The First Bancorp, Inc. (FNLC)

The First Bancorp Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	79.46	91.29	86.06	71.9	65.43
Revenue Growth (YoY)	-12.96%	6.08%	19.69%	9.89%	6.72%
Gross Profit	79.46	91.29	86.06	71.9	65.43
Selling, General & Admin	41.77	42.77	41.26	38.56	34.69
Other Operating Expenses	1.99	1.14	0.89	1.09	0.48
Operating Expenses	43.76	43.9	42.15	39.65	35.17
Operating Income	35.7	47.39	43.91	32.25	30.26
Pretax Income	35.7	47.39	43.91	32.25	30.26
Income Tax	6.18	8.4	7.64	5.12	4.74
Net Income	29.52	38.99	36.27	27.13	25.53
Net Income Growth	-24.29%	7.50%	33.69%	6.28%	8.45%
Shares Outstanding (Basic)	11	11	11	11	11
Shares Change	0.47%	0.42%	0.44%	0.44%	0.36%
EPS (Basic)	2.68	3.56	3.33	2.50	2.36
EPS (Diluted)	2.66	3.53	3.30	2.48	2.34
EPS Growth	-24.65%	6.97%	33.06%	5.98%	7.83%
Free Cash Flow	34.29	39.85	52.94	20.23	24.48
Free Cash Flow Per Share	3.09	3.61	4.81	1.85	2.25
Dividend Per Share	1.380	1.320	1.260	1.220	1.180
Dividend Growth	4.55%	4.76%	3.28%	3.39%	11.32%
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	44.93%	51.91%	51.03%	44.85%	46.25%
Profit Margin	37.15%	42.71%	42.14%	37.73%	39.01%
Free Cash Flow Margin	43.15%	43.65%	61.51%	28.13%	37.41%
Effective Tax Rate	17.32%	17.72%	17.41%	15.88%	15.65%
EBITDA	37.81	49.37	45.95	34.47	32.2
EBITDA Margin	47.58%	54.08%	53.39%	47.94%	49.21%
Depreciation & Amortization	2.11	1.98	2.04	2.22	1.94
EBIT	35.7	47.39	43.91	32.25	30.26
EBIT Margin	44.93%	51.91%	51.03%	44.85%	46.25%

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).