BOTJ FY 2021 Earnings Report — Bank of the James Financial Group, Inc. Revenue & Financial Results | Market Cap Arena

Bank of the James Financial Group, Inc.BOTJ

FY 2021 Earnings

Reported March 29, 2022

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2021	Prior Q	FY 2020	QoQ Change	YoY Change
Revenue	$39M	—	$40M	—	-0.7%
Op. Income	$9M	—	$6M	—	53.0%
Gross Margin	95.9%	—	82.1%	—	13.8pp
Net Margin	19.3%	—	12.6%	—	6.7pp
EPS (Diluted)	$1.60	—	$1.04	—	53.8%
Free Cash Flow	$13M	—	$3M	—	289.8%

Revenue Flow

Item	Amount
REVENUE	$39M
Cost of Revenue	$2M
GROSS PROFIT	$38M
R&D Expenses	$0
Selling & Marketing	$934.0K
General & Administrative	$17M
SG&A Expenses	$18M
Other Expenses	$10M
Operating Expenses	$28M
Cost & Expenses	$30M
OPERATING INCOME	$9M
Interest Income	$29M
Interest Expense	$2M
Other Income/Expenses	$0
INCOME BEFORE TAX	$9M
Income Tax Expense	$2M
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	$2M
EBIT	$9M
EBITDA	$12M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$39M
Cost of Revenue	$2M
GROSS PROFIT	$38M
R&D Expenses	$0
Selling & Marketing	$934.0K
General & Administrative	$17M
SG&A Expenses	$18M
Other Expenses	$10M
Operating Expenses	$28M
Cost & Expenses	$30M
OPERATING INCOME	$9M
Interest Income	$29M
Interest Expense	$2M
Other Income/Expenses	$0
INCOME BEFORE TAX	$9M
Income Tax Expense	$2M
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	$2M
EBIT	$9M
EBITDA	$12M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$8M
Depreciation & Amortization	$2M
Stock-Based Compensation	$106.0K
Deferred Income Tax	$114.0K
Other Non-Cash Items	$6M
Change in Working Capital	$900.0K
OPERATING CASH FLOW	$16M
Capital Expenditure	-$3M
Acquisitions (Net)	-$10M
Purchases of Investments	-$85M
Sales/Maturities of Investments	$8M
Other Investing Activities	$24M
NET CASH FROM INVESTING	-$65M
Net Debt Issuance	$11M
Common Stock Repurchased	-$427.0K
Common Dividends Paid	-$1M
Other Financing Activities	$122M
NET CASH FROM FINANCING	$131M
FREE CASH FLOW	$13M
Net Change in Cash	$82M

Balance Sheet

Item	Amount
Cash & Equivalents	$29M
Short-Term Investments	$162M
Net Receivables	$2M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$193M
PP&E (Net)	$18M
Goodwill	$3M
Intangible Assets	$8M
Long-Term Investments	$582M
Tax Assets	$0
Other Non-Current Assets	$183M
TOTAL NON-CURRENT ASSETS	$795M
TOTAL ASSETS	$988M
Account Payables	$46.0K
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$887M
TOTAL CURRENT LIABILITIES	$887M
Long-Term Debt	$21M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$10M
TOTAL NON-CURRENT LIABILITIES	$31M
TOTAL LIABILITIES	$918M
Common Stock	$10M
Additional Paid-In Capital	$37M
Retained Earnings	$23M
Treasury Stock	$0
Accum. Other Comp. Income	-$1M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$69M
Minority Interest	$0
TOTAL EQUITY	$69M
TOTAL LIABILITIES & EQUITY	$988M
Total Debt	$21M
Net Debt	-$8M