CFFI FY 2015 Earnings Report — C&F Financial Corporation Revenue & Financial Results | Market Cap Arena

C&F Financial CorporationCFFI

FY 2015 Earnings

Reported March 4, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2015	Prior Q	FY 2014	QoQ Change	YoY Change
Revenue	$108M	—	$106M	—	1.8%
Op. Income	$17M	—	$17M	—	-0.6%
Gross Margin	77.5%	—	76.5%	—	1.0pp
Net Margin	11.6%	—	11.7%	—	-0.0pp
EPS (Diluted)	$3.68	—	$3.59	—	2.5%
Free Cash Flow	$14M	—	$32M	—	-58.2%

Revenue Flow

Item	Amount
REVENUE	$108M
Cost of Revenue	$24M
GROSS PROFIT	$84M
R&D Expenses	$0
Selling & Marketing	$1M
General & Administrative	$43M
SG&A Expenses	$44M
Other Expenses	$22M
Operating Expenses	$66M
Cost & Expenses	$90M
OPERATING INCOME	$17M
Interest Income	$87M
Interest Expense	$9M
Other Income/Expenses	$0
INCOME BEFORE TAX	$17M
Income Tax Expense	$5M
Net Income from Continuing Ops	$13M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$13M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$13M
D&A	$3M
EBIT	$17M
EBITDA	$20M
EPS	$4
EPS Diluted	$4

Income Statement

Item	Amount
REVENUE	$108M
Cost of Revenue	$24M
GROSS PROFIT	$84M
R&D Expenses	$0
Selling & Marketing	$1M
General & Administrative	$43M
SG&A Expenses	$44M
Other Expenses	$22M
Operating Expenses	$66M
Cost & Expenses	$90M
OPERATING INCOME	$17M
Interest Income	$87M
Interest Expense	$9M
Other Income/Expenses	$0
INCOME BEFORE TAX	$17M
Income Tax Expense	$5M
Net Income from Continuing Ops	$13M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$13M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$13M
D&A	$3M
EBIT	$17M
EBITDA	$20M
EPS	$4
EPS Diluted	$4

Cash Flow Statement

Item	Amount
Net Income	$13M
Depreciation & Amortization	$3M
Stock-Based Compensation	$1M
Deferred Income Tax	$1M
Other Non-Cash Items	-$963.0K
Change in Working Capital	-$1M
OPERATING CASH FLOW	$15M
Capital Expenditure	-$2M
Acquisitions (Net)	$0
Purchases of Investments	-$37M
Sales/Maturities of Investments	$36M
Other Investing Activities	-$81M
NET CASH FROM INVESTING	-$84M
Net Debt Issuance	$10M
Common Stock Repurchased	-$2M
Common Dividends Paid	-$4M
Other Financing Activities	$49M
NET CASH FROM FINANCING	$54M
FREE CASH FLOW	$14M
Net Change in Cash	-$15M

Balance Sheet

Item	Amount
Cash & Equivalents	$153M
Short-Term Investments	$219M
Net Receivables	$7M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$379M
PP&E (Net)	$37M
Goodwill	$14M
Intangible Assets	$2M
Long-Term Investments	$910M
Tax Assets	$0
Other Non-Current Assets	$63M
TOTAL NON-CURRENT ASSETS	$1.0B
TOTAL ASSETS	$1.4B
Account Payables	$698.0K
Short-Term Debt	$12M
Deferred Revenue	$0
Other Current Liabilities	$1.1B
TOTAL CURRENT LIABILITIES	$1.1B
Long-Term Debt	$165M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$22M
TOTAL NON-CURRENT LIABILITIES	$188M
TOTAL LIABILITIES	$1.3B
Common Stock	$3M
Additional Paid-In Capital	$10M
Retained Earnings	$116M
Treasury Stock	$0
Accum. Other Comp. Income	$1M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$131M
Minority Interest	$0
TOTAL EQUITY	$131M
TOTAL LIABILITIES & EQUITY	$1.4B
Total Debt	$177M
Net Debt	$24M