United Bancshares, Inc. (UBOH)

United 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	37.87	38.74	45.64	53.08	60.04	43.94
Revenue Growth (YoY)	-15.20%	-15.11%	-14.02%	-11.59%	36.64%	16.76%
Cost of Revenue	-0.29	0	0	0	0	0
Gross Profit	38.16	38.74	45.64	53.08	60.04	43.94
Selling, General & Admin	0	17.23	20.5	25.7	26.48	22.26
Other Operating Expenses	-21.13	-46.68	-51.97	-62.71	-69.84	-53.92
Operating Expenses	-13.34	-29.45	-31.47	-37.01	-43.37	-31.67
Operating Income	9.25	9.29	14.17	16.08	16.68	12.28
Interest Income	47.89	47.2	38.94	38.8	40.03	37.82
Interest Expense	16.19	14.09	3.26	3.07	6.99	8.92
Other Expense / Income	31.7	33.11	37.33	35.74	33.04	28.9
Pretax Income	9.25	9.29	12.52	16.08	16.68	12.28
Income Tax	0.69	0.68	1.21	2.49	2.92	1.62
Net Income	8.55	8.61	11.31	13.58	13.76	10.66
Net Income Growth	-19.88%	-23.91%	-16.72%	-1.26%	29.02%	29.70%
Shares Outstanding (Basic)	3	3	3	3	3	3
Shares Outstanding (Diluted)	3	3	3	3	3	3
Shares Change	-3.31%	-6.07%	-0.19%	-0.89%	0.89%	0.23%
EPS (Basic)	2.81	2.80	3.46	4.14	4.21	3.26
EPS (Diluted)	2.81	2.80	3.46	4.14	4.16	3.25
EPS Growth	-14.07%	-19.08%	-16.43%	-0.48%	28.00%	29.48%
Free Cash Flow	0	11.2	13.2	22.48	15.64	2.87
Free Cash Flow Per Share	-	3.64	4.04	6.86	4.73	0.88
Gross Margin	100.77%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	24.42%	23.98%	31.05%	30.28%	27.78%	27.94%
Profit Margin	22.59%	22.21%	24.78%	25.59%	22.91%	24.26%
Free Cash Flow Margin	-	28.90%	28.92%	42.35%	26.04%	6.53%
Effective Tax Rate	7.51%	7.35%	9.69%	15.51%	17.52%	13.16%
EBITDA	7.32	11.12	15.78	17.62	18.18	13.52
EBITDA Margin	19.32%	28.69%	34.58%	33.19%	30.27%	30.76%
Depreciation & Amortization	0	1.83	1.61	1.54	1.5	1.24
EBIT	-	9.29	14.17	16.08	16.68	12.28
EBIT Margin	-	23.98%	31.05%	30.28%	27.78%	27.94%

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