See more : Old Mutual Limited (OMU.L) 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 | 12.29M | 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 Announces Upcoming Conference Participation
RADNOR, PA, Jan. 27, 2022 (GLOBE NEWSWIRE) -- BM Technologies, Inc. (NYSE American: BMTX)(“the Company” or “BMTX”), one of the largest digital banking platforms and banking as a service providers, announced that it will participate in the following investor conferences:
BM Technologies: A Deep Value Fintech That Is Severely Mispriced
BM Technologies runs a college disbursement business that has brought in $2 billion of deposits.
Implied Volatility Surging for BM Technologies (BMTX) Stock Options
Investors need to pay close attention to BM Technologies (BMTX) stock based on the movements in the options market lately.
BM Technologies, Inc.'s (BMTX) CEO Luvleen Sidhu on Q3 2021 Results - Earnings Call Transcript
BM Technologies, Inc.'s (BMTX) CEO Luvleen Sidhu on Q3 2021 Results - Earnings Call Transcript
Fintech BM Technologies to Merge With First Sound Bank
Suburban Philadelphia-based digital banking platform BM Technologies, Inc. will merge with First Sound Bank as part of a $23 million acquisition, BM Technologies announced Monday (Nov. 15). The FinTech company has signed a definitive agreement to merge with the Seattle-based community...
BM Technologies Increases Preliminary Third Quarter and Full Year 2021 Financial Guidance & Provides Corporate Update
RADNOR, Pa., Oct. 13, 2021 (GLOBE NEWSWIRE) -- BM Technologies, Inc. (NYSE American: BMTX), one of the largest digital banking platforms in the country, increases preliminary third quarter revenue and EBITDA guidance to approximately $22 million and $6 million respectively...
BM Technologies, Inc. (BMTX) CEO Luvleen Sidhu on Q2 2021 Results - Earnings Call Transcript
BM Technologies, Inc. (BMTX) CEO Luvleen Sidhu on Q2 2021 Results - Earnings Call Transcript
BM Technologies (BMTX) Sees Hammer Chart Pattern: Time to Buy?
BM Technologies (BMTX) has been struggling lately, but the selling pressure may be coming to an end soon
Luvleen Sidhu, Chair, CEO and Founder of BM Technologies (NYSE: BMTX), to Participate in Panel Discussion about Challengers at CogX Festival 2021
Sidhu Joins Other Visionaries Including Robert Downey Jr. to Speak at Global Leadership Summit Sidhu Joins Other Visionaries Including Robert Downey Jr. to Speak at Global Leadership Summit
Why You Shouldn't Bet Against BM Technologies (BMTX) Stock
BM Technologies (BMTX) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
Source: https://incomestatements.info
Category: Stock Reports