QCRH FY 2015 Earnings Report — QCR Holdings, Inc. Revenue & Financial Results | Market Cap Arena

QCR Holdings, Inc.QCRH

FY 2015 Earnings

Reported March 11, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2015	Prior Q	FY 2014	QoQ Change	YoY Change
Revenue	$111M	—	$105M	—	6.3%
Op. Income	$21M	—	$18M	—	14.5%
Gross Margin	81.5%	—	77.4%	—	4.2pp
Net Margin	15.2%	—	14.3%	—	0.9pp
EPS (Diluted)	$1.61	—	$1.72	—	-6.4%
Free Cash Flow	$26M	—	$24M	—	9.1%

Revenue Flow

Item	Amount
REVENUE	$111M
Cost of Revenue	$21M
GROSS PROFIT	$91M
R&D Expenses	$0
Selling & Marketing	$2M
General & Administrative	$46M
SG&A Expenses	$48M
Other Expenses	$23M
Operating Expenses	$70M
Cost & Expenses	$91M
OPERATING INCOME	$21M
Interest Income	$90M
Interest Expense	$14M
Other Income/Expenses	$0
INCOME BEFORE TAX	$21M
Income Tax Expense	$4M
Net Income from Continuing Ops	$17M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$17M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$17M
D&A	$3M
EBIT	$21M
EBITDA	$24M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$111M
Cost of Revenue	$21M
GROSS PROFIT	$91M
R&D Expenses	$0
Selling & Marketing	$2M
General & Administrative	$46M
SG&A Expenses	$48M
Other Expenses	$23M
Operating Expenses	$70M
Cost & Expenses	$91M
OPERATING INCOME	$21M
Interest Income	$90M
Interest Expense	$14M
Other Income/Expenses	$0
INCOME BEFORE TAX	$21M
Income Tax Expense	$4M
Net Income from Continuing Ops	$17M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$17M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$17M
D&A	$3M
EBIT	$21M
EBITDA	$24M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$17M
Depreciation & Amortization	$3M
Stock-Based Compensation	$941.5K
Deferred Income Tax	-$2M
Other Non-Cash Items	$14M
Change in Working Capital	-$3M
OPERATING CASH FLOW	$30M
Capital Expenditure	-$4M
Acquisitions (Net)	$0
Purchases of Investments	-$232M
Sales/Maturities of Investments	$309M
Other Investing Activities	-$138M
NET CASH FROM INVESTING	-$66M
Net Debt Issuance	-$226M
Common Stock Repurchased	$0
Common Dividends Paid	-$782.1K
Other Financing Activities	$201M
NET CASH FROM FINANCING	$39M
FREE CASH FLOW	$26M
Net Change in Cash	$4M

Balance Sheet

Item	Amount
Cash & Equivalents	$78M
Short-Term Investments	$323M
Net Receivables	$174M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$575M
PP&E (Net)	$37M
Goodwill	$3M
Intangible Assets	$1M
Long-Term Investments	$1.9B
Tax Assets	$0
Other Non-Current Assets	$124M
TOTAL NON-CURRENT ASSETS	$2.0B
TOTAL ASSETS	$2.6B
Account Payables	$0
Short-Term Debt	$255M
Deferred Revenue	$0
Other Current Liabilities	$1.9B
TOTAL CURRENT LIABILITIES	$2.1B
Long-Term Debt	$189M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$42M
TOTAL NON-CURRENT LIABILITIES	$232M
TOTAL LIABILITIES	$2.4B
Common Stock	$12M
Additional Paid-In Capital	$123M
Retained Earnings	$93M
Treasury Stock	$0
Accum. Other Comp. Income	-$2M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$226M
Minority Interest	$0
TOTAL EQUITY	$226M
TOTAL LIABILITIES & EQUITY	$2.6B
Total Debt	$444M
Net Debt	$366M