WTBA | West Bancorporation, 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
Revenue	78.40M	101.41M	104.79M	92.44M	74.75M	69.81M	68.70M	65.10M	62.36M	58.37M	54.19M	52.19M	52.22M	52.51M	51.11M	57.55M	54.26M	54.94M	49.89M	46.35M	41.63M	37.60M	35.98M	6.87M
Cost of Revenue	-91.97M	N/A	N/A	N/A	N/A	400.00K	542.00K	853.00K	1.11M	895.00K	496.00K	505.00K	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	170.37M	101.41M	104.79M	92.44M	74.75M	69.41M	68.16M	64.25M	61.26M	57.48M	53.69M	51.69M	52.22M	52.51M	51.11M	57.55M	54.26M	54.94M	49.89M	46.35M	41.63M	37.60M	35.98M	6.87M
Operating Expenses	41.04M	874.00K	-41.88M	-51.05M	23.56M	24.23M	1.07M	774.00K	748.00K	944.00K	1.20M	1.06M	-36.95M	-57.56M	-46.45M	-16.85M	16.96M	14.27M	4.68M	-4.22M	-4.40M	1.52M	13.41M	41.19M
Selling, General & Admin	41.04M	31.89M	27.51M	25.31M	24.93M	22.16M	20.99M	20.18M	19.23M	19.08M	18.52M	17.27M	16.41M	15.89M	14.44M	13.36M	13.56M	13.94M	10.31M	9.68M	7.70M	6.44M	6.04M	N/A
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	N/A	-14.30M	-69.39M	-76.36M	-1.37M	-1.19M	-435.00K	-418.00K	-228.00K	-188.00K	N/A	203.00K	-53.36M	-73.45M	-60.88M	-30.22M	3.40M	329.00K	-5.63M	-13.90M	-12.11M	-4.93M	7.37M	41.19M
Operating Income	37.35M	91.01M	62.91M	41.38M	35.74M	57.80M	49.41M	40.83M	37.43M	32.84M	31.27M	32.24M	15.27M	-5.05M	4.66M	40.69M	71.22M	69.20M	54.57M	42.14M	37.22M	39.12M	49.39M	48.05M
Other Expenses / Income	-7.57M	N/A	-9.04M	-8.46M	307.00K	-333.00K	N/A	-4.80M	-6.00K	1.07M	-6.47M	-1.32M	-377.00K	5.33M	-17.07M	-4.74M	-35.00K	112.00K	-15.74M	-18.17M	-11.14M	-13.65M	-24.95M	56.77M
Before Tax Income	29.79M	59.40M	62.91M	41.38M	35.74M	35.07M	36.44M	32.95M	31.44M	26.69M	24.21M	22.77M	21.34M	18.71M	-12.41M	9.26M	27.40M	28.54M	29.47M	28.18M	26.08M	25.47M	24.43M	22.45M
Income Tax Expenses	5.65M	13.00M	13.30M	8.67M	7.05M	6.56M	13.37M	9.94M	9.70M	6.65M	7.32M	6.76M	6.07M	5.33M	-7.36M	1.62M	8.48M	9.13M	9.40M	9.57M	8.80M	9.10M	8.70M	8.04M
Net Income	24.14M	46.40M	49.61M	32.71M	28.69M	28.51M	23.07M	23.02M	21.74M	20.04M	16.89M	16.01M	15.27M	13.38M	-14.62M	7.64M	18.92M	19.41M	20.07M	18.61M	17.28M	16.38M	15.74M	14.42M
Interest Expenses	91.27M	31.61M	12.22M	17.40M	32.24M	22.73M	12.98M	7.88M	5.99M	6.16M	7.06M	9.46M	11.92M	19.02M	26.64M	31.43M	43.82M	40.67M	25.10M	13.95M	11.14M	13.65M	24.95M	33.64M
Basic Shares Outstanding	16.76M	16.62M	16.53M	16.45M	16.36M	16.27M	16.19M	16.12M	16.05M	16.00M	16.56M	17.40M	17.40M	17.40M	17.40M	17.41M	17.52M	17.48M	18.49M	17.61M	17.64M	17.70M	19.54M	18.70M
Diluted Shares Outstanding	16.75M	16.80M	16.79M	16.52M	16.48M	16.40M	16.34M	16.21M	16.10M	16.04M	16.56M	17.44M	17.40M	17.40M	17.40M	17.41M	17.52M	17.48M	18.49M	17.61M	17.64M	17.70M	19.54M	18.70M
EBITDA	31.64M	60.90M	64.41M	42.88M	36.86M	36.48M	37.78M	34.00M	32.37M	27.54M	16.89M	-1.32M	25.37M	1.71M	N/A	N/A	N/A	N/A	29.47M	28.18M	N/A	N/A	N/A	N/A
EBITDA Margin	40.36%	60.05%	61.47%	46.39%	49.32%	52.25%	55.00%	52.23%	51.90%	47.18%	31.17%	-2.53%	48.59%	3.26%	0.00%	0.00%	0.00%	0.00%	59.07%	60.80%	0.00%	0.00%	0.00%	0.00%
EBIT	121.06M	91.01M	75.13M	58.78M	67.99M	57.80M	49.41M	40.83M	37.43M	32.84M	31.27M	32.24M	33.26M	37.74M	4.66M	40.69M	71.22M	69.20M	54.57M	42.14M	37.22M	39.12M	49.39M	56.09M
EBIT Margin	154.42%	89.74%	71.70%	63.59%	90.95%	82.80%	71.92%	62.72%	60.02%	56.27%	57.71%	61.77%	63.69%	71.87%	9.12%	70.71%	131.26%	125.97%	109.38%	90.90%	89.42%	104.04%	137.27%	816.70%
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