TSBK FY 2020 Earnings Report — Timberland Bancorp, Inc. Revenue & Financial Results | Market Cap Arena

Timberland Bancorp, Inc.TSBK

FY 2020 Earnings

Reported December 9, 2020

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2020	Prior Q	FY 2019	QoQ Change	YoY Change
Revenue	$70M	—	$67M	—	4.6%
Op. Income	$30M	—	$30M	—	1.3%
Gross Margin	87.6%	—	93.2%	—	-5.5pp
Net Margin	34.8%	—	36.0%	—	-1.2pp
EPS (Diluted)	$2.88	—	$2.84	—	1.4%
Free Cash Flow	$32M	—	$16M	—	99.7%

Revenue Flow

Item	Amount
REVENUE	$70M
Cost of Revenue	$9M
GROSS PROFIT	$61M
R&D Expenses	$0
Selling & Marketing	$631.0K
General & Administrative	$21M
SG&A Expenses	$22M
Other Expenses	$9M
Operating Expenses	$31M
Cost & Expenses	$39M
OPERATING INCOME	$30M
Interest Income	$55M
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	$70M
Cost of Revenue	$9M
GROSS PROFIT	$61M
R&D Expenses	$0
Selling & Marketing	$631.0K
General & Administrative	$21M
SG&A Expenses	$22M
Other Expenses	$9M
Operating Expenses	$31M
Cost & Expenses	$39M
OPERATING INCOME	$30M
Interest Income	$55M
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	$213.0K
Deferred Income Tax	$76.0K
Other Non-Cash Items	$4M
Change in Working Capital	$2M
OPERATING CASH FLOW	$34M
Capital Expenditure	-$2M
Acquisitions (Net)	$0
Purchases of Investments	-$51M
Sales/Maturities of Investments	$20M
Other Investing Activities	-$121M
NET CASH FROM INVESTING	-$155M
Net Debt Issuance	$10M
Common Stock Repurchased	-$1M
Common Dividends Paid	-$7M
Other Financing Activities	$291M
NET CASH FROM FINANCING	$292M
FREE CASH FLOW	$32M
Net Change in Cash	$171M

Balance Sheet

Item	Amount
Cash & Equivalents	$380M
Short-Term Investments	$58M
Net Receivables	$4M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$442M
PP&E (Net)	$26M
Goodwill	$15M
Intangible Assets	$5M
Long-Term Investments	$1.1B
Tax Assets	$0
Other Non-Current Assets	$28M
TOTAL NON-CURRENT ASSETS	$1.1B
TOTAL ASSETS	$1.6B
Account Payables	$4M
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$1.4B
TOTAL CURRENT LIABILITIES	$1.4B
Long-Term Debt	$10M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$3M
TOTAL NON-CURRENT LIABILITIES	$16M
TOTAL LIABILITIES	$1.4B
Common Stock	$42M
Additional Paid-In Capital	$0
Retained Earnings	$145M
Treasury Stock	$0
Accum. Other Comp. Income	$61.0K
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$188M
Minority Interest	$0
TOTAL EQUITY	$188M
TOTAL LIABILITIES & EQUITY	$1.6B
Total Debt	$13M
Net Debt	-$367M