RVSB FY 2022 Earnings Report — Riverview Bancorp, Inc. Revenue & Financial Results | Market Cap Arena

Riverview Bancorp, Inc.RVSB

FY 2022 Earnings

Reported June 15, 2022

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2022	Prior Q	FY 2021	QoQ Change	YoY Change
Revenue	$63M	—	$59M	—	5.3%
Op. Income	$28M	—	$13M	—	110.2%
Gross Margin	103.9%	—	83.6%	—	20.2pp
Net Margin	34.9%	—	17.6%	—	17.3pp
EPS (Diluted)	$0.98	—	$0.47	—	108.5%
Free Cash Flow	$13M	—	$21M	—	-35.9%

Revenue Flow

Item	Amount
REVENUE	$63M
Cost of Revenue	-$2M
GROSS PROFIT	$65M
R&D Expenses	$0
Selling & Marketing	$614.0K
General & Administrative	$24M
SG&A Expenses	$25M
Other Expenses	$12M
Operating Expenses	$37M
Cost & Expenses	$34M
OPERATING INCOME	$28M
Interest Income	$50M
Interest Expense	$2M
Other Income/Expenses	$0
INCOME BEFORE TAX	$28M
Income Tax Expense	$6M
Net Income from Continuing Ops	$22M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$22M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$22M
D&A	$4M
EBIT	$28M
EBITDA	$32M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$63M
Cost of Revenue	-$2M
GROSS PROFIT	$65M
R&D Expenses	$0
Selling & Marketing	$614.0K
General & Administrative	$24M
SG&A Expenses	$25M
Other Expenses	$12M
Operating Expenses	$37M
Cost & Expenses	$34M
OPERATING INCOME	$28M
Interest Income	$50M
Interest Expense	$2M
Other Income/Expenses	$0
INCOME BEFORE TAX	$28M
Income Tax Expense	$6M
Net Income from Continuing Ops	$22M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$22M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$22M
D&A	$4M
EBIT	$28M
EBITDA	$32M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$22M
Depreciation & Amortization	$4M
Stock-Based Compensation	$319.0K
Deferred Income Tax	$1M
Other Non-Cash Items	-$9M
Change in Working Capital	-$1M
OPERATING CASH FLOW	$16M
Capital Expenditure	-$3M
Acquisitions (Net)	$0
Purchases of Investments	-$225M
Sales/Maturities of Investments	$47M
Other Investing Activities	-$41M
NET CASH FROM INVESTING	-$222M
Net Debt Issuance	-$46.0K
Common Stock Repurchased	-$2M
Common Dividends Paid	-$5M
Other Financing Activities	$188M
NET CASH FROM FINANCING	$181M
FREE CASH FLOW	$13M
Net Change in Cash	-$24M

Balance Sheet

Item	Amount
Cash & Equivalents	$242M
Short-Term Investments	$166M
Net Receivables	$5M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$425M
PP&E (Net)	$19M
Goodwill	$27M
Intangible Assets	$529.0K
Long-Term Investments	$1.2B
Tax Assets	$8M
Other Non-Current Assets	$33M
TOTAL NON-CURRENT ASSETS	$1.3B
TOTAL ASSETS	$1.7B
Account Payables	$19M
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$1.5B
TOTAL CURRENT LIABILITIES	$1.6B
Long-Term Debt	$27M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$555.0K
TOTAL NON-CURRENT LIABILITIES	$30M
TOTAL LIABILITIES	$1.6B
Common Stock	$221.0K
Additional Paid-In Capital	$62M
Retained Earnings	$105M
Treasury Stock	$0
Accum. Other Comp. Income	-$10M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$157M
Minority Interest	$0
TOTAL EQUITY	$157M
TOTAL LIABILITIES & EQUITY	$1.7B
Total Debt	$29M
Net Debt	-$213M