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 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - |
| SG&A | $30.91M | $32.57M | $24.91M | $28.27M | $19.52M | $17.45M |
| Total Operating Expenses | - | - | - | - | - | - |
| D&A | $2.20M | $1.80M | $1.60M | $1.50M | $1.30M | $1.20M |
| Operating Income | ($3.13M) | $36.85M | $32.70M | $23.64M | $28.30M | $25.23M |
| Interest Expense | $19.87M | $25.03M | $17.41M | $11.18M | $7.78M | $5.70M |
| Income Tax | ($3.47M) | $9.74M | $7.72M | ($1.66M) | $11.02M | $9.26M |
| Net Income | $339.0K | $26.78M | $24.55M | $24.66M | $16.76M | $15.50M |
| EPS - Basic | $0.03 | $2.21 | $2.01 | $2.02 | $1.38 | $1.25 |
| EPS - Diluted | $0.03 | $2.20 | $2.00 | $2.01 | $1.38 | $1.25 |
Balance Sheet
| Line item | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $135.69M | $123.10M | $97.16M | $67.15M | $61.76M | $60.13M |
| Accounts Receivable | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - |
| Total Assets | $1.02B | $1.21B | $1.17B | $1.04B | $892.16M | $772.98M |
| Current Liabilities | - | - | - | - | - | - |
| Long-term Debt | - | - | - | - | - | - |
| Total Liabilities | $825.63M | $992.49M | $968.53M | $860.51M | $729.87M | $622.85M |
| Stockholders' Equity | $196.37M | $214.96M | $198.51M | $179.65M | $162.29M | $150.14M |
| Retained Earnings | $119.85M | $135.11M | $114.94M | $97.03M | $78.80M | $68.44M |
Cash Flow
| Line item | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $59.99M | $52.87M | $84.38M | $52.87M | $42.82M | $45.92M |
| Investing Cash Flow | $117.15M | ($148.82M) | ($126.93M) | ($148.82M) | ($143.67M) | ($104.88M) |
| Financing Cash Flow | ($166.76M) | $101.34M | $86.61M | $101.34M | $102.48M | $79.64M |
| CapEx | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - |
Ratios
| Metric | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|
| 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 | - | 26.7% | 23.9% | -7.2% | 39.7% | 37.4% |
| Return on assets | 0.0% | 2.2% | 2.1% | 2.4% | 1.9% | 2.0% |
| Return on equity | 0.2% | 12.5% | 12.4% | 13.7% | 10.3% | 10.3% |
| Return on invested capital | - | - | - | - | - | - |
| Liquidity | ||||||
| Current ratio | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - |
| Leverage | ||||||
| Debt / Equity | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - |
| Interest coverage | -0.2x | 1.5x | 1.9x | 2.1x | 3.6x | 4.4x |
| Equity multiplier | 5.20 | 5.62 | 5.88 | 5.79 | 5.50 | 5.15 |
| Liabilities / Assets | 0.81 | 0.82 | 0.83 | 0.83 | 0.82 | 0.81 |
| 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) | - | 12.7% | 38.4% | -16.5% | 12.2% | -19.3% |
| Net income growth (YoY) | -98.7% | 9.1% | -0.5% | 47.2% | 8.1% | -17.5% |
| EPS growth (YoY) | -98.6% | 10.0% | -0.5% | 45.7% | 10.4% | -16.1% |
| EPS CAGR (3y) | -75.4% | 16.8% | 17.0% | 10.5% | 3.4% | 11.2% |
| EPS CAGR (5y) | -52.6% | 8.1% | 9.9% | 17.2% | 76.7% | - |
| FCF growth (YoY) | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - |
| Book value growth (YoY) | -8.6% | 8.3% | 10.5% | 10.7% | 8.1% | -13.7% |
Stability scores
Piotroski F-score
FY 2020 · 9-point quality
4/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- -Long-term debt decreased
- -Current ratio improved
- ✓No share dilution
- -Gross margin improved
- -Asset turnover improved
Peer comparison
Same SIC group: State Commercial Banks
Comparing MARLIN BUSINESS SERVICES CORP against the 5 most active filers in the same SIC group.