First Capital Inc (FCAP) Q2 2024 Earnings Report

Financial highlights (Q2 2024, USD):
- Revenue: $14.247 million; YoY growth 40.02%; QoQ growth 3.72%
- Gross profit: $14.241 million; Gross margin 0.9996; YoY 39.96%; QoQ 3.68%
- Operating income: $3.320 million; Operating margin 23.30%; YoY 5.23%; QoQ -4.10%
- Net income: $2.829 million; Net margin 19.85%; YoY 3.74%; QoQ -4.20%
- EPS: $0.85; Diluted EPS: $0.85; Shares (weighted avg): 3.345 million; YoY EPS growth 3.66%; QoQ -3.41%
- Cash flow (operating): $3.482 million; Free cash flow: $3.330 million; Net change in cash: $8.479 million; Cash at period end: $50.571 million
- Balance sheet (selected): Total assets $1.164 billion; Total liabilities $1.0557 billion; Total stockholders’ equity $107.757 million; Cash and short-term investments $441.873 million; Long-term investments $639.198 million; Debt-to-equity ≈ 0.31; Return on equity (ROE) ≈ 2.62%
- Valuation signals: Price-to-book ~0.95x; Price-to-earnings ~9.02x; Dividend yield ~0.90%

Notes: Four-quarter data shows consistent top-line expansion with revenue of $21.29 million in the trailing four-quarter window ending 2024-06-30, up from $19.62 million a year earlier. Management commentary from the earnings release section is not accompanied by a formal transcript in the provided data.