FDBC FY 2022 Earnings Report — Fidelity D & D Bancorp, Inc. Revenue & Financial Results | Market Cap Arena

Fidelity D & D Bancorp, Inc.FDBC

FY 2022 Earnings

Reported March 20, 2023

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2022	Prior Q	FY 2021	QoQ Change	YoY Change
Revenue	$94M	—	$80M	—	17.7%
Op. Income	$35M	—	$28M	—	26.6%
Gross Margin	92.7%	—	98.2%	—	-5.5pp
Net Margin	32.0%	—	30.1%	—	1.9pp
EPS (Diluted)	$5.29	—	$4.48	—	18.1%
Free Cash Flow	$44M	—	$5M	—	838.5%

Revenue Flow

Item	Amount
REVENUE	$94M
Cost of Revenue	$7M
GROSS PROFIT	$87M
R&D Expenses	$0
Selling & Marketing	$3M
General & Administrative	$28M
SG&A Expenses	$31M
Other Expenses	$21M
Operating Expenses	$52M
Cost & Expenses	$58M
OPERATING INCOME	$35M
Interest Income	$79M
Interest Expense	$6M
Other Income/Expenses	$0
INCOME BEFORE TAX	$35M
Income Tax Expense	$5M
Net Income from Continuing Ops	$30M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$30M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$30M
D&A	$5M
EBIT	$35M
EBITDA	$41M
EPS	$5
EPS Diluted	$5

Income Statement

Item	Amount
REVENUE	$94M
Cost of Revenue	$7M
GROSS PROFIT	$87M
R&D Expenses	$0
Selling & Marketing	$3M
General & Administrative	$28M
SG&A Expenses	$31M
Other Expenses	$21M
Operating Expenses	$52M
Cost & Expenses	$58M
OPERATING INCOME	$35M
Interest Income	$79M
Interest Expense	$6M
Other Income/Expenses	$0
INCOME BEFORE TAX	$35M
Income Tax Expense	$5M
Net Income from Continuing Ops	$30M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$30M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$30M
D&A	$5M
EBIT	$35M
EBITDA	$41M
EPS	$5
EPS Diluted	$5

Cash Flow Statement

Item	Amount
Net Income	$30M
Depreciation & Amortization	$5M
Stock-Based Compensation	$1M
Deferred Income Tax	$2M
Other Non-Cash Items	$11M
Change in Working Capital	-$331.0K
OPERATING CASH FLOW	$49M
Capital Expenditure	-$6M
Acquisitions (Net)	$0
Purchases of Investments	-$42M
Sales/Maturities of Investments	$42M
Other Investing Activities	-$110M
NET CASH FROM INVESTING	-$115M
Net Debt Issuance	$10M
Common Stock Repurchased	-$1M
Common Dividends Paid	-$8M
Other Financing Activities	-$3M
NET CASH FROM FINANCING	-$2M
FREE CASH FLOW	$44M
Net Change in Cash	-$68M

Balance Sheet

Item	Amount
Cash & Equivalents	$29M
Short-Term Investments	$421M
Net Receivables	$42M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$492M
PP&E (Net)	$41M
Goodwill	$20M
Intangible Assets	$2M
Long-Term Investments	$1.7B
Tax Assets	$0
Other Non-Current Assets	$86M
TOTAL NON-CURRENT ASSETS	$1.9B
TOTAL ASSETS	$2.4B
Account Payables	$17M
Short-Term Debt	$13M
Deferred Revenue	$0
Other Current Liabilities	$2.2B
TOTAL CURRENT LIABILITIES	$2.2B
Long-Term Debt	$8M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$0
TOTAL NON-CURRENT LIABILITIES	$18M
TOTAL LIABILITIES	$2.2B
Common Stock	$116M
Additional Paid-In Capital	$0
Retained Earnings	$120M
Treasury Stock	-$1M
Accum. Other Comp. Income	-$71M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$163M
Minority Interest	$0
TOTAL EQUITY	$163M
TOTAL LIABILITIES & EQUITY	$2.4B
Total Debt	$31M
Net Debt	$2M