Mackinac Financial Revenue, Profits - MFNC Quarterly Income Statement

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$17.03 $0.23 (1.33%) MFNC stock closing price Jul 18, 2018 (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 is a summary of the revenue or sales, expenses and profitability - shown as Net Income, or lack of it. The income statement for MFNC which shows a YOY revenue decline of -8.18% is specific to a period of time. Investors typically check YoY or QoQ revenue growth. Revenue for year 2018 Q1 is $11.67M and has decreased from $12.71M quarter on quarter 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. Also see Mackinac Financial assets and Mackinac Financial free cash flow for a complete valuation of MFNC stock.

View and download details of revenue and profits for Mackinac Financial for latest & last 40 quarters.
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Quarterly
Annual
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Fiscal year is Jan - Dec2018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q4
Mackinac Financial Revenues or Net Sales
11.67M12.71M12.68M11.66M11.37M11.73M11.48M9.99M8.94M9.54M
Cost Of Goods Sold (COGS)1.23M1.21M1.15M1.05M------
Mackinac Financial Gross Profit
10.43M11.53M11.51M10.6M10.41M10.83M10.61M9.21M8.16M8.77M
Research & Development Expense----------
Selling General & Admin Expense7.97M8.16M7.92M7.56M7.32M7.77M7.48M9.04M6.19M6.66M
Income Before Depreciation Depletion Amortization2.45M3.38M3.59M3.04M3.08M3.06M3.12M-1.97M2.11M
Depreciation Depletion Amortization----------
Non Operating Income----------
Interest Expense----------
Mackinac Financial Pretax Income
1.94M2.85M3.01M2.54M2.61M2.5M2.7M-0.15M1.71M1.85M
Provision for Income Taxes-2.87M------0.02M--
MinorityInterest----------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations1.54M-0.02M2.09M1.68M1.73M1.7M1.78M-0.13M1.13M1.59M
Extraordinary Items & Discontinued Operations----------
Mackinac Financial Profit/ Loss (Net Income)
1.54M-0.02M2.09M1.68M1.73M1.7M1.78M-0.13M1.13M1.59M
Average Shares used to compute Diluted EPS6.33M6.29M6.32M6.3M6.27M6.53M6.35M6.26M6.21M6.13M
Average Shares used to compute Basic EPS6.3M6.29M6.3M6.28M6.27M6.53M6.35M6.23M6.21M6.13M
Income Before Nonrecurring Items1.74M2.07M2.09M1.68M1.73M1.81M1.78M1.59M1.13M1.59M
Income from Nonrecurring Items-0.2M-2.09M----0.11M--1.71M--
Mackinac Financial Earnings Per Share Basic Net
0.24-0.010.330.270.280.270.29-0.020.180.26
Mackinac Financial Earnings Per Share Diluted Net
0.24-0.010.330.270.280.260.28-0.020.180.25
EPS Diluted Before Nonrecurring Items0.280.330.330.270.280.290.280.250.180.25
Preferred Dividends Acc Pd----------
Dividends Common0.000.76--------
Dividend Per Share Common0.000.120.120.240.000.100.100.100.100.10
All figures in USD. M: Millions of USD, B: Billions of USD.
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It is very helpful to read a report on Mackinac Financial stock analysis. An investor must check the following items in an income statement:

  • Revenue: The money received by selling of goods or services comes under this line item. A QoQ growth - See: Mackinac Financial revenue chart, implies that the company is growing. It has not been the case with Mackinac Financial. One must look at stocks with increasing revenues, and stay away from stocks whose revenues or sales are declining.
  • 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 $1.54M for Mackinac Financial for 2018 Q1. This figure is arrived at after deducting all operating expenses, interest, and taxes from revenue.

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)
20.52
PS Ratio (price sales ratio)
2.2
Operating Margin
21
Net Profit Margin
13.2
Dividend Yield
2.82%