First Farmers and Merchants Corporation
FFMH · OTC
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Revenue | $59,048 | $73,944 | $65,370 | $64,320 |
| % Growth | -20.1% | 13.1% | 1.6% | – |
| Cost of Goods Sold | $0 | $16,397 | $3,239 | $2,381 |
| Gross Profit | $59,048 | $57,547 | $62,131 | $61,939 |
| % Margin | 100% | 77.8% | 95% | 96.3% |
| R&D Expenses | $0 | $0 | $0 | $0 |
| G&A Expenses | $1,568 | $1,580 | $1,737 | $1,431 |
| SG&A Expenses | $2,514 | $2,581 | $2,811 | $2,435 |
| Sales & Mktg Exp. | $946 | $1,001 | $1,074 | $1,004 |
| Other Operating Expenses | $33,166 | $35,499 | $37,037 | $40,381 |
| Operating Expenses | $35,680 | $38,080 | $39,848 | $42,816 |
| Operating Income | $23,368 | $19,467 | $22,283 | $19,123 |
| % Margin | 39.6% | 26.3% | 34.1% | 29.7% |
| Other Income/Exp. Net | -$3,916 | $0 | $0 | $0 |
| Pre-Tax Income | $19,452 | $19,467 | $22,283 | $19,123 |
| Tax Expense | $3,417 | $3,402 | $4,217 | $3,488 |
| Net Income | $16,035 | $16,049 | $18,050 | $15,619 |
| % Margin | 27.2% | 21.7% | 27.6% | 24.3% |
| EPS | 3.89 | 3.8 | 4.19 | 3.59 |
| % Growth | 2.4% | -9.3% | 16.7% | – |
| EPS Diluted | 3.89 | 3.8 | 4.19 | 3.59 |
| Weighted Avg Shares Out | 4,122 | 4,228 | 4,306 | 4,346 |
| Weighted Avg Shares Out Dil | 4,122 | 4,228 | 4,306 | 4,346 |
| Supplemental Information | – | – | – | – |
| Interest Income | $68,131 | $60,752 | $51,223 | $47,537 |
| Interest Expense | $23,070 | $16,397 | $3,239 | $2,381 |
| Depreciation & Amortization | $1,630 | $1,670 | $1,786 | $2,033 |
| EBITDA | $20,949 | $21,137 | $24,069 | $21,156 |
| % Margin | 35.5% | 28.6% | 36.8% | 32.9% |