HMN Financial, Inc.

HMNF

HMNFHMN Financial, Inc. US flag

NASDAQ Global Market

27.99

USD

-0.61

- -

124.97MMarket Cap

Income Statement (USD)

API Chat

	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
Sales/Revenue/Turnover	42	37	33	32	28	28	27	34	34	36	37	44	44	41	39
+ Sales & Services Revenue	42	37	33	32	28	28	27	34	34	36	37	44	44	41	39
- Cost of Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cost of Goods & Services	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Profit	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Selling, General & Admin	17	15	15	14	14	13	14	15	15	15	16	16	16	17	18
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	-17	-15	-15	-14	-14	-13	-14	-15	-15	-15	-16	-16	-16	-17	-18
Operating Income (Loss)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Non-Operating (Income) Loss	16	23	12	-5	-12	-12	-5	-10	-9	-11	-11	-14	-19	-11	-9
+ Interest Expense, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	16	23	12	-5	-12	-12	-5	-10	-9	-11	-11	-14	-19	-11	-9
Pretax Income	-16	-23	-12	5	12	12	5	10	9	11	11	14	19	11	9
- Income Tax Expense (Benefit)	-6	6	- -	- -	-14	5	2	4	4	3	3	4	5	3	3
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	-11	-29	-12	5	27	7	3	6	4	8	8	10	14	8	6
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	-11	-29	-12	5	27	7	3	6	4	8	8	10	14	8	6
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	-11	-29	-12	5	27	7	3	6	4	8	8	10	14	8	6
- Preferred Dividends	2	2	2	2	2	2	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	-13	-31	-13	3	25	6	3	6	4	8	8	10	14	8	6
EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA	2	2	2	2	1	1	1	2	2	2	2	3	2	2	2
EBITDA Margin (%)	5.7	5.59	5.61	5.71	5.29	3.92	4.71	4.54	4.78	4.82	5.43	5.71	5.13	5.2	5
EBITA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	100	100	100	100	100	100	100	100	100	100	100	100	100	100	100
Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Profit Margin (%)	-25.71	-78.07	-35.45	16.66	95.81	26.47	10.8	18.7	13.13	22.97	21.06	23.31	30.5	19.55	15.38
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	0.31	0.35	- -	- -	- -	1.47	0.05	- -	- -	- -	- -	- -	- -	0.24	0.3
Depreciation Expense	2	2	2	2	1	1	1	2	2	2	2	3	2	2	2
Basic Weighted Avg Shares	4	4	4	4	4	4	4	4	4	4	5	5	4	4	4
Basic EPS, GAAP	-3.39	-8.17	-3.47	0.88	6.15	1.4	0.69	1.52	1.04	1.89	1.69	2.23	3.03	1.85	1.38
Basic EPS from Cont Ops	-2.92	-7.69	-3	1.35	6.67	1.82	0.72	1.52	1.04	1.89	1.69	2.23	3.03	1.85	1.38
Diluted Weighted Avg Shares	4	4	4	4	4	5	5	5	5	5	5	5	5	4	4
Diluted EPS, GAAP	-3.39	-8.17	-3.47	0.86	5.71	1.23	0.61	1.34	0.9	1.72	1.68	2.22	3.01	1.83	1.37
Diluted EPS from Cont Ops	-2.92	-7.69	-3	1.32	6.19	1.6	0.63	1.34	0.9	1.72	1.68	2.22	3.01	1.83	1.37

Balance Sheet (USD)

