Financial Snapshot

Revenue
$56.84M
TTM
Gross Margin
Net Earnings
-$13.04M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
83.2%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$21.53M
Q3 2024
Cash
Q3 2024
P/E
-4.407
Nov 29, 2024 EST
Free Cash Flow
$5.717M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017
Revenue $55.25M $83.60M $94.99M $66.44M $0.00 $0.00 $0.00
YoY Change -33.91% -11.99% 42.97%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017
Revenue $55.25M $83.60M $94.99M $66.44M $0.00 $0.00 $0.00
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017
Selling, General & Admin $49.90M $80.88M $67.52M $50.66M $575.4K $565.0K $940.00
YoY Change -38.3% 19.78% 33.28% 8705.16% 1.84% 60004.26%
% of Gross Profit
Research & Development $27.78M $29.18M $28.97M $27.40M
YoY Change -4.8% 0.7% 5.73%
% of Gross Profit
Depreciation & Amortization $12.18M $300.0K $200.0K $310.0K
YoY Change 3958.67% 50.0% -35.48%
% of Gross Profit
Operating Expenses $73.70M $29.18M $28.97M $27.40M -$1.111M $720.2K $1.770K
YoY Change 152.59% 0.7% 5.73% -2567.52% -254.2% 40589.83%
Operating Profit -$19.98M -$9.256M $5.666M -$10.80M
YoY Change 115.86% -263.36% -152.48%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017
Interest Expense $2.665M $0.00 $96.00K $1.395M $3.951M $1.232M
YoY Change -100.0% -93.12% -64.69% 220.69%
% of Operating Profit 1.69%
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017
Pretax Income -$17.32M -$1.190M $22.80M -$12.19M $5.062M $511.8K -$1.770K
YoY Change 1355.04% -105.22% -286.98% -340.86% 888.96% -29015.25%
Income Tax $16.00K -$411.0K $5.752M $23.00K $788.0K $216.9K
% Of Pretax Income 25.23% 15.57% 42.37%
Net Earnings -$17.33M -$779.0K $17.04M -$12.21M $4.274M $295.0K -$1.770K
YoY Change 2124.78% -104.57% -239.54% -385.81% 1348.84% -16764.41%
Net Earnings / Revenue -31.37% -0.93% 17.94% -18.38%
Basic Earnings Per Share -$1.50 -$0.07 $1.44 -$1.99
Diluted Earnings Per Share -$1.50 -$0.07 $1.43 -$1.99 $202.0K $14.14K -$94.40

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017
Cash & Short-Term Investments $14.29M $21.11M $25.70M $2.989M $482.7K $1.193M $610.00
YoY Change -32.31% -17.88% 759.95% 519.26% -59.54% 195465.57%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $5.148M $9.076M $2.099M $2.348M $37.57K $71.87K
YoY Change -43.28% 332.4% -10.6% 6149.67% -47.73%
Inventory
Prepaid Expenses
Receivables $9.128M $8.260M $9.194M $10.03M
Other Receivables $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $28.56M $38.44M $37.00M $15.37M $520.2K $1.265M $610.00
YoY Change -25.7% 3.91% 140.71% 2854.41% -58.87% 207245.9%
Property, Plant & Equipment $535.0K $508.0K $346.0K $401.0K
YoY Change 5.31% 46.82% -13.72%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $175.4M $172.2M
YoY Change 1.86%
Other Assets $0.00 $72.00K $398.0K $853.0K $0.00 $0.00 $81.39K
YoY Change -100.0% -81.91% -53.34% -100.0%
Total Long-Term Assets $26.08M $32.59M $39.35M $51.24M $175.4M $172.2M $81.39K
YoY Change -19.99% -17.16% -23.21% -70.79% 1.86% 211490.86%
Total Assets $54.64M $71.04M $76.34M $66.61M $175.9M $173.5M $82.00K
YoY Change
Accounts Payable $10.58M $12.68M $6.947M $7.521M $112.0K $258.6K $24.04K
YoY Change -16.61% 82.58% -7.63% 6616.98% -56.69% 975.54%
Accrued Expenses $0.00 $416.0K $701.0K
YoY Change -100.0% -40.66%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $21.00M $0.00 $0.00 $2.000K
YoY Change -100.0% -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $22.90M $19.33M $24.56M $39.81M $764.1K $675.4K $58.76K
YoY Change 18.46% -21.28% -38.31% 5109.85% 13.14% 1049.44%
Long-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $769.0K $2.847M $13.80M $2.531M $14.41M $6.772M
YoY Change -72.99% -79.38% 445.4% -82.44% 112.82%
Total Long-Term Liabilities $769.0K $2.847M $13.80M $2.531M $14.41M $6.772M $0.00
YoY Change -72.99% -79.38% 445.4% -82.44% 112.82%
Total Liabilities $23.67M $22.18M $38.36M $42.34M $15.18M $7.447M $58.76K
YoY Change 6.72% -42.19% -9.4% 179.01% 103.78% 12573.52%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017
Basic Shares Outstanding 11.57M shares 11.94M shares 11.85M shares 6.123M shares
Diluted Shares Outstanding 11.57M shares 11.94M shares 11.94M shares 6.123M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $57.473 Million

About BM Technologies, Inc.

BM Technologies, Inc. is a technology company that provides banking services through its partner banks. The company is headquartered in Wayne, Pennsylvania and currently employs 200 full-time employees. The company went IPO on 2018-08-28. The firm facilitates deposits and banking services between a customer and its partner bank, Customers Bank and First Carolina Bank, (the Partner Banks), which are related parties. The firm provides high-tech digital banking and disbursement services to consumers and students nationwide through a full service fintech banking platform, accessible to customers anywhere and anytime through digital channels. Its banking platform provides access to checking and savings accounts, personal loans, and financial wellness. Its fintech business model leverages Banking-as-a-Service (BaaS) partners’ and University partners’ existing customer bases to achieve high volume, low-cost customer acquisition in its Higher Education Disbursement and BaaS businesses.

Industry: State Commercial Banks Peers: ALJ REGIONAL HOLDINGS INC RYVYL Inc. BlueOne Card, Inc. Usio, Inc. Steel Connect, Inc. Exela Technologies, Inc. INNODATA INC VISA INC.