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

Timberland Bancorp, Inc.TSBK

FY 2018 Earnings

Reported December 7, 2018

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	$52M	—	$48M	—	7.4%
Op. Income	$22M	—	$21M	—	5.6%
Gross Margin	94.6%	—	95.9%	—	-1.3pp
Net Margin	32.4%	—	29.5%	—	2.9pp
EPS (Diluted)	$2.22	—	$1.92	—	15.6%
Free Cash Flow	$19M	—	$10M	—	86.4%

Revenue Flow

Item	Amount
REVENUE	$52M
Cost of Revenue	$3M
GROSS PROFIT	$49M
R&D Expenses	$0
Selling & Marketing	$782.0K
General & Administrative	$18M
SG&A Expenses	$19M
Other Expenses	$7M
Operating Expenses	$26M
Cost & Expenses	$29M
OPERATING INCOME	$22M
Interest Income	$42M
Interest Expense	$3M
Other Income/Expenses	$0
INCOME BEFORE TAX	$22M
Income Tax Expense	$6M
Net Income from Continuing Ops	$17M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$17M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$17M
D&A	$2M
EBIT	$22M
EBITDA	$24M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$52M
Cost of Revenue	$3M
GROSS PROFIT	$49M
R&D Expenses	$0
Selling & Marketing	$782.0K
General & Administrative	$18M
SG&A Expenses	$19M
Other Expenses	$7M
Operating Expenses	$26M
Cost & Expenses	$29M
OPERATING INCOME	$22M
Interest Income	$42M
Interest Expense	$3M
Other Income/Expenses	$0
INCOME BEFORE TAX	$22M
Income Tax Expense	$6M
Net Income from Continuing Ops	$17M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$17M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$17M
D&A	$2M
EBIT	$22M
EBITDA	$24M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$17M
Depreciation & Amortization	$2M
Stock-Based Compensation	$1M
Deferred Income Tax	$797.0K
Other Non-Cash Items	$1M
Change in Working Capital	-$2.0K
OPERATING CASH FLOW	$21M
Capital Expenditure	-$2M
Acquisitions (Net)	$0
Purchases of Investments	-$6M
Sales/Maturities of Investments	$595.0K
Other Investing Activities	-$61M
NET CASH FROM INVESTING	-$68M
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	-$4M
Other Financing Activities	$52M
NET CASH FROM FINANCING	$47M
FREE CASH FLOW	$19M
Net Change in Cash	$676.0K

Balance Sheet

Item	Amount
Cash & Equivalents	$212M
Short-Term Investments	$1M
Net Receivables	$3M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$216M
PP&E (Net)	$19M
Goodwill	$6M
Intangible Assets	$2M
Long-Term Investments	$743M
Tax Assets	$0
Other Non-Current Assets	$32M
TOTAL NON-CURRENT ASSETS	$802M
TOTAL ASSETS	$1.0B
Account Payables	$3M
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$890M
TOTAL CURRENT LIABILITIES	$892M
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$1M
TOTAL NON-CURRENT LIABILITIES	$1M
TOTAL LIABILITIES	$894M
Common Stock	$14M
Additional Paid-In Capital	$0
Retained Earnings	$111M
Treasury Stock	$0
Accum. Other Comp. Income	-$129.0K
Other Equity	-$133.0K
TOTAL STOCKHOLDERS' EQUITY	$125M
Minority Interest	$0
TOTAL EQUITY	$125M
TOTAL LIABILITIES & EQUITY	$1.0B
Total Debt	$0
Net Debt	-$212M