Southern Michigan Bancorp, Inc.
SOMC · OTC
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Revenue | $49 | $47 | $52 | $46 |
| % Growth | 3.7% | -9.1% | 11.6% | – |
| Cost of Goods Sold | $0 | -$26 | $0 | $0 |
| Gross Profit | $49 | $73 | $52 | $46 |
| % Margin | 100% | 156.6% | 100% | 100% |
| R&D Expenses | $0 | $0 | $0 | $0 |
| G&A Expenses | $5 | $5 | $4 | $4 |
| SG&A Expenses | $32 | $30 | $26 | $24 |
| Sales & Mktg Exp. | $1 | $1 | $1 | $0 |
| Other Operating Expenses | $0 | $0 | $0 | $0 |
| Operating Expenses | $32 | $30 | $26 | $24 |
| Operating Income | $16 | $17 | $19 | $17 |
| % Margin | 33.6% | 36.3% | 37.2% | 36.8% |
| Other Income/Exp. Net | -$4 | -$4 | -$3 | -$3 |
| Pre-Tax Income | $12 | $13 | $16 | $14 |
| Tax Expense | $2 | $2 | $3 | $2 |
| Net Income | $10 | $11 | $13 | $12 |
| % Margin | 21.4% | 23.3% | 26.2% | 25.5% |
| EPS | 2.28 | 2.4 | 2.98 | 2.59 |
| % Growth | -5% | -19.5% | 15.1% | – |
| EPS Diluted | 2.28 | 2.4 | 2.97 | 2.58 |
| Weighted Avg Shares Out | 5 | 5 | 5 | 5 |
| Weighted Avg Shares Out Dil | 5 | 5 | 5 | 5 |
| Supplemental Information | – | – | – | – |
| Interest Income | $0 | $0 | $0 | $0 |
| Interest Expense | $0 | $0 | $0 | $0 |
| Depreciation & Amortization | $0 | -$14 | $1 | $1 |
| EBITDA | $12 | -$1 | $17 | $16 |
| % Margin | 25% | -1.7% | 33.9% | 33.6% |