JMSB FY 2019 Earnings Report — John Marshall Bancorp, Inc. Revenue & Financial Results | Market Cap Arena

John Marshall Bancorp, Inc.JMSB

FY 2019 Earnings

Reported December 31, 2019

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2019	Prior Q	FY 2018	QoQ Change	YoY Change
Revenue	$70M	—	$59M	—	18.9%
Op. Income	$20M	—	$15M	—	31.2%
Gross Margin	69.4%	—	74.2%	—	-4.8pp
Net Margin	22.6%	—	20.6%	—	2.0pp
EPS (Diluted)	$1.17	—	$0.89	—	31.5%
Free Cash Flow	$18M	—	$13M	—	39.0%

Revenue Flow

Item	Amount
REVENUE	$70M
Cost of Revenue	$21M
GROSS PROFIT	$49M
R&D Expenses	$0
Selling & Marketing	$393.0K
General & Administrative	$18M
SG&A Expenses	$19M
Other Expenses	$10M
Operating Expenses	$29M
Cost & Expenses	$50M
OPERATING INCOME	$20M
Interest Income	$69M
Interest Expense	$20M
Other Income/Expenses	$0
INCOME BEFORE TAX	$20M
Income Tax Expense	$4M
Net Income from Continuing Ops	$16M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$16M
Net Income Deductions	-$3.0K
BOTTOM LINE NET INCOME	$16M
D&A	$3M
EBIT	$20M
EBITDA	$23M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$70M
Cost of Revenue	$21M
GROSS PROFIT	$49M
R&D Expenses	$0
Selling & Marketing	$393.0K
General & Administrative	$18M
SG&A Expenses	$19M
Other Expenses	$10M
Operating Expenses	$29M
Cost & Expenses	$50M
OPERATING INCOME	$20M
Interest Income	$69M
Interest Expense	$20M
Other Income/Expenses	$0
INCOME BEFORE TAX	$20M
Income Tax Expense	$4M
Net Income from Continuing Ops	$16M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$16M
Net Income Deductions	-$3.0K
BOTTOM LINE NET INCOME	$16M
D&A	$3M
EBIT	$20M
EBITDA	$23M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$16M
Depreciation & Amortization	$3M
Stock-Based Compensation	$867.0K
Deferred Income Tax	$261.0K
Other Non-Cash Items	$1M
Change in Working Capital	-$2M
OPERATING CASH FLOW	$18M
Capital Expenditure	-$262.0K
Acquisitions (Net)	$0
Purchases of Investments	-$60M
Sales/Maturities of Investments	$36M
Other Investing Activities	-$164M
NET CASH FROM INVESTING	-$188M
Net Debt Issuance	-$7M
Common Stock Repurchased	-$68.0K
Common Dividends Paid	$0
Other Financing Activities	$167M
NET CASH FROM FINANCING	$162M
FREE CASH FLOW	$18M
Net Change in Cash	-$7M

Balance Sheet

Item	Amount
Cash & Equivalents	$94M
Short-Term Investments	$123M
Net Receivables	$4M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$221M
PP&E (Net)	$10M
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$1.3B
Tax Assets	$0
Other Non-Current Assets	$36M
TOTAL NON-CURRENT ASSETS	$1.4B
TOTAL ASSETS	$1.6B
Account Payables	$1M
Short-Term Debt	$12M
Deferred Revenue	$0
Other Current Liabilities	$1.3B
TOTAL CURRENT LIABILITIES	$1.3B
Long-Term Debt	$87M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$4M
TOTAL NON-CURRENT LIABILITIES	$98M
TOTAL LIABILITIES	$1.4B
Common Stock	$131.0K
Additional Paid-In Capital	$87M
Retained Earnings	$74M
Treasury Stock	$0
Accum. Other Comp. Income	$777.0K
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$162M
Minority Interest	$0
TOTAL EQUITY	$162M
TOTAL LIABILITIES & EQUITY	$1.6B
Total Debt	$106M
Net Debt	$12M