CASSCass Information Systems, Inc.

$584M

Q1 2024 Earnings

Industrials Specialty Business Services

Income Statement

Revenue

$50M-3.6% YoY

Gross Profit

$43M84.7% margin

Operating Income

$9M17.7% margin

Net Income

$7M14.2% margin

EPS (Diluted)

$0.51

QoQ Revenue Growth

-8.7%

Cash Flow

Operating Cash Flow

$10M

Free Cash Flow

$6M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$2.3B

Total Liabilities

$2.1B

Stockholders' Equity

$229M

Cash & Equivalents

$193M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$50M	$52M	-3.6%
Gross Profit	$43M	$47M	-8.8%
Operating Income	$9M	$9M	-1.6%
Net Income	$7M	$7M	+0.5%

Revenue Segments

Information Services

$32M50%

Processing Fees

$21M33%

Financial Fees

$11M17%

Bank Service Fees

$281,0000%

CASS Q1 2024 Earnings — Cass Information Systems, Inc. Revenue & Financial Results | Market Cap Arena