API Chat

	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
Total Current Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash, Cash Equivalents & STI	16	21	194	170	229	184	152	106	115	101	152	234	380	282	226
+ Cash & Cash Equivalents	16	21	68	84	121	47	40	28	38	21	44	86	94	36	11
+ ST Investments	- -	- -	126	86	108	138	112	78	77	80	108	148	286	246	215
+ Accounts & Notes Receiv	4	3	2	2	2	2	2	3	2	2	2	3	2	3	4
+ Accounts Receivable, Net	4	3	2	2	2	2	2	3	2	2	2	3	2	3	4
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	-20	-24	-196	-172	-231	-186	-154	-109	-117	-103	-154	-237	-382	-285	-230
+ 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	11	9	8	7	7	7	7	8	8	10	11	10	17	16	16
+ Property, Plant & Equip	24	24	23	23	22	23	24	24	24	26	28	27	35	35	35
- Accumulated Depreciation	13	15	15	16	15	16	16	16	16	17	17	17	18	19	19
+ LT Investments & Receivables	160	152	126	86	108	138	112	78	77	80	108	148	286	246	215
+ LT Investments	160	152	126	86	108	138	112	78	77	80	108	148	286	246	215
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	-170	-161	-134	-93	-115	-145	-119	-87	-86	-90	-118	-158	-303	-263	-231
+ Total Intangible Assets	1	2	1	2	2	2	2	3	3	3	3	4	4	4	4
+ Goodwill	- -	- -	- -	- -	- -	- -	- -	1	1	1	1	1	1	1	1
+ Other Intangible Assets	1	2	1	2	2	2	2	2	2	2	2	3	3	3	3
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	-172	-163	-136	-95	-116	-146	-121	-90	-89	-93	-121	-162	-307	-266	-235
Total Assets	1,036	881	790	653	649	577	643	682	723	712	778	910	1,070	1,096	1,107
+ Payables & Accruals	6	5	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2
+ Accounts Payable	2	1	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2
+ Accrued Taxes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	4	3	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Borrowings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Liabilities	-6	-5	-1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-2
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	-6	-5	-1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-2
Total Current Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Debt	132	122	70	70	- -	- -	9	7	- -	- -	- -	- -	- -	- -	13
+ LT Borrowings	132	122	70	70	- -	- -	9	7	- -	- -	- -	- -	- -	- -	13
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Liabilities	-132	-122	-70	-70	- -	- -	-9	-7	- -	- -	- -	- -	- -	- -	-13
+ Accrued Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	-132	-122	-70	-70	- -	- -	-9	-7	- -	- -	- -	- -	- -	- -	-13
Total Noncurrent Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Liabilities	936	811	733	592	563	501	574	606	642	629	685	806	960	999	999
+ Preferred Equity and Hybrid Capital	24	24	25	25	26	10	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	59	57	54	52	51	50	50	51	51	40	40	41	41	41	41
+ Common Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Additional Paid in Capital	59	56	53	52	51	50	50	51	51	40	40	40	41	41	41
- Treasury Stock	66	64	62	60	60	59	59	59	58	54	54	55	59	61	62
+ Retained Earnings	86	56	43	47	72	78	81	87	91	100	108	118	131	138	142
+ Other Equity	1	1	- -	- -	-1	- -	- -	-1	-1	-1	- -	1	-2	-20	-13
Equity Before Minority Interest	100	70	57	61	86	76	70	76	81	83	93	103	110	97	108
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	100	70	57	61	86	76	70	76	81	83	93	103	110	97	108
Total Liabilities & Equity	1,036	881	790	653	649	577	643	682	723	712	778	910	1,070	1,096	1,107
Shares Outstanding	4	4	4	4	4	4	4	4	4	5	5	5	5	4	4
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt	116	102	2	-14	-121	-47	-31	-21	-38	-21	-44	-86	-94	-36	2
Net Debt to Equity	116.15	145.97	3.79	-22.45	-140.86	-61.35	-44.2	-27.08	-46.48	-24.91	-47.92	-83.55	-85.56	-37.25	1.9
Tangible Common Equity Ratio	7.23	4.97	3.9	5.18	8.96	11.2	10.57	10.76	10.83	11.31	11.56	10.97	9.94	8.56	9.44
Current Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Cash Flow Statement (USD)

