Financials in USD. Standardized financial statements.
A compact view of how Summit State Bank 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? | $58.82M | $62.03M | $65.06M | $56.16M | $46.43M | $40.58M | $32.47M | $27.88M | $22.43M | $21.93M |
| Revenue Growth? | -5.2% | -4.7% | +15.9% | +21.0% | +14.4% | +25.0% | +16.4% | +24.3% | +2.3% | 0.0% |
| Cost of Revenue? | $26.01M | $37.22M | $25.05M | $9.07M | $5.66M | $8.26M | $7.72M | $4.48M | $2.66M | $1.23M |
| Gross Profit? | $32.81M | $24.81M | $40.01M | $47.09M | $40.77M | $32.31M | $24.74M | $23.40M | $19.77M | $20.69M |
| Gross Margin? | +55.8% | +40.0% | +61.5% | +83.8% | +87.8% | +79.6% | +76.2% | +83.9% | +88.1% | +94.4% |
| Operating Expenses? | $23.84M | $29.20M | $24.73M | $23.22M | $19.89M | $17.38M | $15.87M | $15.36M | $13.85M | $12.24M |
| Operating Income? | $8.96M | -$4.39M | $15.28M | $23.87M | $20.88M | $14.94M | $8.88M | $8.04M | $5.92M | $8.45M |
| EBITDA? | $8.96M | -$4.00M | $15.67M | $24.26M | $21.29M | $15.37M | $9.37M | $8.39M | $6.26M | $8.76M |
| Income Before Tax | $8.96M | -$4.39M | $15.28M | $23.87M | $20.88M | $14.94M | $8.88M | $8.04M | $5.92M | $8.45M |
| Income Tax Expense | $2.17M | -$195,000 | $4.46M | $6.90M | $6.18M | $4.42M | $2.40M | $2.22M | $2.63M | $3.48M |
| Net Income? | $6.80M | -$4.19M | $10.82M | $16.97M | $14.70M | $10.52M | $6.48M | $5.83M | $3.29M | $4.97M |
| EPS? | $1.01 | $-0.62 | $1.62 | $2.54 | $2.20 | $1.58 | $0.97 | $0.87 | $0.50 | $0.75 |
| Diluted EPS? | $1.01 | $-0.62 | $1.62 | $2.54 | $2.20 | $1.57 | $0.97 | $0.87 | $0.49 | $0.75 |
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