JMSB FY 2020 Earnings Report — John Marshall Bancorp, Inc. Revenue & Financial Results | Market Cap Arena

John Marshall Bancorp, Inc.JMSB

FY 2020 Earnings

Reported December 31, 2020

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	$74M	—	$70M	—	5.3%
Op. Income	$23M	—	$20M	—	14.6%
Gross Margin	70.5%	—	69.4%	—	1.1pp
Net Margin	25.0%	—	22.6%	—	2.4pp
EPS (Diluted)	$1.35	—	$1.17	—	15.4%
Free Cash Flow	$24M	—	$18M	—	30.9%

Revenue Flow

Item	Amount
REVENUE	$74M
Cost of Revenue	$22M
GROSS PROFIT	$52M
R&D Expenses	$0
Selling & Marketing	$263.0K
General & Administrative	$20M
SG&A Expenses	$20M
Other Expenses	$9M
Operating Expenses	$29M
Cost & Expenses	$51M
OPERATING INCOME	$23M
Interest Income	$72M
Interest Expense	$16M
Other Income/Expenses	$0
INCOME BEFORE TAX	$23M
Income Tax Expense	$5M
Net Income from Continuing Ops	$19M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$19M
Net Income Deductions	-$1.0K
BOTTOM LINE NET INCOME	$18M
D&A	$3M
EBIT	$23M
EBITDA	$26M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$74M
Cost of Revenue	$22M
GROSS PROFIT	$52M
R&D Expenses	$0
Selling & Marketing	$263.0K
General & Administrative	$20M
SG&A Expenses	$20M
Other Expenses	$9M
Operating Expenses	$29M
Cost & Expenses	$51M
OPERATING INCOME	$23M
Interest Income	$72M
Interest Expense	$16M
Other Income/Expenses	$0
INCOME BEFORE TAX	$23M
Income Tax Expense	$5M
Net Income from Continuing Ops	$19M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$19M
Net Income Deductions	-$1.0K
BOTTOM LINE NET INCOME	$18M
D&A	$3M
EBIT	$23M
EBITDA	$26M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$19M
Depreciation & Amortization	$3M
Stock-Based Compensation	$587.0K
Deferred Income Tax	-$1M
Other Non-Cash Items	$6M
Change in Working Capital	-$2M
OPERATING CASH FLOW	$24M
Capital Expenditure	-$584.0K
Acquisitions (Net)	$0
Purchases of Investments	-$71M
Sales/Maturities of Investments	$45M
Other Investing Activities	-$235M
NET CASH FROM INVESTING	-$262M
Net Debt Issuance	-$40M
Common Stock Repurchased	-$434.0K
Common Dividends Paid	$0
Other Financing Activities	$319M
NET CASH FROM FINANCING	$281M
FREE CASH FLOW	$24M
Net Change in Cash	$44M

Balance Sheet

Item	Amount
Cash & Equivalents	$138M
Short-Term Investments	$152M
Net Receivables	$5M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$296M
PP&E (Net)	$8M
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$1.5B
Tax Assets	$0
Other Non-Current Assets	$35M
TOTAL NON-CURRENT ASSETS	$1.6B
TOTAL ASSETS	$1.9B
Account Payables	$877.0K
Short-Term Debt	$5M
Deferred Revenue	$0
Other Current Liabilities	$1.6B
TOTAL CURRENT LIABILITIES	$1.6B
Long-Term Debt	$47M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$6M
TOTAL NON-CURRENT LIABILITIES	$58M
TOTAL LIABILITIES	$1.7B
Common Stock	$135.0K
Additional Paid-In Capital	$90M
Retained Earnings	$92M
Treasury Stock	$0
Accum. Other Comp. Income	$4M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$186M
Minority Interest	$0
TOTAL EQUITY	$186M
TOTAL LIABILITIES & EQUITY	$1.9B
Total Debt	$53M
Net Debt	-$86M