South Atlantic Bancshares, Inc.
SABK · OTC
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Revenue | $93,279 | $74,137 | $53,772 | $47,826 |
| % Growth | 25.8% | 37.9% | 12.4% | – |
| Cost of Goods Sold | $93,279 | $27,459 | $6,146 | $3,523 |
| Gross Profit | $48,787 | $46,679 | $47,626 | $44,303 |
| % Margin | 52.3% | 63% | 88.6% | 92.6% |
| R&D Expenses | $0 | $0 | $0 | $0 |
| G&A Expenses | $1,676 | $20,679 | $20,959 | $20,024 |
| SG&A Expenses | $30,274 | $22,010 | $22,220 | $21,046 |
| Sales & Mktg Exp. | $1,565 | $1,332 | $1,261 | $1,021 |
| Other Operating Expenses | $0 | $11,919 | $10,322 | $9,677 |
| Operating Expenses | $30,274 | $33,930 | $32,542 | $30,722 |
| Operating Income | $18,513 | $12,749 | $15,084 | $13,581 |
| % Margin | 19.8% | 17.2% | 28.1% | 28.4% |
| Other Income/Exp. Net | -$5,531 | $0 | $0 | $0 |
| Pre-Tax Income | $12,982 | $12,749 | $15,084 | $13,581 |
| Tax Expense | $2,927 | $2,730 | $2,990 | $2,734 |
| Net Income | $10,055 | $10,019 | $12,094 | $10,847 |
| % Margin | 10.8% | 13.5% | 22.5% | 22.7% |
| EPS | 1.33 | 1.33 | 1.6 | 1.45 |
| % Growth | 0% | -16.9% | 10.3% | – |
| EPS Diluted | 1.31 | 1.32 | 1.58 | 1.43 |
| Weighted Avg Shares Out | 7,588 | 7,548 | 7,569 | 7,493 |
| Weighted Avg Shares Out Dil | 7,662 | 7,606 | 7,668 | 7,607 |
| Supplemental Information | – | – | – | – |
| Interest Income | $0 | $69,199 | $48,833 | $37,986 |
| Interest Expense | $0 | $26,704 | $4,196 | $2,198 |
| Depreciation & Amortization | $0 | $2,314 | $1,151 | $1,480 |
| EBITDA | $12,982 | $15,063 | $16,235 | $15,061 |
| % Margin | 13.9% | 20.3% | 30.2% | 31.5% |