See more : SEBinvest – Europa Small Cap AKL (SEIESCP.CO) Income Statement Analysis – Financial Results
Complete financial analysis of BM Technologies, Inc. (BMTX) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of BM Technologies, Inc., a leading company in the Software – Application industry within the Technology sector.
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BM Technologies, Inc. (BMTX)
About BM Technologies, Inc.
BM Technologies, Inc. operates as a financial technology (fintech) company in the United States. It facilitates deposits and banking services between a customer and its partner bank, customers bank, which is a related party and is a Federal Deposit Insurance Corporation insured bank. The company, through its fintech banking platform, offers digital banking and disbursement services to consumers and students through digital channels. The company was formerly known as BankMobile Technologies, Inc. and changed its name to BM Technologies, Inc. in January 2021. BM Technologies, Inc. was founded in 2014 and is headquartered in Wayne, Pennsylvania.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|
| Revenue | 55.25M | 83.60M | 94.99M | 66.86M | 72.31M | 57.52M | 12.54M |
| Cost of Revenue | 28.69M | 30.07M | 31.19M | 28.23M | 28.85M | 32.40M | 10.34M |
| Gross Profit | 26.57M | 53.53M | 63.80M | 38.63M | 43.46M | 25.12M | 2.20M |
| Gross Profit Ratio | 48.08% | 64.03% | 67.17% | 57.78% | 60.10% | 43.67% | 17.56% |
| Research & Development | 0.00 | 11.45M | 11.64M | 14.75M | 0.00 | 0.00 | 0.00 |
| General & Administrative | 33.78M | 51.70M | 49.63M | 36.81M | 375.39K | 8.30M | 3.73M |
| Selling & Marketing | 479.00K | 741.00K | 654.00K | 941.00K | 1.35M | 557.00K | 154.00K |
| SG&A | 34.26M | 52.44M | 50.28M | 37.75M | 375.39K | 25.12M | 4.62M |
| Other Expenses | 0.00 | 10.06M | 7.79M | 10.52M | 424.00K | -720.21K | -1.77K |
| Operating Expenses | 43.88M | 62.49M | 58.07M | 48.27M | 799.39K | 720.21K | 1.77K |
| Cost & Expenses | 74.30M | 92.56M | 89.26M | 76.49M | 799.39K | 720.21K | 1.77K |
| Interest Income | 0.00 | 0.00 | 96.00K | 1.41M | 3.95M | 1.23M | 0.00 |
| Interest Expense | 0.00 | 0.00 | 96.00K | 1.40M | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 12.18M | 12.39M | 12.78M | 13.27M | 1.48M | 1.41M | 411.00K |
| EBITDA | -5.14M | 3.42M | 35.67M | 2.48M | 5.06M | 0.00 | -1.77K |
| EBITDA Ratio | -9.30% | -10.73% | 19.49% | -14.41% | -3.75% | -1.25% | -0.01% |
| Operating Income | -19.04M | -8.97M | 5.67M | -10.38M | 3.15M | -720.21K | -1.77K |
| Operating Income Ratio | -34.47% | -10.73% | 5.97% | -15.52% | 4.36% | -1.25% | -0.01% |
| Total Other Income/Expenses | 1.73M | 7.78M | 17.13M | -2.13M | 3.95M | 1.23M | 0.00 |
| Income Before Tax | -17.32M | -1.19M | 22.80M | -11.77M | 5.06M | 511.80K | -1.77K |
| Income Before Tax Ratio | -31.34% | -1.42% | 24.00% | -17.60% | 7.00% | 0.89% | -0.01% |
| Income Tax Expense | 16.00K | -411.00K | 5.75M | 23.00K | 788.02K | 216.85K | 10.00K |
| Net Income | -17.33M | -779.00K | 17.04M | -11.79M | 4.27M | 294.96K | -1.77K |
| Net Income Ratio | -31.37% | -0.93% | 17.94% | -17.64% | 5.91% | 0.51% | -0.01% |
| EPS | -1.50 | -0.07 | 1.44 | -0.92 | 0.20 | 0.01 | 0.00 |
| EPS Diluted | -1.50 | -0.07 | 1.43 | -0.92 | 0.20 | 0.01 | 0.00 |
| Weighted Avg Shares Out | 11.57M | 11.94M | 11.85M | 12.89M | 21.16M | 20.86M | 21.56M |
| Weighted Avg Shares Out (Dil) | 11.57M | 11.94M | 11.94M | 12.89M | 21.16M | 20.86M | 21.56M |
BM Technologies, Inc. (BMTX) Announces Renowned Digital Marketing Expert Michael Pavone as New Board Member
RADNOR, PA / ACCESSWIRE / July 20, 2023 / BM Technologies, Inc. (NYSE American:BMTX), one of the largest digital banking platforms and Banking-as-a-Service (BaaS) providers, is thrilled to announce the appointment of a distinguished marketing industry veteran, Michael Pavone, as...
