Sturgis Bancorp, Inc.
STBI · OTC
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Revenue | $56,112 | $49,026 | $35,382 | $32,885 |
| % Growth | 14.5% | 38.6% | 7.6% | – |
| Cost of Goods Sold | $23,308 | $13,536 | $4,487 | $5,192 |
| Gross Profit | $32,804 | $35,490 | $30,895 | $27,693 |
| % Margin | 58.5% | 72.4% | 87.3% | 84.2% |
| R&D Expenses | $0 | $0 | $0 | $0 |
| G&A Expenses | $18,421 | $18,134 | $14,814 | $12,945 |
| SG&A Expenses | $19,248 | $18,857 | $15,339 | $13,538 |
| Sales & Mktg Exp. | $827 | $723 | $525 | $593 |
| Other Operating Expenses | $10,398 | $9,476 | $7,562 | $6,480 |
| Operating Expenses | $29,646 | $28,333 | $22,901 | $20,018 |
| Operating Income | $3,158 | $7,157 | $7,994 | $7,675 |
| % Margin | 5.6% | 14.6% | 22.6% | 23.3% |
| Other Income/Exp. Net | $0 | $0 | $0 | $0 |
| Pre-Tax Income | $3,158 | $7,157 | $7,994 | $7,675 |
| Tax Expense | $323 | $1,139 | $1,374 | $1,331 |
| Net Income | $2,835 | $6,018 | $6,620 | $6,344 |
| % Margin | 5.1% | 12.3% | 18.7% | 19.3% |
| EPS | 1.32 | 2.81 | 3.1 | 2.98 |
| % Growth | -53% | -9.4% | 4% | – |
| EPS Diluted | 1.32 | 2.81 | 3.09 | 2.98 |
| Weighted Avg Shares Out | 2,151 | 2,142 | 2,135 | 2,129 |
| Weighted Avg Shares Out Dil | 2,159 | 2,142 | 2,141 | 2,132 |
| Supplemental Information | – | – | – | – |
| Interest Income | $46,009 | $40,290 | $28,630 | $23,513 |
| Interest Expense | $18,723 | $12,267 | $4,487 | $4,118 |
| Depreciation & Amortization | $0 | $1,911 | $1,585 | $2,284 |
| EBITDA | $3,158 | $9,068 | $9,579 | $9,959 |
| % Margin | 5.6% | 18.5% | 27.1% | 30.3% |