Marlin Business Services provides equipment financing solutions to small and mid-sized businesses. It finances approximately 100 categories of commercial equipment, including copiers, security systems, computers and software, telecommunications equipment, and certain commercial and industrial equipment. The Company also offers property insurance coverage on its equipment and issues Federal Deposit Insurance Corporation (FDIC)-insured deposits and money market demand accounts.

Type
Public
HQ
Mount Laurel, US
Founded
1997
Size (employees)
318 (est)
Marlin Business Services was founded in 1997 and is headquartered in Mount Laurel, US
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Marlin Business Services Office Locations

Marlin Business Services has an office in Mount Laurel
Mount Laurel, US (HQ)
300 Fellowship Rd
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Marlin Business Services Financials and Metrics

Marlin Business Services Financials

Marlin Business Services's revenue was reported to be $100.01 m in FY, 2016 which is a 11.4% increase from the previous period.
USD

Net income (Q2, 2017)

4.6 m

Market capitalization (5-Feb-2018)

332.4 m

Cash (3-Feb-2018)

77.3 m
Marlin Business Services's current market capitalization is $332.4 m.
Annual
USDFY, 2014FY, 2015FY, 2016

Revenue

88.8 m89.8 m100 m

Revenue growth, %

1%11%

Sales and marketing expense

31.9 m

General and administrative expense

19.5 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Sales and marketing expense

6.6 m7.2 m6.5 m6.3 m7 m7.3 m7.1 m8.2 m7.8 m7.8 m9.4 m9.1 m

General and administrative expense

3.5 m4.2 m4 m3.8 m4.1 m4.3 m4.4 m4.5 m4.6 m5 m10.2 m6.1 m

Operating expense total

10.1 m11.4 m10.4 m10.1 m11.1 m11.6 m11.4 m12.7 m12.4 m12.8 m19.6 m15.2 m

Interest expense

1 m1.2 m1.2 m1.3 m1.3 m1.3 m1.4 m1.7 m1.9 m2.1 m2.3 m2.6 m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

85.7 m110.7 m60.1 m61.8 m

PP&E

2.3 m2.8 m3.9 m3.5 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

75.8 m118.6 m98.6 m104.2 m113.1 m90.7 m105.2 m65.1 m78.8 m77.6 m75.7 m77.3 m

PP&E

2.5 m2.1 m2.4 m2.6 m3.5 m4 m4 m3.7 m3.7 m3.6 m3.4 m4.4 m

Goodwill

1.2 m1.2 m

Total Assets

673.2 m741 m736.2 m740.2 m769.2 m765 m790.5 m801.1 m841.8 m869 m944.5 m985.1 m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

16.2 m19.4 m16 m17.3 m

Depreciation and Amortization

1.8 m1.6 m1.7 m1.8 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

4.7 m4.6 m4.9 m4.9 m4.1 m8.2 m13 m3.7 m8.1 m12.5 m1.5 m6.1 m

Depreciation and Amortization

787 k1.2 m448 k893 k1.4 m609 k1.4 m

Accounts Payable

11.2 m13.4 m12.4 m12.1 m13.3 m11.7 m13.8 m13.8 m20.9 m

Cash From Operating Activities

9.6 m23.3 m5.9 m17.2 m25.9 m17.7 m23.8 m
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Marlin Business Services Operating Metrics

Marlin Business Services's Total Loans was reported to be $862.7m in Q2, 2017.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Leases

79 k82 k86 k

Non-accrual Loans

$1.74 m$1.98 m$1.43 m$1.68 m$1.68 m$2.35 m$1.77 m$2.02 m$2.24 m$2.34 m$2.62 m

Small and Medium Business Customers

65 k68 k72 k

Total Loans

$629.51 m$628.02 m$641.08 m$659.25 m$682.43 m$702.13 m$730.75 m$759.42 m$796.72 m$828.84 m$862.70 m
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