$524.6 M

FBMS Mkt cap, 21-Sep-2018

$52.9 M

The First Bancshares Revenue Q2, 2018
The First Bancshares Gross profit (Q2, 2018)47 M
The First Bancshares Gross profit margin (Q2, 2018), %88.9%
The First Bancshares EBIT (Q2, 2018)36.8 M
The First Bancshares Cash, 30-Jun-2018120.4 M
The First Bancshares EV479.4 M

The First Bancshares Income Statement

Annual

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

Revenue

31.3 m36.4 m40.2 m55.9 m

Revenue growth, %

16%11%39%

Cost of goods sold

3.2 m4.3 m6.9 m

Gross profit

37 m51.5 m

Gross profit Margin, %

92%92%

R&D expense

1 m

Operating expense total

1 m

EBIT

36.6 m39.7 m58.7 m

EBIT margin, %

91%71%

Pre tax profit

12 m14 m17.6 m

Income tax expense

3.2 m3.9 m7 m

Net Income

4.6 m6.6 m8.8 m10.1 m10.6 m

Quarterly

USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018Q2, 2018

Revenue

11.9 m12.1 m13.1 m13.8 m14.4 m19.1 m20.2 m22.2 m52.9 m

Cost of goods sold

806 k793 k922 k1 m1.2 m1.6 m1.6 m2.4 m5.8 m

Gross profit

11.1 m11.3 m12.2 m12.8 m13.2 m17.6 m18.6 m19.8 m47 m

Gross profit Margin, %

93%93%93%93%92%92%92%89%89%

Sales and marketing expense

4.6 m4.6 m5.1 m5.4 m5.6 m7.6 m7.8 m

General and administrative expense

1.1 m1.1 m1.1 m1.1 m1.2 m1.4 m1.3 m1.3 m3.7 m

Operating expense total

5.8 m5.8 m6.2 m6.5 m6.9 m9 m9.1 m1.3 m3.7 m

EBIT

9.2 m9 m9.5 m9.7 m9.9 m14.2 m14.8 m16.1 m36.8 m

EBIT margin, %

78%75%73%70%69%74%73%72%70%

Pre tax profit

3 m3 m3.6 m3.7 m3.6 m1.4 m3.3 m5 m11.6 m

Income tax expense

(390 k)(205 k)(388 k)793 k815 k969 k1 m1 m296 k908 k1 m2.4 m

Net Income

2 m1.1 m1.4 m2.2 m2.2 m2.6 m2.6 m2.6 m1.1 m2.4 m

The First Bancshares Balance Sheet

Annual

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

Cash

39.3 m44.6 m41.3 m62.1 m91.9 m

Accounts Receivable

3.3 m3.7 m4 m4.4 m6.7 m

Inventories

PP&E

32.1 m34.8 m33.6 m34.6 m46.4 m

Goodwill

10.6 m12.3 m13.8 m13.8 m20 m

Total Assets

940.9 m1.1 b1.1 b1.3 b1.8 b

Accounts Payable

400 k315.8 k245.7 k1 b1.5 b

Short-term debt

10.3 m10.3 m10.3 m10.3 m10.3 m

Long-term debt

Total Debt

10.3 m10.3 m

Total Liabilities

1.1 b1.6 b

Additional Paid-in Capital

42.1 m44.4 m44.7 m102.6 m158.5 m

Retained Earnings

22.5 m28 m35.6 m44.5 m53.7 m

Total Equity

85.1 m96.2 m103.4 m154.5 m222.5 m

Debt to Equity Ratio

0.1 x

Debt to Assets Ratio

0 x

Financial Leverage

11.1 x11.4 x11.1 x8.3 x8.2 x

Quarterly

USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018Q2, 2018

Cash

51.8 m82 m55.4 m50.4 m94.5 m62 m65.2 m96 m54.8 m70.1 m148.5 m92.6 m162.5 m120.4 m

Accounts Receivable

3.4 m3.4 m3.4 m3.9 m4 m3.6 m3.8 m4.3 m4.1 m4 m5.7 m5.8 m8 m8.5 m

Inventories

571.1 m590.9 m606.8 m667.5 m716.4 m731 m746.6 m797.8 m824.1 m854.4 m1.1 b1.2 b1.5 b1.7 b

