Medallion Financial Corp - Understand $mfin stock

$MFIN Market Cap: $221 Million

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Financial Snapshot

Revenue

$214.2M

TTM

Gross Margin

Net Earnings

$40.05M

TTM

Current Assets

Current Liabilities

$88.11M

Q3 2024

Current Ratio

Total Assets

$2.880B

Q3 2024

Total Liabilities

$2.518B

Q3 2024

Book Value

$362.4M

Q3 2024

Cash

$120.6M

Q3 2024

P/E

5.517

Nov 29, 2024 EST

Free Cash Flow

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996
Revenue	$251.0M	$196.6M	$159.0M	$145.0M	$132.6M	$100.8M		-$0.60	-$0.81	-$0.60
YoY Change	27.68%	23.69%	9.66%	9.35%	31.46%			-25.93%	35.0%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2016	2015	2014
Revenue	$251.0M	$196.6M	$159.0M	$145.0M	$132.6M	$100.8M	-$0.60	-$0.81	-$0.60
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development							$244.0K	$257.0K
YoY Change							-5.06%
% of Gross Profit
Depreciation & Amortization	$5.243M	$5.229M	$6.519M	$7.714M	$7.499M	$5.564M	$1.020M	$490.0K	$420.0K	$480.0K	$1.100M	$1.220M	$1.320M	$1.420M	$1.720M	$1.470M	$1.420M	$1.050M	$580.0K	$590.0K	$640.0K	$600.0K	$1.260M	$1.160M	$530.0K	$180.0K	-$270.0K
YoY Change	0.27%	-19.79%	-15.49%	2.87%	34.78%	445.49%	108.16%	16.67%	-12.5%	-56.36%	-9.84%	-7.58%	-7.04%	-17.44%	17.01%	3.52%	35.24%	81.03%	-1.69%	-7.81%	6.67%	-52.38%	8.62%	118.87%	194.44%	-166.67%
% of Gross Profit
Operating Expenses							$4.211M	$5.249M	$6.044M	$6.005M
YoY Change							-19.78%	-13.15%	0.65%
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018
Interest Expense	$62.95M	$36.19M	$31.14M	$34.15M	$35.05M	$28.37M
YoY Change	73.96%	16.2%	-8.82%	-2.55%	23.54%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996
Pretax Income	$86.04M	$67.85M	$81.87M	-$36.98M	$2.337M	-$10.72M	-$35.90M	$82.10M	$38.80M	$37.20M	$34.10M	$35.40M	$19.20M	$11.30M	$1.000M	$15.20M	$15.40M	$13.10M	$6.800M	$22.80M	$2.100M	-$12.50M	-$4.100M	$7.400M	$21.10M	$16.50M	$13.50M	$5.600M
YoY Change	26.8%	-17.13%	-321.39%	-1682.41%	-121.8%	-70.13%	-143.73%	111.6%	4.3%	9.09%	-3.67%	84.38%	69.91%	1030.0%	-93.42%	-1.3%	17.56%	92.65%	-70.18%	985.71%	-116.8%	204.88%	-155.41%	-64.93%	27.88%	22.22%	141.07%
Income Tax	$24.91M	$17.96M	$24.22M	-$10.07M	$341.0K	$69.00K	-$36.23M	-$45.90M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$300.0K	$0.00	$100.0K	$0.00	-$200.0K	$0.00	-$200.0K	$900.0K	$400.0K
% Of Pretax Income	28.95%	26.47%	29.58%		14.59%			-55.91%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	1.32%	0.0%			-2.7%	0.0%	-1.21%	6.67%	7.14%
Net Earnings	$55.08M	$43.84M	$54.11M	-$34.78M	-$1.762M	-$25.05M	$300.0K	$36.20M	$38.80M	$37.20M	$34.10M	$35.40M	$19.20M	$11.30M	$1.000M	$15.20M	$15.40M	$13.10M	$6.900M	$22.50M	$2.000M	-$12.60M	-$4.100M	$7.500M	$21.10M	$16.60M	$12.50M	$5.200M
YoY Change	25.64%	-18.98%	-255.56%	1874.06%	-92.96%	-8448.67%	-99.17%	-6.7%	4.3%	9.09%	-3.67%	84.38%	69.91%	1030.0%	-93.42%	-1.3%	17.56%	89.86%	-69.33%	1025.0%	-115.87%	207.32%	-154.67%	-64.45%	27.11%	32.8%	140.38%
