LARK FY 2018 Earnings Report — Landmark Bancorp, Inc. Revenue & Financial Results | Market Cap Arena

Landmark Bancorp, Inc.LARK

FY 2018 Earnings

Reported March 14, 2019

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2018	Prior Q	FY 2017	QoQ Change	YoY Change
Revenue	$49M	—	$37M	—	32.0%
Op. Income	$12M	—	$3M	—	233.9%
Gross Margin	86.1%	—	89.1%	—	-2.9pp
Net Margin	21.4%	—	11.8%	—	9.6pp
EPS (Diluted)	$1.78	—	$0.75	—	137.3%
Free Cash Flow	$20M	—	$2M	—	1149.2%

Revenue Flow

Item	Amount
REVENUE	$49M
Cost of Revenue	$7M
GROSS PROFIT	$42M
R&D Expenses	$0
Selling & Marketing	$589.0K
General & Administrative	$18M
SG&A Expenses	$18M
Other Expenses	$12M
Operating Expenses	$30M
Cost & Expenses	$37M
OPERATING INCOME	$12M
Interest Income	$33M
Interest Expense	$5M
Other Income/Expenses	$0
INCOME BEFORE TAX	$12M
Income Tax Expense	$1M
Net Income from Continuing Ops	$10M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$10M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$10M
D&A	$2M
EBIT	$12M
EBITDA	$14M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$49M
Cost of Revenue	$7M
GROSS PROFIT	$42M
R&D Expenses	$0
Selling & Marketing	$589.0K
General & Administrative	$18M
SG&A Expenses	$18M
Other Expenses	$12M
Operating Expenses	$30M
Cost & Expenses	$37M
OPERATING INCOME	$12M
Interest Income	$33M
Interest Expense	$5M
Other Income/Expenses	$0
INCOME BEFORE TAX	$12M
Income Tax Expense	$1M
Net Income from Continuing Ops	$10M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$10M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$10M
D&A	$2M
EBIT	$12M
EBITDA	$14M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$10M
Depreciation & Amortization	$2M
Stock-Based Compensation	$223.0K
Deferred Income Tax	$969.0K
Other Non-Cash Items	$4M
Change in Working Capital	$4M
OPERATING CASH FLOW	$21M
Capital Expenditure	-$1M
Acquisitions (Net)	$0
Purchases of Investments	-$92M
Sales/Maturities of Investments	$86M
Other Investing Activities	-$56M
NET CASH FROM INVESTING	-$64M
Net Debt Issuance	-$10M
Common Stock Repurchased	-$7.0K
Common Dividends Paid	-$3M
Other Financing Activities	$59M
NET CASH FROM FINANCING	$45M
FREE CASH FLOW	$20M
Net Change in Cash	$3M

Balance Sheet

Item	Amount
Cash & Equivalents	$19M
Short-Term Investments	$388M
Net Receivables	$13M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$421M
PP&E (Net)	$21M
Goodwill	$18M
Intangible Assets	$3M
Long-Term Investments	$499M
Tax Assets	$0
Other Non-Current Assets	$24M
TOTAL NON-CURRENT ASSETS	$565M
TOTAL ASSETS	$986M
Account Payables	$13M
Short-Term Debt	$15M
Deferred Revenue	$0
Other Current Liabilities	$824M
TOTAL CURRENT LIABILITIES	$852M
Long-Term Debt	$42M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$0
TOTAL NON-CURRENT LIABILITIES	$42M
TOTAL LIABILITIES	$894M
Common Stock	$44.0K
Additional Paid-In Capital	$64M
Retained Earnings	$32M
Treasury Stock	$0
Accum. Other Comp. Income	-$4M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$92M
Minority Interest	$0
TOTAL EQUITY	$92M
TOTAL LIABILITIES & EQUITY	$986M
Total Debt	$57M
Net Debt	$38M