Alerus Financial Corporation
ALRS · NASDAQ
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Revenue | $330 | $243 | $225 | $236 |
| % Growth | 35.9% | 8.3% | -4.8% | – |
| Cost of Goods Sold | $133 | $79 | $16 | $2 |
| Gross Profit | $198 | $164 | $209 | $234 |
| % Margin | 59.8% | 67.5% | 93% | 99.1% |
| R&D Expenses | $0 | $0 | $0 | $0 |
| G&A Expenses | $87 | $76 | $81 | $93 |
| SG&A Expenses | $91 | $79 | $84 | $97 |
| Sales & Mktg Exp. | $3 | $3 | $3 | $3 |
| Other Operating Expenses | $84 | $69 | $73 | $68 |
| Operating Expenses | $175 | $148 | $157 | $165 |
| Operating Income | $23 | $16 | $52 | $69 |
| % Margin | 7% | 6.5% | 23.2% | 29.3% |
| Other Income/Exp. Net | $0 | $0 | $0 | $0 |
| Pre-Tax Income | $23 | $16 | $52 | $69 |
| Tax Expense | $5 | $4 | $12 | $16 |
| Net Income | $18 | $12 | $40 | $53 |
| % Margin | 5.4% | 4.8% | 17.8% | 22.3% |
| EPS | 0.84 | 0.59 | 2.12 | 3.02 |
| % Growth | 42.4% | -72.2% | -29.8% | – |
| EPS Diluted | 0.83 | 0.58 | 2.1 | 2.97 |
| Weighted Avg Shares Out | 21 | 20 | 19 | 17 |
| Weighted Avg Shares Out Dil | 21 | 20 | 19 | 17 |
| Supplemental Information | – | – | – | – |
| Interest Income | $222 | $165 | $116 | $93 |
| Interest Expense | $115 | $77 | $16 | $6 |
| Depreciation & Amortization | $15 | $9 | $8 | $9 |
| EBITDA | $38 | $24 | $60 | $78 |
| % Margin | 11.5% | 10% | 26.9% | 33% |