Unity Bancorp, Inc. (UNTY)

Unity Bancorp 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	99.67	99.97	93.88	88.91	70.38	65.03
Revenue Growth (YoY)	2.99%	6.49%	5.59%	26.33%	8.23%	7.09%
Gross Profit	99.67	99.97	93.88	88.91	70.38	65.03
Selling, General & Admin	44.85	44.34	40.92	38.88	37.75	34.1
Other Operating Expenses	2.83	2.63	1.54	1.9	1.51	0.61
Operating Expenses	47.68	46.98	42.46	40.78	39.26	34.72
Operating Income	51.99	53	51.42	48.13	31.12	30.32
Pretax Income	51.99	53	51.42	48.13	31.12	30.32
Income Tax	12.98	13.29	12.96	12.01	7.48	6.66
Net Income	39.01	39.71	38.46	36.12	23.64	23.65
Net Income Growth	-1.59%	3.25%	6.47%	52.76%	-0.04%	7.91%
Shares Outstanding (Basic)	10	10	11	10	11	11
Shares Outstanding (Diluted)	10	10	11	11	11	11
Shares Change	-3.84%	-3.43%	1.51%	-2.48%	-1.95%	1.04%
EPS (Basic)	3.86	3.89	3.66	3.47	2.21	2.18
EPS (Diluted)	3.81	3.84	3.59	3.43	2.19	2.14
EPS Growth	3.25%	6.96%	4.66%	56.62%	2.34%	6.47%
Free Cash Flow	48.08	45.95	41.19	31.28	21.76	34.32
Free Cash Flow Per Share	4.75	4.50	3.92	3.01	2.03	3.16
Dividend Per Share	0.490	0.480	0.430	0.360	0.320	0.310
Dividend Growth	8.89%	11.63%	19.44%	12.50%	3.23%	14.81%
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	52.16%	53.01%	54.77%	54.13%	44.22%	46.62%
Profit Margin	39.14%	39.72%	40.96%	40.62%	33.59%	36.37%
Free Cash Flow Margin	48.24%	45.97%	43.87%	35.18%	30.92%	52.77%
Effective Tax Rate	24.97%	25.07%	25.21%	24.96%	24.02%	21.98%
EBITDA	55.66	55.38	54.18	49.74	33.03	31.93
EBITDA Margin	55.85%	55.39%	57.71%	55.94%	46.93%	49.11%
Depreciation & Amortization	3.68	2.38	2.76	1.61	1.91	1.62
EBIT	51.99	53	51.42	48.13	31.12	30.32
EBIT Margin	52.16%	53.01%	54.77%	54.13%	44.22%	46.62%

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).