Summit State Bank
SSBI · NASDAQ
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Revenue | $62,030 | $65,059 | $56,157 | $46,426 |
| % Growth | -4.7% | 15.9% | 21% | – |
| Cost of Goods Sold | $37,223 | $25,053 | $9,070 | $5,661 |
| Gross Profit | $24,807 | $40,006 | $47,087 | $40,765 |
| % Margin | 40% | 61.5% | 83.8% | 87.8% |
| R&D Expenses | $0 | $0 | $0 | $0 |
| G&A Expenses | $17,409 | $17,112 | $16,245 | $13,951 |
| SG&A Expenses | $18,374 | $18,386 | $17,729 | $14,910 |
| Sales & Mktg Exp. | $965 | $1,274 | $1,484 | $959 |
| Other Operating Expenses | $10,821 | $6,339 | $5,488 | $4,975 |
| Operating Expenses | $29,195 | $24,725 | $23,217 | $19,885 |
| Operating Income | -$4,388 | $15,281 | $23,870 | $20,880 |
| % Margin | -7.1% | 23.5% | 42.5% | 45% |
| Other Income/Exp. Net | $0 | $0 | $0 | $0 |
| Pre-Tax Income | -$4,388 | $15,281 | $23,870 | $20,880 |
| Tax Expense | -$195 | $4,459 | $6,902 | $6,182 |
| Net Income | -$4,193 | $10,822 | $16,968 | $14,698 |
| % Margin | -6.8% | 16.6% | 30.2% | 31.7% |
| EPS | -0.62 | 1.62 | 2.54 | 2.2 |
| % Growth | -138.3% | -36.2% | 15.5% | – |
| EPS Diluted | -0.62 | 1.62 | 2.54 | 2.2 |
| Weighted Avg Shares Out | 6,714 | 6,695 | 6,687 | 6,680 |
| Weighted Avg Shares Out Dil | 6,714 | 6,698 | 6,687 | 6,682 |
| Supplemental Information | – | – | – | – |
| Interest Income | $58,248 | $59,825 | $48,655 | $41,729 |
| Interest Expense | $29,286 | $24,779 | $6,529 | $4,367 |
| Depreciation & Amortization | $392 | $385 | $391 | $408 |
| EBITDA | -$3,996 | $15,666 | $24,261 | $21,288 |
| % Margin | -6.4% | 24.1% | 43.2% | 45.9% |