IROQ: If Bancorp Inc Financial Statements
Balance sheet, income statement, and cash flow statements for If Bancorp Inc (IROQ).
$54.25M Market Cap.
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%) |