Net Earnings / Revenue	21.94%	22.3%	34.04%	-23.99%	-1.33%	-24.84%
Basic Earnings Per Share	$2.45	$1.86	$2.20	-$1.42	-$0.07	-$1.03	$0.01	$0.97
Diluted Earnings Per Share	$2.37	$1.83	$2.17	-$1.42	-$0.07	-$1.03	$0.01	$0.97	$1.590M	$1.482M	$1.536M	$1.752M	$1.085M	$642.0K	$56.50K	$858.8K	$865.2K	$736.0K	$392.0K	$1.223M	$109.3K	-$692.3K	-$247.0K	$513.7K	$1.445M	$1.137M	$1.016M	$866.7K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$14.08M	$13.17M	$11.80M	$12.40M	$14.40M	$1.200M	$200.0K	$300.0K	$200.0K	$300.0K	$400.0K	$600.0K	$500.0K	$400.0K	$300.0K	$400.0K	$600.0K	$500.0K	$500.0K	$1.000M	$1.400M	$1.600M	$1.900M	$2.100M	$2.400M	$1.900M	$400.0K	$100.0K
YoY Change	6.9%	11.59%	-4.84%	-13.89%	1100.0%	500.0%	-33.33%	50.0%	-33.33%	-25.0%	-33.33%	20.0%	25.0%	33.33%	-25.0%	-33.33%	20.0%	0.0%	-50.0%	-28.57%	-12.5%	-15.79%	-9.52%	-12.5%	26.32%	375.0%	300.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$65.71M	$10.29M	$9.700M	$9.700M	$10.10M	$9.200M	$307.4M	$298.3M	$164.4M	$144.6M	$115.1M	$103.7M	$90.50M	$83.50M	$75.30M	$78.00M	$62.40M	$66.50M	$63.50M	$100.0M	$8.600M	$11.90M	$10.30M	$4.000M	$6.400M	$16.60M	$10.20M	$900.0K
YoY Change	538.41%	6.11%	0.0%	-3.96%	9.78%	-97.01%	3.05%	81.45%	13.69%	25.63%	10.99%	14.59%	8.38%	10.89%	-3.46%	25.0%	-6.17%	4.72%	-36.5%	1062.79%	-27.73%	15.53%	157.5%	-37.5%	-61.45%	62.75%	1033.33%
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
Total Assets	$2.588B	$2.260B	$1.873B	$1.642B	$1.542B	$1.382B	$635.5M	$689.4M	$689.1M	$632.3M	$595.1M	$543.5M	$537.0M	$550.3M	$555.2M	$646.7M	$721.3M	$631.6M	$573.4M	$709.9M	$456.5M	$425.3M	$507.8M	$560.7M	$533.9M	$422.2M	$339.9M	$189.6M
YoY Change
Accounts Payable	$37.63M	$25.53M	$3.400M	$4.700M	$4.400M	$3.900M	$3.800M	$2.900M	$1.300M	$2.200M	$1.100M	$1.200M	$1.700M	$1.900M	$2.200M	$2.000M	$2.100M	$1.800M	$1.800M	$1.800M	$1.200M	$5.600M	$2.100M	$3.900M	$4.000M	$2.300M	$900.0K	$1.100M
YoY Change	47.41%	650.74%	-27.66%	6.82%	12.82%	2.63%	31.03%	123.08%	-40.91%	100.0%	-8.33%	-29.41%	-10.53%	-13.64%	10.0%	-4.76%	16.67%	0.0%	0.0%	50.0%	-78.57%	166.67%	-46.15%	-2.5%	73.91%	155.56%	-18.18%
Accrued Expenses	$7.019M	$10.65M	$11.20M	$13.00M	$14.80M																							$400.0K
YoY Change	-34.08%	-4.94%	-13.85%	-12.16%
Deferred Revenue
YoY Change
Short-Term Debt	$8.000M	$5.000M			$38.20M	$55.20M
YoY Change	60.0%				-30.8%
Long-Term Debt Due			$0.00	$87.30M
YoY Change			-100.0%
Total Short-Term Liabilities	$52.64M	$36.17M	$24.80M	$105.0M	$28.90M	$18.80M	$4.400M	$5.400M	$1.300M	$2.200M	$1.100M	$3.100M	$6.000M	$1.900M	$2.200M	$7.100M	$4.200M	$5.100M	$4.300M	$11.80M	$1.200M	$5.600M	$3.700M	$12.90M	$15.10M	$10.40M	$11.00M	$3.700M
YoY Change	45.54%	45.85%	-76.38%	263.32%	53.72%	327.27%	-18.52%	315.38%	-40.91%	100.0%	-64.52%	-48.33%	215.79%	-13.64%	-69.01%	69.05%	-17.65%	18.6%	-63.56%	883.33%	-78.57%	51.35%	-71.32%	-14.57%	45.19%	-5.45%	197.3%
Long-Term Debt	$235.5M	$214.3M	$220.0M	$153.7M	$174.6M	$158.8M	$327.6M	$349.1M	$404.5M	$348.8M	$315.0M	$322.8M	$357.8M	$380.5M	$382.5M	$462.7M	$542.5M	$455.1M	$400.9M	$525.9M	$287.5M	$250.8M	$321.8M	$396.1M	$357.2M	$260.3M	$177.5M	$125.8M
