Farmers & Merchants Bancorp, Inc.
FMAO · NASDAQ
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Revenue | $176,563 | $152,047 | $113,658 | $92,169 |
| % Growth | 16.1% | 33.8% | 23.3% | – |
| Cost of Goods Sold | $77,933 | $60,155 | $18,962 | $10,786 |
| Gross Profit | $98,630 | $91,892 | $94,696 | $81,383 |
| % Margin | 55.9% | 60.4% | 83.3% | 88.3% |
| R&D Expenses | $0 | $0 | $0 | $0 |
| G&A Expenses | $46,240 | $42,790 | $36,389 | $36,754 |
| SG&A Expenses | $48,384 | $45,396 | $38,035 | $38,190 |
| Sales & Mktg Exp. | $2,144 | $2,606 | $1,646 | $1,436 |
| Other Operating Expenses | $17,673 | $18,142 | $16,186 | $13,696 |
| Operating Expenses | $66,057 | $63,538 | $54,221 | $51,886 |
| Operating Income | $32,573 | $28,354 | $40,475 | $29,497 |
| % Margin | 18.4% | 18.6% | 35.6% | 32% |
| Other Income/Exp. Net | $0 | $0 | $0 | $0 |
| Pre-Tax Income | $32,573 | $28,354 | $40,475 | $29,497 |
| Tax Expense | $6,635 | $5,567 | $7,960 | $6,002 |
| Net Income | $25,938 | $22,787 | $32,515 | $23,495 |
| % Margin | 14.7% | 15% | 28.6% | 25.5% |
| EPS | 1.9 | 1.67 | 2.46 | 2.01 |
| % Growth | 13.8% | -32.1% | 22.4% | – |
| EPS Diluted | 1.9 | 1.67 | 2.46 | 2.01 |
| Weighted Avg Shares Out | 13,680 | 13,641 | 13,091 | 11,570 |
| Weighted Avg Shares Out Dil | 13,419 | 13,641 | 13,091 | 11,570 |
| Supplemental Information | – | – | – | – |
| Interest Income | $162,211 | $138,926 | $100,831 | $76,666 |
| Interest Expense | $77,660 | $58,411 | $14,362 | $7,342 |
| Depreciation & Amortization | $6,372 | $5,774 | $4,018 | $4,990 |
| EBITDA | $38,945 | $34,128 | $44,493 | $34,487 |
| % Margin | 22.1% | 22.4% | 39.1% | 37.4% |