Mackinac Financial Annual Income Statement (NASDAQ:MFNC)

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$14.48 $0.54 (3.87%) MFNC stock closing price Apr 27, 2017 (Closing)

Financial analysis of Mackinac Financial involves more than just checking the Mackinac Financial stock price, by looking at the financial statements of the company in detail. In the income statement, an investor can check for important parameters like the topline, the bottomline, the EPS basic, dividends etc. Like any other income statement, the MFNC income statement also itemizes revenue, operating expenses, and profits for a quarter or year and reflects a YoY revenue growth of $4.74M when compared to the same period in the past. 2016 revenue is $42.14M and has increased from $37.4M year on year as is evident when you compare the latest figures in the latest Mackinac Financial profit and loss statement with those of the prior corresponding period. (See also:Mackinac Financial assets and Mackinac Financial free cash flow) Mackinac Financial revenue for 2016 is $42.14M. 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
42.14M37.4M30.78M29.46M28.47M26.72M25.63M28.45M29.21M30.7M
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 Expense-25.08M23.81M19.8M17.7M18.26M23.09M17.5M14.85M12.5M
Income Before Depreciation Depletion Amortization-9.07M3.75M6.19M6.82M3.92M-3.07M4.52M4.24M4.97M
Depreciation Depletion Amortization----------
Non Operating Income----------
Interest Expense-1.14M0.92M0.65M0.65M0.61M0.84M0.99M1.58M2.05M
Mackinac Financial Pretax Income
-7.92M2.82M5.53M6.16M3.31M-3.91M3.53M2.65M2.92M
Provision for Income Taxes-2.33M1.12M-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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Before investing one should read a report on Mackinac Financial stock analysis. It helps to look at the following income statement items:
  • Revenue: This is the inflow that is generated from the sale of goods or services and is $42.14M for this year of 2016. Our Mackinac Financial revenue chart gives a clear visual representation of how the topline growth has been. Investors often invest in only those companies where the revenue is growing at a steady rate.
  • 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 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)
20.6860
PS ratio (
price sales ratio
)
2.2438
Operating margin
26
Net profit margin
14.5
Dividend yield
2.76%