GCBC FY 2022 Earnings Report — Greene County Bancorp, Inc. Revenue & Financial Results | Market Cap Arena

Greene County Bancorp, Inc.GCBC

FY 2022 Earnings

Reported September 9, 2022

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	$76M	—	$68M	—	11.2%
Op. Income	$33M	—	$28M	—	19.2%
Gross Margin	88.5%	—	86.5%	—	1.9pp
Net Margin	37.0%	—	35.2%	—	1.8pp
EPS (Diluted)	$1.65	—	$1.41	—	17.0%
Free Cash Flow	$34M	—	$26M	—	29.5%

Revenue Flow

Item	Amount
REVENUE	$76M
Cost of Revenue	$9M
GROSS PROFIT	$67M
R&D Expenses	$0
Selling & Marketing	$491.0K
General & Administrative	$26M
SG&A Expenses	$26M
Other Expenses	$8M
Operating Expenses	$34M
Cost & Expenses	$43M
OPERATING INCOME	$33M
Interest Income	$63M
Interest Expense	$5M
Other Income/Expenses	$0
INCOME BEFORE TAX	$33M
Income Tax Expense	$5M
Net Income from Continuing Ops	$28M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$28M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$28M
D&A	$826.0K
EBIT	$33M
EBITDA	$34M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$76M
Cost of Revenue	$9M
GROSS PROFIT	$67M
R&D Expenses	$0
Selling & Marketing	$491.0K
General & Administrative	$26M
SG&A Expenses	$26M
Other Expenses	$8M
Operating Expenses	$34M
Cost & Expenses	$43M
OPERATING INCOME	$33M
Interest Income	$63M
Interest Expense	$5M
Other Income/Expenses	$0
INCOME BEFORE TAX	$33M
Income Tax Expense	$5M
Net Income from Continuing Ops	$28M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$28M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$28M
D&A	$826.0K
EBIT	$33M
EBITDA	$34M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$28M
Depreciation & Amortization	$826.0K
Stock-Based Compensation	$0
Deferred Income Tax	-$682.0K
Other Non-Cash Items	$2M
Change in Working Capital	$5M
OPERATING CASH FLOW	$35M
Capital Expenditure	-$1M
Acquisitions (Net)	$0
Purchases of Investments	-$669M
Sales/Maturities of Investments	$360M
Other Investing Activities	-$161M
NET CASH FROM INVESTING	-$471M
Net Debt Issuance	$150M
Common Stock Repurchased	$0
Common Dividends Paid	-$3M
Other Financing Activities	$207M
NET CASH FROM FINANCING	$355M
FREE CASH FLOW	$34M
Net Change in Cash	-$81M

Balance Sheet

Item	Amount
Cash & Equivalents	$73M
Short-Term Investments	$408M
Net Receivables	$9M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$505M
PP&E (Net)	$14M
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$2.0B
Tax Assets	$0
Other Non-Current Assets	$61M
TOTAL NON-CURRENT ASSETS	$2.1B
TOTAL ASSETS	$2.6B
Account Payables	$28M
Short-Term Debt	$124M
Deferred Revenue	$0
Other Current Liabilities	$2.2B
TOTAL CURRENT LIABILITIES	$2.4B
Long-Term Debt	$49M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$0
TOTAL NON-CURRENT LIABILITIES	$49M
TOTAL LIABILITIES	$2.4B
Common Stock	$2M
Additional Paid-In Capital	$10M
Retained Earnings	$165M
Treasury Stock	-$908.0K
Accum. Other Comp. Income	-$18M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$158M
Minority Interest	$0
TOTAL EQUITY	$158M
TOTAL LIABILITIES & EQUITY	$2.6B
Total Debt	$173M
Net Debt	$100M