RBKB FY 2018 Earnings Report — Rhinebeck Bancorp, Inc. Revenue & Financial Results | Market Cap Arena

Rhinebeck Bancorp, Inc.RBKB

FY 2018 Earnings

Reported March 29, 2019

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2018	Prior Q	FY 2017	QoQ Change	YoY Change
Revenue	$39M	—	$34M	—	14.7%
Op. Income	$5M	—	$7M	—	-18.6%
Gross Margin	81.1%	—	87.7%	—	-6.6pp
Net Margin	11.1%	—	8.8%	—	2.3pp
EPS (Diluted)	$1.05	—	$0.72	—	45.8%
Free Cash Flow	$7M	—	$5M	—	59.1%

Revenue Flow

Item	Amount
REVENUE	$39M
Cost of Revenue	$7M
GROSS PROFIT	$32M
R&D Expenses	$0
Selling & Marketing	$724.0K
General & Administrative	$16M
SG&A Expenses	$17M
Other Expenses	$9M
Operating Expenses	$26M
Cost & Expenses	$34M
OPERATING INCOME	$5M
Interest Income	$34M
Interest Expense	$5M
Other Income/Expenses	$0
INCOME BEFORE TAX	$5M
Income Tax Expense	$1M
Net Income from Continuing Ops	$4M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$4M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$4M
D&A	$1M
EBIT	$5M
EBITDA	$7M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$39M
Cost of Revenue	$7M
GROSS PROFIT	$32M
R&D Expenses	$0
Selling & Marketing	$724.0K
General & Administrative	$16M
SG&A Expenses	$17M
Other Expenses	$9M
Operating Expenses	$26M
Cost & Expenses	$34M
OPERATING INCOME	$5M
Interest Income	$34M
Interest Expense	$5M
Other Income/Expenses	$0
INCOME BEFORE TAX	$5M
Income Tax Expense	$1M
Net Income from Continuing Ops	$4M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$4M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$4M
D&A	$1M
EBIT	$5M
EBITDA	$7M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$4M
Depreciation & Amortization	$1M
Stock-Based Compensation	$0
Deferred Income Tax	$102.0K
Other Non-Cash Items	$4M
Change in Working Capital	-$1M
OPERATING CASH FLOW	$9M
Capital Expenditure	-$1M
Acquisitions (Net)	$0
Purchases of Investments	-$4M
Sales/Maturities of Investments	$17M
Other Investing Activities	-$116M
NET CASH FROM INVESTING	-$104M
Net Debt Issuance	$22M
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	$35M
NET CASH FROM FINANCING	$136M
FREE CASH FLOW	$7M
Net Change in Cash	$40M

Balance Sheet

Item	Amount
Cash & Equivalents	$51M
Short-Term Investments	$101M
Net Receivables	$3M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$154M
PP&E (Net)	$17M
Goodwill	$1M
Intangible Assets	$284.0K
Long-Term Investments	$678M
Tax Assets	$3M
Other Non-Current Assets	$28M
TOTAL NON-CURRENT ASSETS	$728M
TOTAL ASSETS	$882M
Account Payables	$0
Short-Term Debt	$5M
Deferred Revenue	$0
Other Current Liabilities	$684M
TOTAL CURRENT LIABILITIES	$700M
Long-Term Debt	$37M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$4M
Other Non-Current Liabilities	$87M
TOTAL NON-CURRENT LIABILITIES	$124M
TOTAL LIABILITIES	$823M
Common Stock	$0
Additional Paid-In Capital	$100.0K
Retained Earnings	$66M
Treasury Stock	$0
Accum. Other Comp. Income	-$7M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$59M
Minority Interest	$0
TOTAL EQUITY	$59M
TOTAL LIABILITIES & EQUITY	$882M
Total Debt	$42M
Net Debt	-$9M