TSBK FY 2015 Earnings Report — Timberland Bancorp, Inc. Revenue & Financial Results | Market Cap Arena

Timberland Bancorp, Inc.TSBK

FY 2015 Earnings

Reported December 7, 2015

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	$38M	—	$36M	—	6.4%
Op. Income	$12M	—	$9M	—	44.3%
Gross Margin	93.8%	—	89.1%	—	4.8pp
Net Margin	21.6%	—	16.2%	—	5.4pp
EPS (Diluted)	$1.17	—	$0.80	—	46.2%
Free Cash Flow	$7M	—	$7M	—	-6.3%

Revenue Flow

Item	Amount
REVENUE	$38M
Cost of Revenue	$2M
GROSS PROFIT	$36M
R&D Expenses	$0
Selling & Marketing	$779.0K
General & Administrative	$16M
SG&A Expenses	$17M
Other Expenses	$7M
Operating Expenses	$24M
Cost & Expenses	$26M
OPERATING INCOME	$12M
Interest Income	$31M
Interest Expense	$4M
Other Income/Expenses	$0
INCOME BEFORE TAX	$12M
Income Tax Expense	$4M
Net Income from Continuing Ops	$8M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$8M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$8M
D&A	$2M
EBIT	$13M
EBITDA	$15M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$38M
Cost of Revenue	$2M
GROSS PROFIT	$36M
R&D Expenses	$0
Selling & Marketing	$779.0K
General & Administrative	$16M
SG&A Expenses	$17M
Other Expenses	$7M
Operating Expenses	$24M
Cost & Expenses	$26M
OPERATING INCOME	$12M
Interest Income	$31M
Interest Expense	$4M
Other Income/Expenses	$0
INCOME BEFORE TAX	$12M
Income Tax Expense	$4M
Net Income from Continuing Ops	$8M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$8M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$8M
D&A	$2M
EBIT	$13M
EBITDA	$15M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$8M
Depreciation & Amortization	$2M
Stock-Based Compensation	$463.0K
Deferred Income Tax	$196.0K
Other Non-Cash Items	-$4M
Change in Working Capital	$483.0K
OPERATING CASH FLOW	$8M
Capital Expenditure	-$703.0K
Acquisitions (Net)	$0
Purchases of Investments	-$3M
Sales/Maturities of Investments	$2M
Other Investing Activities	-$47M
NET CASH FROM INVESTING	-$49M
Net Debt Issuance	$0
Common Stock Repurchased	-$709.0K
Common Dividends Paid	-$2M
Other Financing Activities	$64M
NET CASH FROM FINANCING	$61M
FREE CASH FLOW	$7M
Net Change in Cash	$20M

Balance Sheet

Item	Amount
Cash & Equivalents	$141M
Short-Term Investments	$1M
Net Receivables	$2M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$144M
PP&E (Net)	$17M
Goodwill	$6M
Intangible Assets	$1M
Long-Term Investments	$615M
Tax Assets	$0
Other Non-Current Assets	$32M
TOTAL NON-CURRENT ASSETS	$671M
TOTAL ASSETS	$816M
Account Payables	$2M
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$679M
TOTAL CURRENT LIABILITIES	$681M
Long-Term Debt	$45M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$828.0K
TOTAL NON-CURRENT LIABILITIES	$46M
TOTAL LIABILITIES	$727M
Common Stock	$10M
Additional Paid-In Capital	$0
Retained Earnings	$80M
Treasury Stock	$0
Accum. Other Comp. Income	-$313.0K
Other Equity	-$926.0K
TOTAL STOCKHOLDERS' EQUITY	$89M
Minority Interest	$0
TOTAL EQUITY	$89M
TOTAL LIABILITIES & EQUITY	$816M
Total Debt	$45M
Net Debt	-$96M