FCCO FY 2006 Earnings Report — First Community Corporation Revenue & Financial Results | Market Cap Arena

First Community CorporationFCCO

FY 2006 Earnings

Reported March 26, 2007

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2006	Prior Q	FY 2005	QoQ Change	YoY Change
Revenue	$31M	—	—	—	—
Op. Income	$5M	—	—	—	—
Gross Margin	57.3%	—	—	—	—
Net Margin	11.1%	—	—	—	—
EPS (Diluted)	$1.10	—	—	—	—
Free Cash Flow	$3M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$31M
Cost of Revenue	$13M
GROSS PROFIT	$18M
R&D Expenses	$0
Selling & Marketing	$329.0K
General & Administrative	$7M
SG&A Expenses	$7M
Other Expenses	$6M
Operating Expenses	$13M
Cost & Expenses	$27M
OPERATING INCOME	$5M
Interest Income	$27M
Interest Expense	$13M
Other Income/Expenses	$0
INCOME BEFORE TAX	$5M
Income Tax Expense	$1M
Net Income from Continuing Ops	$4M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$4M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$4M
D&A	$1M
EBIT	$5M
EBITDA	$6M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$31M
Cost of Revenue	$13M
GROSS PROFIT	$18M
R&D Expenses	$0
Selling & Marketing	$329.0K
General & Administrative	$7M
SG&A Expenses	$7M
Other Expenses	$6M
Operating Expenses	$13M
Cost & Expenses	$27M
OPERATING INCOME	$5M
Interest Income	$27M
Interest Expense	$13M
Other Income/Expenses	$0
INCOME BEFORE TAX	$5M
Income Tax Expense	$1M
Net Income from Continuing Ops	$4M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$4M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$4M
D&A	$1M
EBIT	$5M
EBITDA	$6M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$4M
Depreciation & Amortization	$1M
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	$737.0K
Change in Working Capital	$1M
OPERATING CASH FLOW	$7M
Capital Expenditure	-$3M
Acquisitions (Net)	-$1M
Purchases of Investments	-$35M
Sales/Maturities of Investments	$48M
Other Investing Activities	-$31M
NET CASH FROM INVESTING	-$22M
Net Debt Issuance	-$6M
Common Stock Repurchased	$0
Common Dividends Paid	-$708.0K
Other Financing Activities	$38M
NET CASH FROM FINANCING	$31M
FREE CASH FLOW	$3M
Net Change in Cash	$15M

Balance Sheet

Item	Amount
Cash & Equivalents	$10M
Short-Term Investments	$0
Net Receivables	$0
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$10M
PP&E (Net)	$21M
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$448M
Tax Assets	$0
Other Non-Current Assets	$38M
TOTAL NON-CURRENT ASSETS	$538M
TOTAL ASSETS	$548M
Account Payables	$0
Short-Term Debt	$19M
Deferred Revenue	$0
Other Current Liabilities	$415M
TOTAL CURRENT LIABILITIES	$434M
Long-Term Debt	$45M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$5M
TOTAL NON-CURRENT LIABILITIES	$50M
TOTAL LIABILITIES	$485M
Common Stock	$3M
Additional Paid-In Capital	$50M
Retained Earnings	$12M
Treasury Stock	$0
Accum. Other Comp. Income	-$2M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$63M
Minority Interest	$0
TOTAL EQUITY	$63M
TOTAL LIABILITIES & EQUITY	$548M
Total Debt	$65M
Net Debt	$55M