FMAO | Farmers & Merchants Bancorp, Inc. 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	1999-12-31	1998-12-31
Revenue	155.10M	100.37M	84.83M	74.87M	63.57M	49.34M	46.83M	44.79M	40.80M	39.76M	37.52M	37.98M	35.34M	37.91M	35.72M	32.20M	30.09M	30.17M	31.00M	31.55M	34.81M	18.79M	9.37M	9.45M	7.36M	7.22M
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	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
Gross Profit	155.10M	100.37M	84.83M	74.87M	63.57M	49.34M	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
Operating Expenses	21.82M	-41.66M	-55.33M	-49.66M	-40.94M	23.41M	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
Selling, General & Admin	49.66M	41.73M	38.19M	32.15M	30.02M	23.41M	24.10M	22.87M	21.92M	21.28M	20.08M	19.02M	17.95M	17.98M	17.31M	16.30M	10.89M	10.76M	10.69M	10.22M	9.25M	17.80M	16.99M	16.23M	15.35M	14.49M
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	N/A	N/A
Other Operating Expenses	-21.82M	-83.39M	-93.52M	-81.81M	-70.95M	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
Operating Income	45.74M	58.71M	29.50M	25.21M	22.63M	24.75M	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 Expenses / Income	28.35M	-18.23M	29.50M	25.21M	22.76M	18.18M	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
Before Tax Income	28.35M	40.48M	29.50M	25.21M	22.63M	18.18M	17.90M	16.32M	14.16M	13.52M	12.60M	13.69M	11.41M	9.36M	9.08M	9.17M	10.56M	11.24M	11.78M	11.80M	10.09M	20.47M	20.14M	17.67M	14.13M	12.09M
Income Tax Expenses	5.57M	7.96M	6.00M	5.11M	4.23M	3.23M	5.18M	4.66M	3.82M	3.87M	3.60M	3.90M	2.89M	2.38M	2.48M	2.45M	2.83M	3.11M	3.20M	3.57M	2.46M	7.05M	7.82M	6.65M	4.91M	4.03M
Net Income	22.79M	32.52M	23.50M	20.09M	18.40M	14.95M	12.72M	11.66M	10.34M	9.65M	9.01M	9.79M	8.51M	6.98M	6.61M	6.72M	7.73M	8.14M	8.58M	8.23M	7.63M	13.42M	12.32M	11.02M	9.22M	8.06M
Interest Expenses	10.01M	14.36M	7.34M	10.39M	14.76M	6.57M	5.13M	4.22M	3.59M	3.72M	4.60M	6.25M	8.16M	10.86M	13.22M	18.10M	21.72M	18.54M	13.54M	11.22M	14.28M	13.60M	23.28M	24.76M	18.86M	17.43M
Basic Shares Outstanding	13.49M	13.09M	11.57M	11.06M	11.03M	9.18M	9.22M	9.22M	9.23M	9.26M	9.28M	9.37M	9.38M	9.44M	9.48M	9.69M	10.40M	10.38M	10.39M	6.35M	6.11M	5.90M	5.77M	5.52M	5.30M	5.32M
Diluted Shares Outstanding	13.49M	13.09M	11.57M	11.06M	11.03M	9.18M	9.22M	9.22M	9.23M	9.26M	9.28M	9.37M	9.38M	9.44M	9.48M	9.69M	10.40M	10.38M	10.39M	6.35M	6.11M	5.90M	5.77M	5.52M	5.30M	5.32M
EBITDA	45.74M	58.85M	31.08M	26.24M	23.12M	27.00M	25.24M	22.75M	19.81M	19.35M	19.14M	22.18M	21.51M	22.29M	24.56M	28.93M	33.60M	31.15M	26.78M	24.50M	26.31M	35.65M	45.01M	44.19M	34.76M	31.16M
EBITDA Margin	29.49%	58.64%	36.64%	35.05%	36.37%	54.72%	53.90%	50.79%	48.54%	48.66%	51.00%	58.38%	60.85%	58.81%	68.77%	89.84%	111.67%	103.25%	86.37%	77.64%	75.58%	189.72%	480.16%	467.69%	472.44%	431.57%
EBIT	38.37M	54.84M	36.84M	35.60M	37.39M	24.75M	23.03M	20.54M	17.75M	17.23M	17.21M	19.94M	19.56M	20.23M	22.30M	27.27M	32.28M	29.78M	25.32M	23.02M	24.37M	34.07M	43.42M	42.43M	32.99M	29.52M
EBIT Margin	24.74%	54.64%	43.43%	47.55%	58.82%	50.16%	49.18%	45.86%	43.49%	43.34%	45.86%	52.50%	55.35%	53.36%	62.44%	84.69%	107.30%	98.71%	81.66%	72.97%	70.00%	181.30%	463.17%	449.06%	448.38%	408.89%
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	1999-12-31	1998-12-31