LARK FY 2020 Earnings Report — Landmark Bancorp, Inc. Revenue & Financial Results | Market Cap Arena

Landmark Bancorp, Inc.LARK

FY 2020 Earnings

Reported March 22, 2021

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	$67M	—	$53M	—	25.9%
Op. Income	$24M	—	$12M	—	100.4%
Gross Margin	90.9%	—	84.6%	—	6.3pp
Net Margin	29.3%	—	20.1%	—	9.1pp
EPS (Diluted)	$3.37	—	$1.81	—	86.2%
Free Cash Flow	$14M	—	$8M	—	79.1%

Revenue Flow

Item	Amount
REVENUE	$67M
Cost of Revenue	$6M
GROSS PROFIT	$61M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$21M
SG&A Expenses	$21M
Other Expenses	$16M
Operating Expenses	$36M
Cost & Expenses	$42M
OPERATING INCOME	$24M
Interest Income	$39M
Interest Expense	$3M
Other Income/Expenses	$0
INCOME BEFORE TAX	$24M
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	$0
BOTTOM LINE NET INCOME	$19M
D&A	$3M
EBIT	$24M
EBITDA	$27M
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$67M
Cost of Revenue	$6M
GROSS PROFIT	$61M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$21M
SG&A Expenses	$21M
Other Expenses	$16M
Operating Expenses	$36M
Cost & Expenses	$42M
OPERATING INCOME	$24M
Interest Income	$39M
Interest Expense	$3M
Other Income/Expenses	$0
INCOME BEFORE TAX	$24M
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	$0
BOTTOM LINE NET INCOME	$19M
D&A	$3M
EBIT	$24M
EBITDA	$27M
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$19M
Depreciation & Amortization	$3M
Stock-Based Compensation	$304.0K
Deferred Income Tax	-$503.0K
Other Non-Cash Items	-$8M
Change in Working Capital	$1M
OPERATING CASH FLOW	$15M
Capital Expenditure	-$359.0K
Acquisitions (Net)	$0
Purchases of Investments	-$46M
Sales/Maturities of Investments	$0
Other Investing Activities	-$58M
NET CASH FROM INVESTING	-$105M
Net Debt Issuance	-$3M
Common Stock Repurchased	-$2M
Common Dividends Paid	-$4M
Other Financing Activities	$170M
NET CASH FROM FINANCING	$161M
FREE CASH FLOW	$14M
Net Change in Cash	$71M

Balance Sheet

Item	Amount
Cash & Equivalents	$90M
Short-Term Investments	$292M
Net Receivables	$14M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$396M
PP&E (Net)	$20M
Goodwill	$18M
Intangible Assets	$4M
Long-Term Investments	$723M
Tax Assets	$0
Other Non-Current Assets	$27M
TOTAL NON-CURRENT ASSETS	$792M
TOTAL ASSETS	$1.2B
Account Payables	$17M
Short-Term Debt	$6M
Deferred Revenue	$0
Other Current Liabilities	$1.0B
TOTAL CURRENT LIABILITIES	$1.0B
Long-Term Debt	$22M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$0
TOTAL NON-CURRENT LIABILITIES	$22M
TOTAL LIABILITIES	$1.1B
Common Stock	$48.0K
Additional Paid-In Capital	$72M
Retained Earnings	$45M
Treasury Stock	$0
Accum. Other Comp. Income	$9M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$127M
Minority Interest	$0
TOTAL EQUITY	$127M
TOTAL LIABILITIES & EQUITY	$1.2B
Total Debt	$28M
Net Debt	-$62M