FRAF FY 2014 Earnings Report — Franklin Financial Services Corporation Revenue & Financial Results | Market Cap Arena

Franklin Financial Services CorporationFRAF

FY 2014 Earnings

Reported March 16, 2015

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2014	Prior Q	FY 2013	QoQ Change	YoY Change
Revenue	$45M	—	$45M	—	-0.4%
Op. Income	$10M	—	$8M	—	38.3%
Gross Margin	91.3%	—	83.9%	—	7.4pp
Net Margin	18.6%	—	13.7%	—	4.9pp
EPS (Diluted)	$1.99	—	$1.49	—	33.6%
Free Cash Flow	$14M	—	$15M	—	-5.8%

Revenue Flow

Item	Amount
REVENUE	$45M
Cost of Revenue	$4M
GROSS PROFIT	$41M
R&D Expenses	$0
Selling & Marketing	$1M
General & Administrative	$18M
SG&A Expenses	$19M
Other Expenses	$12M
Operating Expenses	$31M
Cost & Expenses	$35M
OPERATING INCOME	$10M
Interest Income	$35M
Interest Expense	$3M
Other Income/Expenses	$0
INCOME BEFORE TAX	$10M
Income Tax Expense	$2M
Net Income from Continuing Ops	$8M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$8M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$8M
D&A	$2M
EBIT	$10M
EBITDA	$12M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$45M
Cost of Revenue	$4M
GROSS PROFIT	$41M
R&D Expenses	$0
Selling & Marketing	$1M
General & Administrative	$18M
SG&A Expenses	$19M
Other Expenses	$12M
Operating Expenses	$31M
Cost & Expenses	$35M
OPERATING INCOME	$10M
Interest Income	$35M
Interest Expense	$3M
Other Income/Expenses	$0
INCOME BEFORE TAX	$10M
Income Tax Expense	$2M
Net Income from Continuing Ops	$8M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$8M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$8M
D&A	$2M
EBIT	$10M
EBITDA	$12M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$8M
Depreciation & Amortization	$2M
Stock-Based Compensation	$0
Deferred Income Tax	$294.0K
Other Non-Cash Items	$3M
Change in Working Capital	$1M
OPERATING CASH FLOW	$14M
Capital Expenditure	-$345.0K
Acquisitions (Net)	$0
Purchases of Investments	-$41M
Sales/Maturities of Investments	$31M
Other Investing Activities	-$2M
NET CASH FROM INVESTING	-$13M
Net Debt Issuance	-$12M
Common Stock Repurchased	$0
Common Dividends Paid	-$3M
Other Financing Activities	$22M
NET CASH FROM FINANCING	$6M
FREE CASH FLOW	$14M
Net Change in Cash	$8M

Balance Sheet

Item	Amount
Cash & Equivalents	$49M
Short-Term Investments	$172M
Net Receivables	$0
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$220M
PP&E (Net)	$15M
Goodwill	$9M
Intangible Assets	$181.0K
Long-Term Investments	$718M
Tax Assets	$4M
Other Non-Current Assets	$35M
TOTAL NON-CURRENT ASSETS	$781M
TOTAL ASSETS	$1.0B
Account Payables	$0
Short-Term Debt	$9M
Deferred Revenue	$0
Other Current Liabilities	$881M
TOTAL CURRENT LIABILITIES	$890M
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$8M
TOTAL NON-CURRENT LIABILITIES	$8M
TOTAL LIABILITIES	$898M
Common Stock	$5M
Additional Paid-In Capital	$38M
Retained Earnings	$71M
Treasury Stock	-$7M
Accum. Other Comp. Income	-$3M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$104M
Minority Interest	$0
TOTAL EQUITY	$104M
TOTAL LIABILITIES & EQUITY	$1.0B
Total Debt	$9M
Net Debt	-$40M