ISTR FY 2015 Earnings Report — Investar Holding Corporation Revenue & Financial Results | Market Cap Arena

Investar Holding CorporationISTR

FY 2015 Earnings

Reported March 11, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2015	Prior Q	FY 2014	QoQ Change	YoY Change
Revenue	$46M	—	$37M	—	22.7%
Op. Income	$11M	—	$7M	—	61.8%
Gross Margin	83.0%	—	83.1%	—	-0.0pp
Net Margin	15.5%	—	14.5%	—	1.0pp
EPS (Diluted)	$0.97	—	$0.93	—	4.3%
Free Cash Flow	$33M	—	-$93M	—	136.1%

Revenue Flow

Item	Amount
REVENUE	$46M
Cost of Revenue	$8M
GROSS PROFIT	$38M
R&D Expenses	$0
Selling & Marketing	$248.0K
General & Administrative	$16M
SG&A Expenses	$17M
Other Expenses	$11M
Operating Expenses	$27M
Cost & Expenses	$35M
OPERATING INCOME	$11M
Interest Income	$37M
Interest Expense	$6M
Other Income/Expenses	$0
INCOME BEFORE TAX	$11M
Income Tax Expense	$4M
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	$1M
EBIT	$11M
EBITDA	$12M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$46M
Cost of Revenue	$8M
GROSS PROFIT	$38M
R&D Expenses	$0
Selling & Marketing	$248.0K
General & Administrative	$16M
SG&A Expenses	$17M
Other Expenses	$11M
Operating Expenses	$27M
Cost & Expenses	$35M
OPERATING INCOME	$11M
Interest Income	$37M
Interest Expense	$6M
Other Income/Expenses	$0
INCOME BEFORE TAX	$11M
Income Tax Expense	$4M
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	$1M
EBIT	$11M
EBITDA	$12M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$7M
Depreciation & Amortization	$1M
Stock-Based Compensation	$385.0K
Deferred Income Tax	-$386.0K
Other Non-Cash Items	$25M
Change in Working Capital	$4M
OPERATING CASH FLOW	$38M
Capital Expenditure	-$4M
Acquisitions (Net)	$0
Purchases of Investments	-$96M
Sales/Maturities of Investments	$47M
Other Investing Activities	-$120M
NET CASH FROM INVESTING	-$173M
Net Debt Issuance	$2M
Common Stock Repurchased	-$572.0K
Common Dividends Paid	-$221.0K
Other Financing Activities	$136M
NET CASH FROM FINANCING	$137M
FREE CASH FLOW	$33M
Net Change in Cash	$1M

Balance Sheet

Item	Amount
Cash & Equivalents	$21M
Short-Term Investments	$113M
Net Receivables	$3M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$137M
PP&E (Net)	$31M
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$852M
Tax Assets	$2M
Other Non-Current Assets	$7M
TOTAL NON-CURRENT ASSETS	$895M
TOTAL ASSETS	$1.0B
Account Payables	$0
Short-Term Debt	$39M
Deferred Revenue	$0
Other Current Liabilities	$737M
TOTAL CURRENT LIABILITIES	$777M
Long-Term Debt	$131M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$15M
TOTAL NON-CURRENT LIABILITIES	$146M
TOTAL LIABILITIES	$922M
Common Stock	$7M
Additional Paid-In Capital	$84M
Retained Earnings	$19M
Treasury Stock	-$634.0K
Accum. Other Comp. Income	$83M
Other Equity	-$83M
TOTAL STOCKHOLDERS' EQUITY	$109M
Minority Interest	$0
TOTAL EQUITY	$109M
TOTAL LIABILITIES & EQUITY	$1.0B
Total Debt	$170M
Net Debt	$149M