Mackinac Financial Annual Income Statement (NASDAQ:MFNC)

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$13.58 $0 (0%) MFNC stock closing price Feb 17, 2017 (Closing)

Looking at financial statements, along with the Mackinac Financial stock price, it's management, its economic moat, and industry competitors forms an important part of fundamental analysis.   In the income statement, an investor can check for important parameters like the topline, the bottomline, the EPS basic, dividends etc. The income statement is generated for a specific period of time. The revenue increase of $37.4M for 2015 impacts the MFNC stock. Investors typically check year over year or quarter over quarter revenue growth. The Mackinac Financial profit and loss statement for 2015 shows a profit of $5.59M. Profits have grown from $1.7M YoY. Apart from this an investor should also check Mackinac Financial assets and Mackinac Financial free cash flow. Mackinac Financial revenue for 2015 is $37.4M. View revenue and profit details for latest and last 10 financial years.

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Annual
Quarterly
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Fiscal year is Jan - Dec. 2015 2014 2013 2012 2011 2010 2009 2008 2007
Mackinac Financial Net Sales or Revenues
37.4M30.78M29.46M28.47M26.72M25.63M28.45M29.21M30.7M
Cost Of Goods Sold (COGS)3.25M3.21M3.46M3.94M4.53M5.6M6.43M10.11M13.22M
Mackinac Financial Gross Profit
34.15M27.56M25.99M24.52M22.19M20.02M22.02M19.1M17.47M
Research & Development Expense---------
Selling General & Admin Expense25.08M23.81M19.8M17.7M18.26M23.09M17.5M14.85M12.5M
Income Before Depreciation Depletion Amortization9.07M3.75M6.19M6.82M3.92M-3.07M4.52M4.24M4.97M
Depreciation Depletion Amortization---------
Non Operating Income---------
Interest Expense1.14M0.92M0.65M0.65M0.61M0.84M0.99M1.58M2.05M
Mackinac Financial Pretax Income
7.92M2.82M5.53M6.16M3.31M-3.91M3.53M2.65M2.92M
Provision for Income Taxes2.33M1.12M-0.4M-0.92M1.09M-3.5M1.12M0.78M-7.24M
Minority Interest---------
Investment Gains Losses---------
Other Income---------
Income Before Extraordinaries & Disc Operations5.59M1.7M5.93M7.08M2.21M-0.41M2.41M1.87M10.16M
Extraordinary Items & Discontinued Operations---------
Mackinac Financial Net Income (Profit/Loss)
5.59M1.7M5.93M7.08M2.21M-0.41M2.41M1.87M10.16M
Average Shares used to compute Diluted EPS6.28M5.65M5.65M4.41M3.46M3.42M3.42M3.42M3.43M
Average Shares used to compute Basic EPS6.25M5.59M5.56M4.29M3.46M3.42M3.42M3.42M3.43M
Income Before Nonrecurring Items5.6M3.51M5.94M7.09M2.22M-0.42M1.6M-0.17M10.16M
Income from Nonrecurring Items--1.81M----0.82M2.04M-
Mackinac Financial Earnings Per Share Basic Net
0.900.301.011.510.42-0.340.560.552.96
Mackinac Financial Earnings Per Share Diluted Net
0.890.301.001.460.41-0.340.560.552.96
EPS Diluted Before Nonrecurring Items0.890.621.001.460.41-0.340.32-0.052.96
Preferred Dividends Acc Pd---------
Dividends Common---------
Dividend Per Share Common0.350.230.170.04-----
All figures in USD. M: Millions of USD, B: Billions of USD.
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Before investing one should read a report on Mackinac Financial stock analysis. It helps to look at the following income statement items:
  • Revenue: The money received by selling of goods or services comes under this line item. A YoY growth (See: Mackinac Financial revenue chart) implies that the company is growing, which has been the case with Mackinac Financial. One must stay away from stocks whose revenues are declining.
  • Bottom line: Most businesses like Mackinac Financial try to improve their bottom line by growing their topline and by increasing their operating efficiency. A healthy bottom line growth implies a good investment.
The income statement is also called statement of revenue and expense. The financials along with Mackinac Financial historical stock prices provides a lot of details about the firm. .

Mackinac Financial Income Statement - Key Financial Ratios

PE ratio (price earnings ratio)
19.4030
PS ratio (
price sales ratio
)
2.1047
Operating margin
27.2
Net profit margin
15.5
Dividend yield
2.95%