BANCORP 34, INC.
Income Statement
| Line Item | FY2024 | FY2023 | FY2022 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $34.9M | $15.9M | $19.0M | $15.1M | $14.6M | $25.6M | $23.0M | $15.7M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $22.1M | $9.1M | $6.7M | $7.5M | $5.7M | $4.6M | $2.8M | $1.8M |
| Operating Margin | 63.4% | 57.2% | 35.3% | 49.2% | 39.2% | 18.0% | 12.2% | 11.3% |
| Interest Expense | $21.5M | $12.9M | $5.3M | $4.8M | $3.2M | $2.3M | $1.7M | $1.4M |
| Pretax Income | $615.0K | $-3.9M | $1.4M | $2.6M | $2.5M | $2.3M | $1.1M | $340.6K |
| Income Tax Expense | $-1.1M | $-453.0K | $58.0K | $666.0K | $674.7K | $2.0M | $-4.2M | $20.0K |
| Net Income | $1.7M | $-3.4M | $1.3M | $710.2K | $1.1M | $360.6K | $5.3M | $320.6K |
| Net Margin | 4.8% | -21.4% | 7.0% | 4.7% | 7.4% | 1.4% | 23.0% | 2.0% |
| EPS (Basic) | $0.25 | $-0.88 | $0.56 | $0.23 | $0.33 | $0.11 | $1.57 | $0.09 |
| EPS (Diluted) | $0.25 | $-0.88 | $0.56 | $0.23 | $0.33 | $0.11 | $1.57 | $0.09 |
| Shares Outstanding (Basic) | 3.9M | — | — | 3.1M | 3.2M | 3.3M | 3.4M | 3.4M |
| Shares Outstanding (Diluted) | 3.9M | — | — | 3.1M | 3.2M | 3.3M | 3.4M | 3.4M |
| Dividends Per Share | — | $0.14 | $0.28 | $0.15 | $1.25 | — | — | — |