Farmers and Merchants Bancshares, Inc.
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2021 | — | 53.5% | 32.5% |
| FY2022 | — | 48.2% | 30.6% |
| FY2023 | — | 79.7% | 27.9% |
| FY2024 | — | 24.4% | 18.9% |
| FY2025 | — | 28.0% | 21.9% |
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2021 | — | 53.5% | 32.5% |
| FY2022 | — | 48.2% | 30.6% |
| FY2023 | — | 79.7% | 27.9% |
| FY2024 | — | 24.4% | 18.9% |
| FY2025 | — | 28.0% | 21.9% |