FUSB FY 2022 Earnings Report — First US Bancshares, Inc. Revenue & Financial Results | Market Cap Arena

First US Bancshares, Inc.FUSB

FY 2022 Earnings

Reported March 10, 2023

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2022	Prior Q	FY 2021	QoQ Change	YoY Change
Revenue	$44M	—	$43M	—	2.1%
Op. Income	$9M	—	$6M	—	57.4%
Gross Margin	82.9%	—	88.6%	—	-5.6pp
Net Margin	15.5%	—	10.3%	—	5.2pp
EPS (Diluted)	$1.06	—	$0.66	—	60.6%
Free Cash Flow	$11M	—	$9M	—	25.1%

Revenue Flow

Item	Amount
REVENUE	$44M
Cost of Revenue	$8M
GROSS PROFIT	$37M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$18M
SG&A Expenses	$18M
Other Expenses	$10M
Operating Expenses	$28M
Cost & Expenses	$35M
OPERATING INCOME	$9M
Interest Income	$41M
Interest Expense	$4M
Other Income/Expenses	$0
INCOME BEFORE TAX	$9M
Income Tax Expense	$2M
Net Income from Continuing Ops	$7M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$7M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$7M
D&A	$2M
EBIT	$9M
EBITDA	$11M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$44M
Cost of Revenue	$8M
GROSS PROFIT	$37M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$18M
SG&A Expenses	$18M
Other Expenses	$10M
Operating Expenses	$28M
Cost & Expenses	$35M
OPERATING INCOME	$9M
Interest Income	$41M
Interest Expense	$4M
Other Income/Expenses	$0
INCOME BEFORE TAX	$9M
Income Tax Expense	$2M
Net Income from Continuing Ops	$7M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$7M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$7M
D&A	$2M
EBIT	$9M
EBITDA	$11M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$7M
Depreciation & Amortization	$2M
Stock-Based Compensation	$485.0K
Deferred Income Tax	-$367.0K
Other Non-Cash Items	$4M
Change in Working Capital	-$38.0K
OPERATING CASH FLOW	$13M
Capital Expenditure	-$1M
Acquisitions (Net)	$0
Purchases of Investments	-$39M
Sales/Maturities of Investments	$29M
Other Investing Activities	-$69M
NET CASH FROM INVESTING	-$80M
Net Debt Issuance	$10M
Common Stock Repurchased	-$4M
Common Dividends Paid	-$832.0K
Other Financing Activities	$32M
NET CASH FROM FINANCING	$37M
FREE CASH FLOW	$11M
Net Change in Cash	-$31M

Balance Sheet

Item	Amount
Cash & Equivalents	$30M
Short-Term Investments	$131M
Net Receivables	$3M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$164M
PP&E (Net)	$24M
Goodwill	$7M
Intangible Assets	$366.0K
Long-Term Investments	$766M
Tax Assets	$0
Other Non-Current Assets	$32M
TOTAL NON-CURRENT ASSETS	$831M
TOTAL ASSETS	$995M
Account Payables	$607.0K
Short-Term Debt	$20M
Deferred Revenue	$0
Other Current Liabilities	$870M
TOTAL CURRENT LIABILITIES	$891M
Long-Term Debt	$11M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$8M
TOTAL NON-CURRENT LIABILITIES	$19M
TOTAL LIABILITIES	$910M
Common Stock	$75.0K
Additional Paid-In Capital	$15M
Retained Earnings	$104M
Treasury Stock	-$27M
Accum. Other Comp. Income	-$7M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$85M
Minority Interest	$0
TOTAL EQUITY	$85M
TOTAL LIABILITIES & EQUITY	$995M
Total Debt	$31M
Net Debt	$548.0K