YoY Change	9.9%	-2.58%	43.14%	-11.97%	9.95%	-51.53%	-6.16%	-13.7%	15.97%	10.73%	-2.42%	-9.78%	-5.97%	-0.52%	-17.33%	-14.71%	19.2%	13.52%	-23.77%	82.92%	14.63%	-22.06%	-18.76%	10.89%	37.23%	46.65%	41.1%
Other Long-Term Liabilities																								$0.00	$400.0K	$1.100M	$1.800M	$2.500M
YoY Change																								-100.0%	-63.64%	-38.89%	-28.0%
Total Long-Term Liabilities	$235.5M	$214.3M	$220.0M	$153.7M	$174.6M	$158.8M	$327.6M	$349.1M	$404.5M	$348.8M	$315.0M	$322.8M	$357.8M	$380.5M	$382.5M	$462.7M	$542.5M	$455.1M	$400.9M	$525.9M	$287.5M	$250.8M	$321.8M	$396.1M	$357.6M	$261.4M	$179.3M	$128.3M
YoY Change	9.9%	-2.58%	43.14%	-11.97%	9.95%	-51.53%	-6.16%	-13.7%	15.97%	10.73%	-2.42%	-9.78%	-5.97%	-0.52%	-17.33%	-14.71%	19.2%	13.52%	-23.77%	82.92%	14.63%	-22.06%	-18.76%	10.77%	36.8%	45.79%	39.75%
Total Liabilities	$2.245B	$1.958B	$1.586B	$1.411B	$1.279B	$1.119B	$348.4M	$403.3M	$411.0M	$357.6M	$321.6M	$327.1M	$365.5M	$387.5M	$392.2M	$471.7M	$548.8M	$462.0M	$407.0M	$539.4M	$294.4M	$263.4M	$332.7M	$413.0M	$376.6M	$274.0M	$191.2M	$133.1M
YoY Change	14.64%	23.46%	12.4%	10.36%	14.23%	221.24%	-13.61%	-1.87%	14.93%	11.19%	-1.68%	-10.51%	-5.68%	-1.2%	-16.85%	-14.05%	18.79%	13.51%	-24.55%	83.22%	11.77%	-20.83%	-19.44%	9.67%	37.45%	43.31%	43.65%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Basic Shares Outstanding	22.51M	23.58M	24.60M	24.45M	24.34M	24.21M	23.92M	24.12M shares
Diluted Shares Outstanding	23.25M	23.93M	24.94M	24.45M	24.34M	24.21M	24.05M	24.17M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $220.99 Million

About MEDALLION FINANCIAL CORP

Medallion Financial Corp. is a finance company that originates and services consumer loans and loans in various commercial industries. The company is headquartered in New York City, New York and currently employs 169 full-time employees. The firm provides loans to individuals and small to mid-size businesses, through its subsidiaries. The firm operates through four segments: loans that finance consumer purchases of recreational vehicles, boats, and other consumer recreational equipment; loans that finance consumer home improvements; loans that finance commercial businesses; and historically, loans that finance taxi medallions. The firm's wholly owned subsidiaries include Medallion Bank (the Bank), Medallion Capital, Inc., Medallion Funding LLC, and Freshstart Venture Capital Corp. The Bank is a federal deposit insurance corporation (FDIC), which insured industrial bank that originates consumer loans, raises deposits, and conducts other banking activities. Medallion Capital, Inc. is a small business investment company (SBIC), which conducts a mezzanine financing business.

Industry: Finance Services Peers: AMERICAN EXPRESS CO CONSUMER PORTFOLIO SERVICES, INC. CURO Group Holdings Corp. OppFi Inc. Katapult Holdings, Inc. MONEYLION INC. OLD MARKET CAPITAL Corp Oportun Financial Corp Regional Management Corp.