1 Comment

FCNE reported Q2 numbers.

Revenue is higher than 2019. EPS fully taxes of $0.07 per share vs. $0.05 per share in 2019. Declared $0.07 dividend.

$1.8M in cash $1.1M in receivables and $320K in Federal income tax deposits. Steady as she goes.

Q2 21 Q2 20 Q2 19

Revenue

Bingo $ 4,786.00 $ 2,342.00 $ 4,675.00

Other $ - $ - $ 8.00

Total $ 4,786.00 $ 2,342.00 $ 4,683.00

YOY 104% -50%

COGS

Bingo $ 2,565.00 $ 1,285.00 $ 2,485.00

Other $ - $ - $ 2.00

Total COGS $ 2,565.00 $ 1,285.00 $ 2,485.00

GP $ 2,221.00 $ 1,057.00 $ 2,198.00

GP % 46.4% 45.1% 46.9%

Other operating

Bingo $ 1,172.00 $ 1,054.00 $ 1,382.00

Game distribution $ - $ - $ 5.00

Corporate Overhead $ 23.00 $ 23.00 $ 27.00

Total Expenses $ 1,195.00 $ 1,077.00 $ 1,414.00

Op Inc $ 1,026.00 $ (20.00) $ 784.00

Other Inc $ - $ 1.00 $ -

EBIT $ 1,026.00 $ (19.00) $ 784.00

Taxes $ 223.00 $ 3.70 $ 170.00

Tax Rate 21.7% -19.5% 21.7%

Net Income $ 803.00 $ (22.70) $ 614.00

EPS $ 0.07 $ (0.00) $ 0.05

S/O 11054 11009 11269

YTD

CFO $ 779.00 $ 965.00 $ 1,214.00

PP&E $ (80.00) $ (62.00) $ (92.00)

Dividend $ (554.00) $ (1,108.00) $ (1,218.00)

Cash Start $ 2,248.00 $ 1,248.00 $ 1,063.00

Change $ (205.00) $ (74.00)

Cash End $ 1,838.00 $ 1,043.00 $ 989.00

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