RRBI FY 2020 Earnings Report — Red River Bancshares, Inc. Revenue & Financial Results | Market Cap Arena

Red River Bancshares, Inc.RRBI

FY 2020 Earnings

Reported March 19, 2021

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2020	Prior Q	FY 2019	QoQ Change	YoY Change
Revenue	$99M	—	$89M	—	12.4%
Op. Income	$34M	—	$30M	—	13.1%
Gross Margin	85.3%	—	86.6%	—	-1.3pp
Net Margin	28.3%	—	28.0%	—	0.3pp
EPS (Diluted)	$3.83	—	$3.49	—	9.7%
Free Cash Flow	$6M	—	$23M	—	-74.6%

Revenue Flow

Item	Amount
REVENUE	$99M
Cost of Revenue	$15M
GROSS PROFIT	$85M
R&D Expenses	$0
Selling & Marketing	$933.0K
General & Administrative	$31M
SG&A Expenses	$32M
Other Expenses	$18M
Operating Expenses	$50M
Cost & Expenses	$65M
OPERATING INCOME	$34M
Interest Income	$77M
Interest Expense	$8M
Other Income/Expenses	$0
INCOME BEFORE TAX	$34M
Income Tax Expense	$6M
Net Income from Continuing Ops	$28M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$28M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$28M
D&A	$2M
EBIT	$34M
EBITDA	$37M
EPS	$4
EPS Diluted	$4

Income Statement

Item	Amount
REVENUE	$99M
Cost of Revenue	$15M
GROSS PROFIT	$85M
R&D Expenses	$0
Selling & Marketing	$933.0K
General & Administrative	$31M
SG&A Expenses	$32M
Other Expenses	$18M
Operating Expenses	$50M
Cost & Expenses	$65M
OPERATING INCOME	$34M
Interest Income	$77M
Interest Expense	$8M
Other Income/Expenses	$0
INCOME BEFORE TAX	$34M
Income Tax Expense	$6M
Net Income from Continuing Ops	$28M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$28M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$28M
D&A	$2M
EBIT	$34M
EBITDA	$37M
EPS	$4
EPS Diluted	$4

Cash Flow Statement

Item	Amount
Net Income	$28M
Depreciation & Amortization	$2M
Stock-Based Compensation	$338.0K
Deferred Income Tax	$130.0K
Other Non-Cash Items	$8M
Change in Working Capital	-$27M
OPERATING CASH FLOW	$13M
Capital Expenditure	-$7M
Acquisitions (Net)	$0
Purchases of Investments	-$422M
Sales/Maturities of Investments	$264M
Other Investing Activities	-$152M
NET CASH FROM INVESTING	-$316M
Net Debt Issuance	$0
Common Stock Repurchased	-$122.0K
Common Dividends Paid	-$2M
Other Financing Activities	$619M
NET CASH FROM FINANCING	$617M
FREE CASH FLOW	$6M
Net Change in Cash	$314M

Balance Sheet

Item	Amount
Cash & Equivalents	$447M
Short-Term Investments	$498M
Net Receivables	$7M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$952M
PP&E (Net)	$51M
Goodwill	$2M
Intangible Assets	$0
Long-Term Investments	$1.6B
Tax Assets	$0
Other Non-Current Assets	$31M
TOTAL NON-CURRENT ASSETS	$1.7B
TOTAL ASSETS	$2.6B
Account Payables	$2M
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$2.3B
TOTAL CURRENT LIABILITIES	$2.4B
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$0
TOTAL NON-CURRENT LIABILITIES	$4M
TOTAL LIABILITIES	$2.4B
Common Stock	$68M
Additional Paid-In Capital	$2M
Retained Earnings	$209M
Treasury Stock	$0
Accum. Other Comp. Income	$7M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$285M
Minority Interest	$0
TOTAL EQUITY	$285M
TOTAL LIABILITIES & EQUITY	$2.6B
Total Debt	$4M
Net Debt	-$443M