LARK FY 2017 Earnings Report — Landmark Bancorp, Inc. Revenue & Financial Results | Market Cap Arena

Landmark Bancorp, Inc.LARK

FY 2017 Earnings

Reported March 14, 2018

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2017	Prior Q	FY 2016	QoQ Change	YoY Change
Revenue	$37M	—	$44M	—	-16.3%
Op. Income	$3M	—	$11M	—	-69.2%
Gross Margin	89.1%	—	91.6%	—	-2.6pp
Net Margin	11.8%	—	20.3%	—	-8.5pp
EPS (Diluted)	$0.75	—	$1.56	—	-51.9%
Free Cash Flow	$2M	—	$18M	—	-91.3%

Revenue Flow

Item	Amount
REVENUE	$37M
Cost of Revenue	$4M
GROSS PROFIT	$33M
R&D Expenses	$0
Selling & Marketing	$589.0K
General & Administrative	$17M
SG&A Expenses	$17M
Other Expenses	$12M
Operating Expenses	$29M
Cost & Expenses	$33M
OPERATING INCOME	$3M
Interest Income	$30M
Interest Expense	$4M
Other Income/Expenses	$0
INCOME BEFORE TAX	$3M
Income Tax Expense	-$897.0K
Net Income from Continuing Ops	$4M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$4M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$4M
D&A	$2M
EBIT	$3M
EBITDA	$6M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$37M
Cost of Revenue	$4M
GROSS PROFIT	$33M
R&D Expenses	$0
Selling & Marketing	$589.0K
General & Administrative	$17M
SG&A Expenses	$17M
Other Expenses	$12M
Operating Expenses	$29M
Cost & Expenses	$33M
OPERATING INCOME	$3M
Interest Income	$30M
Interest Expense	$4M
Other Income/Expenses	$0
INCOME BEFORE TAX	$3M
Income Tax Expense	-$897.0K
Net Income from Continuing Ops	$4M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$4M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$4M
D&A	$2M
EBIT	$3M
EBITDA	$6M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$4M
Depreciation & Amortization	$2M
Stock-Based Compensation	$172.0K
Deferred Income Tax	$487.0K
Other Non-Cash Items	$115.0K
Change in Working Capital	-$4M
OPERATING CASH FLOW	$3M
Capital Expenditure	-$1M
Acquisitions (Net)	$0
Purchases of Investments	-$84M
Sales/Maturities of Investments	$82M
Other Investing Activities	-$17M
NET CASH FROM INVESTING	-$21M
Net Debt Issuance	-$6M
Common Stock Repurchased	$0
Common Dividends Paid	-$3M
Other Financing Activities	$24M
NET CASH FROM FINANCING	$15M
FREE CASH FLOW	$2M
Net Change in Cash	-$3M

Balance Sheet

Item	Amount
Cash & Equivalents	$17M
Short-Term Investments	$388M
Net Receivables	$13M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$418M
PP&E (Net)	$21M
Goodwill	$18M
Intangible Assets	$4M
Long-Term Investments	$446M
Tax Assets	$0
Other Non-Current Assets	$24M
TOTAL NON-CURRENT ASSETS	$512M
TOTAL ASSETS	$929M
Account Payables	$10M
Short-Term Debt	$14M
Deferred Revenue	$0
Other Current Liabilities	$766M
TOTAL CURRENT LIABILITIES	$789M
Long-Term Debt	$53M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$0
TOTAL NON-CURRENT LIABILITIES	$53M
TOTAL LIABILITIES	$842M
Common Stock	$41.0K
Additional Paid-In Capital	$58M
Retained Earnings	$30M
Treasury Stock	$0
Accum. Other Comp. Income	-$405.0K
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$88M
Minority Interest	$0
TOTAL EQUITY	$88M
TOTAL LIABILITIES & EQUITY	$929M
Total Debt	$67M
Net Debt	$50M