First Bank

FRBA

FRBAFirst Bank US flag

NASDAQ Global Market

15.34

USD

-0.46

- -

385.56MMarket Cap

Income Statement (USD)

API Chat

	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	25	31	42	58	62	76	90	97	104	130	147
+ Sales & Services Revenue	25	31	42	58	62	76	90	97	104	130	147
- Cost of Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cost of Goods & Services	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Profit	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Selling, General & Admin	11	12	15	21	24	27	27	30	37	44	49
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	-11	-12	-15	-21	-24	-27	-27	-30	-37	-44	-49
Operating Income (Loss)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Non-Operating (Income) Loss	-5	-10	-14	-22	-19	-26	-47	-48	-27	-55	-57
+ Interest Expense, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	-5	-10	-14	-22	-19	-26	-47	-48	-27	-55	-57
Pretax Income	5	10	14	22	19	26	47	48	27	55	57
- Income Tax Expense (Benefit)	1	3	7	4	6	7	11	12	6	13	14
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	4	6	7	18	13	19	35	36	21	42	44
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	4	6	7	18	13	19	35	36	21	42	44
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	4	6	7	18	13	19	35	36	21	42	44
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	4	6	7	18	13	19	35	36	21	42	44
EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA	1	1	1	1	2	2	2	2	3	4	4
EBITDA Margin (%)	2.39	2.06	1.71	2.4	2.71	2.51	1.76	1.6	2.74	3.33	2.86
EBITA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	100	100	100	100	100	100	100	100	100	100	100
Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Profit Margin (%)	15.26	20.98	16.74	30.12	21.56	25.62	39.52	37.22	20.13	32.53	29.66
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	0.08	0.12	0.12	0.12	0.15	0.24	0.24	0.24	0.24
Depreciation Expense	1	1	1	1	2	2	2	2	3	4	4
Basic Weighted Avg Shares	9	10	14	18	19	20	20	20	22	25	25
Basic EPS, GAAP	0.41	0.61	0.49	0.97	0.7	0.98	1.81	1.86	0.95	1.68	1.75
Basic EPS from Cont Ops	0.41	0.61	0.49	0.97	0.7	0.98	1.81	1.86	0.95	1.68	1.75
Diluted Weighted Avg Shares	9	11	15	19	19	20	20	20	22	25	25
Diluted EPS, GAAP	0.41	0.61	0.48	0.95	0.69	0.97	1.79	1.84	0.95	1.67	1.74
Diluted EPS from Cont Ops	0.41	0.61	0.48	0.95	0.69	0.97	1.79	1.84	0.95	1.67	1.74

Balance Sheet (USD)

API Chat

	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	83	80	110	88	95	162	250	213	309	336	400
+ Cash & Cash Equivalents	37	33	47	36	48	100	156	114	215	258	302
+ ST Investments	45	47	62	51	47	62	95	99	94	77	97
+ Accounts & Notes Receiv	2	3	4	4	5	7	6	8	15	14	14
+ Accounts Receivable, Net	2	3	4	4	5	7	6	8	15	14	14
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	-85	-82	-114	-92	-100	-168	-256	-221	-324	-350	-414
+ 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	3	3	6	11	12	11	10	11	22	21	18
+ Property, Plant & Equip	8	8	11	17	19	20	19	21	34	36	31
- Accumulated Depreciation	4	5	5	6	8	9	9	10	12	14	13
+ LT Investments & Receivables	104	106	121	107	100	106	142	155	150	138	163
+ LT Investments	104	106	121	107	100	106	142	155	150	138	163
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	-107	-109	-127	-118	-112	-117	-152	-165	-172	-159	-181
+ Total Intangible Assets	- -	- -	11	18	18	18	20	19	55	53	51
+ Goodwill	- -	- -	10	16	16	16	18	18	44	44	44
+ Other Intangible Assets	- -	- -	1	1	2	2	2	2	11	9	7
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	-107	-109	-139	-136	-131	-135	-172	-184	-227	-212	-233
Total Assets	856	1,073	1,452	1,711	2,012	2,346	2,524	2,733	3,609	3,780	3,958
+ Payables & Accruals	1	1	1	1	1	1	- -	1	3	4	5
+ Accounts Payable	1	1	1	1	1	1	- -	1	3	4	5
+ Accrued Taxes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Borrowings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Liabilities	-1	-1	-1	-1	-1	-1	- -	-1	-3	-4	-5
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	-1	-1	-1	-1	-1	-1	- -	-1	-3	-4	-5
Total Current Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Debt	46	86	117	115	127	191	125	121	234	277	271
+ LT Borrowings	46	86	117	115	127	191	125	121	234	277	271
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Liabilities	-46	-86	-117	-115	-127	-191	-125	-121	-234	-277	-271
+ Accrued Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	-46	-86	-117	-115	-127	-191	-125	-121	-234	-277	-271
Total Noncurrent Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Liabilities	787	984	1,289	1,516	1,785	2,108	2,257	2,443	3,238	3,371	3,515
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	62	76	144	161	180	182	183	185	257	260	263
+ Common Stock	47	57	87	93	102	103	104	105	135	135	137
+ Additional Paid in Capital	15	19	57	67	78	79	80	81	123	125	126
- Treasury Stock	- -	- -	- -	- -	- -	8	12	16	21	23	31
+ Retained Earnings	7	14	20	35	46	63	96	128	141	177	214
+ Other Equity	- -	- -	- -	-1	- -	1	- -	-7	-6	-5	-3
Equity Before Minority Interest	69	89	163	195	226	238	267	290	371	409	444
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	69	89	163	195	226	238	267	290	371	409	444
Total Liabilities & Equity	856	1,073	1,452	1,711	2,012	2,346	2,524	2,733	3,609	3,780	3,958
Shares Outstanding	- -	11	17	19	20	20	19	19	25	25	25
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt	8	53	69	79	80	91	-31	7	19	18	-31
Net Debt to Equity	11.75	60.16	42.34	40.47	35.14	38.13	-11.58	2.43	5.18	4.52	-7.02
Tangible Common Equity Ratio	8	8.26	10.54	10.47	10.44	9.45	9.85	9.96	8.89	9.56	10.04
Current Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Cash Flow Statement (USD)

