Finward Bancorp
FNWD · NASDAQ
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Revenue | $111,825 | $96,529 | $83,544 | $66,602 |
| % Growth | 15.8% | 15.5% | 25.4% | – |
| Cost of Goods Sold | $40,228 | $33,253 | $4,886 | $3,589 |
| Gross Profit | $71,597 | $63,276 | $78,658 | $63,013 |
| % Margin | 64% | 65.6% | 94.2% | 94.6% |
| R&D Expenses | $0 | $0 | $0 | $0 |
| G&A Expenses | $29,527 | $29,658 | $30,218 | $25,102 |
| SG&A Expenses | $30,326 | $30,498 | $32,125 | $26,187 |
| Sales & Mktg Exp. | $799 | $840 | $1,907 | $1,085 |
| Other Operating Expenses | $27,816 | $24,733 | $29,975 | $20,449 |
| Operating Expenses | $58,142 | $55,231 | $62,100 | $46,636 |
| Operating Income | $13,455 | $8,045 | $16,558 | $16,377 |
| % Margin | 12% | 8.3% | 19.8% | 24.6% |
| Other Income/Exp. Net | $0 | $0 | $0 | $0 |
| Pre-Tax Income | $13,455 | $8,045 | $16,558 | $16,377 |
| Tax Expense | $1,325 | -$335 | $1,478 | $1,414 |
| Net Income | $12,130 | $8,380 | $15,080 | $14,963 |
| % Margin | 10.8% | 8.7% | 18.1% | 22.5% |
| EPS | 2.84 | 1.96 | 3.61 | 4.3 |
| % Growth | 44.9% | -45.7% | -16% | – |
| EPS Diluted | 2.84 | 1.96 | 3.6 | 4.3 |
| Weighted Avg Shares Out | 4,271 | 4,276 | 4,177 | 3,477 |
| Weighted Avg Shares Out Dil | 4,271 | 4,282 | 4,193 | 3,477 |
| Supplemental Information | – | – | – | – |
| Interest Income | $89,178 | $85,783 | $72,035 | $50,655 |
| Interest Expense | $40,731 | $31,228 | $4,886 | $2,080 |
| Depreciation & Amortization | $7,291 | $7,163 | $5,968 | $4,559 |
| EBITDA | $20,746 | $15,208 | $22,526 | $20,936 |
| % Margin | 18.6% | 15.8% | 27% | 31.4% |