Republic First Bancorp, Inc. (FRBK)

Republic First Bancorp Income Statement

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

Year	2021	2020	2019	2018	2017
Revenue	161.96	128.4	101.55	96.23	82.16
Revenue Growth (YoY)	26.13%	26.45%	5.53%	17.12%	31.50%
Cost of Revenue	12.24	10.94	11.94	9.28	9.12
Gross Profit	149.72	117.46	89.6	86.94	73.05
Selling, General & Admin	62.73	58.82	55.12	45.76	39.33
Other Operating Expenses	-190.99	-180.78	-161.51	-117.96	-110.24
Operating Expenses	-128.25	-121.96	-106.4	-66.14	-65.51
Operating Income	33.7	6.44	-4.85	26.38	14.77
Interest Income	147.8	114.95	104.86	92.07	70.85
Interest Expense	18.59	23.12	27.06	16.17	8.78
Other Expense / Income	129.21	91.83	77.81	92.07	70.85
Pretax Income	33.7	6.44	-4.85	10.21	5.99
Income Tax	8.53	1.39	-1.35	1.58	-2.92
Net Income	25.18	5.05	-3.5	8.63	8.91
Net Income Growth	398.14%	-	-	-3.12%	80.08%
Shares Outstanding (Basic)	76	59	59	58	57
Shares Outstanding (Diluted)	76	59	59	59	58
Shares Change	28.94%	0.12%	-0.97%	1.99%	46.12%
EPS (Basic)	0.37	0.07	-0.06	0.15	0.16
EPS (Diluted)	0.33	0.07	-0.06	0.15	0.15
EPS Growth	371.43%	-	-	0%	25.00%
Free Cash Flow	69.94	-25.12	-16.44	21.47	-23.51
Free Cash Flow Per Share	0.92	-0.43	-0.28	0.36	-0.40
Gross Margin	92.44%	91.48%	88.24%	90.35%	88.90%
Operating Margin	20.81%	5.02%	-4.78%	27.41%	17.98%
Profit Margin	15.54%	3.94%	-3.45%	8.97%	10.84%
Free Cash Flow Margin	43.18%	-19.56%	-16.19%	22.31%	-28.61%
Effective Tax Rate	25.30%	21.57%	-	15.46%	-48.76%
EBITDA	42.12	14.62	1.63	31.82	19.45
EBITDA Margin	26.01%	11.39%	1.61%	33.07%	23.67%
Depreciation & Amortization	8.42	8.18	6.48	5.45	4.68
EBIT	33.7	6.44	-4.85	26.38	14.77
EBIT Margin	20.81%	5.02%	-4.78%	27.41%	17.98%

Sources: The data provider is Financial Modeling Prep and the numbers are sourced from SEC filings.