LARK FY 2015 Earnings Report — Landmark Bancorp, Inc. Revenue & Financial Results | Market Cap Arena

Landmark Bancorp, Inc.LARK

FY 2015 Earnings

Reported March 14, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2015	Prior Q	FY 2014	QoQ Change	YoY Change
Revenue	$46M	—	$43M	—	7.2%
Op. Income	$14M	—	$11M	—	30.2%
Gross Margin	94.8%	—	91.2%	—	3.6pp
Net Margin	22.8%	—	18.8%	—	4.1pp
EPS (Diluted)	$1.88	—	$1.46	—	28.8%
Free Cash Flow	$6M	—	$7M	—	-19.4%

Revenue Flow

Item	Amount
REVENUE	$46M
Cost of Revenue	$2M
GROSS PROFIT	$44M
R&D Expenses	$0
Selling & Marketing	$618.0K
General & Administrative	$17M
SG&A Expenses	$18M
Other Expenses	$12M
Operating Expenses	$29M
Cost & Expenses	$32M
OPERATING INCOME	$14M
Interest Income	$29M
Interest Expense	$3M
Other Income/Expenses	$0
INCOME BEFORE TAX	$14M
Income Tax Expense	$4M
Net Income from Continuing Ops	$11M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$11M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$11M
D&A	$3M
EBIT	$14M
EBITDA	$17M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$46M
Cost of Revenue	$2M
GROSS PROFIT	$44M
R&D Expenses	$0
Selling & Marketing	$618.0K
General & Administrative	$17M
SG&A Expenses	$18M
Other Expenses	$12M
Operating Expenses	$29M
Cost & Expenses	$32M
OPERATING INCOME	$14M
Interest Income	$29M
Interest Expense	$3M
Other Income/Expenses	$0
INCOME BEFORE TAX	$14M
Income Tax Expense	$4M
Net Income from Continuing Ops	$11M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$11M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$11M
D&A	$3M
EBIT	$14M
EBITDA	$17M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$11M
Depreciation & Amortization	$3M
Stock-Based Compensation	$16.0K
Deferred Income Tax	$625.0K
Other Non-Cash Items	-$4M
Change in Working Capital	-$3M
OPERATING CASH FLOW	$7M
Capital Expenditure	-$1M
Acquisitions (Net)	$0
Purchases of Investments	-$104M
Sales/Maturities of Investments	$99M
Other Investing Activities	-$3M
NET CASH FROM INVESTING	-$8M
Net Debt Issuance	-$6M
Common Stock Repurchased	$0
Common Dividends Paid	-$3M
Other Financing Activities	$11M
NET CASH FROM FINANCING	$2M
FREE CASH FLOW	$6M
Net Change in Cash	$809.0K

Balance Sheet

Item	Amount
Cash & Equivalents	$14M
Short-Term Investments	$353M
Net Receivables	$11M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$378M
PP&E (Net)	$21M
Goodwill	$18M
Intangible Assets	$4M
Long-Term Investments	$439M
Tax Assets	$0
Other Non-Current Assets	$19M
TOTAL NON-CURRENT ASSETS	$501M
TOTAL ASSETS	$878M
Account Payables	$12M
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$715M
TOTAL CURRENT LIABILITIES	$727M
Long-Term Debt	$71M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$0
TOTAL NON-CURRENT LIABILITIES	$71M
TOTAL LIABILITIES	$798M
Common Stock	$35.0K
Additional Paid-In Capital	$45M
Retained Earnings	$33M
Treasury Stock	$0
Accum. Other Comp. Income	$2M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$81M
Minority Interest	$0
TOTAL EQUITY	$81M
TOTAL LIABILITIES & EQUITY	$878M
Total Debt	$71M
Net Debt	$57M