Affinity Bancshares, Inc. (AFBI)

Affinity Bancshares Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	29.6	29.71	31.45	30.88	25.3	14.33
Revenue Growth (YoY)	-3.91%	-5.55%	1.86%	22.06%	76.54%	1.32%
Gross Profit	29.6	29.71	31.45	30.88	25.3	14.33
Selling, General & Admin	16.85	16.78	16.69	15.91	17.98	12.21
Other Operating Expenses	4.84	4.54	4.79	5.06	3.44	1.79
Operating Expenses	21.69	21.32	21.48	20.97	21.42	14
Operating Income	7.9	8.39	9.97	9.91	3.88	0.33
Other Expense / Income	-	-	0.65	-	-	-
Pretax Income	7.9	8.39	9.33	9.91	3.88	0.33
Income Tax	1.84	1.94	2.19	2.34	0.79	-0.03
Net Income	6.06	6.45	7.13	7.57	3.09	0.36
Net Income Growth	-14.21%	-9.62%	-5.80%	145.24%	769.86%	-20.94%
Shares Outstanding (Basic)	6	6	7	7	7	7
Shares Outstanding (Diluted)	7	7	7	7	-	-
Shares Change	-2.35%	-3.03%	-2.98%	1.36%	-	-
EPS (Basic)	0.95	1.00	1.07	1.10	0.41	0.05
EPS (Diluted)	0.92	0.98	1.06	1.09	0.41	0.05
EPS Growth	-13.21%	-7.55%	-2.75%	165.85%	720.00%	-16.67%
Free Cash Flow	6.58	7.34	6.18	11.02	0.97	1.26
Free Cash Flow Per Share	1.02	1.13	0.93	1.59	0.14	0.18
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	26.70%	28.24%	31.71%	32.10%	15.34%	2.27%
Profit Margin	20.48%	21.71%	22.68%	24.52%	12.21%	2.48%
Free Cash Flow Margin	22.23%	24.72%	19.63%	35.69%	3.82%	8.79%
Effective Tax Rate	23.31%	23.13%	23.51%	23.59%	20.41%	-8.90%
EBITDA	8.62	9.12	9.67	10.59	4.58	1.21
EBITDA Margin	29.11%	30.71%	30.73%	34.28%	18.09%	8.45%
Depreciation & Amortization	0.71	0.73	0.34	0.67	0.7	0.89
EBIT	7.9	8.39	9.33	9.91	3.88	0.33
EBIT Margin	26.70%	28.24%	29.65%	32.10%	15.34%	2.27%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).