BANCORP 34, INC.
Income Statement
| Line Item | Sep 2024 | Jun 2024 | Mar 2024 | Sep 2023 | Jun 2023 | Mar 2023 | Sep 2022 | Jun 2020 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $8.7M | $9.1M | $8.5M | $3.9M | $4.0M | $4.2M | $4.7M | $3.8M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $7.8M | $7.5M | $713.0K | $590.0K | $3.2M | $3.2M | $2.8M | $1.7M |
| Operating Margin | 90.5% | 82.6% | 8.4% | 15.3% | 78.9% | 75.7% | 60.0% | 44.5% |
| Interest Expense | $5.8M | $5.7M | $4.3M | $3.5M | $3.1M | $2.6M | $1.5M | $1.1M |
| Pretax Income | $2.1M | $1.9M | $-3.5M | $-2.9M | $123.0K | $602.0K | $1.3M | $612.2K |
| Income Tax Expense | $477.0K | $351.0K | $-2.0M | $-603.0K | $19.0K | $158.0K | $321.0K | $110.0K |
| Net Income | $1.6M | $1.5M | $-1.5M | $-2.3M | $104.0K | $444.0K | $1.0M | $502.1K |
| Net Margin | 18.2% | 16.5% | -18.0% | -58.8% | 2.6% | 10.5% | 21.3% | 13.3% |
| EPS (Basic) | $0.22 | $0.21 | $-0.31 | $-0.52 | $0.01 | $0.11 | $0.42 | $0.17 |
| EPS (Diluted) | $0.22 | $0.21 | $-0.31 | $-0.52 | $0.01 | $0.11 | $0.42 | $0.17 |
| Shares Outstanding (Basic) | 820.0K | 820.0K | — | 4.4M | — | — | — | 3.0M |
| Shares Outstanding (Diluted) | 820.0K | 820.0K | — | 4.4M | — | — | — | 3.0M |
| Dividends Per Share | — | — | — | — | — | — | — | $0.05 |