FUSB FY 2019 Earnings Report — First US Bancshares, Inc. Revenue & Financial Results | Market Cap Arena

First US Bancshares, Inc.FUSB

FY 2019 Earnings

Reported March 18, 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	$49M	—	$43M	—	14.5%
Op. Income	$6M	—	$3M	—	71.4%
Gross Margin	80.9%	—	83.7%	—	-2.8pp
Net Margin	9.3%	—	5.8%	—	3.5pp
EPS (Diluted)	$0.67	—	$0.37	—	81.1%
Free Cash Flow	$8M	—	$7M	—	24.8%

Revenue Flow

Item	Amount
REVENUE	$49M
Cost of Revenue	$9M
GROSS PROFIT	$40M
R&D Expenses	$0
Selling & Marketing	$196.0K
General & Administrative	$25M
SG&A Expenses	$25M
Other Expenses	$9M
Operating Expenses	$34M
Cost & Expenses	$43M
OPERATING INCOME	$6M
Interest Income	$44M
Interest Expense	$7M
Other Income/Expenses	$0
INCOME BEFORE TAX	$6M
Income Tax Expense	$1M
Net Income from Continuing Ops	$5M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$5M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$5M
D&A	$2M
EBIT	$6M
EBITDA	$8M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$49M
Cost of Revenue	$9M
GROSS PROFIT	$40M
R&D Expenses	$0
Selling & Marketing	$196.0K
General & Administrative	$25M
SG&A Expenses	$25M
Other Expenses	$9M
Operating Expenses	$34M
Cost & Expenses	$43M
OPERATING INCOME	$6M
Interest Income	$44M
Interest Expense	$7M
Other Income/Expenses	$0
INCOME BEFORE TAX	$6M
Income Tax Expense	$1M
Net Income from Continuing Ops	$5M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$5M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$5M
D&A	$2M
EBIT	$6M
EBITDA	$8M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$5M
Depreciation & Amortization	$2M
Stock-Based Compensation	$360.0K
Deferred Income Tax	$1M
Other Non-Cash Items	$4M
Change in Working Capital	-$510.0K
OPERATING CASH FLOW	$11M
Capital Expenditure	-$3M
Acquisitions (Net)	$0
Purchases of Investments	-$9M
Sales/Maturities of Investments	$57M
Other Investing Activities	-$35M
NET CASH FROM INVESTING	$10M
Net Debt Issuance	$9M
Common Stock Repurchased	-$1M
Common Dividends Paid	-$562.0K
Other Financing Activities	-$21M
NET CASH FROM FINANCING	-$14M
FREE CASH FLOW	$8M
Net Change in Cash	$7M

Balance Sheet

Item	Amount
Cash & Equivalents	$57M
Short-Term Investments	$94M
Net Receivables	$2M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$154M
PP&E (Net)	$29M
Goodwill	$0
Intangible Assets	$9M
Long-Term Investments	$560M
Tax Assets	$0
Other Non-Current Assets	$38M
TOTAL NON-CURRENT ASSETS	$635M
TOTAL ASSETS	$789M
Account Payables	$537.0K
Short-Term Debt	$10M
Deferred Revenue	$0
Other Current Liabilities	$684M
TOTAL CURRENT LIABILITIES	$694M
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$10M
TOTAL NON-CURRENT LIABILITIES	$10M
TOTAL LIABILITIES	$704M
Common Stock	$75.0K
Additional Paid-In Capital	$14M
Retained Earnings	$93M
Treasury Stock	-$22M
Accum. Other Comp. Income	-$46.0K
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$85M
Minority Interest	$0
TOTAL EQUITY	$85M
TOTAL LIABILITIES & EQUITY	$789M
Total Debt	$10M
Net Debt	-$47M