Farmers and Merchants Bancshares, Inc. (FMFG)

USD 14.85

(0.0%)

Annual Income Statements

(In USD)
Breakdown 2023 2022 2021 2020 2019 2018
Revenue 23.57 Million 28.62 Million 27.86 Million 22.82 Million 20.17 Million 19.14 Million
Cost of Revenue - 2.35 Million - 2.06 Million 19.51 Million -
Gross Profit 23.57 Million 26.26 Million 27.86 Million 20.76 Million 663.67 Thousand 19.14 Million
Operating Expenses 22.73 Million 3.92 Million 3.47 Million 2.89 Million 2.66 Million 2.48 Million
Selling, General and Administrative Expenses 10.44 Million 10.65 Million 9.94 Million 10.33 Million 8.5 Million 8.08 Million
Research and Development Expenses - - - - - -
Other Expenses - -3.92 Million -3.47 Million -2.89 Million -2.66 Million -2.48 Million
Cost and Expenses 24.47 Million 18.05 Million 17.27 Million 16.41 Million 14.57 Million 13.32 Million
Operating Income 8.43 Million 10.3 Million 11.22 Million 6.84 Million 5.77 Million 5.86 Million
Interest Expense 9.9 Million 757.69 Thousand 762.79 Thousand 222.36 Thousand 45.35 Thousand -
Income Tax Expense 2.01 Million 2.48 Million 2.43 Million 487.21 Thousand 1.03 Million 1.1 Million
Earnings before Tax 8.43 Million 10.57 Million 10.58 Million 3.16 Million 5.6 Million 5.81 Million
Net Income 6.41 Million 8.09 Million 8.14 Million 2.68 Million 4.56 Million 4.71 Million
Earnings Per Share Basic 2.08 2.66 2.70 0.90 1.54 1.61
Earnings Per Share Diluted 2.08 2.66 2.70 0.90 1.54 1.61
Weighted Average Shares Outstanding 3.08 Million 3.04 Million 3.01 Million 2.98 Million 2.95 Million 2.92 Million
Weighted Average Shares Outstanding (Diluted) 3.08 Million 3.04 Million 3.01 Million 2.98 Million 2.95 Million 2.92 Million
Gross Margin 1.00 0.92 1.00 0.91 0.03 1.00
EBIT Margin 0.38 0.01 -0.02 -0.16 -0.01 -0.00
Profit Margin 0.27 0.28 0.29 0.12 0.23 0.25
EBITDA 8.93 Million - 11.07 Million 3.58 Million 5.94 Million 6.19 Million
Earnings Before Tax Margin 0.36 0.36 0.40 0.30 0.29 0.31

Income Statement Charts