API Chat

	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
+ Net Income	4	6	7	18	13	19	35	36	21	42	44
+ Depreciation & Amortization	1	1	1	1	2	2	2	2	3	4	4
+ Non-Cash Items	2	2	7	18	3	5	-13	-2	127	-7	3
+ Stock-Based Compensation	- -	- -	- -	1	1	1	1	1	2	2	2
+ Deferred Income Taxes	- -	- -	- -	- -	2	-1	1	- -	- -	5	2
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1
+ Other Non-Cash Adj	1	1	6	17	- -	5	-14	-3	125	-15	-2
+ Chg in Non-Cash Work Cap	-2	- -	2	- -	-2	-2	4	1	-7	-12	15
+ (Inc) Dec in Accts Receiv	- -	-1	-1	- -	- -	-2	1	-2	-3	- -	- -
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	- -	- -	- -	- -	- -	-1	- -	1	-1	1	1
+ Inc (Dec) in Other	-1	1	2	- -	-2	1	3	3	-4	-13	14
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	5	9	17	37	16	25	28	37	144	28	66
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	1	- -	- -	1	4
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	1	- -	- -	1	4
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-1	- -	- -	-2	-1	- -	- -	-2	-3	-3	-3
+ Acq of Fixed Prod Assets	-1	- -	- -	-2	-1	- -	- -	-2	-3	-3	-3
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	13	37	1	- -	-8	-4	-4	-6	-1	-8
+ Increase in Capital Stock	- -	13	37	1	- -	- -	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	- -	- -	- -	- -	- -	-8	-4	-4	-6	-1	-8
+ Net Change in LT Investment	-26	-5	-15	33	13	-5	-39	-33	69	-7	-37
+ Dec in LT Investment	19	29	11	38	24	37	37	20	132	47	29
+ Inc in LT Investment	-44	-34	-26	-5	-11	-42	-76	-54	-63	-53	-66
+ Net Cash From Acq & Div	- -	- -	12	8	31	- -	86	- -	-16	- -	- -
+ Cash from Divestitures	- -	- -	12	8	31	- -	86	- -	- -	- -	- -
+ Cash for Acq of Subs	- -	- -	- -	- -	- -	- -	- -	- -	-16	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	-140	-217	-164	-180	-119	-322	-41	-198	-29	-99	-119
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-166	-222	-168	-141	-76	-327	7	-233	20	-107	-155
+ Dividends Paid	- -	- -	-1	-2	-2	-2	-3	-5	-5	-6	-6
+ Net Cash From Debt	31	41	10	-1	12	63	-79	-4	-53	43	-6
+ Cash From Debt	31	79	81	137	107	198	- -	132	520	390	429
+ Repayments of Debt	- -	-38	-70	-139	-95	-135	-79	-137	-573	-347	-435
+ Other Financing Activities	143	156	118	119	77	264	110	180	1	88	147
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	174	210	164	116	87	316	24	168	-62	124	127
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	13	-3	13	12	26	14	59	-29	102	44	37
EBITDA	1	1	1	1	2	2	2	2	3	4	4
EBITDA Margin (%)	2.39	2.06	1.71	2.4	2.71	2.51	1.76	1.6	2.74	3.33	2.86
Free Cash Flow	5	9	16	35	15	24	28	35	141	25	63
Net Cash Paid for Acquisitions	- -	- -	-12	-8	-31	- -	-86	- -	16	- -	- -
Free Cash Flow to Firm	5	9	16	35	15	24	28	35	141	25	63
Free Cash Flow to Equity	- -	49	26	34	27	87	-51	31	88	69	61
Free Cash Flow per Basic Share	0.49	0.83	1.13	1.93	0.79	1.21	1.42	1.79	6.41	0.98	2.51
Price/Free Cash Flow	11.05	12.76	11.91	5.81	12.55	7.55	10.19	6.99	2.21	11.65	6.03
Cash Flow to Net Income	1.32	1.43	2.36	2.1	1.19	1.26	0.79	1.02	6.88	0.65	1.5
Capital Expenditures	-1	- -	- -	-2	-1	- -	- -	-2	-3	-3	-3