TSBK FY 2017 Earnings Report — Timberland Bancorp, Inc. Revenue & Financial Results | Market Cap Arena

Timberland Bancorp, Inc.TSBK

FY 2017 Earnings

Reported December 8, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2017	Prior Q	FY 2016	QoQ Change	YoY Change
Revenue	$48M	—	$43M	—	11.3%
Op. Income	$21M	—	$15M	—	41.1%
Gross Margin	95.9%	—	90.6%	—	5.4pp
Net Margin	29.5%	—	23.5%	—	6.0pp
EPS (Diluted)	$1.92	—	$1.43	—	34.3%
Free Cash Flow	$10M	—	$11M	—	-6.4%

Revenue Flow

Item	Amount
REVENUE	$48M
Cost of Revenue	$2M
GROSS PROFIT	$46M
R&D Expenses	$0
Selling & Marketing	$698.0K
General & Administrative	$18M
SG&A Expenses	$18M
Other Expenses	$7M
Operating Expenses	$25M
Cost & Expenses	$27M
OPERATING INCOME	$21M
Interest Income	$38M
Interest Expense	$3M
Other Income/Expenses	$0
INCOME BEFORE TAX	$21M
Income Tax Expense	$7M
Net Income from Continuing Ops	$14M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$14M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$14M
D&A	$2M
EBIT	$21M
EBITDA	$23M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$48M
Cost of Revenue	$2M
GROSS PROFIT	$46M
R&D Expenses	$0
Selling & Marketing	$698.0K
General & Administrative	$18M
SG&A Expenses	$18M
Other Expenses	$7M
Operating Expenses	$25M
Cost & Expenses	$27M
OPERATING INCOME	$21M
Interest Income	$38M
Interest Expense	$3M
Other Income/Expenses	$0
INCOME BEFORE TAX	$21M
Income Tax Expense	$7M
Net Income from Continuing Ops	$14M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$14M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$14M
D&A	$2M
EBIT	$21M
EBITDA	$23M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$14M
Depreciation & Amortization	$2M
Stock-Based Compensation	$761.0K
Deferred Income Tax	$385.0K
Other Non-Cash Items	-$2M
Change in Working Capital	-$1M
OPERATING CASH FLOW	$14M
Capital Expenditure	-$4M
Acquisitions (Net)	$0
Purchases of Investments	-$3M
Sales/Maturities of Investments	$677.0K
Other Investing Activities	-$14M
NET CASH FROM INVESTING	-$20M
Net Debt Issuance	-$30M
Common Stock Repurchased	$0
Common Dividends Paid	-$4M
Other Financing Activities	$79M
NET CASH FROM FINANCING	$46M
FREE CASH FLOW	$10M
Net Change in Cash	$39M

Balance Sheet

Item	Amount
Cash & Equivalents	$191M
Short-Term Investments	$1M
Net Receivables	$3M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$195M
PP&E (Net)	$18M
Goodwill	$6M
Intangible Assets	$2M
Long-Term Investments	$704M
Tax Assets	$0
Other Non-Current Assets	$27M
TOTAL NON-CURRENT ASSETS	$757M
TOTAL ASSETS	$952M
Account Payables	$2M
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$838M
TOTAL CURRENT LIABILITIES	$840M
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$1M
TOTAL NON-CURRENT LIABILITIES	$1M
TOTAL LIABILITIES	$841M
Common Stock	$13M
Additional Paid-In Capital	$0
Retained Earnings	$98M
Treasury Stock	$0
Accum. Other Comp. Income	-$124.0K
Other Equity	-$397.0K
TOTAL STOCKHOLDERS' EQUITY	$111M
Minority Interest	$0
TOTAL EQUITY	$111M
TOTAL LIABILITIES & EQUITY	$952M
Total Debt	$0
Net Debt	-$191M