API Chat

	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
+ Net Income	-11	-29	-12	5	27	7	3	6	4	8	8	10	14	8	6
+ Depreciation & Amortization	2	2	2	2	1	1	1	2	2	2	2	3	2	2	2
+ Non-Cash Items	28	50	25	11	-10	9	7	17	10	10	5	3	8	21	6
+ Stock-Based Compensation	- -	1	- -	- -	- -	- -	1	1	1	1	1	1	1	1	1
+ Deferred Income Taxes	-3	12	- -	- -	-14	5	2	3	2	1	- -	-1	1	- -	- -
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Cash Adj	30	38	24	11	4	4	4	14	8	8	4	4	7	20	5
+ Chg in Non-Cash Work Cap	-4	2	2	-1	1	-1	- -	- -	1	-2	1	1	- -	1	- -
+ (Inc) Dec in Accts Receiv	2	1	1	- -	- -	- -	- -	- -	- -	- -	- -	-1	1	-1	-1
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	-4	-1	- -	-1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2
+ Inc (Dec) in Other	-1	2	2	-1	1	-1	- -	1	- -	-2	- -	2	-1	1	-2
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	15	26	17	17	19	17	11	26	17	18	15	17	24	31	14
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	11	15	5	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	11	15	5	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-1	- -	- -	- -	- -	-1	-1	-2	-1	-2	-2	-1	-8	- -	-1
+ Acq of Fixed Prod Assets	-1	- -	- -	- -	- -	-1	-1	-2	-1	-2	-2	-1	-8	- -	-1
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-1	-5	-2	-1
+ Increase in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-1	-5	-2	-1
+ Net Change in LT Investment	14	7	25	40	-23	-30	44	32	1	-3	-26	-39	-143	15	38
+ Dec in LT Investment	103	135	169	118	26	127	188	137	21	2	28	58	71	50	57
+ Inc in LT Investment	-88	-128	-144	-78	-49	-157	-144	-105	-20	-5	-54	-97	-214	-35	-19
+ Net Cash From Acq & Div	- -	- -	- -	-37	- -	- -	5	6	- -	- -	- -	- -	- -	- -	- -
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -	5	6	- -	- -	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	- -	- -	- -	-37	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	56	83	79	97	73	18	-79	-87	-43	-11	-15	-55	-16	-140	-75
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	81	104	109	100	49	-12	-32	-50	-43	-16	-43	-94	-167	-125	-37
+ Dividends Paid	-1	-1	- -	- -	- -	-6	- -	- -	- -	- -	- -	- -	- -	-1	-1
+ Net Cash From Debt	-10	-10	-52	- -	-70	- -	9	-2	-7	- -	- -	- -	- -	- -	13
+ Cash From Debt	1,099	87	10	- -	12	- -	65	45	99	7	26	- -	- -	159	251
+ Repayments of Debt	-1,109	-97	-63	- -	-82	- -	-56	-47	-106	-7	-26	- -	- -	-159	-238
+ Other Financing Activities	-84	-114	-27	-101	39	-73	5	15	43	-18	51	121	156	39	-13
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	-96	-125	-80	-101	-31	-79	14	13	36	-18	51	119	151	36	-2
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	1	5	47	16	37	-74	-7	-12	10	-17	24	42	8	-58	-25
EBITDA	2	2	2	2	1	1	1	2	2	2	2	3	2	2	2
EBITDA Margin (%)	5.7	5.59	5.61	5.71	5.29	3.92	4.71	4.54	4.78	4.82	5.43	5.71	5.13	5.2	5
Free Cash Flow	15	25	17	17	19	16	10	24	16	15	13	16	16	31	13
Net Cash Paid for Acquisitions	- -	- -	- -	37	- -	- -	-5	-6	- -	- -	- -	- -	- -	- -	- -
Free Cash Flow to Firm	- -	- -	- -	17	- -	16	10	24	16	15	13	16	16	31	13
Free Cash Flow to Equity	14	28	-31	15	-53	-1	9	22	9	15	13	16	16	31	26
Free Cash Flow per Basic Share	4.03	6.71	4.45	4.21	4.64	4.07	2.43	5.72	3.79	3.51	2.81	3.51	3.57	7.12	2.99
Price/Free Cash Flow	0.93	0.39	0.41	0.78	2.26	3.03	4.47	2.94	4.98	4.45	5.38	4.35	3.28	2.88	6.93
Cash Flow to Net Income	-1.43	-0.88	-1.5	3.16	0.71	2.35	3.66	4.02	3.87	2.16	1.95	1.64	1.79	3.89	2.28
Capital Expenditures	-1	- -	- -	- -	- -	-1	-1	-2	-1	-2	-2	-1	-8	- -	-1