SouthPoint Bancshares, Inc.

SOUB

SOUBSouthPoint Bancshares, Inc. US flag

Other OTC

14.20

USD

- -

42.19MMarket Cap

Income Statement (USD)

API Chat

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Sales/Revenue/Turnover	17	17	20	33	39	52	59	62	60
+ Sales & Services Revenue	17	17	20	33	39	52	59	62	60
- Cost of Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cost of Goods & Services	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Profit	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Income	-11	-12	-14	-21	-24	-32	-34	-34	-36
- Operating Expenses	11	12	14	21	24	32	34	34	36
+ Selling, General & Admin	- -	- -	1	1	2	1	1	1	2
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	11	12	13	20	23	31	33	33	34
Operating Income (Loss)	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Non-Operating (Income) Loss	-5	-5	-6	-9	-10	-16	-20	13	13
+ Interest Expense, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	-5	-5	-6	-9	-10	-16	-20	13	13
Pretax Income	5	5	6	9	10	16	20	-13	-13
- Income Tax Expense (Benefit)	2	1	1	2	2	4	4	-4	-3
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	3	4	5	7	8	13	16	-9	-10
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	3	4	5	7	8	13	16	-9	-10
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	3	4	5	7	8	13	16	-9	-10
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	3	4	5	7	8	13	16	-9	-10
EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITA	- -	-1	-1	-1	-1	-1	-1	-2	-2
Gross Margin (%)	100	100	100	100	100	100	100	100	100
Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -
Profit Margin (%)	18.46	25.12	24.57	22.28	20.17	24.38	26.36	-14.99	-17.46
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -
Depreciation Expense	- -	1	1	1	1	1	1	2	2
Basic Weighted Avg Shares	2	2	2	2	2	3	3	3	3
Basic EPS, GAAP	1.56	2.18	2.5	3.64	3.85	4.39	5.39	-3.22	-3.52
Basic EPS from Cont Ops	1.56	2.18	2.5	3.64	3.85	4.39	5.39	-3.22	-3.52
Diluted Weighted Avg Shares	2	2	2	2	2	3	3	3	3
Diluted EPS, GAAP	1.56	2.18	2.5	3.64	3.85	4.39	5.39	-3.22	-3.52
Diluted EPS from Cont Ops	1.56	2.18	2.5	3.64	3.85	4.39	5.39	-3.22	-3.52

Balance Sheet (USD)

API Chat

	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	3	8	13	16	38	123	87	131	238
+ Cash & Cash Equivalents	3	8	13	16	38	123	87	131	238
+ ST Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	- -	- -	1	2	2	5	8	8	5
+ Accounts Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	1	2	2	5	8	8	5
+ Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	-3	-8	-14	-18	-41	-128	-95	-139	-243
+ 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	12	12	12	12	22	23	24	26
+ Property, Plant & Equip	14	14	15	16	16	27	29	31	34
- Accumulated Depreciation	2	2	3	3	4	5	6	7	8
+ LT Investments & Receivables	21	19	13	57	46	35	14	58	41
+ LT Investments	21	19	13	57	46	35	14	58	41
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	-32	-31	-25	-70	-58	-57	-38	-82	-67
+ Total Intangible Assets	- -	- -	- -	- -	- -	15	15	15	15
+ Goodwill	- -	- -	- -	- -	- -	13	13	13	13
+ Other Intangible Assets	- -	- -	- -	- -	- -	2	2	2	2
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	-32	-31	-25	-70	-58	-72	-52	-97	-82
Total Assets	309	365	410	574	714	1,367	1,659	1,762	1,564
+ Payables & Accruals	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accounts Payable	2	2	3	- -	- -	- -	- -	- -	- -
+ Accrued Taxes	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	-2	-2	-3	- -	- -	- -	- -	- -	- -
+ ST Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Borrowings	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Current Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Debt	30	19	2	91	83	358	161	34	34
+ LT Borrowings	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Liabilities	-30	-19	-2	-91	-83	-358	-161	-34	-34
+ Accrued Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	-30	-19	-2	-91	-83	-358	-161	-34	-34
Total Noncurrent Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Liabilities	282	335	373	528	662	1,280	1,556	1,669	1,480
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	22	23	23	23	23	53	53	53	54
+ Common Stock	2	2	2	2	2	3	3	3	3
+ Additional Paid in Capital	20	20	20	21	21	50	50	50	51
- Treasury Stock	2	2	2	2	1	1	1	1	1
+ Retained Earnings	6	10	15	22	30	43	58	49	39
+ Other Equity	- -	- -	- -	- -	- -	- -	- -	- -	- -
Equity Before Minority Interest	27	31	37	46	52	86	103	93	84
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	27	31	37	46	52	86	103	93	84
Total Liabilities & Equity	309	365	410	574	714	1,367	1,659	1,762	1,564
Shares Outstanding	2	2	2	2	2	3	3	3	3
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt	-3	-8	-13	-16	-38	-123	-87	-131	-238
Net Debt to Equity	-11.68	-25.04	-33.92	-33.98	-74.01	-142.96	-84.49	-141.08	-282.27
Tangible Common Equity Ratio	8.66	8.38	8.99	8.01	7.26	5.28	5.38	4.48	4.5
Current Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -

