Mackinac Financial Income Statement - Quarterly (NASDAQ:MFNC)

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$13.8 $0.29 (2.06%) MFNC stock closing price Jul 25, 2017 (Closing)

Financial statements provide us with a way to gain insights and undertake the fundamental analysis of a company. Checking Mackinac Financial stock price alone is not sufficient. The income statement gives the investor an understanding of the topline and bottomline numbers of the company and helps investors evaluate if a company has been growing or not. Like any other income statement, the MFNC income statement also itemizes revenue, operating expenses, and profits for a quarter or year and reflects a QoQ revenue decline of $0.36M when compared to the same period in the past. The Mackinac Financial profit and loss statement for 2017-Q1 shows a profit of $1.73M. Profits have grown from $1.7M QoQ. Apart from this an investor should also check Mackinac Financial assets and Mackinac Financial free cash flow. View details of revenue and profits for Mackinac Financial for latest & last 40 quarters.

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Annual
Quarterly
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Fiscal year is Jan - Dec. 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4
Mackinac Financial Net Sales or Revenues
11.37M11.73M11.48M9.99M8.94M9.54M9.16M9.45M9.26M8.47M
Cost Of Goods Sold (COGS)0.95M0.92M0.87M0.77M0.76M0.79M0.84M0.8M0.82M0.78M
Mackinac Financial Gross Profit
10.41M10.83M10.61M9.21M8.16M8.77M8.31M8.64M8.43M7.7M
Research & Development Expense----------
Selling General & Admin Expense7.32M7.77M7.48M9.04M6.19M6.66M6.46M5.9M6.06M8.13M
Income Before Depreciation Depletion Amortization3.08M3.06M3.12M0.17M1.97M2.11M1.85M2.74M2.37M-0.42M
Depreciation Depletion Amortization----------
Non Operating Income----------
Interest Expense0.47M0.57M0.42M0.32M0.25M0.26M0.3M0.29M0.29M0.31M
Mackinac Financial Pretax Income
2.61M2.5M2.7M-0.15M1.71M1.85M1.54M2.45M2.08M-0.73M
Provision for Income Taxes0.88M0.8M0.92M-0.02M0.58M0.27M0.52M0.83M0.71M-0.07M
Minority Interest----------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations1.73M1.7M1.78M-0.13M1.13M1.59M1.02M1.61M1.37M-0.65M
Extraordinary Items & Discontinued Operations----------
Mackinac Financial Net Income (Profit/Loss)
1.73M1.7M1.78M-0.13M1.13M1.59M1.02M1.61M1.37M-0.65M
Average Shares used to compute Diluted EPS6.27M6.53M6.35M6.26M6.21M6.13M6.28M6.29M6.26M5.77M
Average Shares used to compute Basic EPS6.27M6.53M6.35M6.23M6.21M6.13M6.24M6.25M6.26M5.77M
Income Before Nonrecurring Items1.73M1.81M1.78M1.59M1.13M1.59M1.02M1.61M1.37M-0.65M
Income from Nonrecurring Items--0.11M--1.71M------
Mackinac Financial Earnings Per Share Basic Net
0.280.270.29-0.020.180.260.160.260.22-0.13
Mackinac Financial Earnings Per Share Diluted Net
0.280.260.28-0.020.180.250.160.260.22-0.13
EPS Diluted Before Nonrecurring Items0.280.290.280.250.180.250.160.260.22-0.13
Preferred Dividends Acc Pd----------
Dividends Common-0.63--------
Dividend Per Share Common-0.100.100.100.100.100.100.15-0.08
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 not the case with Mackinac Financial indicates a sagging 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: This refers to the last line in a profit and loss statement and denotes the net profit or loss for a particular period. The figure currently stands at $1.73M for Mackinac Financial for 2017-Q1. This figure is arrived at after deducting all operating expenses, interest, and taxes from revenue.
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)
17.2500
PS ratio (
price sales ratio
)
1.9414
Operating margin
27.1
Net profit margin
15.2
Dividend yield
2.17%