PBFS FY 2019 Earnings Report — Pioneer Bancorp, Inc. Revenue & Financial Results | Market Cap Arena

Pioneer Bancorp, Inc.PBFS

FY 2019 Earnings

Reported December 10, 2019

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2019	Prior Q	FY 2018	QoQ Change	YoY Change
Revenue	$69M	—	$59M	—	15.6%
Op. Income	$8M	—	$18M	—	-54.8%
Gross Margin	67.0%	—	91.3%	—	-24.3pp
Net Margin	10.7%	—	19.4%	—	-8.7pp
EPS (Diluted)	$0.65	—	$1.03	—	-36.9%
Free Cash Flow	$4M	—	$15M	—	-74.3%

Revenue Flow

Item	Amount
REVENUE	$69M
Cost of Revenue	$23M
GROSS PROFIT	$46M
R&D Expenses	$0
Selling & Marketing	$925.0K
General & Administrative	$23M
SG&A Expenses	$24M
Other Expenses	$14M
Operating Expenses	$38M
Cost & Expenses	$61M
OPERATING INCOME	$8M
Interest Income	$54M
Interest Expense	$4M
Other Income/Expenses	$0
INCOME BEFORE TAX	$8M
Income Tax Expense	$737.0K
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	$3M
EBIT	$8M
EBITDA	$11M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$69M
Cost of Revenue	$23M
GROSS PROFIT	$46M
R&D Expenses	$0
Selling & Marketing	$925.0K
General & Administrative	$23M
SG&A Expenses	$24M
Other Expenses	$14M
Operating Expenses	$38M
Cost & Expenses	$61M
OPERATING INCOME	$8M
Interest Income	$54M
Interest Expense	$4M
Other Income/Expenses	$0
INCOME BEFORE TAX	$8M
Income Tax Expense	$737.0K
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	$3M
EBIT	$8M
EBITDA	$11M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$7M
Depreciation & Amortization	$3M
Stock-Based Compensation	$0
Deferred Income Tax	-$63.0K
Other Non-Cash Items	$18M
Change in Working Capital	-$22M
OPERATING CASH FLOW	$6M
Capital Expenditure	-$2M
Acquisitions (Net)	$0
Purchases of Investments	-$72M
Sales/Maturities of Investments	$67M
Other Investing Activities	-$70M
NET CASH FROM INVESTING	-$78M
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	$182M
NET CASH FROM FINANCING	$182M
FREE CASH FLOW	$4M
Net Change in Cash	$110M

Balance Sheet

Item	Amount
Cash & Equivalents	$228M
Short-Term Investments	$87M
Net Receivables	$4M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$319M
PP&E (Net)	$42M
Goodwill	$7M
Intangible Assets	$3M
Long-Term Investments	$1.1B
Tax Assets	$0
Other Non-Current Assets	$47M
TOTAL NON-CURRENT ASSETS	$1.1B
TOTAL ASSETS	$1.5B
Account Payables	$0
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$1.3B
TOTAL CURRENT LIABILITIES	$1.3B
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$8M
TOTAL NON-CURRENT LIABILITIES	$8M
TOTAL LIABILITIES	$1.3B
Common Stock	$0
Additional Paid-In Capital	$0
Retained Earnings	$134M
Treasury Stock	$0
Accum. Other Comp. Income	-$11M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$123M
Minority Interest	$0
TOTAL EQUITY	$123M
TOTAL LIABILITIES & EQUITY	$1.5B
Total Debt	$0
Net Debt	-$228M