FRAF FY 2019 Earnings Report — Franklin Financial Services Corporation Revenue & Financial Results | Market Cap Arena

Franklin Financial Services CorporationFRAF

FY 2019 Earnings

Reported March 13, 2020

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2019	Prior Q	FY 2018	QoQ Change	YoY Change
Revenue	$63M	—	$56M	—	11.6%
Op. Income	$19M	—	$6M	—	218.7%
Gross Margin	88.3%	—	74.9%	—	13.4pp
Net Margin	25.6%	—	10.8%	—	14.7pp
EPS (Diluted)	$3.67	—	$1.39	—	164.0%
Free Cash Flow	$17M	—	$8M	—	112.7%

Revenue Flow

Item	Amount
REVENUE	$63M
Cost of Revenue	$7M
GROSS PROFIT	$56M
R&D Expenses	$0
Selling & Marketing	$2M
General & Administrative	$22M
SG&A Expenses	$24M
Other Expenses	$13M
Operating Expenses	$37M
Cost & Expenses	$44M
OPERATING INCOME	$19M
Interest Income	$49M
Interest Expense	$7M
Other Income/Expenses	$0
INCOME BEFORE TAX	$19M
Income Tax Expense	$3M
Net Income from Continuing Ops	$16M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$16M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$16M
D&A	$1M
EBIT	$19M
EBITDA	$20M
EPS	$4
EPS Diluted	$4

Income Statement

Item	Amount
REVENUE	$63M
Cost of Revenue	$7M
GROSS PROFIT	$56M
R&D Expenses	$0
Selling & Marketing	$2M
General & Administrative	$22M
SG&A Expenses	$24M
Other Expenses	$13M
Operating Expenses	$37M
Cost & Expenses	$44M
OPERATING INCOME	$19M
Interest Income	$49M
Interest Expense	$7M
Other Income/Expenses	$0
INCOME BEFORE TAX	$19M
Income Tax Expense	$3M
Net Income from Continuing Ops	$16M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$16M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$16M
D&A	$1M
EBIT	$19M
EBITDA	$20M
EPS	$4
EPS Diluted	$4

Cash Flow Statement

Item	Amount
Net Income	$16M
Depreciation & Amortization	$1M
Stock-Based Compensation	$0
Deferred Income Tax	$2M
Other Non-Cash Items	-$2M
Change in Working Capital	$1M
OPERATING CASH FLOW	$19M
Capital Expenditure	-$2M
Acquisitions (Net)	$0
Purchases of Investments	-$105M
Sales/Maturities of Investments	$50M
Other Investing Activities	$33M
NET CASH FROM INVESTING	-$23M
Net Debt Issuance	$0
Common Stock Repurchased	-$4M
Common Dividends Paid	-$5M
Other Financing Activities	$43M
NET CASH FROM FINANCING	$35M
FREE CASH FLOW	$17M
Net Change in Cash	$31M

Balance Sheet

Item	Amount
Cash & Equivalents	$93M
Short-Term Investments	$187M
Net Receivables	$0
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$280M
PP&E (Net)	$19M
Goodwill	$9M
Intangible Assets	$0
Long-Term Investments	$925M
Tax Assets	$4M
Other Non-Current Assets	$32M
TOTAL NON-CURRENT ASSETS	$989M
TOTAL ASSETS	$1.3B
Account Payables	$0
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$1.1B
TOTAL CURRENT LIABILITIES	$1.1B
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$11M
TOTAL NON-CURRENT LIABILITIES	$16M
TOTAL LIABILITIES	$1.1B
Common Stock	$5M
Additional Paid-In Capital	$42M
Retained Earnings	$95M
Treasury Stock	-$8M
Accum. Other Comp. Income	-$6M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$128M
Minority Interest	$0
TOTAL EQUITY	$128M
TOTAL LIABILITIES & EQUITY	$1.3B
Total Debt	$5M
Net Debt	-$87M