OVLY FY 2020 Earnings Report — Oak Valley Bancorp Revenue & Financial Results | Market Cap Arena

Oak Valley BancorpOVLY

FY 2020 Earnings

Reported March 31, 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	$51M	—	$48M	—	6.9%
Op. Income	$18M	—	$17M	—	6.3%
Gross Margin	93.5%	—	95.6%	—	-2.1pp
Net Margin	26.9%	—	26.2%	—	0.7pp
EPS (Diluted)	$1.68	—	$1.54	—	9.1%
Free Cash Flow	$18M	—	$16M	—	10.6%

Revenue Flow

Item	Amount
REVENUE	$51M
Cost of Revenue	$3M
GROSS PROFIT	$48M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$18M
SG&A Expenses	$18M
Other Expenses	$12M
Operating Expenses	$30M
Cost & Expenses	$33M
OPERATING INCOME	$18M
Interest Income	$46M
Interest Expense	$1M
Other Income/Expenses	$0
INCOME BEFORE TAX	$18M
Income Tax Expense	$4M
Net Income from Continuing Ops	$14M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$14M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$14M
D&A	$1M
EBIT	$18M
EBITDA	$19M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$51M
Cost of Revenue	$3M
GROSS PROFIT	$48M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$18M
SG&A Expenses	$18M
Other Expenses	$12M
Operating Expenses	$30M
Cost & Expenses	$33M
OPERATING INCOME	$18M
Interest Income	$46M
Interest Expense	$1M
Other Income/Expenses	$0
INCOME BEFORE TAX	$18M
Income Tax Expense	$4M
Net Income from Continuing Ops	$14M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$14M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$14M
D&A	$1M
EBIT	$18M
EBITDA	$19M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$14M
Depreciation & Amortization	$1M
Stock-Based Compensation	$549.0K
Deferred Income Tax	$0
Other Non-Cash Items	$2M
Change in Working Capital	$2M
OPERATING CASH FLOW	$19M
Capital Expenditure	-$2M
Acquisitions (Net)	$0
Purchases of Investments	-$70M
Sales/Maturities of Investments	$49M
Other Investing Activities	-$262M
NET CASH FROM INVESTING	-$286M
Net Debt Issuance	$0
Common Stock Repurchased	-$110.0K
Common Dividends Paid	-$2M
Other Financing Activities	$348M
NET CASH FROM FINANCING	$345M
FREE CASH FLOW	$18M
Net Change in Cash	$79M

Balance Sheet

Item	Amount
Cash & Equivalents	$194M
Short-Term Investments	$217M
Net Receivables	$6M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$417M
PP&E (Net)	$20M
Goodwill	$3M
Intangible Assets	$427.0K
Long-Term Investments	$1.0B
Tax Assets	$1M
Other Non-Current Assets	$63M
TOTAL NON-CURRENT ASSETS	$1.1B
TOTAL ASSETS	$1.5B
Account Payables	$14M
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$1.4B
TOTAL CURRENT LIABILITIES	$1.4B
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$0
TOTAL NON-CURRENT LIABILITIES	$0
TOTAL LIABILITIES	$1.4B
Common Stock	$25M
Additional Paid-In Capital	$4M
Retained Earnings	$92M
Treasury Stock	$0
Accum. Other Comp. Income	$8M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$130M
Minority Interest	$0
TOTAL EQUITY	$130M
TOTAL LIABILITIES & EQUITY	$1.5B
Total Debt	$0
Net Debt	-$194M