First Western Financial, Inc. (MYFW)

First Western Financial 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	80.28	82.7	107.93	95.41	92.6	63.98
Revenue Growth (YoY)	-24.93%	-23.38%	13.13%	3.03%	44.74%	11.04%
Gross Profit	80.28	82.7	107.93	95.41	92.6	63.98
Selling, General & Admin	56.72	58.88	61.94	54.68	46.27	41.73
Other Operating Expenses	18.08	16.76	17.21	13.45	13.27	12.06
Operating Expenses	74.81	75.64	79.15	68.13	59.54	53.78
Operating Income	5.48	7.06	28.78	27.28	33.06	10.19
Other Expense / Income	-	-	-0.04	-	-	-
Pretax Income	5.48	7.06	28.83	27.28	33.06	10.19
Income Tax	1.56	1.84	7.13	6.67	8.53	2.18
Net Income	3.92	5.23	21.7	20.61	24.53	8.01
Net Income Growth	-80.39%	-75.92%	5.28%	-15.99%	206.33%	87.61%
Shares Outstanding (Basic)	10	10	9	8	8	8
Shares Change	1.20%	0.73%	18.17%	1.01%	-0.43%	0.22%
EPS (Basic)	0.41	0.55	2.29	2.58	3.11	1.02
EPS (Diluted)	0.41	0.54	2.23	2.50	3.08	1.01
EPS Growth	-80.00%	-75.78%	-10.80%	-18.83%	204.95%	60.32%
Free Cash Flow	16.83	19.53	45.31	160.41	-94.51	-21.93
Free Cash Flow Per Share	1.75	2.04	4.77	19.97	-11.89	-2.75
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	6.82%	8.54%	26.67%	28.59%	35.71%	15.93%
Profit Margin	4.88%	6.32%	20.10%	21.60%	26.49%	12.52%
Free Cash Flow Margin	20.97%	23.62%	41.98%	168.13%	-102.07%	-34.28%
Effective Tax Rate	28.45%	26.00%	24.73%	24.45%	25.80%	21.42%
EBITDA	7.9	9.44	30.84	28.54	34.18	11.86
EBITDA Margin	9.84%	11.41%	28.57%	29.91%	36.91%	18.54%
Depreciation & Amortization	2.42	2.38	2.01	1.26	1.12	1.67
EBIT	5.48	7.06	28.83	27.28	33.06	10.19
EBIT Margin	6.82%	8.54%	26.71%	28.59%	35.71%	15.93%

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).