First Foundation Inc.

FFWM

FFWMFirst Foundation Inc. US flag

New York Stock Exchange

5.90

USD

+0.14

- -

489.27MMarket Cap

Income Statement (USD)

API Chat

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Sales/Revenue/Turnover	44	55	68	87	122	145	176	194	244	295	329	175	53	191
+ Sales & Services Revenue	44	55	68	87	122	145	176	194	244	295	329	175	53	191
- Cost of Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cost of Goods & Services	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Profit	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Selling, General & Admin	23	29	34	40	49	57	68	70	74	88	110	84	84	97
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	-23	-29	-34	-40	-49	-57	-68	-70	-74	-88	-110	-84	-84	-97
Operating Income (Loss)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Non-Operating (Income) Loss	-8	-9	-15	-23	-38	-51	-60	-79	-119	-152	-150	200	137	72
+ Interest Expense, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	-8	-9	-15	-23	-38	-51	-60	-79	-119	-152	-150	200	137	72
Pretax Income	8	9	15	23	38	51	60	79	119	152	150	-200	-137	-72
- Income Tax Expense (Benefit)	2	2	6	9	15	23	17	23	34	42	39	-1	-45	84
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	6	8	8	13	23	28	43	56	84	110	111	-199	-92	-155
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	6	8	8	13	23	28	43	56	84	110	111	-199	-92	-155
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	6	8	8	13	23	28	43	56	84	110	111	-199	-92	-155
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	6	8	8	13	23	28	43	56	84	110	111	-199	-92	-155
EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA	1	1	1	2	2	3	6	7	7	7	9	8	8	8
EBITDA Margin (%)	1.33	1.87	1.82	1.76	1.86	2.29	3.33	3.41	2.72	2.32	2.65	4.69	14.99	4.01
EBITA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	100	100	100	100	100	100	100	100	100	100	100	100	100	100
Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Profit Margin (%)	13.08	14.15	12.42	15.38	19.05	18.98	24.37	29.01	34.6	37.13	33.62	-113.85	-173.74	-81.38
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	0.2	0.28	0.36	0.44	0.16	0.02	- -
Depreciation Expense	1	1	1	2	2	3	6	7	7	7	9	8	8	8
Basic Weighted Avg Shares	20	20	15	22	32	34	42	45	45	45	56	56	66	83
Basic EPS, GAAP	0.29	0.39	0.54	0.6	0.72	0.8	1.02	1.26	1.89	2.45	1.96	-3.53	-1.41	-1.88
Basic EPS from Cont Ops	0.29	0.39	0.54	0.6	0.72	0.8	1.02	1.26	1.89	2.45	1.96	-3.53	-1.41	-1.88
Diluted Weighted Avg Shares	20	20	16	23	33	35	43	45	45	45	56	56	66	83
Diluted EPS, GAAP	0.29	0.39	0.51	0.58	0.7	0.78	1.01	1.25	1.88	2.44	1.96	-3.53	-1.41	-1.88
Diluted EPS from Cont Ops	0.29	0.39	0.51	0.58	0.7	0.78	1.01	1.25	1.88	2.44	1.96	-3.53	-1.41	-1.88

Balance Sheet (USD)

