Skyline Bankshares, Inc.

SLBK · OTC
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12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$60,821$50,335$42,824$41,324
% Growth20.8%17.5%3.6%
Cost of Goods Sold$15,182$7,717$2,536$3,152
Gross Profit$45,639$42,618$40,288$38,172
% Margin75%84.7%94.1%92.4%
R&D Expenses$0$0$0$0
G&A Expenses$18,816$17,641$15,607$15,478
SG&A Expenses$19,781$18,409$16,264$16,180
Sales & Mktg Exp.$965$768$657$702
Other Operating Expenses$16,500$12,133$11,224$10,087
Operating Expenses$36,281$30,542$27,488$26,267
Operating Income$9,358$12,076$12,800$11,905
% Margin15.4%24%29.9%28.8%
Other Income/Exp. Net$0$0$0$0
Pre-Tax Income$9,358$12,076$12,800$11,905
Tax Expense$1,933$2,376$2,519$2,423
Net Income$7,425$9,700$10,281$9,482
% Margin12.2%19.3%24%22.9%
EPS1.341.741.841.59
% Growth-23%-5.4%15.7%
EPS Diluted1.341.741.841.59
Weighted Avg Shares Out5,5575,5805,5885,979
Weighted Avg Shares Out Dil5,5575,5805,5885,979
Supplemental Information
Interest Income$53,272$43,209$36,462$34,646
Interest Expense$14,066$7,767$1,930$2,429
Depreciation & Amortization$2,522$2,254$2,168$2,087
EBITDA$11,880$14,330$14,968$13,992
% Margin19.5%28.5%35%33.9%