Southern First Bancshares, Inc. (SFST)

Southern First Bancshares 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	87.1	86.25	101.05	117.23	77.56	79.95
Revenue Growth (YoY)	-9.93%	-14.64%	-13.81%	51.15%	-2.99%	16.80%
Gross Profit	87.1	86.25	101.05	117.23	77.56	79.95
Selling, General & Admin	54.95	54.38	51.75	46.55	43.88	37.89
Other Operating Expenses	14.88	14.44	11.19	9.88	9.87	6.58
Operating Expenses	69.82	68.83	62.93	56.43	53.74	44.47
Operating Income	17.27	17.43	38.11	60.8	23.82	35.48
Pretax Income	17.27	17.43	38.11	60.8	23.82	35.48
Income Tax	4.03	4	9	14.09	5.49	7.62
Net Income	13.25	13.43	29.12	46.71	18.33	27.86
Net Income Growth	-44.46%	-53.89%	-37.67%	154.86%	-34.21%	24.99%
Shares Outstanding (Basic)	8	8	8	8	8	8
Shares Outstanding (Diluted)	8	8	8	8	8	8
Shares Change	0.61%	0.08%	1.04%	2.11%	0.66%	0.45%
EPS (Basic)	1.65	1.67	3.66	5.96	2.37	3.70
EPS (Diluted)	1.64	1.66	3.61	5.85	2.34	3.58
EPS Growth	-44.41%	-54.02%	-38.29%	150.00%	-34.64%	24.31%
Free Cash Flow	12.15	16.41	36.45	51.61	16.24	9.88
Free Cash Flow Per Share	1.50	2.04	4.58	6.58	2.10	1.31
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	19.83%	20.20%	37.72%	51.87%	30.71%	44.38%
Profit Margin	15.21%	15.57%	28.81%	39.84%	23.63%	34.84%
Free Cash Flow Margin	13.95%	19.03%	36.07%	44.02%	20.94%	12.35%
Effective Tax Rate	23.32%	22.96%	23.61%	23.18%	23.05%	21.48%
EBITDA	22.1	22.24	41.81	63.12	26.01	37.39
EBITDA Margin	25.37%	25.79%	41.38%	53.84%	33.53%	46.77%
Depreciation & Amortization	4.83	4.82	3.7	2.32	2.19	1.92
EBIT	17.27	17.43	38.11	60.8	23.82	35.48
EBIT Margin	19.83%	20.20%	37.72%	51.87%	30.71%	44.38%

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).