Revenue and profitability metrics
- Revenue: $22.288 million, YoY +60.08%, QoQ +0.66%
- Gross Profit: $12.914 million, YoY -4.73%, QoQ -37.60%
- Operating Income: $2.72 million, YoY -71.05%, QoQ -5.72%
- Net Income: $2.304 million, YoY -27.93%, QoQ +7.71%
- EPS: $0.26, YoY -27.78%, QoQ +8.33%
- EBITDA: $3.133 million, EBITDA margin ~14.06%
- Operating Margin: 12.20%
- Net Profit Margin: 10.34%
Balance sheet and liquidity
- Total assets: $2.1918 billion
- Total liabilities: $2.0263 billion
- Total stockholders’ equity: $165.54 million
- Cash and cash equivalents: $119.06 million; Short-term investments: $723.21 million; Long-term investments: $1.2733 billion; Total cash and short-term investments: $842.27 million
- Net debt: $24.26 million; Total debt: $143.32 million
- Liquidity indicators: Current ratio 0.319; Quick ratio 3.68; Cash ratio 0.289
- Return metrics: ROA 0.11%; ROE 1.39%; Asset turnover 0.0102; Net debt to equity low; Company equity multiplier ~13.24
Cash flow and capital allocation
- Net cash provided by operating activities: $1.368 million; Free cash flow: $1.304 million
- Net cash provided by financing activities: $36.603 million; Net cash used in investing activities: $18.33 million (negative)
- Net change in cash: $56.301 million; Cash at end of period: $111.402 million; Cash at beginning of period: $55.101 million
- Dividends paid: $2.428 million; Dividend yield: 1.38%
Valuation & efficiency indicators
- Price-to-book (approximate): 1.07x; Price-to-earnings: ~19x; Dividend yield: ~1.38%
- Net income margin and ROE indicate modest profitability in a low-rate and potentially rate-volatile environment common to regional banks
Notes on comparables and context
- Peer group data in the provided set includes NKSH, BAFN, AFBI, COFS, AUBN, BMRC, AR0W, CFFI with P/B ranges typically between ~0.5x and ~1.5x and ROEs spanning roughly 0.7%-6% in the period; ATLO’s ROE and P/B place it near peers but with a lower absolute profitability level, highlighting execution of growth against a cautious profitability backdrop.