SpareBank 1 SMN
SRMGF · OTC
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Revenue | $16,056,000 | $13,850,000 | $8,297,000 | $6,188,000 |
| % Growth | 15.9% | 66.9% | 34.1% | – |
| Cost of Goods Sold | $8,187,000 | $6,631,000 | $2,976,000 | $1,107,000 |
| Gross Profit | $7,869,000 | $7,219,000 | $5,321,000 | $5,081,000 |
| % Margin | 49% | 52.1% | 64.1% | 82.1% |
| R&D Expenses | $0 | $0 | $0 | $0 |
| G&A Expenses | $0 | $0 | $0 | $0 |
| SG&A Expenses | $104,000 | $93,000 | $86,000 | $75,000 |
| Sales & Mktg Exp. | $104,000 | $93,000 | $86,000 | $75,000 |
| Other Operating Expenses | $2,118,000 | $2,642,000 | $1,911,000 | $1,740,000 |
| Operating Expenses | $2,222,000 | $2,735,000 | $1,997,000 | $1,815,000 |
| Operating Income | $5,647,000 | $4,484,000 | $3,324,000 | $3,266,000 |
| % Margin | 35.2% | 32.4% | 40.1% | 52.8% |
| Other Income/Exp. Net | $0 | $0 | $0 | $0 |
| Pre-Tax Income | $5,647,000 | $4,484,000 | $3,324,000 | $3,266,000 |
| Tax Expense | $1,054,000 | $904,000 | $718,000 | $563,000 |
| Net Income | $4,485,000 | $3,614,000 | $2,655,000 | $2,742,000 |
| % Margin | 27.9% | 26.1% | 32% | 44.3% |
| EPS | 20.1 | 10.88 | 11.44 | 11.77 |
| % Growth | 84.7% | -4.9% | -2.8% | – |
| EPS Diluted | 20.1 | 26.17 | 11.44 | 11.77 |
| Weighted Avg Shares Out | 144,188 | 144,185 | 129,316 | 129,340 |
| Weighted Avg Shares Out Dil | 144,188 | 138,106 | 129,316 | 129,340 |
| Supplemental Information | – | – | – | – |
| Interest Income | $13,561,000 | $11,363,000 | $6,316,000 | $3,913,000 |
| Interest Expense | $8,187,000 | $6,631,000 | $2,976,000 | $1,107,000 |
| Depreciation & Amortization | $183,000 | $153,000 | $117,000 | $186,000 |
| EBITDA | $5,830,000 | $4,637,000 | $3,441,000 | $3,452,000 |
| % Margin | 36.3% | 33.5% | 41.5% | 55.8% |