Cash Flow Statement (USD)

API Chat

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
+ Net Income	3	4	5	7	8	13	16	-9	-10
+ Depreciation & Amortization	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Non-Cash Items	5	2	-2	-3	9	11	6	32	42
+ Stock-Based Compensation	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Income Taxes	- -	1	- -	-1	-1	- -	-2	-9	1
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Cash Adj	5	1	-3	-2	11	10	7	41	40
+ Chg in Non-Cash Work Cap	- -	-1	2	-1	1	- -	4	-7	-2
+ (Inc) Dec in Accts Receiv	- -	- -	- -	-1	- -	-1	-3	- -	3
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Other	- -	-1	2	- -	1	1	8	-7	-5
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	8	5	4	3	18	23	25	16	29
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	2	- -	- -	- -	- -	1	- -	- -
+ Disp of Fixed Prod Assets	- -	2	- -	- -	- -	- -	1	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-6	-3	- -	-1	- -	-5	-3	-2	-3
+ Acq of Fixed Prod Assets	-6	-3	- -	-1	- -	-5	-3	-2	-3
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	- -	- -	- -	- -	- -	- -	- -	1
+ Increase in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	1
+ Decrease in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Change in LT Investment	- -	4	- -	-41	32	87	1	-26	2
+ Dec in LT Investment	8	7	13	11	55	87	1	1	2
+ Inc in LT Investment	-8	-3	-12	-52	-24	- -	- -	-27	- -
+ Net Cash From Acq & Div	- -	- -	- -	- -	- -	76	- -	- -	- -
+ Cash from Divestitures	- -	- -	- -	- -	- -	76	- -	- -	- -
+ Cash for Acq of Subs	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	-31	-58	-37	-112	-160	-363	-329	-63	277
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-37	-55	-37	-154	-129	-205	-331	-91	277
+ Dividends Paid	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Debt	- -	-11	-17	88	-7	271	-194	-128	- -
+ Cash From Debt	- -	- -	- -	89	30	271	6	40	- -
+ Repayments of Debt	- -	-11	-17	-1	-37	- -	-200	-168	- -
+ Other Financing Activities	25	65	54	65	140	-4	463	247	-189
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	26	54	37	154	133	267	269	119	-188
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	-3	5	5	3	23	85	-36	44	117
EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -
Free Cash Flow	2	3	4	2	18	18	22	14	26
Net Cash Paid for Acquisitions	- -	- -	- -	- -	- -	-76	- -	- -	- -
Free Cash Flow to Firm	2	3	4	2	18	18	22	- -	- -
Free Cash Flow to Equity	- -	-7	-13	90	11	290	-171	-114	26
Free Cash Flow per Basic Share	0.88	1.28	2.04	1.07	9	6.33	7.6	4.73	8.82
Price/Free Cash Flow	- -	- -	9.25	10.75	3.86	3.18	2.88	6.06	1.33
Cash Flow to Net Income	2.54	1.22	0.86	0.42	2.35	1.82	1.62	-1.69	-2.79
Capital Expenditures	-6	-3	- -	-1	- -	-5	-3	-2	-3