SmartFinancial, Inc.
SMBK · NASDAQ
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Revenue | $285,271 | $240,368 | $186,549 | $149,181 |
| % Growth | 18.7% | 28.8% | 25% | – |
| Cost of Goods Sold | $118,922 | $90,992 | $25,351 | $13,471 |
| Gross Profit | $166,349 | $149,376 | $161,198 | $135,710 |
| % Margin | 58.3% | 62.1% | 86.4% | 91% |
| R&D Expenses | $0 | $0 | $0 | $0 |
| G&A Expenses | $75,490 | $68,905 | $66,092 | $53,489 |
| SG&A Expenses | $76,811 | $70,247 | $67,385 | $54,319 |
| Sales & Mktg Exp. | $1,321 | $1,342 | $1,293 | $830 |
| Other Operating Expenses | $44,079 | $42,903 | $38,905 | $37,072 |
| Operating Expenses | $120,890 | $113,150 | $106,290 | $91,391 |
| Operating Income | $45,459 | $36,226 | $54,908 | $44,319 |
| % Margin | 15.9% | 15.1% | 29.4% | 29.7% |
| Other Income/Exp. Net | $0 | $0 | $0 | $0 |
| Pre-Tax Income | $45,459 | $36,226 | $54,908 | $44,319 |
| Tax Expense | $9,318 | $7,633 | $11,886 | $9,529 |
| Net Income | $36,141 | $28,593 | $43,022 | $34,790 |
| % Margin | 12.7% | 11.9% | 23.1% | 23.3% |
| EPS | 2.16 | 1.7 | 2.57 | 2.23 |
| % Growth | 27.1% | -33.9% | 15.2% | – |
| EPS Diluted | 2.14 | 1.69 | 2.55 | 2.22 |
| Weighted Avg Shares Out | 16,769 | 16,815 | 16,740 | 15,573 |
| Weighted Avg Shares Out Dil | 16,875 | 16,918 | 16,871 | 15,699 |
| Supplemental Information | – | – | – | – |
| Interest Income | $251,119 | $218,043 | $158,834 | $125,232 |
| Interest Expense | $113,769 | $87,963 | $21,333 | $11,838 |
| Depreciation & Amortization | $11,415 | $13,498 | $12,644 | $9,001 |
| EBITDA | $56,874 | $49,724 | $67,552 | $53,320 |
| % Margin | 19.9% | 20.7% | 36.2% | 35.7% |