Shore Bancshares, Inc.

SHBI · NASDAQ
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12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$326,485$238,422$136,931$83,667
% Growth36.9%74.1%63.7%
Cost of Goods Sold$129,527$109,725$14,468$5,681
Gross Profit$196,958$128,697$122,463$77,986
% Margin60.3%54%89.4%93.2%
R&D Expenses$0$0$0$0
G&A Expenses$72,549$61,638$48,104$31,383
SG&A Expenses$72,549$61,638$48,104$31,722
Sales & Mktg Exp.$0$0$0$339
Other Operating Expenses$65,705$52,875$32,218$25,084
Operating Expenses$138,254$114,513$80,322$56,806
Operating Income$58,704$14,184$42,141$21,180
% Margin18%5.9%30.8%25.3%
Other Income/Exp. Net$0$0$0$0
Pre-Tax Income$58,704$14,184$42,141$21,180
Tax Expense$14,815$2,956$10,964$5,812
Net Income$43,889$11,228$31,177$15,368
% Margin13.4%4.7%22.8%18.4%
EPS1.320.421.571.17
% Growth214.3%-73.2%34.2%
EPS Diluted1.320.421.571.17
Weighted Avg Shares Out33,31826,57219,84713,119
Weighted Avg Shares Out Dil33,33926,57419,84713,119
Supplemental Information
Interest Income$295,338$214,079$113,845$70,169
Interest Expense$124,789$78,772$12,543$6,039
Depreciation & Amortization$16,040$10,939$5,861$3,086
EBITDA$74,744$25,123$48,002$24,266
% Margin22.9%10.5%35.1%29%