API Chat

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Total Current Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash, Cash Equivalents & STI	69	116	168	781	1,108	640	877	1,080	1,437	2,313	883	2,030	2,330	4,055
+ Cash & Cash Equivalents	63	57	30	216	598	120	67	65	630	1,122	656	1,327	1,016	1,625
+ ST Investments	6	59	138	565	510	519	810	1,015	807	1,191	226	703	1,314	2,430
+ Accounts & Notes Receiv	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	51	54	55	46
+ Accounts Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	51	54	55	46
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	-69	-116	-168	-781	-1,108	-640	-877	-1,080	-1,437	-2,313	-934	-2,084	-2,385	-4,101
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Property, Plant & Equip, Net	2	3	2	3	7	7	9	8	8	38	36	40	36	35
+ Property, Plant & Equip	4	6	6	8	13	15	18	20	23	55	55	59	58	59
- Accumulated Depreciation	2	3	4	5	7	9	9	12	15	17	19	19	23	25
+ LT Investments & Receivables	6	59	138	565	510	519	810	1,015	807	1,191	1,089	1,493	2,026	3,065
+ LT Investments	6	59	138	565	510	519	810	1,015	807	1,191	1,089	1,493	2,026	3,065
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	-8	-62	-140	-568	-516	-526	-819	-1,023	-815	-1,229	-1,125	-1,533	-2,062	-3,099
+ Total Intangible Assets	- -	- -	- -	2	2	34	99	97	95	222	222	5	4	2
+ Goodwill	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	215	- -	- -	- -
+ Other Intangible Assets	- -	- -	- -	2	2	34	99	97	95	222	7	5	4	2
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	-8	-62	-141	-570	-518	-560	-918	-1,121	-911	-1,451	-1,347	-1,538	-2,065	-3,102
Total Assets	831	1,037	1,355	2,593	3,975	4,541	5,840	6,314	6,957	10,196	13,014	13,327	12,645	11,904
+ Payables & Accruals	- -	- -	- -	- -	14	25	40	66	79	110	147	- -	- -	- -
+ Accounts Payable	- -	- -	- -	- -	14	25	40	66	79	110	147	- -	- -	- -
+ Accrued Taxes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Borrowings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Liabilities	- -	- -	- -	- -	-14	-25	-40	-66	-79	-110	-147	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	- -	- -	- -	- -	-14	-25	-40	-66	-79	-110	-147	- -	- -	- -
Total Current Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Debt	100	141	283	796	1,250	678	708	743	269	210	1,370	1,582	1,599	1,604
+ LT Borrowings	100	141	283	796	1,250	678	708	743	269	210	1,370	1,582	1,599	1,604
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Liabilities	-100	-141	-283	-796	-1,250	-678	-708	-743	-269	-210	-1,370	-1,582	-1,599	-1,604
+ Accrued Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	-100	-141	-283	-796	-1,250	-678	-708	-743	-269	-210	-1,370	-1,582	-1,599	-1,604
Total Noncurrent Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Liabilities	757	951	1,256	2,333	3,691	4,146	5,281	5,701	6,261	9,132	11,880	12,402	11,592	10,991
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	88	87
+ Share Capital & APIC	69	76	78	227	232	315	432	434	434	721	720	721	850	855
+ Common Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Additional Paid in Capital	69	76	78	227	232	315	432	434	434	721	720	721	850	855
- Treasury Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Retained Earnings	4	12	20	34	57	86	128	176	248	341	427	219	125	-30
+ Other Equity	- -	-2	1	-1	-5	-5	-1	4	14	2	-12	-14	-9	1
Equity Before Minority Interest	74	87	99	260	284	395	559	614	696	1,064	1,134	925	1,053	913
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	74	87	99	260	284	395	559	614	696	1,064	1,134	925	1,053	913
Total Liabilities & Equity	831	1,037	1,355	2,593	3,975	4,541	5,840	6,314	6,957	10,196	13,014	13,327	12,645	11,904
Shares Outstanding	30	16	16	32	33	38	44	45	45	56	56	56	82	83
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt	37	84	253	580	652	558	641	678	-361	-912	713	256	583	-21
Net Debt to Equity	50.14	96.98	254.49	223.4	229.38	141.18	114.58	110.38	-51.85	-85.68	62.89	27.65	55.32	-2.28
Tangible Common Equity Ratio	8.86	8.36	7.33	9.93	7.1	8.02	8.01	8.31	8.75	8.44	7.13	6.91	7.61	6.92
Current Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Cash Flow Statement (USD)

