MBOF | Marine Bancorp of Florida, Inc. Annual & Quarterly

Annual Income Statements

(In USD)

Breakdown	2023	2022	2021	2020	2019
Revenue	19.52 Million	21.68 Million	19.15 Million	14.26 Million	11.31 Million
Cost of Revenue	-	1.35 Million	780 Thousand	980 Thousand	262 Thousand
Gross Profit	19.52 Million	20.33 Million	18.37 Million	13.28 Million	11.05 Million
Operating Expenses	20.17 Million	13.66 Million	12.23 Million	9.37 Million	8.9 Million
Selling, General and Administrative Expenses	818 Thousand	860 Thousand	782 Thousand	735 Thousand	749 Thousand
Research and Development Expenses	-	-	-	-	-
Other Expenses	-	-	-	-	-
Cost and Expenses	-	13.66 Million	12.23 Million	9.37 Million	8.89 Million
Operating Income	19.52 Million	6.67 Million	6.14 Million	3.91 Million	2.16 Million
Interest Expense	9.78 Million	1.43 Million	671 Thousand	1.53 Million	1.77 Million
Income Tax Expense	1.4 Million	1.29 Million	1.31 Million	946 Thousand	546 Thousand
Earnings before Tax	6.01 Million	6.67 Million	6.14 Million	3.91 Million	2.16 Million
Net Income	4.61 Million	5.38 Million	4.82 Million	2.96 Million	1.61 Million
Earnings Per Share Basic	-	-	-	-	-
Earnings Per Share Diluted	-	-	-	-	-
Weighted Average Shares Outstanding	-	-	-	-	-
Weighted Average Shares Outstanding (Diluted)	-	-	-	-	-
Gross Margin	1.00	0.94	0.96	0.93	0.98
EBIT Margin	-	0.34	0.36	0.32	0.24
Profit Margin	0.24	0.25	0.25	0.21	0.14
EBITDA	-	-	-	-	-
Earnings Before Tax Margin	1.00	0.31	0.32	0.27	0.19

Breakdown	2024 Q2	2024 Q1	2023 Q4	2023 FY	2023 Q3	2023 Q2
Revenue	4.42 Million	4.42 Million	4.59 Million	20.17 Million	4.59 Million	5.17 Million
Cost of Revenue	-	-	-	650 Thousand	-	-
Gross Profit	4.42 Million	4.42 Million	4.59 Million	19.52 Million	4.59 Million	5.17 Million
Operating Expenses	3.44 Million	3.44 Million	3.25 Million	13.5 Million	3.25 Million	3.49 Million
Selling, General and Administrative Expenses	-	-	-	-	-	-
Research and Development Expenses	-	-	-	-	-	-
Other Expenses	-	-	-	-	-	-
Cost and Expenses	3.44 Million	3.44 Million	3.25 Million	13.5 Million	3.25 Million	3.49 Million
Operating Income	4.42 Million	981.5 Thousand	1.33 Million	6.01 Million	1.33 Million	1.67 Million
Interest Expense	-	-	-	9.78 Million	-	-
Income Tax Expense	245.5 Thousand	245.5 Thousand	328 Thousand	1.4 Million	328 Thousand	374.5 Thousand
Earnings before Tax	981.5 Thousand	981.5 Thousand	1.33 Million	6.01 Million	1.33 Million	1.67 Million
Net Income	736 Thousand	736 Thousand	1 Million	4.61 Million	1 Million	1.29 Million
Earnings Per Share Basic	-	-	-	-	-	-
Earnings Per Share Diluted	-	-	-	-	-	-
Weighted Average Shares Outstanding	-	-	-	-	-	-
Weighted Average Shares Outstanding (Diluted)	-	-	-	-	-	-
Gross Margin	1.00	1.00	1.00	0.97	1.00	1.00
EBIT Margin	0.78	-	-0.00	-	-0.00	-
Profit Margin	0.17	0.17	0.22	0.23	0.22	0.25
EBITDA	3.44 Million	-	-1.00	-	-1.00	-
Earnings Before Tax Margin	1.00	0.22	0.29	0.30	0.29	0.32