Eastern Michigan Financial Corporation
EFIN · OTC
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Revenue | $25,796 | $21,769 | $16,695 | $16,513 |
| % Growth | 18.5% | 30.4% | 1.1% | – |
| Cost of Goods Sold | $4,089 | $2,050 | $975 | $427 |
| Gross Profit | $21,707 | $19,719 | $15,720 | $16,086 |
| % Margin | 84.1% | 90.6% | 94.2% | 97.4% |
| R&D Expenses | $0 | $0 | $0 | $0 |
| G&A Expenses | $511 | $0 | $0 | $0 |
| SG&A Expenses | $8,625 | $0 | $7,495 | $6,850 |
| Sales & Mktg Exp. | $8,114 | $0 | $0 | $0 |
| Other Operating Expenses | $4,200 | $11,939 | $3,655 | $3,235 |
| Operating Expenses | $12,825 | $11,939 | $11,150 | $10,085 |
| Operating Income | $8,882 | $7,780 | $4,570 | $6,001 |
| % Margin | 34.4% | 35.7% | 27.4% | 36.3% |
| Other Income/Exp. Net | -$9 | $0 | $0 | $0 |
| Pre-Tax Income | $8,873 | $7,780 | $4,570 | $6,001 |
| Tax Expense | $1,835 | $1,593 | $933 | $1,097 |
| Net Income | $7,038 | $6,187 | $3,637 | $4,904 |
| % Margin | 27.3% | 28.4% | 21.8% | 29.7% |
| EPS | 5.54 | 4.93 | 2.91 | 3.98 |
| % Growth | 12.4% | 69.4% | -26.9% | – |
| EPS Diluted | 5.52 | 4.93 | 2.87 | 3.92 |
| Weighted Avg Shares Out | 1,266 | 1,254 | 1,249 | 1,232 |
| Weighted Avg Shares Out Dil | 1,275 | 1,255 | 1,267 | 1,251 |
| Supplemental Information | – | – | – | – |
| Interest Income | $23,624 | $19,742 | $14,579 | $13,636 |
| Interest Expense | $4,089 | $2,050 | $975 | $427 |
| Depreciation & Amortization | $370 | $394 | $430 | $428 |
| EBITDA | $0 | $8,174 | $5,000 | $6,429 |
| % Margin | 0% | 37.5% | 29.9% | 38.9% |