ISTR FY 2024 Earnings Report — Investar Holding Corporation Revenue & Financial Results | Market Cap Arena

Investar Holding CorporationISTR

FY 2024 Earnings

Reported March 12, 2025

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2024	Prior Q	FY 2023	QoQ Change	YoY Change
Revenue	$157M	—	$141M	—	11.0%
Op. Income	$24M	—	$20M	—	19.5%
Gross Margin	54.9%	—	59.8%	—	-4.9pp
Net Margin	12.9%	—	11.8%	—	1.1pp
EPS (Diluted)	$2.05	—	$1.69	—	21.3%
Free Cash Flow	$15M	—	$25M	—	-38.7%

Revenue Flow

Item	Amount
REVENUE	$157M
Cost of Revenue	$71M
GROSS PROFIT	$86M
R&D Expenses	$0
Selling & Marketing	$370.0K
General & Administrative	$39M
SG&A Expenses	$39M
Other Expenses	$22M
Operating Expenses	$61M
Cost & Expenses	$132M
OPERATING INCOME	$24M
Interest Income	$144M
Interest Expense	$74M
Other Income/Expenses	$0
INCOME BEFORE TAX	$24M
Income Tax Expense	$4M
Net Income from Continuing Ops	$20M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$20M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$20M
D&A	$3M
EBIT	$24M
EBITDA	$28M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$157M
Cost of Revenue	$71M
GROSS PROFIT	$86M
R&D Expenses	$0
Selling & Marketing	$370.0K
General & Administrative	$39M
SG&A Expenses	$39M
Other Expenses	$22M
Operating Expenses	$61M
Cost & Expenses	$132M
OPERATING INCOME	$24M
Interest Income	$144M
Interest Expense	$74M
Other Income/Expenses	$0
INCOME BEFORE TAX	$24M
Income Tax Expense	$4M
Net Income from Continuing Ops	$20M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$20M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$20M
D&A	$3M
EBIT	$24M
EBITDA	$28M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$20M
Depreciation & Amortization	$3M
Stock-Based Compensation	$2M
Deferred Income Tax	$659.0K
Other Non-Cash Items	-$9M
Change in Working Capital	-$635.0K
OPERATING CASH FLOW	$16M
Capital Expenditure	-$506.0K
Acquisitions (Net)	$0
Purchases of Investments	-$61M
Sales/Maturities of Investments	$60M
Other Investing Activities	$91M
NET CASH FROM INVESTING	$90M
Net Debt Issuance	-$196M
Common Stock Repurchased	-$305.0K
Common Dividends Paid	-$4M
Other Financing Activities	$90M
NET CASH FROM FINANCING	-$110M
FREE CASH FLOW	$15M
Net Change in Cash	-$4M

Balance Sheet

Item	Amount
Cash & Equivalents	$28M
Short-Term Investments	$6M
Net Receivables	$14M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$49M
PP&E (Net)	$41M
Goodwill	$40M
Intangible Assets	$2M
Long-Term Investments	$2.5B
Tax Assets	$17M
Other Non-Current Assets	$90M
TOTAL NON-CURRENT ASSETS	$2.7B
TOTAL ASSETS	$2.7B
Account Payables	$0
Short-Term Debt	$8M
Deferred Revenue	$0
Other Current Liabilities	$2.3B
TOTAL CURRENT LIABILITIES	$2.4B
Long-Term Debt	$93M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$35M
TOTAL NON-CURRENT LIABILITIES	$127M
TOTAL LIABILITIES	$2.5B
Common Stock	$10M
Additional Paid-In Capital	$0
Retained Earnings	$133M
Treasury Stock	$0
Accum. Other Comp. Income	$99M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$241M
Minority Interest	$0
TOTAL EQUITY	$241M
TOTAL LIABILITIES & EQUITY	$2.7B
Total Debt	$101M
Net Debt	$73M