BM Technologies, Inc. (BMTX) Q1 2023 Earnings Call Transcript
BM Technologies, Inc. (NYSE:BMTX ) Q1 2023 Earnings Conference Call May 22, 2023 5:00 PM ET Company Participants Brian Prenoveau - IR Luvleen Sidhu - CEO Jim Dullinger - CFO Raj Singh - Co-CEO Conference Call Participants Brian Dobson -...
BM Technologies, Inc. (BMTX) Reports Q1 Loss, Misses Revenue Estimates
BM Technologies, Inc. (BMTX) came out with a quarterly loss of $0.43 per share versus the Zacks Consensus Estimate of a loss of $0.48. This compares to earnings of $0.13 per share a year ago.
BM Technologies to Announce First Quarter 2023 Earnings and Host Webcast
RADNOR, PA / ACCESSWIRE / May 10, 2023 / BM Technologies, Inc. (NYSE American:BMTX) (the "Company"), one of the largest digital banking platforms and Banking-as-a-Service (BaaS) providers in the country, will host a live webcast to discuss its first quarter...
BM Technologies, Inc. (BMTX) Q4 2022 Earnings Call Transcript
BM Technologies, Inc. (NYSE:BMTX ) Q4 2022 Earnings Conference Call March 27, 2023 5:00 PM ET Company Participants Jim Dullinger - Chief Financial Officer Luvleen Sidhu - Founder, Chairman, and Chief Executive Officer Jamie Donahue - President Conference Call Participants...
BM Technologies, Inc. to Announce Fourth Quarter and Fiscal Year 2022 Earnings and Host Audio Webcast on March 27, 2023
RADNOR, PA / ACCESSWIRE / February 23, 2023 / BM Technologies, Inc. (NYSE American:BMTX) ("BM Technologies," "BMTX," "we," or the "Company"), one of the largest digital banking platforms and Banking-as-a-Service (BaaS) providers in the country, announced today that it will...
BM Technologies: A Show Me Story
The company announced a "profit enhancement plan" on January 30th which the market reacted to by wiping -11% off the stock price. In this article, I'll update my previous coverage on this name and reflect on whether or not that's...
Bank-Fintech Deals Did Not Have a Good Year in 2022
Heading into 2022, it looked like there would be several more bank-fintech mergers and acquisitions.
BM Technologies: Major Catalysts Imminent, High Short Interest, And A Misunderstood Business
BM Technologies has three major developments that are set to materialize within the next 12-18 months and the market doesn't seem to care. Despite having ample liquidity to weather a temporary compression in earnings, the market thinks the business model...
BM Technologies, Inc. (BMTX) Q3 2022 Earnings Call Transcript
BM Technologies, Inc. (NYSE:BMTX ) Q3 2022 Earnings Conference Call November 15, 2022 9:00 AM ET Company Participants Bob Ramsey - Chief Financial Officer Luvleen Sidhu - Founder, Chairman, and Chief Executive Officer Conference Call Participants Mike Grondhahl - Northland...
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