FRAF FY 2017 Earnings Report — Franklin Financial Services Corporation Revenue & Financial Results | Market Cap Arena

Franklin Financial Services CorporationFRAF

FY 2017 Earnings

Reported March 12, 2018

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2017	Prior Q	FY 2016	QoQ Change	YoY Change
Revenue	$51M	—	$48M	—	7.1%
Op. Income	$6M	—	$9M	—	-38.9%
Gross Margin	93.8%	—	87.4%	—	6.4pp
Net Margin	4.3%	—	16.9%	—	-12.7pp
EPS (Diluted)	$0.50	—	$1.88	—	-73.4%
Free Cash Flow	$15M	—	$14M	—	6.0%

Revenue Flow

Item	Amount
REVENUE	$51M
Cost of Revenue	$3M
GROSS PROFIT	$48M
R&D Expenses	$0
Selling & Marketing	$1M
General & Administrative	$19M
SG&A Expenses	$20M
Other Expenses	$22M
Operating Expenses	$42M
Cost & Expenses	$45M
OPERATING INCOME	$6M
Interest Income	$40M
Interest Expense	$2M
Other Income/Expenses	$0
INCOME BEFORE TAX	$6M
Income Tax Expense	$4M
Net Income from Continuing Ops	$2M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$2M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$2M
D&A	$1M
EBIT	$6M
EBITDA	$7M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$51M
Cost of Revenue	$3M
GROSS PROFIT	$48M
R&D Expenses	$0
Selling & Marketing	$1M
General & Administrative	$19M
SG&A Expenses	$20M
Other Expenses	$22M
Operating Expenses	$42M
Cost & Expenses	$45M
OPERATING INCOME	$6M
Interest Income	$40M
Interest Expense	$2M
Other Income/Expenses	$0
INCOME BEFORE TAX	$6M
Income Tax Expense	$4M
Net Income from Continuing Ops	$2M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$2M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$2M
D&A	$1M
EBIT	$6M
EBITDA	$7M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$2M
Depreciation & Amortization	$1M
Stock-Based Compensation	$161.0K
Deferred Income Tax	-$831.0K
Other Non-Cash Items	$13M
Change in Working Capital	$717.0K
OPERATING CASH FLOW	$16M
Capital Expenditure	-$1M
Acquisitions (Net)	$0
Purchases of Investments	-$9M
Sales/Maturities of Investments	$24M
Other Investing Activities	-$46M
NET CASH FROM INVESTING	-$32M
Net Debt Issuance	-$24M
Common Stock Repurchased	$0
Common Dividends Paid	-$4M
Other Financing Activities	$66M
NET CASH FROM FINANCING	$38M
FREE CASH FLOW	$15M
Net Change in Cash	$22M

Balance Sheet

Item	Amount
Cash & Equivalents	$59M
Short-Term Investments	$127M
Net Receivables	$0
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$186M
PP&E (Net)	$14M
Goodwill	$9M
Intangible Assets	$0
Long-Term Investments	$933M
Tax Assets	$6M
Other Non-Current Assets	$33M
TOTAL NON-CURRENT ASSETS	$994M
TOTAL ASSETS	$1.2B
Account Payables	$0
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$1.0B
TOTAL CURRENT LIABILITIES	$1.0B
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$17M
TOTAL NON-CURRENT LIABILITIES	$17M
TOTAL LIABILITIES	$1.1B
Common Stock	$5M
Additional Paid-In Capital	$40M
Retained Earnings	$82M
Treasury Stock	-$6M
Accum. Other Comp. Income	-$6M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$115M
Minority Interest	$0
TOTAL EQUITY	$115M
TOTAL LIABILITIES & EQUITY	$1.2B
Total Debt	$0
Net Debt	-$59M