Mackinac Financial Annual Income Statement (NASDAQ:MFNC)

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$13.89 $0.16 (1.2%) MFNC stock closing price Jul 21, 2017 (Closing)

Stock analysis based on fundamentals means looking at financial statements in addition to the Mackinac Financial stock price. 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 always for an accounting period, typically for a year or quarter, and affects the stock. In this case, the MFNC stock is bound to reflect the impact of the YoY growth of $4.73M. One also needs to look at Mackinac Financial assets, operating expenses and Mackinac Financial free cash flow. The profit and loss statement shows revenue of $42.13M for 2016. Revenue has grown by $4.73M YoY for MFNC stock. Mackinac Financial revenue for 2016 is $42.13M. 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. 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Mackinac Financial Net Sales or Revenues
42.13M37.4M30.78M29.46M28.47M26.72M25.63M28.45M29.21M30.7M
Cost Of Goods Sold (COGS)3.32M3.25M3.21M3.46M3.94M4.53M5.6M6.43M10.11M13.22M
Mackinac Financial Gross Profit
38.81M34.15M27.56M25.99M24.52M22.19M20.02M22.02M19.1M17.47M
Research & Development Expense----------
Selling General & Admin Expense30.48M25.08M23.81M19.8M17.7M18.26M23.09M17.5M14.85M12.5M
Income Before Depreciation Depletion Amortization8.32M9.07M3.75M6.19M6.82M3.92M-3.07M4.52M4.24M4.97M
Depreciation Depletion Amortization----------
Non Operating Income----------
Interest Expense1.56M1.14M0.92M0.65M0.65M0.61M0.84M0.99M1.58M2.05M
Mackinac Financial Pretax Income
6.76M7.92M2.82M5.53M6.16M3.31M-3.91M3.53M2.65M2.92M
Provision for Income Taxes2.28M2.33M1.12M-0.4M-0.92M1.09M-3.5M1.12M0.78M-7.24M
Minority Interest----------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations4.48M5.59M1.7M5.93M7.08M2.21M-0.41M2.41M1.87M10.16M
Extraordinary Items & Discontinued Operations----------
Mackinac Financial Net Income (Profit/Loss)
4.48M5.59M1.7M5.93M7.08M2.21M-0.41M2.41M1.87M10.16M
Average Shares used to compute Diluted EPS6.26M6.28M5.65M5.65M4.41M3.46M3.42M3.42M3.42M3.43M
Average Shares used to compute Basic EPS6.26M6.25M5.59M5.56M4.29M3.46M3.42M3.42M3.42M3.43M
Income Before Nonrecurring Items6.53M5.6M3.51M5.94M7.09M2.22M-0.42M1.6M-0.17M10.16M
Income from Nonrecurring Items-2.05M--1.81M----0.82M2.04M-
Mackinac Financial Earnings Per Share Basic Net
0.720.900.301.011.510.42-0.340.560.552.96
Mackinac Financial Earnings Per Share Diluted Net
0.710.890.301.001.460.41-0.340.560.552.96
EPS Diluted Before Nonrecurring Items1.050.890.621.001.460.41-0.340.32-0.052.96
Preferred Dividends Acc Pd----------
Dividends Common----------
Dividend Per Share Common0.400.350.230.170.04-----
All figures in USD. M: Millions of USD, B: Billions of USD.
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Mackinac Financial stock analysis involves checking at least a few of the important things like:
  • 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 QoQ or YoY topline growth of MFNC stock with its peers like NBTF stock and CHEV stock to see if the growth compares well with what can be expected for a company in that industry.
  • 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 the profit and loss statement. Apart from the 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)
17.3560
PS ratio (
price sales ratio
)
1.9533
Operating margin
27.1
Net profit margin
15.2
Dividend yield
2.16%