First Foundation Inc. (FFWM)

First Foundation Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	252.14	366.39	299.87	244.55	209.09
Revenue Growth (YoY)	-31.18%	22.18%	22.62%	16.96%	11.72%
Gross Profit	252.14	366.39	299.87	244.55	209.09
Selling, General & Admin	136.29	160.12	125.11	105.81	98.26
Other Operating Expenses	315.91	56.47	22.98	19.97	31.34
Operating Expenses	452.2	216.59	148.09	125.78	129.59
Operating Income	-200.06	149.8	151.79	118.77	79.5
Pretax Income	-200.06	149.8	151.79	118.77	79.5
Income Tax	-1	39.29	42.27	34.4	23.26
Net Income	-199.06	110.51	109.51	84.37	56.24
Net Income Growth	-	0.91%	29.80%	50.02%	30.92%
Shares Outstanding (Basic)	56	56	45	45	45
Shares Outstanding (Diluted)	56	56	45	45	45
Shares Change	-0.11%	24.26%	1.24%	-0.02%	5.51%
EPS (Basic)	-3.53	1.96	2.42	1.89	1.26
EPS (Diluted)	-3.53	1.96	2.41	1.88	1.25
EPS Growth	-	-18.67%	28.19%	50.40%	23.76%
Free Cash Flow	-2.39	96.47	93.73	64.58	58.21
Free Cash Flow Per Share	-0.04	1.71	2.07	1.45	1.30
Dividend Per Share	0.160	0.440	0.360	0.280	0.200
Dividend Growth	-63.64%	22.22%	28.57%	40.00%	-
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	-79.35%	40.89%	50.62%	48.57%	38.02%
Profit Margin	-78.95%	30.16%	36.52%	34.50%	26.90%
Free Cash Flow Margin	-0.95%	26.33%	31.26%	26.41%	27.84%
Effective Tax Rate	-	26.23%	27.85%	28.96%	29.26%
EBITDA	-194	155.75	156.68	123.87	84.81
EBITDA Margin	-76.94%	42.51%	52.25%	50.65%	40.56%
Depreciation & Amortization	6.06	5.95	4.9	5.1	5.31
EBIT	-200.06	149.8	151.79	118.77	79.5
EBIT Margin	-79.35%	40.89%	50.62%	48.57%	38.02%

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).