Farmers and Merchants Bancshares, Inc.
FMFG · OTC
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Revenue | $39 | $32 | $28 | $27 |
| % Growth | 21.8% | 15.4% | 2.2% | – |
| Cost of Goods Sold | $18 | $9 | $3 | $3 |
| Gross Profit | $22 | $23 | $25 | $24 |
| % Margin | 55.2% | 71.2% | 90.7% | 88.6% |
| R&D Expenses | $0 | $0 | $0 | $0 |
| G&A Expenses | $11 | $10 | $10 | $10 |
| SG&A Expenses | $11 | $10 | $11 | $10 |
| Sales & Mktg Exp. | $0 | $0 | $0 | $0 |
| Other Operating Expenses | $5 | $4 | $4 | $4 |
| Operating Expenses | $16 | $15 | $15 | $14 |
| Operating Income | $6 | $8 | $11 | $11 |
| % Margin | 14% | 26% | 37.6% | 38.5% |
| Other Income/Exp. Net | $0 | $0 | $0 | $0 |
| Pre-Tax Income | $6 | $8 | $11 | $11 |
| Tax Expense | $1 | $2 | $2 | $2 |
| Net Income | $4 | $6 | $8 | $8 |
| % Margin | 10.8% | 19.8% | 28.8% | 29.6% |
| EPS | 1.37 | 2.08 | 2.66 | 2.7 |
| % Growth | -34.1% | -21.8% | -1.5% | – |
| EPS Diluted | 1.37 | 2.08 | 2.66 | 2.7 |
| Weighted Avg Shares Out | 3 | 3 | 3 | 3 |
| Weighted Avg Shares Out Dil | 3 | 3 | 3 | 3 |
| Supplemental Information | – | – | – | – |
| Interest Income | $38 | $31 | $26 | $26 |
| Interest Expense | $18 | $10 | $2 | $3 |
| Depreciation & Amortization | $1 | $1 | $0 | $0 |
| EBITDA | $6 | $9 | $11 | $11 |
| % Margin | 15.6% | 27.6% | 39.4% | 40.3% |