BSVN FY 2021 Earnings Report — Bank7 Corp. Revenue & Financial Results | Market Cap Arena

Bank7 Corp.BSVN

FY 2021 Earnings

Reported March 31, 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	$59M	—	$55M	—	6.5%
Op. Income	$31M	—	$26M	—	19.4%
Gross Margin	87.7%	—	79.1%	—	8.6pp
Net Margin	39.6%	—	35.0%	—	4.5pp
EPS (Diluted)	$2.55	—	$2.05	—	24.4%
Free Cash Flow	$30M	—	$25M	—	19.1%

Revenue Flow

Item	Amount
REVENUE	$59M
Cost of Revenue	$7M
GROSS PROFIT	$51M
R&D Expenses	$0
Selling & Marketing	$282.0K
General & Administrative	$12M
SG&A Expenses	$12M
Other Expenses	$8M
Operating Expenses	$20M
Cost & Expenses	$28M
OPERATING INCOME	$31M
Interest Income	$56M
Interest Expense	$3M
Other Income/Expenses	$0
INCOME BEFORE TAX	$31M
Income Tax Expense	$8M
Net Income from Continuing Ops	$23M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$23M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$23M
D&A	$1M
EBIT	$31M
EBITDA	$32M
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$59M
Cost of Revenue	$7M
GROSS PROFIT	$51M
R&D Expenses	$0
Selling & Marketing	$282.0K
General & Administrative	$12M
SG&A Expenses	$12M
Other Expenses	$8M
Operating Expenses	$20M
Cost & Expenses	$28M
OPERATING INCOME	$31M
Interest Income	$56M
Interest Expense	$3M
Other Income/Expenses	$0
INCOME BEFORE TAX	$31M
Income Tax Expense	$8M
Net Income from Continuing Ops	$23M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$23M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$23M
D&A	$1M
EBIT	$31M
EBITDA	$32M
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$23M
Depreciation & Amortization	$1M
Stock-Based Compensation	$1M
Deferred Income Tax	$235.0K
Other Non-Cash Items	$4M
Change in Working Capital	$604.0K
OPERATING CASH FLOW	$30M
Capital Expenditure	-$599.0K
Acquisitions (Net)	$20M
Purchases of Investments	-$30.0K
Sales/Maturities of Investments	$1M
Other Investing Activities	-$65M
NET CASH FROM INVESTING	-$43M
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	-$4M
Other Financing Activities	$68M
NET CASH FROM FINANCING	$64M
FREE CASH FLOW	$30M
Net Change in Cash	$51M

Balance Sheet

Item	Amount
Cash & Equivalents	$199M
Short-Term Investments	$85M
Net Receivables	$11M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$294M
PP&E (Net)	$17M
Goodwill	$8M
Intangible Assets	$2M
Long-Term Investments	$1.0B
Tax Assets	$0
Other Non-Current Assets	$9M
TOTAL NON-CURRENT ASSETS	$1.1B
TOTAL ASSETS	$1.4B
Account Payables	$6M
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$1.2B
TOTAL CURRENT LIABILITIES	$1.2B
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$0
TOTAL NON-CURRENT LIABILITIES	$0
TOTAL LIABILITIES	$1.2B
Common Stock	$91.0K
Additional Paid-In Capital	$94M
Retained Earnings	$33M
Treasury Stock	$0
Accum. Other Comp. Income	$144.0K
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$127M
Minority Interest	$0
TOTAL EQUITY	$127M
TOTAL LIABILITIES & EQUITY	$1.4B
Total Debt	$0
Net Debt	-$199M