CMTV FY 2020 Earnings Report — Community Bancorp Revenue & Financial Results | Market Cap Arena

Community BancorpCMTV

FY 2020 Earnings

Reported March 25, 2021

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2020	Prior Q	FY 2019	QoQ Change	YoY Change
Revenue	$39M	—	$37M	—	5.4%
Op. Income	$13M	—	$11M	—	22.5%
Gross Margin	83.5%	—	80.5%	—	3.0pp
Net Margin	27.6%	—	23.9%	—	3.7pp
EPS (Diluted)	$2.03	—	$1.68	—	20.8%
Free Cash Flow	$13M	—	$10M	—	27.6%

Revenue Flow

Item	Amount
REVENUE	$39M
Cost of Revenue	$6M
GROSS PROFIT	$32M
R&D Expenses	$0
Selling & Marketing	$425.0K
General & Administrative	$11M
SG&A Expenses	$12M
Other Expenses	$8M
Operating Expenses	$19M
Cost & Expenses	$26M
OPERATING INCOME	$13M
Interest Income	$33M
Interest Expense	$5M
Other Income/Expenses	$0
INCOME BEFORE TAX	$13M
Income Tax Expense	$2M
Net Income from Continuing Ops	$11M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$11M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$11M
D&A	$894.7K
EBIT	$13M
EBITDA	$14M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$39M
Cost of Revenue	$6M
GROSS PROFIT	$32M
R&D Expenses	$0
Selling & Marketing	$425.0K
General & Administrative	$11M
SG&A Expenses	$12M
Other Expenses	$8M
Operating Expenses	$19M
Cost & Expenses	$26M
OPERATING INCOME	$13M
Interest Income	$33M
Interest Expense	$5M
Other Income/Expenses	$0
INCOME BEFORE TAX	$13M
Income Tax Expense	$2M
Net Income from Continuing Ops	$11M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$11M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$11M
D&A	$894.7K
EBIT	$13M
EBITDA	$14M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$11M
Depreciation & Amortization	$894.7K
Stock-Based Compensation	$0
Deferred Income Tax	-$270.4K
Other Non-Cash Items	$1M
Change in Working Capital	$918.6K
OPERATING CASH FLOW	$14M
Capital Expenditure	-$452.4K
Acquisitions (Net)	$0
Purchases of Investments	-$37M
Sales/Maturities of Investments	$23M
Other Investing Activities	-$103M
NET CASH FROM INVESTING	-$117M
Net Debt Issuance	$88.3K
Common Stock Repurchased	$0
Common Dividends Paid	-$3M
Other Financing Activities	$173M
NET CASH FROM FINANCING	$170M
FREE CASH FLOW	$13M
Net Change in Cash	$66M

Balance Sheet

Item	Amount
Cash & Equivalents	$11M
Short-Term Investments	$61M
Net Receivables	$3M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$75M
PP&E (Net)	$10M
Goodwill	$12M
Intangible Assets	$0
Long-Term Investments	$701M
Tax Assets	$0
Other Non-Current Assets	$121M
TOTAL NON-CURRENT ASSETS	$844M
TOTAL ASSETS	$918M
Account Payables	$4M
Short-Term Debt	$39M
Deferred Revenue	$0
Other Current Liabilities	$782M
TOTAL CURRENT LIABILITIES	$825M
Long-Term Debt	$16M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$0
TOTAL NON-CURRENT LIABILITIES	$16M
TOTAL LIABILITIES	$841M
Common Stock	$14M
Additional Paid-In Capital	$34M
Retained Earnings	$29M
Treasury Stock	-$3M
Accum. Other Comp. Income	$915.3K
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$77M
Minority Interest	$0
TOTAL EQUITY	$77M
TOTAL LIABILITIES & EQUITY	$918M
Total Debt	$54M
Net Debt	$44M