CF Bankshares Inc. (CFBK)

CF Bankshares Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	49.35	51.21	55.28	76.89	33.42
Revenue Growth (YoY)	-3.63%	-7.36%	-28.10%	130.06%	62.19%
Gross Profit	49.35	51.21	55.28	76.89	33.42
Selling, General & Admin	19.78	20.68	24.25	31.54	17.29
Other Operating Expenses	8.59	7.94	8.22	9.06	4.09
Operating Expenses	28.37	28.62	32.46	40.6	21.38
Operating Income	20.99	22.59	22.82	36.28	12.04
Pretax Income	20.99	22.59	22.82	36.28	12.04
Income Tax	4.05	4.43	4.37	6.68	2.44
Net Income	16.94	18.16	18.45	29.61	9.6
Preferred Dividends	0	0	0	2.28	0.21
Net Income Common	16.94	18.16	18.45	27.33	9.39
Net Income Growth	-6.76%	-1.57%	-32.48%	191.03%	119.75%
Shares Outstanding (Basic)	7	6	7	7	5
Shares Change	1.06%	-1.40%	0.19%	22.96%	24.24%
EPS (Basic)	2.64	2.84	2.84	4.53	2.05
EPS (Diluted)	2.63	2.78	2.77	4.47	2.03
EPS Growth	-5.40%	0.36%	-38.03%	120.20%	103.00%
Free Cash Flow	17.39	38.86	250.71	-123.85	-103.98
Free Cash Flow Per Share	2.65	5.99	38.11	-18.86	-19.47
Dividend Per Share	0.230	0.180	0.130	0.030	-
Dividend Growth	27.78%	38.46%	333.33%	-	-
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	42.52%	44.11%	41.28%	47.19%	36.03%
Profit Margin	34.32%	35.47%	33.38%	35.54%	28.10%
Free Cash Flow Margin	35.24%	75.88%	453.54%	-161.08%	-311.13%
Effective Tax Rate	19.29%	19.60%	19.13%	18.40%	20.26%
EBITDA	20.53	22.21	20.75	35.15	12.26
EBITDA Margin	41.59%	43.36%	37.53%	45.72%	36.69%
Depreciation & Amortization	-0.46	-0.39	-2.07	-1.13	0.22
EBIT	20.99	22.59	22.82	36.28	12.04
EBIT Margin	42.52%	44.11%	41.28%	47.19%	36.03%

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).