MPB FY 2017 Earnings Report — Mid Penn Bancorp, Inc. Revenue & Financial Results | Market Cap Arena

Mid Penn Bancorp, Inc.MPB

FY 2017 Earnings

Reported March 13, 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	$50M	—	$46M	—	7.8%
Op. Income	$12M	—	$10M	—	15.0%
Gross Margin	86.6%	—	84.2%	—	2.4pp
Net Margin	14.3%	—	17.0%	—	-2.7pp
EPS (Diluted)	$1.67	—	$1.85	—	-9.7%
Free Cash Flow	$5M	—	$21M	—	-76.2%

Revenue Flow

Item	Amount
REVENUE	$50M
Cost of Revenue	$7M
GROSS PROFIT	$43M
R&D Expenses	$0
Selling & Marketing	$516.0K
General & Administrative	$21M
SG&A Expenses	$21M
Other Expenses	$10M
Operating Expenses	$31M
Cost & Expenses	$38M
OPERATING INCOME	$12M
Interest Income	$44M
Interest Expense	$6M
Other Income/Expenses	$0
INCOME BEFORE TAX	$12M
Income Tax Expense	$5M
Net Income from Continuing Ops	$7M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$7M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$7M
D&A	$2M
EBIT	$12M
EBITDA	$13M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$50M
Cost of Revenue	$7M
GROSS PROFIT	$43M
R&D Expenses	$0
Selling & Marketing	$516.0K
General & Administrative	$21M
SG&A Expenses	$21M
Other Expenses	$10M
Operating Expenses	$31M
Cost & Expenses	$38M
OPERATING INCOME	$12M
Interest Income	$44M
Interest Expense	$6M
Other Income/Expenses	$0
INCOME BEFORE TAX	$12M
Income Tax Expense	$5M
Net Income from Continuing Ops	$7M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$7M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$7M
D&A	$2M
EBIT	$12M
EBITDA	$13M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$7M
Depreciation & Amortization	$2M
Stock-Based Compensation	$145.0K
Deferred Income Tax	$2M
Other Non-Cash Items	$2M
Change in Working Capital	-$1M
OPERATING CASH FLOW	$12M
Capital Expenditure	-$7M
Acquisitions (Net)	$0
Purchases of Investments	-$125M
Sales/Maturities of Investments	$64M
Other Investing Activities	-$96M
NET CASH FROM INVESTING	-$164M
Net Debt Issuance	$43M
Common Stock Repurchased	$0
Common Dividends Paid	-$2M
Other Financing Activities	$88M
NET CASH FROM FINANCING	$129M
FREE CASH FLOW	$5M
Net Change in Cash	-$22M

Balance Sheet

Item	Amount
Cash & Equivalents	$23M
Short-Term Investments	$93M
Net Receivables	$5M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$121M
PP&E (Net)	$16M
Goodwill	$4M
Intangible Assets	$434.0K
Long-Term Investments	$1.0B
Tax Assets	$2M
Other Non-Current Assets	$22M
TOTAL NON-CURRENT ASSETS	$1.0B
TOTAL ASSETS	$1.2B
Account Payables	$645.0K
Short-Term Debt	$35M
Deferred Revenue	$0
Other Current Liabilities	$1.0B
TOTAL CURRENT LIABILITIES	$1.1B
Long-Term Debt	$30M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$6M
TOTAL NON-CURRENT LIABILITIES	$36M
TOTAL LIABILITIES	$1.1B
Common Stock	$4M
Additional Paid-In Capital	$41M
Retained Earnings	$33M
Treasury Stock	$0
Accum. Other Comp. Income	-$2M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$76M
Minority Interest	$0
TOTAL EQUITY	$76M
TOTAL LIABILITIES & EQUITY	$1.2B
Total Debt	$64M
Net Debt	$41M