PFIS FY 2010 Earnings Report — Peoples Financial Services Corp. Revenue & Financial Results | Market Cap Arena

Peoples Financial Services Corp.PFIS

FY 2010 Earnings

Reported March 16, 2011

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2010	Prior Q	FY 2009	QoQ Change	YoY Change
Revenue	$30M	—	$28M	—	9.0%
Op. Income	$8M	—	$6M	—	32.7%
Gross Margin	71.0%	—	67.4%	—	3.7pp
Net Margin	21.6%	—	18.3%	—	3.3pp
EPS (Diluted)	$2.06	—	$1.61	—	28.0%
Free Cash Flow	$10M	—	$3M	—	179.3%

Revenue Flow

Item	Amount
REVENUE	$30M
Cost of Revenue	$9M
GROSS PROFIT	$21M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$5M
SG&A Expenses	$5M
Other Expenses	$8M
Operating Expenses	$13M
Cost & Expenses	$22M
OPERATING INCOME	$8M
Interest Income	$26M
Interest Expense	$6M
Other Income/Expenses	$0
INCOME BEFORE TAX	$8M
Income Tax Expense	$1M
Net Income from Continuing Ops	$6M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$6M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$6M
D&A	$977.0K
EBIT	$8M
EBITDA	$9M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$30M
Cost of Revenue	$9M
GROSS PROFIT	$21M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$5M
SG&A Expenses	$5M
Other Expenses	$8M
Operating Expenses	$13M
Cost & Expenses	$22M
OPERATING INCOME	$8M
Interest Income	$26M
Interest Expense	$6M
Other Income/Expenses	$0
INCOME BEFORE TAX	$8M
Income Tax Expense	$1M
Net Income from Continuing Ops	$6M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$6M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$6M
D&A	$977.0K
EBIT	$8M
EBITDA	$9M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$6M
Depreciation & Amortization	$977.0K
Stock-Based Compensation	$0
Deferred Income Tax	-$188.0K
Other Non-Cash Items	$2M
Change in Working Capital	$2M
OPERATING CASH FLOW	$11M
Capital Expenditure	-$1M
Acquisitions (Net)	$0
Purchases of Investments	-$73M
Sales/Maturities of Investments	$85M
Other Investing Activities	-$55M
NET CASH FROM INVESTING	-$45M
Net Debt Issuance	$7M
Common Stock Repurchased	$0
Common Dividends Paid	-$2M
Other Financing Activities	$29M
NET CASH FROM FINANCING	$33M
FREE CASH FLOW	$10M
Net Change in Cash	-$1M

Balance Sheet

Item	Amount
Cash & Equivalents	$7M
Short-Term Investments	$0
Net Receivables	$3M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$11M
PP&E (Net)	$8M
Goodwill	$0
Intangible Assets	$1M
Long-Term Investments	$511M
Tax Assets	$2M
Other Non-Current Assets	$25M
TOTAL NON-CURRENT ASSETS	$547M
TOTAL ASSETS	$559M
Account Payables	$311.0K
Short-Term Debt	$39M
Deferred Revenue	$0
Other Current Liabilities	$439M
TOTAL CURRENT LIABILITIES	$478M
Long-Term Debt	$27M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$3M
TOTAL NON-CURRENT LIABILITIES	$30M
TOTAL LIABILITIES	$508M
Common Stock	$7M
Additional Paid-In Capital	$3M
Retained Earnings	$46M
Treasury Stock	-$4M
Accum. Other Comp. Income	-$834.0K
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$51M
Minority Interest	$0
TOTAL EQUITY	$51M
TOTAL LIABILITIES & EQUITY	$559M
Total Debt	$66M
Net Debt	$59M