ATLO | Ames National Corporation Stock Financials Income Statements Annual

(Stock Exchange: NASDAQ)

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Financial Year End	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31
Revenue	53.84M	62.93M	66.53M	65.46M	53.88M	50.02M	48.21M	48.02M	47.24M	44.43M	41.08M	39.76M	37.86M	36.45M	35.62M	38.16M	31.23M	29.66M	30.99M	32.06M	31.41M	29.74M	27.67M	4.59M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-4.50K	N/A	N/A	3.20B	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	53.84M	62.93M	66.53M	65.46M	53.88M	50.02M	48.21M	48.02M	47.24M	44.43M	41.08M	39.76M	37.86M	36.46M	35.62M	38.16M	-3.17B	29.66M	30.99M	32.06M	31.41M	29.74M	27.67M	4.59M
Operating Expenses	53.84M	-28.04M	-35.86M	-42.23M	-32.84M	-21.00M	-20.21M	-20.14M	-21.08M	-18.12M	-16.59M	-14.29M	-12.65M	14.00M	18.55M	-14.56M	3.21B	5.98M	391.92K	-4.85M	-5.13M	-2.30M	6.40M	32.39M
Selling, General & Admin	24.76M	23.52M	22.86M	23.18M	19.87M	18.46M	16.42M	16.23M	15.91M	14.78M	13.79M	13.13M	14.36M	14.00M	18.52M	10.57M	10.04M	9.41M	9.21M	9.02M	9.04M	8.07M	6.83M	6.35M
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Other Operating Expenses	29.08M	-51.55M	-58.72M	-65.41M	-52.71M	-44.10M	-36.63M	-36.37M	-37.00M	-32.90M	-30.39M	-27.42M	-27.01M	4.50K	29.57K	-25.13M	3.20B	-3.42M	-8.82M	-13.87M	-14.17M	-10.38M	-436.78K	26.04M
Operating Income	N/A	34.89M	30.67M	23.23M	21.04M	29.02M	28.00M	27.88M	26.15M	26.31M	24.48M	25.47M	25.20M	25.25M	21.52M	23.60M	38.09M	35.65M	31.38M	27.21M	26.28M	27.44M	34.07M	36.98M
Other Expenses / Income	12.89M	-1.18M	N/A	-1.14M	N/A	-835.05K	-797.36K	-735.87K	-1.72M	-2.47M	-1.59M	-1.34M	-335.05K	-4.50K	-29.57K	-12.05M	N/A	482.20K	N/A	-1.63M	-10.34M	-11.66M	-18.88M	-24.26M
Before Tax Income	12.89M	25.16M	30.67M	23.23M	21.04M	21.42M	21.28M	22.54M	20.82M	20.87M	18.61M	18.93M	18.47M	17.47M	11.30M	7.20M	14.55M	14.34M	15.44M	16.64M	15.95M	15.78M	15.19M	12.71M
Income Tax Expenses	2.07M	5.87M	6.76M	4.38M	3.85M	4.41M	7.58M	6.80M	5.81M	5.62M	4.66M	4.75M	4.55M	4.50M	2.29M	845.01K	3.54M	3.40M	3.84M	4.26M	4.32M	4.44M	4.64M	3.60M
Net Income	10.82M	19.29M	23.91M	18.85M	17.19M	17.01M	13.70M	15.73M	15.01M	15.25M	13.95M	14.18M	13.92M	12.97M	9.01M	6.35M	11.01M	10.94M	11.61M	12.39M	11.62M	11.34M	10.55M	9.12M
Interest Expenses	29.68M	8.31M	4.49M	8.10M	10.93M	7.60M	5.58M	4.14M	4.19M	4.55M	5.07M	5.75M	6.73M	7.78M	10.23M	16.40M	23.54M	21.31M	15.93M	10.56M	10.34M	11.66M	18.88M	24.26M
Basic Shares Outstanding	8.99M	9.03M	9.11M	9.15M	9.24M	9.30M	9.31M	9.31M	9.31M	9.30M	9.30M	9.31M	9.40M	9.43M	9.48M	9.43M	9.41M	9.43M	9.44M	9.42M	9.40M	9.37M	9.36M	9.37M
Diluted Shares Outstanding	8.99M	9.03M	9.11M	9.15M	9.24M	9.31M	9.32M	9.31M	9.33M	9.30M	9.30M	9.31M	9.40M	9.43M	9.48M	9.43M	9.42M	9.43M	9.44M	9.42M	9.40M	9.37M	9.36M	9.37M
EBITDA	N/A	27.16M	32.70M	25.50M	22.89M	22.98M	22.79M	24.12M	22.39M	22.08M	19.68M	19.91M	19.21M	18.22M	13.04M	N/A	N/A	N/A	N/A	18.28M	N/A	N/A	N/A	N/A
EBITDA Margin	0.00%	43.16%	49.15%	38.96%	42.48%	45.95%	47.27%	50.22%	47.40%	49.69%	47.92%	50.09%	50.75%	49.98%	36.62%	0.00%	0.00%	0.00%	0.00%	57.02%	0.00%	0.00%	0.00%	0.00%
EBIT	42.56M	33.47M	35.16M	31.33M	31.97M	29.02M	26.86M	26.67M	25.01M	25.41M	23.69M	24.68M	25.20M	25.25M	21.52M	23.60M	38.09M	35.65M	31.38M	27.21M	26.28M	27.44M	34.07M	36.98M
EBIT Margin	79.06%	53.19%	52.84%	47.86%	59.34%	58.02%	55.73%	55.54%	52.94%	57.20%	57.66%	62.08%	66.57%	69.25%	60.43%	61.84%	121.95%	120.17%	101.26%	84.87%	83.68%	92.26%	123.12%	805.56%
Financial Year End	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31