Eastern Michigan Financial Corporation (EFIN)

USD 36.01

(1.15%)

Annual Income Statements

(In USD)
Breakdown 2023 2022 2021 2020 2019 2018
Revenue 19.49 Million 16.69 Million 16.51 Million 15.18 Million 14.56 Million 13 Million
Cost of Revenue -2.26 Million - - - - -
Gross Profit 21.75 Million 16.69 Million 16.51 Million 15.18 Million 14.56 Million 13 Million
Operating Expenses 4.34 Million 3.66 Million 3.35 Million 2.96 Million 2.65 Million 2.81 Million
Selling, General and Administrative Expenses 7.38 Million 7.49 Million 6.85 Million 6.38 Million 6 Million 5.56 Million
Research and Development Expenses - - - - - -
Other Expenses - -3.66 Million -3.35 Million -2.96 Million -2.65 Million -2.81 Million
Cost and Expenses 7.38 Million 12.12 Million 10.51 Million 10.03 Million 9.7 Million 9.22 Million
Operating Income 12.1 Million 4.57 Million 6 Million 5.15 Million 4.86 Million 3.78 Million
Interest Expense - 975 Thousand 427 Thousand 453 Thousand 885 Thousand 478 Thousand
Income Tax Expense 1.59 Million 933 Thousand 1.09 Million 953 Thousand 864 Thousand 682 Thousand
Earnings before Tax 7.78 Million 4.57 Million 6 Million 5.15 Million 4.86 Million 3.78 Million
Net Income 6.18 Million 3.63 Million 4.9 Million 4.19 Million 4 Million 3.1 Million
Earnings Per Share Basic 4.93 2.91 3.98 3.44 3.33 2.61
Earnings Per Share Diluted 4.93 2.87 3.92 3.39 3.29 2.58
Weighted Average Shares Outstanding 1.25 Million 1.24 Million 1.23 Million 1.22 Million 1.2 Million 1.18 Million
Weighted Average Shares Outstanding (Diluted) 1.25 Million 1.26 Million 1.25 Million 1.23 Million 1.21 Million 1.2 Million
Gross Margin 1.12 1.00 1.00 1.00 1.00 1.00
EBIT Margin 0.02 0.03 0.03 0.03 0.02 0.02
Profit Margin 0.32 0.22 0.30 0.28 0.27 0.24
EBITDA 394 Thousand 16.89 Million 19.13 Million 16.63 Million 15.4 Million 13.51 Million
Earnings Before Tax Margin 0.62 0.27 0.36 0.34 0.33 0.29

Income Statement Charts