ISTR FY 2020 Earnings Report — Investar Holding Corporation Revenue & Financial Results | Market Cap Arena

Investar Holding CorporationISTR

FY 2020 Earnings

Reported March 10, 2021

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2020	Prior Q	FY 2019	QoQ Change	YoY Change
Revenue	$106M	—	$96M	—	10.7%
Op. Income	$17M	—	$21M	—	-17.3%
Gross Margin	70.3%	—	72.3%	—	-1.9pp
Net Margin	13.1%	—	17.6%	—	-4.5pp
EPS (Diluted)	$1.27	—	$1.66	—	-23.5%
Free Cash Flow	$10M	—	$11M	—	-4.6%

Revenue Flow

Item	Amount
REVENUE	$106M
Cost of Revenue	$31M
GROSS PROFIT	$75M
R&D Expenses	$0
Selling & Marketing	$333.0K
General & Administrative	$33M
SG&A Expenses	$34M
Other Expenses	$23M
Operating Expenses	$57M
Cost & Expenses	$89M
OPERATING INCOME	$17M
Interest Income	$94M
Interest Expense	$20M
Other Income/Expenses	$0
INCOME BEFORE TAX	$17M
Income Tax Expense	$3M
Net Income from Continuing Ops	$14M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$14M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$14M
D&A	$5M
EBIT	$17M
EBITDA	$22M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$106M
Cost of Revenue	$31M
GROSS PROFIT	$75M
R&D Expenses	$0
Selling & Marketing	$333.0K
General & Administrative	$33M
SG&A Expenses	$34M
Other Expenses	$23M
Operating Expenses	$57M
Cost & Expenses	$89M
OPERATING INCOME	$17M
Interest Income	$94M
Interest Expense	$20M
Other Income/Expenses	$0
INCOME BEFORE TAX	$17M
Income Tax Expense	$3M
Net Income from Continuing Ops	$14M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$14M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$14M
D&A	$5M
EBIT	$17M
EBITDA	$22M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$14M
Depreciation & Amortization	$5M
Stock-Based Compensation	$2M
Deferred Income Tax	-$1M
Other Non-Cash Items	$9M
Change in Working Capital	-$10M
OPERATING CASH FLOW	$18M
Capital Expenditure	-$8M
Acquisitions (Net)	-$11M
Purchases of Investments	-$133M
Sales/Maturities of Investments	$134M
Other Investing Activities	-$130M
NET CASH FROM INVESTING	-$148M
Net Debt Issuance	-$11M
Common Stock Repurchased	-$11M
Common Dividends Paid	-$3M
Other Financing Activities	$146M
NET CASH FROM FINANCING	$121M
FREE CASH FLOW	$10M
Net Change in Cash	-$9M

Balance Sheet

Item	Amount
Cash & Equivalents	$35M
Short-Term Investments	$268M
Net Receivables	$13M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$317M
PP&E (Net)	$56M
Goodwill	$28M
Intangible Assets	$4M
Long-Term Investments	$1.9B
Tax Assets	$1M
Other Non-Current Assets	$46M
TOTAL NON-CURRENT ASSETS	$2.0B
TOTAL ASSETS	$2.3B
Account Payables	$0
Short-Term Debt	$6M
Deferred Revenue	$0
Other Current Liabilities	$1.9B
TOTAL CURRENT LIABILITIES	$1.9B
Long-Term Debt	$169M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$0
TOTAL NON-CURRENT LIABILITIES	$169M
TOTAL LIABILITIES	$2.1B
Common Stock	$11M
Additional Paid-In Capital	$159M
Retained Earnings	$71M
Treasury Stock	$0
Accum. Other Comp. Income	$2M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$243M
Minority Interest	$0
TOTAL EQUITY	$243M
TOTAL LIABILITIES & EQUITY	$2.3B
Total Debt	$175M
Net Debt	$140M