Mackinac Financial Revenue, Profits - MFNC Annual Income Statement

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$16 $0 (0%) MFNC stock closing price Apr 25, 2018 (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 or sales, the bottomline or profits, the basic EPS, dividends etc. When compared with the corresponding income statement from the past, the latest income statement shows how revenue has grown from 42.13M to 48.41M and how operating and non operating activities have impacted the MFNC stock. One also needs to look at Mackinac Financial assets, operating expenses and Mackinac Financial free cash flow. The Mackinac Financial profit and loss statement shows revenue of $48.41M for 2017. Revenue has grown by 14.91% YOY for MFNC stock.

View revenue and profit details for latest and last 10 financial years.
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Quarterly
Annual
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Fiscal year is Jan - Dec2017201620152014201320122011201020092008
Mackinac Financial Revenues or Net Sales
48.41M42.13M37.4M30.78M29.46M28.47M26.72M25.63M28.45M29.21M
Cost Of Goods Sold (COGS)4.36M3.32M3.25M3.21M3.46M3.94M4.53M5.6M6.43M10.11M
Mackinac Financial Gross Profit
44.05M38.81M34.15M27.56M25.99M24.52M22.19M20.02M22.02M19.1M
Research & Development Expense----------
Selling General & Admin Expense30.96M30.48M25.08M23.81M19.8M17.7M18.26M23.09M17.5M14.85M
Income Before Depreciation Depletion Amortization13.09M8.32M9.07M3.75M6.19M6.82M3.92M-3.07M4.52M4.24M
Depreciation Depletion Amortization----------
Non Operating Income----------
Interest Expense2.07M1.56M1.14M------1.58M
Mackinac Financial Pretax Income
11.01M6.76M7.92M2.82M5.53M6.16M3.31M-3.91M3.53M2.65M
Provision for Income Taxes5.53M2.28M2.33M1.12M-0.4M-0.92M1.09M-3.5M1.12M-
MinorityInterest----------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations5.47M4.48M5.59M1.7M5.93M7.08M2.21M-0.41M2.41M1.87M
Extraordinary Items & Discontinued Operations----------
Mackinac Financial Profit/ Loss (Net Income)
5.47M4.48M5.59M1.7M5.93M7.08M2.21M-0.41M2.41M1.87M
Average Shares used to compute Diluted EPS6.32M6.26M6.28M5.65M5.65M4.41M3.46M3.42M3.42M3.42M
Average Shares used to compute Basic EPS6.29M6.26M6.25M5.59M5.56M4.29M3.46M3.42M3.42M3.42M
Income Before Nonrecurring Items7.57M6.53M5.6M3.51M5.94M7.09M2.22M-0.42M1.6M-0.17M
Income from Nonrecurring Items-2.09M-2.05M--1.81M-----2.04M
Mackinac Financial Earnings Per Share Basic Net
0.870.720.900.301.011.510.42-0.340.560.55
Mackinac Financial Earnings Per Share Diluted Net
0.870.710.890.301.001.460.41-0.340.560.55
EPS Diluted Before Nonrecurring Items1.201.050.890.621.001.460.41-0.340.32-0.05
Preferred Dividends Acc Pd----------
Dividends Common----------
Dividend Per Share Common0.480.400.350.230.170.040.000.000.000.00
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:

  • Topline: A growing topline, as seen from the Mackinac Financial revenue chart, as is the case with Mackinac Financial indicates a growing business. One needs to compare the YoY topline or sales growth of MFNC stock with its peers like HLAN stock and EBMT stock to see if the growth compares well with what can be expected from a company in that industry.
  • Bottom line: The word bottom line comes because it is usually the last line of the income statement and refers to the actual profits after deducting all expenses from the revenues. MFNC stock had a healthy bottom line growth.

The income statement is also called the profit and loss statement. Apart from the MFNC income statement, one can check the Mackinac Financial historical stock prices to check how the price has moved with time.

Mackinac Financial Income Statement - Key Financial Ratios

PE Ratio (price earnings ratio)
18.39
PS Ratio (price sales ratio)
2.08
Operating Margin
26.6
Dividend Yield
3%