FDBC FY 2020 Earnings Report — Fidelity D & D Bancorp, Inc. Revenue & Financial Results | Market Cap Arena

Fidelity D & D Bancorp, Inc.FDBC

FY 2020 Earnings

Reported March 19, 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	$61M	—	$49M	—	24.9%
Op. Income	$15M	—	$14M	—	9.9%
Gross Margin	88.5%	—	84.0%	—	4.5pp
Net Margin	21.5%	—	23.8%	—	-2.3pp
EPS (Diluted)	$2.82	—	$3.03	—	-6.9%
Free Cash Flow	-$1M	—	$22M	—	-105.1%

Revenue Flow

Item	Amount
REVENUE	$61M
Cost of Revenue	$7M
GROSS PROFIT	$54M
R&D Expenses	$0
Selling & Marketing	$2M
General & Administrative	$22M
SG&A Expenses	$24M
Other Expenses	$14M
Operating Expenses	$38M
Cost & Expenses	$45M
OPERATING INCOME	$15M
Interest Income	$49M
Interest Expense	$5M
Other Income/Expenses	$0
INCOME BEFORE TAX	$15M
Income Tax Expense	$2M
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	$5M
EBIT	$15M
EBITDA	$20M
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$61M
Cost of Revenue	$7M
GROSS PROFIT	$54M
R&D Expenses	$0
Selling & Marketing	$2M
General & Administrative	$22M
SG&A Expenses	$24M
Other Expenses	$14M
Operating Expenses	$38M
Cost & Expenses	$45M
OPERATING INCOME	$15M
Interest Income	$49M
Interest Expense	$5M
Other Income/Expenses	$0
INCOME BEFORE TAX	$15M
Income Tax Expense	$2M
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	$5M
EBIT	$15M
EBITDA	$20M
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$13M
Depreciation & Amortization	$5M
Stock-Based Compensation	$1M
Deferred Income Tax	-$400.0K
Other Non-Cash Items	-$18M
Change in Working Capital	-$202.0K
OPERATING CASH FLOW	$296.0K
Capital Expenditure	-$1M
Acquisitions (Net)	$53M
Purchases of Investments	-$272M
Sales/Maturities of Investments	$192M
Other Investing Activities	-$137M
NET CASH FROM INVESTING	-$164M
Net Debt Issuance	-$56M
Common Stock Repurchased	$0
Common Dividends Paid	-$5M
Other Financing Activities	$279M
NET CASH FROM FINANCING	$218M
FREE CASH FLOW	-$1M
Net Change in Cash	$54M

Balance Sheet

Item	Amount
Cash & Equivalents	$69M
Short-Term Investments	$392M
Net Receivables	$26M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$488M
PP&E (Net)	$35M
Goodwill	$7M
Intangible Assets	$2M
Long-Term Investments	$1.1B
Tax Assets	$0
Other Non-Current Assets	$53M
TOTAL NON-CURRENT ASSETS	$1.2B
TOTAL ASSETS	$1.7B
Account Payables	$10M
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$1.5B
TOTAL CURRENT LIABILITIES	$1.5B
Long-Term Debt	$5M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$0
TOTAL NON-CURRENT LIABILITIES	$13M
TOTAL LIABILITIES	$1.5B
Common Stock	$78M
Additional Paid-In Capital	$0
Retained Earnings	$80M
Treasury Stock	$0
Accum. Other Comp. Income	$9M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$167M
Minority Interest	$0
TOTAL EQUITY	$167M
TOTAL LIABILITIES & EQUITY	$1.7B
Total Debt	$13M
Net Debt	-$56M