NWFL FY 2007 Earnings Report — Norwood Financial Corp. Revenue & Financial Results | Market Cap Arena

Norwood Financial Corp.NWFL

FY 2007 Earnings

Reported March 14, 2008

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2007	Prior Q	FY 2006	QoQ Change	YoY Change
Revenue	$33M	—	$30M	—	11.0%
Op. Income	$9M	—	$9M	—	6.4%
Gross Margin	62.5%	—	66.2%	—	-3.7pp
Net Margin	19.9%	—	20.0%	—	-0.1pp
EPS (Diluted)	$1.39	—	$1.25	—	11.2%
Free Cash Flow	$3M	—	$12M	—	-70.8%

Revenue Flow

Item	Amount
REVENUE	$33M
Cost of Revenue	$12M
GROSS PROFIT	$20M
R&D Expenses	$0
Selling & Marketing	$235.0K
General & Administrative	$6M
SG&A Expenses	$6M
Other Expenses	$5M
Operating Expenses	$11M
Cost & Expenses	$24M
OPERATING INCOME	$9M
Interest Income	$29M
Interest Expense	$12M
Other Income/Expenses	$0
INCOME BEFORE TAX	$9M
Income Tax Expense	$3M
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	$731.0K
EBIT	$9M
EBITDA	$10M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$33M
Cost of Revenue	$12M
GROSS PROFIT	$20M
R&D Expenses	$0
Selling & Marketing	$235.0K
General & Administrative	$6M
SG&A Expenses	$6M
Other Expenses	$5M
Operating Expenses	$11M
Cost & Expenses	$24M
OPERATING INCOME	$9M
Interest Income	$29M
Interest Expense	$12M
Other Income/Expenses	$0
INCOME BEFORE TAX	$9M
Income Tax Expense	$3M
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	$731.0K
EBIT	$9M
EBITDA	$10M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$7M
Depreciation & Amortization	$731.0K
Stock-Based Compensation	$0
Deferred Income Tax	-$151.0K
Other Non-Cash Items	$237.0K
Change in Working Capital	-$4M
OPERATING CASH FLOW	$4M
Capital Expenditure	-$287.0K
Acquisitions (Net)	$0
Purchases of Investments	-$62M
Sales/Maturities of Investments	$53M
Other Investing Activities	-$16M
NET CASH FROM INVESTING	-$26M
Net Debt Issuance	$14M
Common Stock Repurchased	$0
Common Dividends Paid	-$3M
Other Financing Activities	$12M
NET CASH FROM FINANCING	$22M
FREE CASH FLOW	$3M
Net Change in Cash	-$453.0K

Balance Sheet

Item	Amount
Cash & Equivalents	$9M
Short-Term Investments	$0
Net Receivables	$2M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$11M
PP&E (Net)	$6M
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$452M
Tax Assets	$0
Other Non-Current Assets	$12M
TOTAL NON-CURRENT ASSETS	$469M
TOTAL ASSETS	$481M
Account Payables	$3M
Short-Term Debt	$27M
Deferred Revenue	$0
Other Current Liabilities	$370M
TOTAL CURRENT LIABILITIES	$400M
Long-Term Debt	$23M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$2M
TOTAL NON-CURRENT LIABILITIES	$25M
TOTAL LIABILITIES	$425M
Common Stock	$284.0K
Additional Paid-In Capital	$10M
Retained Earnings	$47M
Treasury Stock	-$3M
Accum. Other Comp. Income	$1M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$56M
Minority Interest	$0
TOTAL EQUITY	$56M
TOTAL LIABILITIES & EQUITY	$481M
Total Debt	$50M
Net Debt	$41M