ISTR FY 2017 Earnings Report — Investar Holding Corporation Revenue & Financial Results | Market Cap Arena

Investar Holding CorporationISTR

FY 2017 Earnings

Reported March 16, 2018

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2017	Prior Q	FY 2016	QoQ Change	YoY Change
Revenue	$57M	—	$47M	—	20.4%
Op. Income	$12M	—	$11M	—	8.4%
Gross Margin	78.3%	—	77.8%	—	0.5pp
Net Margin	14.4%	—	16.6%	—	-2.3pp
EPS (Diluted)	$0.96	—	$1.10	—	-12.7%
Free Cash Flow	$7M	—	$33M	—	-77.8%

Revenue Flow

Item	Amount
REVENUE	$57M
Cost of Revenue	$12M
GROSS PROFIT	$45M
R&D Expenses	$0
Selling & Marketing	$422.0K
General & Administrative	$19M
SG&A Expenses	$19M
Other Expenses	$13M
Operating Expenses	$32M
Cost & Expenses	$45M
OPERATING INCOME	$12M
Interest Income	$53M
Interest Expense	$11M
Other Income/Expenses	$0
INCOME BEFORE TAX	$12M
Income Tax Expense	$4M
Net Income from Continuing Ops	$8M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$8M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$8M
D&A	$2M
EBIT	$12M
EBITDA	$14M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$57M
Cost of Revenue	$12M
GROSS PROFIT	$45M
R&D Expenses	$0
Selling & Marketing	$422.0K
General & Administrative	$19M
SG&A Expenses	$19M
Other Expenses	$13M
Operating Expenses	$32M
Cost & Expenses	$45M
OPERATING INCOME	$12M
Interest Income	$53M
Interest Expense	$11M
Other Income/Expenses	$0
INCOME BEFORE TAX	$12M
Income Tax Expense	$4M
Net Income from Continuing Ops	$8M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$8M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$8M
D&A	$2M
EBIT	$12M
EBITDA	$14M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$8M
Depreciation & Amortization	$2M
Stock-Based Compensation	$786.0K
Deferred Income Tax	$245.0K
Other Non-Cash Items	$2M
Change in Working Capital	-$3M
OPERATING CASH FLOW	$9M
Capital Expenditure	-$2M
Acquisitions (Net)	$21M
Purchases of Investments	-$110M
Sales/Maturities of Investments	$140M
Other Investing Activities	-$147M
NET CASH FROM INVESTING	-$98M
Net Debt Issuance	$95M
Common Stock Repurchased	-$506.0K
Common Dividends Paid	-$722.0K
Other Financing Activities	-$36M
NET CASH FROM FINANCING	$90M
FREE CASH FLOW	$7M
Net Change in Cash	$973.0K

Balance Sheet

Item	Amount
Cash & Equivalents	$30M
Short-Term Investments	$218M
Net Receivables	$5M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$253M
PP&E (Net)	$38M
Goodwill	$17M
Intangible Assets	$3M
Long-Term Investments	$1.3B
Tax Assets	$1M
Other Non-Current Assets	$33M
TOTAL NON-CURRENT ASSETS	$1.4B
TOTAL ASSETS	$1.6B
Account Payables	$0
Short-Term Debt	$22M
Deferred Revenue	$0
Other Current Liabilities	$1.2B
TOTAL CURRENT LIABILITIES	$1.2B
Long-Term Debt	$191M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$12M
TOTAL NON-CURRENT LIABILITIES	$203M
TOTAL LIABILITIES	$1.5B
Common Stock	$10M
Additional Paid-In Capital	$132M
Retained Earnings	$33M
Treasury Stock	$0
Accum. Other Comp. Income	-$2M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$173M
Minority Interest	$0
TOTAL EQUITY	$173M
TOTAL LIABILITIES & EQUITY	$1.6B
Total Debt	$213M
Net Debt	$182M