MRLN · Marlin Business Services Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 | Q4 '19 | Q3 '19 | Q2 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $6.20M | $8.38M | $11.25M | - | $4.72M | $5.85M | $13.61M | - | $6.09M | $6.07M |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | - | - | - | - | - | - | - | - | - | - |
| Operating Income | $7.52M | $13.72M | $9.37M | - | $3.27M | ($7.26M) | ($19.25M) | - | $10.73M | $8.09M |
| Interest Expense | $2.59M | $2.82M | $3.26M | - | $4.69M | $5.43M | $5.68M | - | $6.56M | $6.41M |
| Income Tax | $2.04M | $3.47M | $2.52M | - | $525.0K | ($1.37M) | ($7.43M) | - | $3.28M | $1.97M |
| Net Income | $5.41M | $10.13M | $6.77M | - | $2.71M | ($5.88M) | ($11.82M) | - | $7.36M | $6.04M |
| EPS - Basic | $0.46 | $0.85 | $0.57 | - | $0.23 | ($0.50) | ($1.00) | - | $0.61 | $0.50 |
| EPS - Diluted | $0.45 | $0.84 | $0.57 | - | $0.23 | ($0.50) | ($1.00) | - | $0.60 | $0.49 |
Balance Sheet
| Line item | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 | Q4 '19 | Q3 '19 | Q2 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $222.26M | $114.25M | $110.62M | $135.69M | $195.13M | $211.71M | $211.07M | $123.10M | $132.46M | $139.73M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $1.07B | $985.44M | $972.86M | $1.02B | $1.11B | $1.20B | $1.26B | $1.21B | $1.25B | $1.28B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $852.03M | $774.36M | $771.16M | $825.63M | $923.60M | $1.02B | $1.08B | $992.49M | $1.04B | $1.07B |
| Stockholders' Equity | $215.28M | $211.08M | $201.70M | $196.37M | $182.35M | $181.00M | $188.49M | $214.96M | $208.79M | $205.55M |
| Retained Earnings | $137.26M | $133.51M | $125.02M | $119.85M | $106.24M | $105.19M | $112.70M | $135.11M | $128.35M | $122.66M |
Cash Flow
| Line item | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 | Q4 '19 | Q3 '19 | Q2 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | $7.03M | - | - | - | $10.19M | - | - | - |
| Investing Cash Flow | - | - | $27.75M | - | - | - | ($5.17M) | - | - | - |
| Financing Cash Flow | - | - | ($60.21M) | - | - | - | $82.50M | - | - | - |
| CapEx | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 | Q4 '19 | Q3 '19 | Q2 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | 27.3% | 25.5% | 27.1% | - | 16.2% | - | - | - | 30.8% | 24.6% |
| Return on assets | 0.5% | 1.0% | 0.7% | - | 0.2% | -0.5% | -0.9% | - | 0.6% | 0.5% |
| Return on equity | 2.5% | 4.8% | 3.4% | - | 1.5% | -3.2% | -6.3% | - | 3.5% | 2.9% |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | 2.9x | 4.9x | 2.9x | - | 0.7x | -1.3x | -3.4x | - | 1.6x | 1.3x |
| Equity multiplier | 4.96 | 4.67 | 4.82 | 5.20 | 6.06 | 6.61 | 6.70 | 5.62 | 5.97 | 6.23 |
| Liabilities / Assets | 0.80 | 0.79 | 0.79 | 0.81 | 0.84 | 0.85 | 0.85 | 0.82 | 0.83 | 0.84 |
| Efficiency | ||||||||||
| Asset turnover | - | - | - | - | - | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 130.0% | - | - | - | -69.5% | - | - | - | 40.6% | -5.1% |
| Net income growth (YoY) | 99.9% | - | - | - | -63.2% | - | - | - | 26.7% | -4.9% |
| EPS growth (YoY) | 95.7% | - | - | - | -61.7% | - | - | - | 27.7% | -5.8% |
| EPS CAGR (3y) | -1.4% | 17.3% | 4.5% | - | -4.0% | - | - | - | 19.7% | 10.8% |
| EPS CAGR (5y) | 5.2% | 18.5% | 14.5% | - | -9.6% | - | - | - | 9.6% | 5.2% |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 18.1% | 16.6% | 7.0% | -8.6% | -12.7% | -11.9% | -6.5% | 8.3% | 7.9% | 8.4% |
Peer comparison
Same SIC group: State Commercial Banks
Comparing MARLIN BUSINESS SERVICES CORP against the 5 most active filers in the same SIC group.