LARK FY 2016 Earnings Report — Landmark Bancorp, Inc. Revenue & Financial Results | Market Cap Arena

Landmark Bancorp, Inc.LARK

FY 2016 Earnings

Reported March 14, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2016	Prior Q	FY 2015	QoQ Change	YoY Change
Revenue	$44M	—	$46M	—	-4.2%
Op. Income	$11M	—	$14M	—	-21.8%
Gross Margin	91.6%	—	94.8%	—	-3.2pp
Net Margin	20.3%	—	22.8%	—	-2.5pp
EPS (Diluted)	$1.56	—	$1.88	—	-17.0%
Free Cash Flow	$18M	—	$6M	—	216.8%

Revenue Flow

Item	Amount
REVENUE	$44M
Cost of Revenue	$4M
GROSS PROFIT	$40M
R&D Expenses	$0
Selling & Marketing	$573.0K
General & Administrative	$17M
SG&A Expenses	$18M
Other Expenses	$11M
Operating Expenses	$29M
Cost & Expenses	$33M
OPERATING INCOME	$11M
Interest Income	$29M
Interest Expense	$3M
Other Income/Expenses	$0
INCOME BEFORE TAX	$11M
Income Tax Expense	$2M
Net Income from Continuing Ops	$9M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$9M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$9M
D&A	$3M
EBIT	$11M
EBITDA	$14M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$44M
Cost of Revenue	$4M
GROSS PROFIT	$40M
R&D Expenses	$0
Selling & Marketing	$573.0K
General & Administrative	$17M
SG&A Expenses	$18M
Other Expenses	$11M
Operating Expenses	$29M
Cost & Expenses	$33M
OPERATING INCOME	$11M
Interest Income	$29M
Interest Expense	$3M
Other Income/Expenses	$0
INCOME BEFORE TAX	$11M
Income Tax Expense	$2M
Net Income from Continuing Ops	$9M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$9M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$9M
D&A	$3M
EBIT	$11M
EBITDA	$14M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$9M
Depreciation & Amortization	$3M
Stock-Based Compensation	$59.0K
Deferred Income Tax	$919.0K
Other Non-Cash Items	$10M
Change in Working Capital	-$4M
OPERATING CASH FLOW	$19M
Capital Expenditure	-$596.0K
Acquisitions (Net)	$0
Purchases of Investments	-$100M
Sales/Maturities of Investments	$61M
Other Investing Activities	-$988.0K
NET CASH FROM INVESTING	-$40M
Net Debt Issuance	$2M
Common Stock Repurchased	$0
Common Dividends Paid	-$3M
Other Financing Activities	$29M
NET CASH FROM FINANCING	$28M
FREE CASH FLOW	$18M
Net Change in Cash	$6M

Balance Sheet

Item	Amount
Cash & Equivalents	$20M
Short-Term Investments	$386M
Net Receivables	$13M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$419M
PP&E (Net)	$20M
Goodwill	$18M
Intangible Assets	$4M
Long-Term Investments	$431M
Tax Assets	$0
Other Non-Current Assets	$20M
TOTAL NON-CURRENT ASSETS	$493M
TOTAL ASSETS	$911M
Account Payables	$12M
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$742M
TOTAL CURRENT LIABILITIES	$754M
Long-Term Debt	$73M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$0
TOTAL NON-CURRENT LIABILITIES	$73M
TOTAL LIABILITIES	$826M
Common Stock	$38.0K
Additional Paid-In Capital	$52M
Retained Earnings	$34M
Treasury Stock	$0
Accum. Other Comp. Income	-$1M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$85M
Minority Interest	$0
TOTAL EQUITY	$85M
TOTAL LIABILITIES & EQUITY	$911M
Total Debt	$73M
Net Debt	$53M