PDLB FY 2021 Earnings Report — Ponce Financial Group, Inc. Revenue & Financial Results | Market Cap Arena

Ponce Financial Group, Inc.PDLB

FY 2021 Earnings

Reported March 31, 2022

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2021	Prior Q	FY 2020	QoQ Change	YoY Change
Revenue	$78M	—	$61M	—	27.3%
Op. Income	$34M	—	$5M	—	542.3%
Gross Margin	85.9%	—	77.3%	—	8.5pp
Net Margin	32.8%	—	6.3%	—	26.4pp
EPS (Diluted)	$1.51	—	$0.23	—	556.5%
Free Cash Flow	$14M	—	-$29M	—	148.9%

Revenue Flow

Item	Amount
REVENUE	$78M
Cost of Revenue	$11M
GROSS PROFIT	$67M
R&D Expenses	$0
Selling & Marketing	$206.0K
General & Administrative	$24M
SG&A Expenses	$25M
Other Expenses	$8M
Operating Expenses	$33M
Cost & Expenses	$44M
OPERATING INCOME	$34M
Interest Income	$67M
Interest Expense	$8M
Other Income/Expenses	$0
INCOME BEFORE TAX	$34M
Income Tax Expense	$8M
Net Income from Continuing Ops	$25M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$25M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$25M
D&A	$2M
EBIT	$34M
EBITDA	$36M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$78M
Cost of Revenue	$11M
GROSS PROFIT	$67M
R&D Expenses	$0
Selling & Marketing	$206.0K
General & Administrative	$24M
SG&A Expenses	$25M
Other Expenses	$8M
Operating Expenses	$33M
Cost & Expenses	$44M
OPERATING INCOME	$34M
Interest Income	$67M
Interest Expense	$8M
Other Income/Expenses	$0
INCOME BEFORE TAX	$34M
Income Tax Expense	$8M
Net Income from Continuing Ops	$25M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$25M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$25M
D&A	$2M
EBIT	$34M
EBITDA	$36M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$25M
Depreciation & Amortization	$2M
Stock-Based Compensation	$3M
Deferred Income Tax	$1M
Other Non-Cash Items	-$18M
Change in Working Capital	$4M
OPERATING CASH FLOW	$19M
Capital Expenditure	-$4M
Acquisitions (Net)	$0
Purchases of Investments	-$110M
Sales/Maturities of Investments	$13M
Other Investing Activities	-$110M
NET CASH FROM INVESTING	-$211M
Net Debt Issuance	-$26M
Common Stock Repurchased	-$2M
Common Dividends Paid	$0
Other Financing Activities	$297M
NET CASH FROM FINANCING	$274M
FREE CASH FLOW	$14M
Net Change in Cash	$82M

Balance Sheet

Item	Amount
Cash & Equivalents	$156M
Short-Term Investments	$113M
Net Receivables	$12M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$282M
PP&E (Net)	$20M
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$1.3B
Tax Assets	$4M
Other Non-Current Assets	$26M
TOTAL NON-CURRENT ASSETS	$1.4B
TOTAL ASSETS	$1.7B
Account Payables	$228.0K
Short-Term Debt	$15M
Deferred Revenue	$0
Other Current Liabilities	$1.2B
TOTAL CURRENT LIABILITIES	$1.2B
Long-Term Debt	$106M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$138M
TOTAL NON-CURRENT LIABILITIES	$244M
TOTAL LIABILITIES	$1.5B
Common Stock	$185.0K
Additional Paid-In Capital	$86M
Retained Earnings	$123M
Treasury Stock	-$14M
Accum. Other Comp. Income	-$1M
Other Equity	-$4M
TOTAL STOCKHOLDERS' EQUITY	$189M
Minority Interest	$0
TOTAL EQUITY	$189M
TOTAL LIABILITIES & EQUITY	$1.7B
Total Debt	$121M
Net Debt	-$35M