amortization	$1M
Stock-Based Compensation	-$59.0K
Deferred Income Tax	$3M
Other Non-Cash Items	$827.0K
Change in Working Capital	-$2M
OPERATING CASH FLOW	$8M
Capital Expenditure	-$505.0K
Acquisitions (Net)	$0
Purchases of Investments	-$11M
Sales/Maturities of Investments	$28M
Other Investing Activities	-$170M
NET CASH FROM INVESTING	-$153M
Net Debt Issuance	$28M
Common Stock Repurchased	-$33.0K
Common Dividends Paid	-$2M
Other Financing Activities	$122M
NET CASH FROM FINANCING	$211M
FREE CASH FLOW	$7M
Net Change in Cash	$65M

Balance Sheet

Item	Amount
Cash & Equivalents	$108M
Short-Term Investments	$179M
Net Receivables	$4M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$291M
PP&E (Net)	$9M
Goodwill	$7M
Intangible Assets	$2M
Long-Term Investments	$975M
Tax Assets	$3M
Other Non-Current Assets	$34M
TOTAL NON-CURRENT ASSETS	$1.0B
TOTAL ASSETS	$1.3B
Account Payables	$890.0K
Short-Term Debt	$3M
Deferred Revenue	$0
Other Current Liabilities	$1.1B
TOTAL CURRENT LIABILITIES	$1.1B
Long-Term Debt	$78M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$4M
TOTAL NON-CURRENT LIABILITIES	$82M
TOTAL LIABILITIES	$1.1B
Common Stock	$10M
Additional Paid-In Capital	$144M
Retained Earnings	$27M
Treasury Stock	$0
Accum. Other Comp. Income	-$2M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$180M
Minority Interest	$0
TOTAL EQUITY	$180M
TOTAL LIABILITIES & EQUITY	$1.3B
Total Debt	$81M
Net Debt	-$27M