$9.8 M

Citizens Independent Bancorp Revenue FY, 2016
Citizens Independent Bancorp Revenue growth (FY, 2015 - FY, 2016), %1%
Citizens Independent Bancorp Gross profit (FY, 2016)9 M
Citizens Independent Bancorp Gross profit margin (FY, 2016), %91.6%
Citizens Independent Bancorp Net income (FY, 2016)1.2 M
Citizens Independent Bancorp EBIT (FY, 2016)7.2 M
Citizens Independent Bancorp Cash, 31-Dec-20164.9 M

Citizens Independent Bancorp Income Statement

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

9.7m9.8m

Revenue growth, %

1%

Cost of goods sold

1.2m818.0k

Gross profit

8.4m9.0m

Gross profit Margin, %

87%92%

Sales and marketing expense

198.0k170.0k

R&D expense

366.0k363.0k

Operating expense total

3.7m3.9m

EBIT

7.2m7.2m

EBIT margin, %

74%74%

Pre tax profit

886.0k1.9m

Income tax expense

232.0k622.0k

Net Income

607.0k6.1m654.0k1.2m

Quarterly

USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Revenue

2.4m2.6m2.4m2.3m2.3m

Cost of goods sold

314.0k303.0k211.0k206.0k205.0k

Gross profit

2.1m2.3m2.2m2.1m2.1m

Gross profit Margin, %

87%89%91%91%91%

Sales and marketing expense

55.0k56.0k55.0k54.0k35.0k

R&D expense

92.0k86.0k87.0k94.0k93.0k

Operating expense total

1.9m2.1m2.0m1.8m1.6m

EBIT

1.7m1.7m1.8m1.8m1.8m

EBIT margin, %

74%66%74%76%77%

Pre tax profit

200.0k244.0k263.0k344.0k490.0k

Income tax expense

51.0k67.0k45.0k94.0k144.0k

Net Income

301.0k497.0k702.0k103.0k149.0k177.0k218.0k250.0k346.0k

Citizens Independent Bancorp Balance Sheet

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

15.0m16.6m9.4m4.9m

Accounts Receivable

446.0k348.0k285.0k894.7m

Inventories

147.0m149.2m154.0m

PP&E

3.3m3.1m3.0m4.3m

Total Assets

200.9m201.8m183.8m179.5m

Accounts Payable

185.6m1.5m162.3m156.1m

Total Liabilities

195.2m166.4m160.3m

Retained Earnings

3.4m9.5m10.1m11.3m

Total Equity

5.6m14.8m17.4m19.2m

Financial Leverage

35.7 x13.6 x10.6 x9.3 x

Citizens Independent Bancorp Cash Flow

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

607.0k6.1m654.0k1.2m

Depreciation and Amortization

389.0k333.0k291.0k301.0k

Accounts Receivable

89.0k98.0k63.0k27.0k

Accounts Payable

(97.0k)(443.0k)(733.0k)(178.0k)

Cash From Operating Activities

1.1m692.0k(330.0k)1.2m

Cash From Investing Activities

28.2m5.6m10.4m(197.0k)

Cash From Financing Activities

(24.5m)(4.6m)(17.3m)(5.5m)

Quarterly

USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Net Income

679.0k301.0k497.0k702.0k103.0k252.0k428.0k218.0k468.0k812.0k

Depreciation and Amortization

279.0k93.0k182.0k262.0k143.0k217.0k92.0k165.0k232.0k

Accounts Receivable

(62.0k)(52.0k)94.0k43.0k36.0k(9.0k)(22.0k)(15.0k)8.0k

Accounts Payable

(125.0k)(218.0k)(281.0k)(379.0k)(326.0k)(421.0k)(180.0k)(187.0k)(199.0k)

Cash From Operating Activities

469.0k(145.0k)117.0k367.0k247.0k358.0k(212.0k)30.0k658.0k

Cash From Investing Activities

24.4m4.9m1.8m(1.2m)7.0m10.2m6.2m7.5m3.8m

Cash From Financing Activities

(15.7m)(476.0k)3.0m(3.1m)(8.1m)(9.8m)(4.2m)(3.2m)(3.8m)

Interest Paid

1.7m391.0k604.0k822.0k

Income Taxes Paid

Citizens Independent Bancorp Ratios

USDY, 2016

Financial Leverage

9.3 x