Summary - Funding Rounds

Founding Date

1868
Lake Sunapee Bank Group is a subsidiary of Bar Harbor Bankshares

Lake Sunapee Bank Group Income Statement

Annual

USDFY, 2013FY, 2014FY, 2015

Revenue

2.7m8.3m8.5m

Revenue growth, %

204%2%

Cost of goods sold

6.8m6.9m

Gross profit

1.5m1.6m

Gross profit Margin, %

18%19%

EBIT

41.0m40.2m

EBIT margin, %

492%475%

Pre tax profit

13.6m12.6m

Income tax expense

3.6m3.6m

Net Income

8.4m10.0m9.0m

Quarterly

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

Revenue

14.1m16.3m17.3m17.2m16.8m16.9m16.5m17.0m18.6m17.9m

Cost of goods sold

1.5m1.6m1.6m1.7m1.8m1.7m1.6m1.9m2.0m1.9m

Gross profit

12.6m14.6m15.7m15.5m15.0m15.2m14.8m15.1m16.7m16.0m

Gross profit Margin, %

89%90%91%90%89%90%90%89%89%89%

Sales and marketing expense

159.0k155.0k281.0k222.0k6.0m6.0m297.0k6.2m298.0k6.4m

General and administrative expense

1.1m1.6m1.4m1.3m1.6m1.5m1.5m1.5m1.5m1.4m

Operating expense total

9.5m11.6m11.7m11.5m11.4m11.5m11.8m11.5m13.0m12.2m

Depreciation and amortization

435.0k434.0k416.0k376.0k341.0k

EBIT

8.0m10.3m10.0m10.6m10.0m10.0m10.4m10.5m10.8m10.5m

EBIT margin, %

56%63%57%62%60%59%63%61%58%59%

Pre tax profit

3.0m3.0m3.3m4.0m3.4m3.1m3.5m3.5m

Income tax expense

415.0k899.0k994.0k1.3m1.1m1.1m905.0k1.0m1.1m1.2m

Net Income

2.6m2.1m2.3m2.7m2.3m2.4m2.1m2.5m2.4m2.3m

Lake Sunapee Bank Group Balance Sheet

Annual

USDFY, 2013FY, 2014FY, 2015

Cash

33.6m51.1m42.6m

Accounts Receivable

2.6m2.6m2.4m

PP&E

23.8m24.4m

Goodwill

44.6m44.6m44.6m

Total Assets

1.4b1.5b1.5b

Accounts Payable

1.1b1.2b

Short-term debt

20.6m37.6m37.6m

Long-term debt

121.7m141.0m150.0m

Total Debt

142.4m178.6m187.6m

Total Liabilities

1.3b1.4b

Additional Paid-in Capital

101.0m86.6m80.3m

Retained Earnings

58.3m63.9m68.3m

Total Equity

149.3m139.8m136.7m

Debt to Equity Ratio

1 x1.3 x1.4 x

Debt to Assets Ratio

0.1 x0.1 x0.1 x

Financial Leverage

9.5 x10.8 x11.1 x

Quarterly

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

Cash

22.4m35.9m43.7m40.0m45.8m65.2m41.9m38.7m54.6m36.1m

Goodwill

44.8m45.0m44.6m44.6m44.6m44.6m44.6m44.6m

Total Assets

1.2b1.4b1.5b1.5b1.5b1.5b1.5b1.6b1.6b1.6b

Accounts Payable

921.4m1.1b1.1b1.1b1.1b1.1b1.1b1.1b1.1b1.1b

Short-term debt

20.6m20.6m20.6m20.6m37.6m37.6m37.6m36.9m36.9m36.9m

Long-term debt

124.7m156.0m171.0m161.0m141.0m146.0m130.0m203.4m226.2m202.2m

Total Debt

145.4m176.6m191.6m181.6m178.6m183.6m167.6m240.2m263.1m239.1m

Total Liabilities

1.1b1.3b1.3b1.3b1.3b1.4b1.3b1.4b1.4b1.4b

Additional Paid-in Capital

84.9m101.0m101.3m101.4m86.6m87.8m88.0m80.3m80.4m80.4m

Retained Earnings

57.3m59.4m60.6m62.2m65.1m66.4m67.4m69.6m70.8m72.0m

Total Equity

131.6m150.8m152.8m153.9m141.4m142.8m144.2m139.7m141.4m142.4m

Debt to Equity Ratio

1.1 x1.2 x1.3 x1.2 x1.2 x1.9 x

Debt to Assets Ratio

0.1 x0.1 x0.1 x0.1 x0.1 x0.2 x

Financial Leverage

9.4 x9.5 x9.8 x9.6 x10.5 x10.6 x10.3 x11.2 x11.3 x11.1 x

Lake Sunapee Bank Group Cash Flow

Annual

USDFY, 2013FY, 2014FY, 2015

Net Income

8.4m10.0m9.0m

Depreciation and Amortization

1.8m1.7m1.5m

Accounts Receivable

2.6m2.4m

Accounts Payable

1.1m

Cash From Operating Activities

20.5m17.0m

Purchases of PP&E

(10.5m)

Cash From Investing Activities

(1.9m)(28.6m)

Dividends Paid

(316.0k)(74.0k)

Cash From Financing Activities

(24.1m)3.1m

Interest Paid

6.6m

Income Taxes Paid

2.9m

Quarterly

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

Net Income

6.4m2.1m4.5m7.2m2.3m4.7m6.9m4.8m

Depreciation and Amortization

1.2m520.0k1.1m1.7m1.2m1.9m1.3m

Accounts Receivable

3.0k

Accounts Payable

1.2m

Cash From Operating Activities

19.4m4.1m1.5m9.7m5.6m15.8m(669.0k)

Purchases of PP&E

(7.7m)(7.7m)

Cash From Investing Activities

404.0k(9.9m)(54.7m)(51.3m)6.5m1.8m(54.8m)

Dividends Paid

(259.0k)(58.0k)(115.0k)(173.0k)(40.0k)(60.0k)

Cash From Financing Activities

(36.7m)8.1m63.2m48.0m2.0m(26.8m)67.5m

Interest Paid

3.6m5.3m3.8m

Income Taxes Paid

3.1m364.0k2.5m3.4m965.0k1.4m2.2m

Free Cash Flow

16.6m2.9m(336.0k)7.4m
Report incorrect company information

Lake Sunapee Bank Group Employee Rating

3.01 votes
Culture & Values
3.0
Work/Life Balance
4.0
Senior Management
3.0
Salary & Benefits
2.0
Career Opportunities
1.0
Source