Andover Bancorp, Inc.

ANDC · OTC
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12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$18,183$18,258$19,732$18,807
% Growth-0.4%-7.5%4.9%
Cost of Goods Sold$0$3,638$1,291$896
Gross Profit$18,183$18,212$18,440$17,911
% Margin100%99.7%93.5%95.2%
R&D Expenses$0$0$0$0
G&A Expenses$582$635$579$495
SG&A Expenses$944$1,097$1,038$917
Sales & Mktg Exp.$362$462$459$422
Other Operating Expenses$13,999$13,195$12,326$11,170
Operating Expenses$14,943$14,292$13,364$12,088
Operating Income$3,240$3,919$5,076$5,824
% Margin17.8%21.5%25.7%31%
Other Income/Exp. Net$35-$2,496$0$0
Pre-Tax Income$3,276$3,919$5,076$5,824
Tax Expense$118$141$203$431
Net Income$3,157$3,778$4,873$5,393
% Margin17.4%20.7%24.7%28.7%
EPS1.531.82.292.42
% Growth-15%-21.4%-5.4%
EPS Diluted1.531.82.292.42
Weighted Avg Shares Out2,0572,0972,1282,224
Weighted Avg Shares Out Dil2,0572,0972,1282,224
Supplemental Information
Interest Income$20,384$18,070$16,288$15,406
Interest Expense$5,985$3,638$1,291$896
Depreciation & Amortization$658-$4,175$723$801
EBITDA$0-$255$5,799$6,624
% Margin0%-1.4%29.4%35.2%
Andover Bancorp, Inc. (ANDC) Financial Statements & Key Stats | AlphaPilot