Bankwell Financial market cap is $230.6 m, and annual revenue was $788 k in FY 2020

Bankwell Financial Net income (FY, 2020)5.9 M

Bankwell Financial Cash, 31-Dec-2020405.3 M

USD | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|---|---|---|

## Revenue | 54.2m | 63.7m | 75.8m | 84.0m | 5.2m | 788.0k |

| 17% | 19% | 11% | |||

## Cost of goods sold | 8.0m | 11.9m | 16.8m | 23.7m | ||

## Gross profit | 46.3m | 51.8m | 59.0m | 60.2m | ||

| 85% | 81% | 78% | 72% | ||

## Sales and marketing expense | 985.0k | 948.0k | 1.2m | 1.6m | 971.0k | 630.0k |

## R&D expense | 1.5m | 1.6m | 1.9m | 2.0m | 2.1m | 3.2m |

## General and administrative expense | 5.3m | 5.8m | 6.2m | 6.8m | ||

## Operating expense total | 29.2m | 29.5m | 32.5m | 35.6m | 5.7m | 6.4m |

## Depreciation and amortization | 196.0k | 151.0k | 118.0k | 92.0k | 75.0k | |

## EBIT | 39.6m | 45.2m | 53.0m | 52.9m | ||

| 73% | 71% | 70% | 63% | ||

## Interest expense | 29.2m | 22.7m | ||||

## Pre tax profit | 13.9m | 18.3m | 25.1m | 21.2m | 22.9m | 7.3m |

## Income tax expense | 4.8m | 6.0m | 11.3m | 3.7m | 4.7m | 1.4m |

## Net Income | 9.0m | 12.4m | 13.8m | 17.4m | 18.2m | 5.9m |

USD | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|---|---|---|

## Cash | 88.6m | 96.4m | 70.7m | 78.1m | 78.1m | 405.3m |

## Accounts Receivable | 4.1m | 5.0m | 1.6b | |||

## Inventories | 132.9m | 154.8m | ||||

## PP&E | 11.2m | 17.8m | 18.2m | 19.8m | 28.5m | |

## Goodwill | 2.6m | 2.6m | 2.6m | 2.6m | 2.6m | 2.6m |

## Total Assets | 1.3b | 1.6b | 1.8b | 1.9b | 1.9b | 2.3b |

## Accounts Payable | 128.2m | 143.7m | 1.4b | 1.5b | ||

## Short-term debt | 25.0m | 25.1m | 25.1m | 25.2m | ||

## Long-term debt | 120.0m | 160.0m | 199.0m | 160.0m | ||

## Total Debt | 145.0m | 185.1m | 224.1m | 185.2m | ||

## Total Liabilities | 1.5b | 1.6b | 1.7b | 1.7b | 2.1b | |

## Common Stock | 120.6m | 121.3m | ||||

## Retained Earnings | 19.0m | 29.7m | 41.0m | 54.7m | 69.3m | 70.8m |

## Total Equity | 131.8m | 145.9m | 161.0m | 174.2m | 182.4m | 176.6m |

## Debt to Equity Ratio | 1.1 x | 1.3 x | 1.4 x | 1.1 x | ||

## Debt to Assets Ratio | 0.1 x | 0.1 x | 0.1 x | 0.1 x | ||

## Financial Leverage | 10.1 x | 11.2 x | 11.2 x | 10.8 x | 10.3 x | 12.8 x |

USD | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|---|---|---|

## Net Income | 9.0m | 12.4m | 13.8m | 17.4m | 18.2m | 5.9m |

## Depreciation and Amortization | 1.7m | 1.7m | 1.5m | 1.7m | 3.4m | 3.3m |

## Accounts Receivable | (748.0k) | (887.0k) | (952.0k) | (465.0k) | ||

## Accounts Payable | (799.0k) | 1.7m | ||||

## Cash From Operating Activities | 14.2m | 17.8m | 20.6m | 20.0m | 6.6m | (1.5m) |

## Purchases of PP&E | (645.0k) | |||||

## Cash From Investing Activities | (194.6m) | (292.1m) | (194.5m) | (74.6m) | 18.7m | (21.9m) |

## Dividends Paid | (125.0k) | (125.0k) | (4.1m) | (4.4m) | ||

## Cash From Financing Activities | 220.4m | 282.1m | 148.3m | 62.0m | (25.4m) | 355.0m |

## Net Change in Cash | (61.0k) | 331.5m | ||||

## Interest Paid | 7.5m | 11.8m | 16.6m | 18.7m | 23.9m | 23.0m |

## Income Taxes Paid | 6.1m | 8.6m | 8.0m | 3.7m | 2.9m | 4.0m |

USD | FY, 2015 |
---|---|

## Debt/Equity | 1.1 x |

## Debt/Assets | 0.1 x |

## Financial Leverage | 10.1 x |

Bankwell Financial's Total Loans was reported to be $1.5b in Q2, 2017.