FSBC FY 2020 Earnings Report — Five Star Bancorp Revenue & Financial Results | Market Cap Arena

Five Star BancorpFSBC

FY 2020 Earnings

Reported December 31, 2020

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2020	Prior Q	FY 2019	QoQ Change	YoY Change
Revenue	$83M	—	$70M	—	19.1%
Op. Income	$37M	—	$30M	—	22.7%
Gross Margin	78.1%	—	75.4%	—	2.7pp
Net Margin	43.3%	—	42.1%	—	1.2pp
EPS (Diluted)	$2.21	—	$15.80	—	-86.0%
Free Cash Flow	$51M	—	$28M	—	78.3%

Revenue Flow

Item	Amount
REVENUE	$83M
Cost of Revenue	$18M
GROSS PROFIT	$65M
R&D Expenses	$0
Selling & Marketing	$1M
General & Administrative	$17M
SG&A Expenses	$18M
Other Expenses	$9M
Operating Expenses	$28M
Cost & Expenses	$46M
OPERATING INCOME	$37M
Interest Income	$74M
Interest Expense	$9M
Other Income/Expenses	$0
INCOME BEFORE TAX	$37M
Income Tax Expense	$1M
Net Income from Continuing Ops	$36M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$36M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$36M
D&A	$461.0K
EBIT	$37M
EBITDA	$38M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$83M
Cost of Revenue	$18M
GROSS PROFIT	$65M
R&D Expenses	$0
Selling & Marketing	$1M
General & Administrative	$17M
SG&A Expenses	$18M
Other Expenses	$9M
Operating Expenses	$28M
Cost & Expenses	$46M
OPERATING INCOME	$37M
Interest Income	$74M
Interest Expense	$9M
Other Income/Expenses	$0
INCOME BEFORE TAX	$37M
Income Tax Expense	$1M
Net Income from Continuing Ops	$36M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$36M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$36M
D&A	$461.0K
EBIT	$37M
EBITDA	$38M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$36M
Depreciation & Amortization	$461.0K
Stock-Based Compensation	$316.0K
Deferred Income Tax	-$143.0K
Other Non-Cash Items	$17M
Change in Working Capital	-$2M
OPERATING CASH FLOW	$51M
Capital Expenditure	-$833.0K
Acquisitions (Net)	$0
Purchases of Investments	-$98M
Sales/Maturities of Investments	$63M
Other Investing Activities	-$337M
NET CASH FROM INVESTING	-$373M
Net Debt Issuance	-$25M
Common Stock Repurchased	$0
Common Dividends Paid	-$26M
Other Financing Activities	$472M
NET CASH FROM FINANCING	$434M
FREE CASH FLOW	$51M
Net Change in Cash	$113M

Balance Sheet

Item	Amount
Cash & Equivalents	$314M
Short-Term Investments	$115M
Net Receivables	$5M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$435M
PP&E (Net)	$2M
Goodwill	$0
Intangible Assets	$2M
Long-Term Investments	$1.5B
Tax Assets	$0
Other Non-Current Assets	$18M
TOTAL NON-CURRENT ASSETS	$1.5B
TOTAL ASSETS	$2.0B
Account Payables	$8M
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$1.8B
TOTAL CURRENT LIABILITIES	$1.8B
Long-Term Debt	$28M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$0
TOTAL NON-CURRENT LIABILITIES	$28M
TOTAL LIABILITIES	$1.8B
Common Stock	$110M
Additional Paid-In Capital	$0
Retained Earnings	$22M
Treasury Stock	$0
Accum. Other Comp. Income	$1M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$134M
Minority Interest	$0
TOTAL EQUITY	$134M
TOTAL LIABILITIES & EQUITY	$2.0B
Total Debt	$28M
Net Debt	-$286M