API Chat

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
+ Net Income	6	8	8	13	23	28	43	56	84	110	111	-199	-92	-155
+ Depreciation & Amortization	1	1	1	2	2	3	6	7	7	7	9	8	8	8
+ Non-Cash Items	1	-1	-2	-2	-3	1	1	-7	3	-4	5	206	73	142
+ Stock-Based Compensation	1	1	- -	1	1	2	3	2	2	3	3	2	2	5
+ Deferred Income Taxes	-2	-1	1	-2	1	5	1	- -	-2	-2	- -	-4	-50	74
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	215	- -	- -
+ Other Non-Cash Adj	2	-1	-3	-1	-6	-5	-3	-9	2	-5	1	-8	121	63
+ Chg in Non-Cash Work Cap	1	- -	2	1	-2	6	1	5	-26	-16	-23	-7	3	-27
+ (Inc) Dec in Accts Receiv	- -	- -	- -	- -	- -	- -	- -	- -	- -	-39	-39	11	20	9
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	2	1	3	5	- -	7	4	6	13	23	16	-18	-17	-36
+ Inc (Dec) in Other	-1	- -	-1	-4	-2	-2	-3	-1	-39	- -	- -	- -	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	8	8	9	14	20	38	51	60	67	97	101	8	-9	-32
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3	- -	2	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3	- -	2	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-1	-2	- -	-2	-6	-2	-3	-2	-3	-3	-5	-8	-3	-3
+ Acq of Fixed Prod Assets	-1	-2	- -	-2	-6	-2	-3	-2	-3	-3	-5	-8	-3	-3
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	6	6	1	136	4	28	13	- -	-2	-2	-5	-1	35	- -
+ Increase in Capital Stock	6	6	1	136	4	28	14	- -	1	- -	- -	- -	35	- -
+ Decrease in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	-3	-2	-5	-1	- -	- -
+ Net Change in LT Investment	13	-56	-75	-424	50	106	-274	-198	214	-183	80	-401	-515	-1,012
+ Dec in LT Investment	32	7	8	23	195	136	91	379	270	272	253	267	1,357	1,020
+ Inc in LT Investment	-19	-63	-84	-447	-146	-29	-366	-578	-57	-455	-173	-667	-1,872	-2,032
+ Net Cash From Acq & Div	35	- -	- -	38	- -	91	48	- -	- -	1,145	- -	- -	- -	- -
+ Cash from Divestitures	35	- -	- -	38	- -	91	48	- -	- -	1,145	- -	- -	- -	- -
+ Cash for Acq of Subs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	-133	-156	-265	-529	-1,044	-764	-450	-226	-236	-1,038	-3,326	542	803	2,237
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-86	-214	-340	-916	-1,000	-569	-680	-427	-25	-79	-3,247	133	287	1,222
+ Dividends Paid	- -	- -	- -	- -	- -	- -	- -	-9	-13	-16	-25	-9	-1	- -
+ Net Cash From Debt	- -	7	13	513	454	-580	-5	30	-478	- -	1,152	320	55	12
+ Cash From Debt	- -	8	15	543	454	50	- -	30	- -	- -	86,243	92,744	2,793	1,613
+ Repayments of Debt	- -	- -	-2	-30	- -	-630	-5	- -	-478	- -	-85,091	-92,424	-2,738	-1,600
+ Other Financing Activities	125	186	290	439	905	605	567	343	1,014	492	1,558	219	-678	-593
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	131	200	304	1,089	1,363	54	575	365	522	474	2,680	529	-589	-581
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	53	-6	-27	186	382	-478	-53	-2	564	492	-465	670	-310	609
EBITDA	1	1	1	2	2	3	6	7	7	7	9	8	8	8
EBITDA Margin (%)	1.33	1.87	1.82	1.76	1.86	2.29	3.33	3.41	2.72	2.32	2.65	4.69	14.99	4.01
Free Cash Flow	7	6	9	12	14	36	48	58	65	94	97	- -	-11	-35
Net Cash Paid for Acquisitions	-35	- -	- -	-38	- -	-91	-48	- -	- -	-1,145	- -	- -	- -	- -
Free Cash Flow to Firm	7	6	9	12	14	36	48	58	65	94	97	- -	- -	- -
Free Cash Flow to Equity	- -	13	22	525	468	-544	44	88	-413	94	1,252	320	133	-23
Free Cash Flow per Basic Share	0.35	0.3	0.59	0.54	0.43	1.03	1.15	1.3	1.45	2.1	1.72	- -	-0.17	-0.43
Price/Free Cash Flow	- -	- -	15.55	17.49	18.56	16.33	10.2	12.47	12.77	11.15	7.63	33.72	-67.94	-17.78
Cash Flow to Net Income	1.45	1.01	1.11	1.04	0.85	1.37	1.19	1.07	0.8	0.89	0.92	-0.04	0.09	0.21
Capital Expenditures	-1	-2	- -	-2	-6	-2	-3	-2	-3	-3	-5	-8	-3	-3