Orrstown Financial Services, Inc. (ORRF)

ORRF 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	130.45	128.88	122.42	115.04	106.59	96.93
Revenue Growth (YoY)	4.93%	5.27%	6.42%	7.92%	9.96%	33.92%
Gross Profit	130.45	128.88	122.42	115.04	106.59	96.93
Selling, General & Admin	80.2	78.62	76.18	70.85	69.94	64.77
Other Operating Expenses	5.86	5.22	19.63	3.29	4.14	12.53
Operating Expenses	86.06	83.84	95.81	74.14	74.08	77.3
Operating Income	44.39	45.03	26.62	40.9	32.51	19.63
Pretax Income	44.39	45.03	26.62	40.9	32.51	19.63
Income Tax	9.35	9.37	4.58	8.01	6.05	2.71
Net Income	35.04	35.66	22.04	32.88	26.46	16.92
Net Income Growth	53.51%	61.83%	-32.98%	24.25%	56.36%	32.17%
Shares Outstanding (Basic)	11	11	11	11	11	11
Shares Change	-0.19%	-0.59%	-4.72%	0.03%	0.12%	18.63%
EPS (Basic)	3.38	3.45	2.09	3.00	2.42	1.63
EPS (Diluted)	3.36	3.42	2.06	2.96	2.40	1.61
EPS Growth	57.75%	66.02%	-30.41%	23.33%	49.07%	7.33%
Free Cash Flow	51.42	43.99	35.3	40.64	32.96	7.5
Free Cash Flow Per Share	4.80	4.14	3.31	3.63	2.94	0.67
Dividend Per Share	0.800	0.800	0.760	0.740	0.680	0.600
Dividend Growth	3.90%	5.26%	2.70%	8.82%	13.33%	17.65%
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	34.03%	34.94%	21.74%	35.55%	30.50%	20.26%
Profit Margin	26.86%	27.67%	18.00%	28.58%	24.83%	17.46%
Free Cash Flow Margin	39.42%	34.13%	28.83%	35.32%	30.93%	7.73%
Effective Tax Rate	21.07%	20.81%	17.20%	19.60%	18.60%	13.80%
EBITDA	48.74	49.37	31.24	46.2	39.08	25.18
EBITDA Margin	37.36%	38.31%	25.52%	40.16%	36.67%	25.98%
Depreciation & Amortization	4.35	4.34	4.62	5.31	6.57	5.55
EBIT	44.39	45.03	26.62	40.9	32.51	19.63
EBIT Margin	34.03%	34.94%	21.74%	35.55%	30.50%	20.26%

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).