$58 M

LOAN Mkt cap, 22-Jun-2018

$5.9 M

Manhattan Bridge Capital Revenue FY, 2017
Manhattan Bridge Capital Net income (FY, 2017)3.4 M
Manhattan Bridge Capital EBIT (FY, 2017)3.5 M
Manhattan Bridge Capital Cash, 31-Dec-2017136.4 K
Manhattan Bridge Capital EV74.8 M

Manhattan Bridge Capital Financials

Manhattan Bridge Capital Income Statement

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

2.3 m2.9 m4 m4.6 m5.9 m

Revenue growth, %

29%38%16%

General and administrative expense

837.8 k876.9 k1 m1 m1.2 m

Operating expense total

837.8 k876.9 k1 m1 m2.5 m

EBIT

977.4 k1.5 m2.3 m2.9 m3.5 m

EBIT margin, %

43%50%57%61%58%

Pre tax profit

970 k1.5 m2.2 m2.8 m3.4 m

Income tax expense

(387 k)(27.8 k)(1.6 k)(2.1 k)(3 k)

Net Income

583 k1.5 m2.2 m2.8 m3.4 m

Quarterly

USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

630.1 k765.7 k911.8 k912 k1 m1.1 m1.2 m1.2 m1.3 m

General and administrative expense

175.8 k202.8 k251.9 k214.7 k229.9 k227.8 k233.5 k237 k305.5 k

Operating expense total

175.8 k202.8 k251.9 k214.7 k229.9 k227.8 k233.5 k237 k305.5 k

EBIT

331.1 k417.8 k475.6 k545.4 k641 k721.7 k724.5 k

EBIT margin, %

53%55%52%60%62%62%62%

Pre tax profit

475.6 k695.8 k711.7 k724.5 k791.1 k

Income tax expense

83 k4.3 k(2 k)(508 )(1.6 k)

Net Income

629.2 k1.1 m475.6 k1 m1.6 m695.3 k1.4 m2.1 m791.1 k

Manhattan Bridge Capital Balance Sheet

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

1 m47.7 k106.8 k96.3 k136.4 k

Current Assets

11.9 m19.4 m20.7 m28 m

PP&E

19.1 k8.8 k8 k

Total Assets

16.1 m24.4 m31.7 m35.3 m45.9 m

Accounts Payable

57.1 k163.6 k99.6 k105.5 k167.6 k

Dividends Payable

617.4 k813.5 k892 k

Current Liabilities

7.7 m

Long-term debt

5.4 m7.7 m11.8 m6.5 m16.9 m

Total Debt

6.5 m16.9 m

Total Liabilities

13 m23.7 m

Additional Paid-in Capital

9.7 m14.1 m18.5 m23.1 m23.2 m

Retained Earnings

(487.7 k)113.3 k(395.7 k)(459.1 k)(387.7 k)

Total Equity

13.9 m17.7 m22.3 m22.2 m

Debt to Equity Ratio

0.3 x

Debt to Assets Ratio

0.2 x

Financial Leverage

1.8 x1.8 x1.6 x2.1 x

Quarterly

USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

135.5 k60.1 k256.3 k45.4 k61.1 k61.3 k127.5 k158.5 k120.7 k

Current Assets

11.8 m18.1 m17.5 m15.3 m16.1 m20.4 m25.2 m24.7 m27.5 m

PP&E

17.5 k16.6 k17.6 k8.9 k8.5 k9 k6.9 k

Total Assets

17.7 m23.5 m24.5 m26.5 m29.8 m30.3 m34.2 m33.1 m36.1 m

Accounts Payable

49.4 k42.7 k66.1 k87 k89.6 k127.8 k89.6 k71.9 k82.6 k

Dividends Payable

Current Liabilities

10.2 m4.7 m7.6 m

Long-term debt

6.6 m7 m9.3 m7 m10.1 m10.7 m9.5 m4.3 m7.2 m

Additional Paid-in Capital

9.8 m14.1 m14.1 m18.4 m18.4 m18.5 m18.6 m23 m23.1 m

Retained Earnings

13.6 k141.3 k102.2 k145.6 k207.2 k299.6 k391.6 k459.9 k332 k

Total Equity

13.9 m18.2 m18.2 m18.4 m18.6 m23.1 m23.1 m

Financial Leverage

1.8 x1.5 x1.6 x1.6 x1.8 x1.4 x1.6 x

Manhattan Bridge Capital Cash Flow

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

583 k1.5 m2.2 m2.8 m3.4 m

Depreciation and Amortization

5.7 k3.8 k4.6 k

Accounts Payable

(13.3 k)106.6 k(64 k)5.9 k62 k

Cash From Operating Activities

785.8 k1.3 m2.1 m3.1 m3.5 m

Purchases of PP&E

(19.1 k)(9.3 k)(3 k)(1.7 k)

Cash From Investing Activities

(1.1 m)(9.2 m)(6.9 m)(3.9 m)(10.4 m)

Dividends Paid

(128 k)(853.5 k)(2.1 m)(2.7 m)(3.3 m)

Cash From Financing Activities

1.1 m7 m4.8 m791.9 k6.9 m

Quarterly

USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

629.2 k1.1 m475.6 k1 m1.6 m695.3 k1.4 m2.1 m791.1 k

Depreciation and Amortization

1.6 k3.2 k4.9 k862 1.8 k2.8 k1.1 k

Accounts Payable

(7.7 k)(14.4 k)(97.6 k)(76.6 k)(74 k)28.1 k(10.1 k)(27.7 k)(22.9 k)

Cash From Operating Activities

367.7 k782.8 k277.4 k759.7 k1.5 m711 k1.5 m2.3 m754.7 k

Purchases of PP&E

(684 )(3.5 k)(1 k)(1.5 k)(3 k)

Cash From Investing Activities

(2.2 m)(8.3 m)271.5 k(1.9 m)(5.1 m)1.9 m(1.2 m)(630.8 k)(449 k)

Dividends Paid

(429.3 k)(1.6 m)(1.9 m)

Cash From Financing Activities

972.8 k6.6 m(340.3 k)1.1 m3.6 m(2.7 m)(288.6 k)(1.6 m)(281.4 k)

Manhattan Bridge Capital Ratios

USDY, 2017

EV/EBIT

21.6 x

EV/CFO

21.6 x

Revenue/Employee

3 m

Financial Leverage

2.1 x
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