PP&E

32.6 m31.4 m31.3 m35.1 m33.8 m33.6 m33.6 m33.4 m33.5 m33.4 m45.4 m44.8 m57.4 m62.3 m

Goodwill

10.6 m10.6 m10.6 m12 m12.3 m12.3 m12.3 m13.8 m13.8 m13.8 m20.2 m20.2 m47.7 m54.9 m

Total Assets

951.9 m988.6 m1 b1.1 b1.1 b1.1 b1.1 b1.2 b1.2 b1.3 b1.8 b1.8 b2.3 b2.5 b

Accounts Payable

814 m863.6 m883.9 m907.5 m984.6 m962.1 m963.8 m1 b1 b1.1 b1.6 b1.6 b2 b2.1 b

Short-term debt

10.3 m10.3 m10.3 m10.3 m10.3 m10.3 m10.3 m10.3 m10.3 m10.3 m10.3 m10.3 m10.3 m75.2 m

Total Debt

10.3 m10.3 m10.3 m10.3 m10.3 m10.3 m10.3 m10.3 m10.3 m10.3 m10.3 m10.3 m10.3 m75.2 m

Total Liabilities

868.1 m901.1 m919.5 m978.4 m1 b1 b1 b1.1 b1.1 b1.2 b1.6 b1.6 b2 b2.2 b

Additional Paid-in Capital

42 m42.1 m42.2 m44.3 m44.4 m44.3 m44.5 m44.7 m44.9 m45 m104.6 m104.7 m193.3 m216.3 m

Retained Earnings

21.3 m23.6 m25 m26.2 m29.7 m31.6 m33.6 m37.9 m40.3 m42.5 m45.3 m47.3 m57.1 m61.4 m

Total Equity

89.8 m93.6 m98.8 m98.4 m101.6 m107.2 m110.3 m112.7 m159 m162.9 m258.5 mwdxefcqufszuzezftuxetqsqxt285.8 m

Financial Leverage

11.2 x11.5 x11.6 x11.4 x11.2 x11.6 x11.1 x11.2 x11.2 x11 x8.9 x8.7 x

The First Bancshares Cash Flow

Annual

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

Net Income

4.6 m6.6 m8.8 m10.1 m10.6 m

Depreciation and Amortization

1.9 m2.2 m2.3 m2.3 m2.9 m

Accounts Receivable

(54.6 k)(152.3 k)(294.3 k)(404.8 k)(714.5 k)

Inventories

Accounts Payable

(153.1 k)(109.2 k)(70.1 k)60.3 k29.8 k

Cash From Operating Activities

18 m7.1 m9.7 m9.6 m21.6 m

Cash From Investing Activities

(40.9 m)(78.7 m)(56.5 m)(112.3 m)(141.4 m)

Dividends Paid

(342.5 k)(342.5 k)(342.5 k)(452.3 k)

Cash From Financing Activities

31.2 m77 m43.4 m123.6 m149.6 m

Interest Paid

2.7 m3.1 m3.4 m4.3 m7.1 m

Income Taxes Paid

980.5 k275.1 k4.2 m4.7 m354.2 k

Quarterly

USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018Q2, 2018

Net Income

2.9 m1.2 m2 m1.1 m1.4 m4.2 m6.4 m2.6 m5.3 m7.8 m1.1 m3.5 m4 m9.2 m

Depreciation and Amortization

1.6 m2.4 m870 k1.7 m2.5 m1.1 m2.3 m1.2 m2.1 m

Accounts Receivable

31 k(150 k)(313 k)(150 k)(61 k)344 k272 k(11 k)(17 k)

Accounts Payable

(61 k)(84 k)(10 k)(2 k)29 k(34 k)(69 k)696 k

Cash From Operating Activities

2.4 m7.4 m1.7 m2.2 m2.6 m3.2 m7.2 m(2.8 m)11.9 m

Cash From Investing Activities

(8 m)(26.3 m)(39.7 m)(61.4 m)(85.5 m)(45.4 m)(107.3 m)(7.8 m)(25.6 m)

Dividends Paid

(171 k)(257 k)(85 k)(171 k)(257 k)

Cash From Financing Activities

23 m39.5 m92.7 m72.7 m111.7 m128.6 m130.5 m81.1 m42.2 m

The First Bancshares Ratios

USDY, 2018

EV/EBIT

13 x

EV/CFO

40.3 x

Financial Leverage

8.7 x
Report incorrect company information