TSBK FY 2019 Earnings Report — Timberland Bancorp, Inc. Revenue & Financial Results | Market Cap Arena

Timberland Bancorp, Inc.TSBK

FY 2019 Earnings

Reported December 9, 2019

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2019	Prior Q	FY 2018	QoQ Change	YoY Change
Revenue	$67M	—	$52M	—	29.5%
Op. Income	$30M	—	$22M	—	33.4%
Gross Margin	93.2%	—	94.6%	—	-1.5pp
Net Margin	36.0%	—	32.4%	—	3.6pp
EPS (Diluted)	$2.84	—	$2.22	—	27.9%
Free Cash Flow	$16M	—	$19M	—	-17.2%

Revenue Flow

Item	Amount
REVENUE	$67M
Cost of Revenue	$5M
GROSS PROFIT	$62M
R&D Expenses	$0
Selling & Marketing	$696.0K
General & Administrative	$23M
SG&A Expenses	$24M
Other Expenses	$9M
Operating Expenses	$32M
Cost & Expenses	$37M
OPERATING INCOME	$30M
Interest Income	$56M
Interest Expense	$5M
Other Income/Expenses	$0
INCOME BEFORE TAX	$30M
Income Tax Expense	$6M
Net Income from Continuing Ops	$24M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$24M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$24M
D&A	$3M
EBIT	$30M
EBITDA	$33M
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$67M
Cost of Revenue	$5M
GROSS PROFIT	$62M
R&D Expenses	$0
Selling & Marketing	$696.0K
General & Administrative	$23M
SG&A Expenses	$24M
Other Expenses	$9M
Operating Expenses	$32M
Cost & Expenses	$37M
OPERATING INCOME	$30M
Interest Income	$56M
Interest Expense	$5M
Other Income/Expenses	$0
INCOME BEFORE TAX	$30M
Income Tax Expense	$6M
Net Income from Continuing Ops	$24M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$24M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$24M
D&A	$3M
EBIT	$30M
EBITDA	$33M
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$24M
Depreciation & Amortization	$3M
Stock-Based Compensation	$600.0K
Deferred Income Tax	$703.0K
Other Non-Cash Items	-$7M
Change in Working Capital	-$3M
OPERATING CASH FLOW	$18M
Capital Expenditure	-$2M
Acquisitions (Net)	$14M
Purchases of Investments	-$34M
Sales/Maturities of Investments	$18M
Other Investing Activities	-$41M
NET CASH FROM INVESTING	-$45M
Net Debt Issuance	$0
Common Stock Repurchased	-$499.0K
Common Dividends Paid	-$6M
Other Financing Activities	$28M
NET CASH FROM FINANCING	$21M
FREE CASH FLOW	$16M
Net Change in Cash	-$6M

Balance Sheet

Item	Amount
Cash & Equivalents	$221M
Short-Term Investments	$23M
Net Receivables	$4M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$247M
PP&E (Net)	$23M
Goodwill	$15M
Intangible Assets	$4M
Long-Term Investments	$928M
Tax Assets	$0
Other Non-Current Assets	$29M
TOTAL NON-CURRENT ASSETS	$1000M
TOTAL ASSETS	$1.2B
Account Payables	$5M
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$1.1B
TOTAL CURRENT LIABILITIES	$1.1B
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$3M
TOTAL NON-CURRENT LIABILITIES	$3M
TOTAL LIABILITIES	$1.1B
Common Stock	$43M
Additional Paid-In Capital	$0
Retained Earnings	$128M
Treasury Stock	$0
Accum. Other Comp. Income	$50.0K
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$171M
Minority Interest	$0
TOTAL EQUITY	$171M
TOTAL LIABILITIES & EQUITY	$1.2B
Total Debt	$0
Net Debt	-$221M