SMARTFINANCIAL INC.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $83.2M | $51.4M | $42.4M | $27.2M | $19.8M | $16.9M | $15.6M | $15.3M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $36.9M | $17.1M | $13.5M | $5.9M | $5.0M | $6.2M | $6.8M | $7.6M |
| Operating Margin | 44.3% | 33.4% | 31.7% | 21.7% | 25.2% | 37.0% | 43.4% | 49.5% |
| Interest Expense | $15.6M | $5.7M | $4.3M | $2.8M | $2.0M | $3.5M | $4.8M | $6.4M |
| Pretax Income | $21.3M | $11.4M | $9.2M | $3.2M | $3.0M | $2.7M | $2.0M | $1.2M |
| Income Tax Expense | $3.2M | $6.4M | $3.4M | $1.6M | $1.1M | $1.0M | $577.6K | $188.2K |
| Net Income | $18.1M | $5.0M | $5.8M | $1.5M | $1.8M | $1.7M | $1.4M | $1.0M |
| Net Margin | 21.7% | 9.8% | 13.7% | 5.5% | 9.2% | 10.0% | 9.0% | 6.7% |
| EPS (Basic) | $1.46 | $0.56 | $0.82 | $0.35 | $0.58 | $0.02 | $0.02 | $0.05 |
| EPS (Diluted) | $1.45 | $0.55 | $0.78 | $0.32 | $0.52 | $0.02 | $0.02 | $0.05 |
| Shares Outstanding (Basic) | 12.4M | 8.6M | 5.8M | 4.0M | 3.0M | 6.5M | 6.5M | 6.5M |
| Shares Outstanding (Diluted) | 12.5M | 8.8M | 6.1M | 4.3M | 3.3M | 6.5M | 6.5M | 6.5M |
| Dividends Per Share | — | — | — | — | — | — | — | — |