FRAF FY 2021 Earnings Report — Franklin Financial Services Corporation Revenue & Financial Results | Market Cap Arena

Franklin Financial Services CorporationFRAF

FY 2021 Earnings

Reported March 10, 2022

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2021	Prior Q	FY 2020	QoQ Change	YoY Change
Revenue	$64M	—	$60M	—	6.7%
Op. Income	$23M	—	$13M	—	76.2%
Gross Margin	98.7%	—	85.6%	—	13.1pp
Net Margin	30.7%	—	21.4%	—	9.3pp
EPS (Diluted)	$4.42	—	$2.93	—	50.9%
Free Cash Flow	$18M	—	$6M	—	194.8%

Revenue Flow

Item	Amount
REVENUE	$64M
Cost of Revenue	$802.0K
GROSS PROFIT	$63M
R&D Expenses	$0
Selling & Marketing	$2M
General & Administrative	$26M
SG&A Expenses	$27M
Other Expenses	$13M
Operating Expenses	$40M
Cost & Expenses	$41M
OPERATING INCOME	$23M
Interest Income	$48M
Interest Expense	$3M
Other Income/Expenses	$0
INCOME BEFORE TAX	$23M
Income Tax Expense	$3M
Net Income from Continuing Ops	$20M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$20M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$20M
D&A	$1M
EBIT	$23M
EBITDA	$24M
EPS	$4
EPS Diluted	$4

Income Statement

Item	Amount
REVENUE	$64M
Cost of Revenue	$802.0K
GROSS PROFIT	$63M
R&D Expenses	$0
Selling & Marketing	$2M
General & Administrative	$26M
SG&A Expenses	$27M
Other Expenses	$13M
Operating Expenses	$40M
Cost & Expenses	$41M
OPERATING INCOME	$23M
Interest Income	$48M
Interest Expense	$3M
Other Income/Expenses	$0
INCOME BEFORE TAX	$23M
Income Tax Expense	$3M
Net Income from Continuing Ops	$20M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$20M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$20M
D&A	$1M
EBIT	$23M
EBITDA	$24M
EPS	$4
EPS Diluted	$4

Cash Flow Statement

Item	Amount
Net Income	$20M
Depreciation & Amortization	$1M
Stock-Based Compensation	$204.0K
Deferred Income Tax	$90.0K
Other Non-Cash Items	$3M
Change in Working Capital	$2M
OPERATING CASH FLOW	$26M
Capital Expenditure	-$9M
Acquisitions (Net)	$0
Purchases of Investments	-$216M
Sales/Maturities of Investments	$71M
Other Investing Activities	$19M
NET CASH FROM INVESTING	-$134M
Net Debt Issuance	$0
Common Stock Repurchased	-$1M
Common Dividends Paid	-$6M
Other Financing Activities	$230M
NET CASH FROM FINANCING	$226M
FREE CASH FLOW	$18M
Net Change in Cash	$118M

Balance Sheet

Item	Amount
Cash & Equivalents	$186M
Short-Term Investments	$530M
Net Receivables	$0
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$715M
PP&E (Net)	$24M
Goodwill	$9M
Intangible Assets	$0
Long-Term Investments	$987M
Tax Assets	$3M
Other Non-Current Assets	$35M
TOTAL NON-CURRENT ASSETS	$1.1B
TOTAL ASSETS	$1.8B
Account Payables	$0
Short-Term Debt	$640.0K
Deferred Revenue	$0
Other Current Liabilities	$1.6B
TOTAL CURRENT LIABILITIES	$1.6B
Long-Term Debt	$20M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$8M
TOTAL NON-CURRENT LIABILITIES	$32M
TOTAL LIABILITIES	$1.6B
Common Stock	$5M
Additional Paid-In Capital	$43M
Retained Earnings	$117M
Treasury Stock	-$7M
Accum. Other Comp. Income	-$547.0K
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$157M
Minority Interest	$0
TOTAL EQUITY	$157M
TOTAL LIABILITIES & EQUITY	$1.8B
Total Debt	$24M
Net Debt	-$161M