FDBC FY 2018 Earnings Report — Fidelity D & D Bancorp, Inc. Revenue & Financial Results | Market Cap Arena

Fidelity D & D Bancorp, Inc.FDBC

FY 2018 Earnings

Reported March 13, 2019

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2018	Prior Q	FY 2017	QoQ Change	YoY Change
Revenue	$44M	—	$39M	—	13.4%
Op. Income	$13M	—	$10M	—	32.4%
Gross Margin	87.1%	—	90.2%	—	-3.1pp
Net Margin	25.1%	—	22.5%	—	2.6pp
EPS (Diluted)	$2.90	—	$2.33	—	24.5%
Free Cash Flow	$10M	—	$13M	—	-22.3%

Revenue Flow

Item	Amount
REVENUE	$44M
Cost of Revenue	$6M
GROSS PROFIT	$38M
R&D Expenses	$0
Selling & Marketing	$2M
General & Administrative	$17M
SG&A Expenses	$18M
Other Expenses	$7M
Operating Expenses	$25M
Cost & Expenses	$31M
OPERATING INCOME	$13M
Interest Income	$35M
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	$3M
EBIT	$13M
EBITDA	$16M
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$44M
Cost of Revenue	$6M
GROSS PROFIT	$38M
R&D Expenses	$0
Selling & Marketing	$2M
General & Administrative	$17M
SG&A Expenses	$18M
Other Expenses	$7M
Operating Expenses	$25M
Cost & Expenses	$31M
OPERATING INCOME	$13M
Interest Income	$35M
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	$3M
EBIT	$13M
EBITDA	$16M
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$11M
Depreciation & Amortization	$3M
Stock-Based Compensation	$749.0K
Deferred Income Tax	$1M
Other Non-Cash Items	-$2M
Change in Working Capital	-$305.0K
OPERATING CASH FLOW	$14M
Capital Expenditure	-$4M
Acquisitions (Net)	$0
Purchases of Investments	-$64M
Sales/Maturities of Investments	$34M
Other Investing Activities	-$84M
NET CASH FROM INVESTING	-$117M
Net Debt Issuance	$68M
Common Stock Repurchased	$0
Common Dividends Paid	-$3M
Other Financing Activities	$40M
NET CASH FROM FINANCING	$105M
FREE CASH FLOW	$10M
Net Change in Cash	$2M

Balance Sheet

Item	Amount
Cash & Equivalents	$17M
Short-Term Investments	$183M
Net Receivables	$20M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$221M
PP&E (Net)	$19M
Goodwill	$209.0K
Intangible Assets	$0
Long-Term Investments	$707M
Tax Assets	$0
Other Non-Current Assets	$34M
TOTAL NON-CURRENT ASSETS	$761M
TOTAL ASSETS	$981M
Account Payables	$9M
Short-Term Debt	$76M
Deferred Revenue	$0
Other Current Liabilities	$770M
TOTAL CURRENT LIABILITIES	$856M
Long-Term Debt	$32M
Deferred Revenue NC	-$5M
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$0
TOTAL NON-CURRENT LIABILITIES	$32M
TOTAL LIABILITIES	$888M
Common Stock	$30M
Additional Paid-In Capital	$0
Retained Earnings	$65M
Treasury Stock	$0
Accum. Other Comp. Income	-$1M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$94M
Minority Interest	$0
TOTAL EQUITY	$94M
TOTAL LIABILITIES & EQUITY	$981M
Total Debt	$108M
Net Debt	$91M