Financials in USD. Standardized financial statements.
A compact view of how Ames National Corporation turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $98.26M | $92.44M | $83.52M | $71.24M | $71.02M | $73.56M | $64.81M | $57.63M | $53.79M | $52.13M |
| Revenue Growth? | +6.3% | +10.7% | +17.2% | +0.3% | -3.5% | +13.5% | +12.5% | +7.1% | +3.2% | 0.0% |
| Cost of Revenue? | $33.13M | $38.22M | $30.46M | $7.43M | $3.73M | $13.78M | $12.24M | $8.24M | $7.10M | $4.66M |
| Gross Profit? | $65.14M | $54.22M | $53.05M | $63.80M | $67.29M | $59.78M | $52.56M | $49.39M | $46.69M | $47.47M |
| Gross Margin? | +66.3% | +58.7% | +63.5% | +89.6% | +94.8% | +81.3% | +81.1% | +85.7% | +86.8% | +91.1% |
| Operating Expenses? | $41.93M | $41.98M | $40.16M | $38.64M | $36.62M | $36.55M | $31.52M | $27.97M | $25.40M | $24.93M |
| Operating Income? | $23.21M | $12.24M | $12.89M | $25.16M | $30.67M | $23.23M | $21.04M | $21.42M | $21.28M | $22.54M |
| EBITDA? | $24.67M | $13.93M | $14.64M | $27.16M | $32.70M | $25.50M | $22.89M | $22.98M | $22.79M | $24.12M |
| Income Before Tax | $23.87M | $12.24M | $12.89M | $25.16M | $30.67M | $23.23M | $21.04M | $21.42M | $21.28M | $22.54M |
| Income Tax Expense | $4.84M | $2.02M | $2.07M | $5.87M | $6.76M | $4.38M | $3.85M | $4.41M | $7.58M | $6.80M |
| Net Income? | $19.03M | $10.22M | $10.82M | $19.29M | $23.91M | $18.85M | $17.19M | $17.01M | $13.70M | $15.73M |
| EPS? | $2.14 | $1.14 | $1.20 | $2.14 | $2.62 | $2.06 | $1.86 | $1.83 | $1.47 | $1.69 |
| Diluted EPS? | $2.14 | $1.14 | $1.20 | $2.14 | $2.62 | $2.06 | $1.86 | $1.83 | $1.47 | $1.69 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality