IROQ: If Bancorp Inc Financial Statements

Balance sheet, income statement, and cash flow statements for If Bancorp Inc (IROQ).

OverviewDividends

$54.25M Market Cap.

As of 09/11/2024 5:00 PM ET (MRY) • Disclaimer

IROQ Market Cap. (MRY)


IROQ Shares Outstanding (MRY)


IROQ Assets (MRY)


Total Assets

$887.75M

Total Liabilities

$813.83M

Total Investments

$835.76M

IROQ Income (MRY)


Revenue

$22.08M

Net Income

$1.79M

Operating Expense

$19.73M

IROQ Cash Flow (MRY)


CF Operations

$2.28M

CF Investing

-$39.75M

CF Financing

$36.05M

IROQ Balance Sheet (MRY)


Metric

2024

2023

2022

2021

Total Assets

$887,745,000 (4.57%)

$848,976,000 (-1.00%)

$857,558,000 (7.55%)

$797,341,000 (8.41%)

Assets Current

-

-

-

-

Assets Non-Current

-

-

-

-

Goodwill & Intangible Assets

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Shareholders Equity

$73,916,000 (3.01%)

$71,753,000 (0.13%)

$71,658,000 (-16.00%)

$85,304,000 (3.32%)

Property Plant & Equipment Net

$10,580,000 (-4.62%)

$11,092,000 (16.70%)

$9,505,000 (-2.94%)

$9,793,000 (-3.92%)

Cash & Equivalents

$9,821,000 (-19.75%)

$12,238,000 (-84.17%)

$77,311,000 (18.97%)

$64,985,000 (78.20%)

Accumulated Other Comprehensive Income

-$20,559,000 (5.03%)

-$21,648,000 (-24.80%)

-$17,346,000 (-997.36%)

$1,933,000 (-54.01%)

Deferred Revenue

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Total Investments

$835,762,000 (5.34%)

$793,365,000 (6.57%)

$744,442,000 (5.08%)

$708,473,000 (4.81%)

Investments Current

-

-

-

-

Investments Non-Current

-

-

-

-

Inventory

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Trade & Non-Trade Receivables

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Trade & Non-Trade Payables

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Accumulated Retained Earnings (Deficit)

$43,876,000 (1.18%)

$43,365,000 (7.44%)

$40,362,000 (13.23%)

$35,645,000 (14.22%)

Tax Assets

$10,483,000 (-5.02%)

$11,037,000 (20.41%)

$9,166,000 (440.13%)

$1,697,000 (169.37%)

Tax Liabilities

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Total Debt

$76,989,000 (144.25%)

$31,520,000 (27.37%)

$24,747,000 (-29.64%)

$35,173,000 (-15.77%)

Debt Current

-

-

-

-

Debt Non-Current

-

-

-

-

Total Liabilities

$813,829,000 (4.71%)

$777,223,000 (-1.10%)

$785,900,000 (10.37%)

$712,037,000 (9.05%)

Liabilities Current

-

-

-

-

Liabilities Non-Current

-

-

-

-

IROQ Income Statement (MRY)


Metric

2024

2023

2022

2021

Revenues

$22,083,000 (-16.02%)

$26,294,000 (-3.60%)

$27,275,000 (6.57%)

$25,593,000 (11.42%)

Cost of Revenue

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Selling General & Administrative Expense

$16,458,000 (-6.80%)

$17,658,000 (2.84%)

$17,171,000 (8.25%)

$15,863,000 (5.79%)

Research & Development Expense

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Operating Expenses

$19,727,000 (-1.67%)

$20,062,000 (3.19%)

$19,442,000 (6.93%)

$18,182,000 (6.58%)

Interest Expense

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Income Tax Expense

$565,000 (-64.69%)

$1,600,000 (-21.68%)

$2,043,000 (0.44%)

$2,034,000 (24.10%)

Net Loss Income from Discontinued Operations

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Consolidated Income

$1,790,000 (-61.59%)

$4,660,000 (-19.43%)

$5,784,000 (8.17%)

$5,347,000 (25.96%)

Net Income to Non-Controlling Interests

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income

$1,790,000 (-61.59%)

$4,660,000 (-19.43%)

$5,784,000 (8.17%)

$5,347,000 (25.96%)

Preferred Dividends Income Statement Impact

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income Common Stock

$1,790,000 (-61.59%)

$4,660,000 (-19.43%)

$5,784,000 (8.17%)

$5,347,000 (25.96%)

Weighted Average Shares

$3,353,026 (-0.05%)

$3,354,626 (2.98%)

$3,257,626 (0.53%)

$3,240,376 (0.00%)

Weighted Average Shares Diluted

-

-

-

-

Earning Before Interest & Taxes (EBIT)

$2,355,000 (-62.38%)

$6,260,000 (-20.02%)

$7,827,000 (6.04%)

$7,381,000 (25.44%)

Gross Profit

$22,083,000 (-16.02%)

$26,294,000 (-3.60%)

$27,275,000 (6.57%)

$25,593,000 (11.42%)

Operating Income

$2,356,000 (-62.20%)

$6,232,000 (-20.44%)

$7,833,000 (5.69%)

$7,411,000 (25.38%)

IROQ Cash Flow Statement (MRY)


Metric

2024

2023

2022

2021

Net Cash Flow from Investing

-$39,753,000 (30.40%)

-$57,119,000 (16.98%)

-$68,803,000 (-90.92%)

-$36,038,000 (-5.06%)

Net Cash Flow from Financing

$36,053,000 (444.35%)

-$10,470,000 (-114.30%)

$73,210,000 (25.28%)

$58,439,000 (4487.05%)

Net Cash Flow from Operations

$2,283,000 (-17.46%)

$2,766,000 (-68.09%)

$8,669,000 (26.24%)

$6,867,000 (-0.42%)

Net Cash Flow / Change in Cash & Cash Equivalents

-$1,417,000 (97.81%)

-$64,823,000 (-595.74%)

$13,076,000 (-55.32%)

$29,268,000 (212.00%)

Net Cash Flow - Business Acquisitions and Disposals

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Cash Flow - Investment Acquisitions and Disposals

-$40,002,000 (27.29%)

-$55,017,000 (14.20%)

-$64,123,000 (-75.23%)

-$36,594,000 (-5.34%)

Capital Expenditure

-$159,000 (92.93%)

-$2,250,000 (-481.40%)

-$387,000 (-38.71%)

-$279,000 (-76.58%)

Issuance (Repayment) of Debt Securities

$45,469,000 (571.33%)

$6,773,000 (164.96%)

-$10,426,000 (-58.35%)

-$6,584,000 (-143.91%)

Issuance (Purchase) of Equity Shares

$0 (0%)

$732,000 (132.38%)

$315,000 (0%)

$0 (0%)

Payment of Dividends & Other Cash Distributions

-$1,279,000 (-0.79%)

-$1,269,000 (-18.93%)

-$1,067,000 (-17.38%)

-$909,000 (3.19%)

Effect of Exchange Rate Changes on Cash

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Share Based Compensation

$563,000 (-14.95%)

$662,000 (10.15%)

$601,000 (5.07%)

$572,000 (-7.44%)

Depreciation Amortization & Accretion

$671,000 (1.21%)

$663,000 (-1.78%)

$675,000 (-0.59%)

$679,000 (1.19%)

IROQ Financial Metrics (MRY)


Metric

2024

2023

2022

2021

Gross Margin

100.00% (0.00%)

100.00% (0.00%)

100.00% (0.00%)

100.00% (0.00%)

Profit Margin

8.10% (-54.24%)

17.70% (-16.51%)

21.20% (1.44%)

20.90% (12.97%)

EBITDA Margin

13.70% (-47.91%)

26.30% (-15.71%)

31.20% (-0.95%)

31.50% (10.53%)

Return on Average Equity (ROAE)

2.50% (-62.12%)

6.60% (-8.33%)

7.20% (14.29%)

6.30% (16.67%)

Return on Average Assets (ROAA)

0.20% (-66.67%)

0.60% (-14.29%)

0.70% (0.00%)

0.70% (16.67%)

Return on Sales (ROS)

10.70% (-55.04%)

23.80% (-17.07%)

28.70% (-0.35%)

28.80% (12.50%)

Return on Invested Capital (ROIC)

0.20% (-71.43%)

0.70% (-30.00%)

1.00% (0.00%)

1.00% (25.00%)

Dividend Yield

2.50% (-10.71%)

2.80% (55.56%)

1.80% (38.46%)

1.30% (-23.53%)

Price to Earnings Ratio (P/E)

28.39 (194.86%)

9.63 (-4.74%)

10.11 (-21.99%)

12.96 (2.89%)

Price to Sales Ratio (P/S)

2.46 (33.39%)

1.84 (-18.82%)

2.27 (-21.41%)

2.89 (18.66%)

Price to Book Ratio (P/B)

0.73 (8.74%)

0.68 (-21.87%)

0.86 (-0.23%)

0.87 (27.92%)

Debt to Equity Ratio (D/E)

11.01 (1.64%)

10.83 (-1.23%)

10.97 (31.39%)

8.35 (5.55%)

Earnings Per Share (EPS)

0.57 (-62.00%)

1.5 (-20.21%)

1.88 (6.82%)

1.76 (28.47%)

Sales Per Share (SPS)

6.59 (-15.97%)

7.84 (-6.39%)

8.37 (6.01%)

7.9 (11.41%)

Free Cash Flow Per Share (FCFPS)

0.63 (311.04%)

0.15 (-93.94%)

2.54 (25.04%)

2.03 (-2.21%)

Book Value Per Share (BVPS)

22.05 (3.07%)

21.39 (-2.76%)

22 (-16.44%)

26.32 (3.32%)

Tangible Assets Book Value Per Share (TABVPS)

264.76 (4.62%)

253.08 (-3.86%)

263.25 (6.98%)

246.06 (8.41%)

Enterprise Value Over EBIT (EV/EBIT)

76 (347.06%)

17 (112.50%)

8 (-20.00%)

10 (-47.37%)

Enterprise Value Over EBITDA (EV/EBITDA)

58.91 (283.48%)

15.36 (105.53%)

7.47 (-17.79%)

9.09 (-45.43%)

Asset Turnover

0.03 (-21.87%)

0.03 (-5.88%)

0.03 (0.00%)

0.03 (3.03%)

Current Ratio

-

-

-

-

Dividends

$0.4 (0.00%)

$0.4 (14.29%)

$0.35 (16.67%)

$0.3 (0.00%)

Free Cash Flow (FCF)

$2,124,000 (311.63%)

$516,000 (-93.77%)

$8,282,000 (25.71%)

$6,588,000 (-2.23%)

Enterprise Value (EV)

$178,253,961 (67.62%)

$106,341,799 (67.35%)

$63,543,894 (-13.28%)

$73,274,573 (-32.90%)

Earnings Before Tax (EBT)

$2,355,000 (-62.38%)

$6,260,000 (-20.02%)

$7,827,000 (6.04%)

$7,381,000 (25.44%)

Earnings Before Interest Taxes & Depreciation Amortization (EBITDA)

$3,026,000 (-56.29%)

$6,923,000 (-18.57%)

$8,502,000 (5.48%)

$8,060,000 (22.96%)

Invested Capital

$954,913,000 (9.98%)

$868,258,000 (7.86%)

$804,994,000 (4.88%)

$767,529,000 (3.61%)

Working Capital

-

-

-

-

Tangible Asset Value

$887,745,000 (4.57%)

$848,976,000 (-1.00%)

$857,558,000 (7.55%)

$797,341,000 (8.41%)

Market Capitalization

$54,251,961 (12.00%)

$48,440,799 (-21.74%)

$61,894,894 (-16.22%)

$73,880,573 (32.17%)

Average Equity

$71,658,000 (0.90%)

$71,017,750 (-11.94%)

$80,649,500 (-4.35%)

$84,313,250 (6.39%)

Average Assets

$893,553,000 (7.57%)

$830,634,750 (4.36%)

$795,900,250 (6.75%)

$745,547,500 (7.42%)

Invested Capital Average

$999,662,000 (13.35%)

$881,920,500 (12.45%)

$784,274,250 (5.00%)

$746,909,750 (3.47%)

Shares

3,353,026 (-0.05%)

3,354,626 (2.98%)

3,257,626 (0.53%)

3,240,376 (0.00%)