United Bancshares, Inc.

UBOH · OTC
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12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$41,832$52,837$46,999$53,718
% Growth-20.8%12.4%-12.5%
Cost of Goods Sold$0$13,703$2,258$3,369
Gross Profit$41,832$39,134$44,741$50,349
% Margin100%74.1%95.2%93.7%
R&D Expenses$0$0$0$0
G&A Expenses$19,846$16,252$18,752$20,973
SG&A Expenses$20,738$17,225$20,502$23,257
Sales & Mktg Exp.$892$973$1,750$2,284
Other Operating Expenses$0$12,620$11,715$11,017
Operating Expenses$20,738$29,845$32,217$34,274
Operating Income$41,832$9,289$12,524$16,075
% Margin100%17.6%26.6%29.9%
Other Income/Exp. Net-$31,915$0$0$0
Pre-Tax Income$9,917$9,289$12,524$16,075
Tax Expense$762$683$1,214$2,494
Net Income$9,155$8,606$11,310$13,581
% Margin21.9%16.3%24.1%25.3%
EPS3.062.83.464.14
% Growth9.3%-19.1%-16.4%
EPS Diluted3.062.83.464.07
Weighted Avg Shares Out2,9923,0723,2603,277
Weighted Avg Shares Out Dil2,9923,0723,2713,277
Supplemental Information
Interest Income$0$47,201$38,942$38,804
Interest Expense$0$14,094$3,258$3,069
Depreciation & Amortization$0$1,827$1,612$1,543
EBITDA$9,917$11,116$14,136$17,618
% Margin23.7%21%30.1%32.8%