Sturgis Bancorp, Inc.

STBI · OTC
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12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$56$49$35$33
% Growth14.5%38.6%7.6%
Cost of Goods Sold$23$14$4$5
Gross Profit$33$35$31$28
% Margin58.5%72.4%87.3%84.2%
R&D Expenses$0$0$0$0
G&A Expenses$18$18$15$13
SG&A Expenses$19$19$15$14
Sales & Mktg Exp.$1$1$1$1
Other Operating Expenses$10$9$8$6
Operating Expenses$30$28$23$20
Operating Income$3$7$8$8
% Margin5.6%14.6%22.6%23.3%
Other Income/Exp. Net$0$0$0$0
Pre-Tax Income$3$7$8$8
Tax Expense$0$1$1$1
Net Income$3$6$7$6
% Margin5.1%12.3%18.7%19.3%
EPS1.322.813.12.98
% Growth-53%-9.4%4%
EPS Diluted1.322.813.092.98
Weighted Avg Shares Out2222
Weighted Avg Shares Out Dil2222
Supplemental Information
Interest Income$46$40$29$24
Interest Expense$19$12$4$4
Depreciation & Amortization$0$2$2$2
EBITDA$3$9$10$10
% Margin5.6%18.5%27.1%30.3%