BAFN
Income statement / Annual
Last year (2024), BayFirst Financial Corp.'s total revenue was $125.24 M,
an increase of 12.98% from the previous year.
In 2024, BayFirst Financial Corp.'s net income was $12.60 M.
See BayFirst Financial Corp.,s key income statements, including revenue, expenses, profit, and income.
Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
Operating Revenue |
$125.24 M |
$110.85 M |
$66.41 M |
$63.35 M |
$134.09 M |
$74.94 M |
$48.12 M |
$35.14 M |
$20.57 M |
$8.39 M |
Cost of Revenue |
$59.51 M
|
$42.53 M
|
$7.87 M
|
$3.80 M
|
$27.18 M
|
$17.14 M
|
$5.70 M
|
$7.00 M
|
$3.89 M
|
$497.00 K
|
Gross Profit |
$65.73 M
|
$68.32 M
|
$58.54 M
|
$59.55 M
|
$106.92 M
|
$57.80 M
|
$42.41 M
|
$28.14 M
|
$16.68 M
|
$7.90 M
|
Gross Profit Ratio |
0.52
|
0.62
|
0.88
|
0.94
|
0.8
|
0.77
|
0.88
|
0.8
|
0.81
|
0.94
|
Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
General & Administrative Expenses |
$37.69 M
|
$38.88 M
|
$32.05 M
|
$29.81 M
|
$77.11 M
|
$40.58 M
|
$35.79 M
|
$0.00
|
$0.00
|
$0.00
|
Selling & Marketing Expenses |
$2.05 M
|
$3.34 M
|
$2.66 M
|
$2.70 M
|
$3.55 M
|
$3.12 M
|
$2.06 M
|
$0.00
|
$0.00
|
$0.00
|
Selling, General & Administrative Expenses |
$39.74 M
|
$42.21 M
|
$34.71 M
|
$32.51 M
|
$80.66 M
|
$43.70 M
|
$37.85 M
|
$0.00
|
$0.00
|
$0.00
|
Other Expenses |
$9.00 M
|
$18.07 M
|
$16.80 M
|
$15.32 M
|
$10.48 M
|
$7.80 M
|
$6.23 M
|
$22.52 M
|
$9.89 M
|
$4.74 M
|
Operating Expenses |
$48.74 M
|
$60.28 M
|
$51.50 M
|
$47.83 M
|
$91.14 M
|
$51.51 M
|
$44.08 M
|
$22.52 M
|
$9.89 M
|
$4.74 M
|
Cost And Expenses |
$108.25 M
|
$102.81 M
|
$59.37 M
|
$51.63 M
|
$118.32 M
|
$68.64 M
|
$49.79 M
|
$29.52 M
|
$13.77 M
|
$5.23 M
|
Interest Income |
$82.81 M
|
$68.52 M
|
$38.57 M
|
$43.83 M
|
$43.73 M
|
$25.70 M
|
$21.60 M
|
$11.98 M
|
$7.12 M
|
$4.02 M
|
Interest Expense |
$44.78 M
|
$32.09 M
|
$8.57 M
|
$7.30 M
|
$10.28 M
|
$8.27 M
|
$4.37 M
|
$2.06 M
|
$710.00 K
|
$322.00 K
|
Depreciation & Amortization |
$8.72 M
|
$6.75 M
|
$4.97 M
|
$4.33 M
|
$5.06 M
|
$5.07 M
|
$3.51 M
|
$0.00
|
$0.00
|
$0.00
|
EBITDA |
$25.71 M |
$14.79 M |
$12.01 M |
$16.05 M |
$20.84 M |
$11.37 M |
$1.84 M |
$5.62 M |
$6.79 M |
$3.16 M |
EBITDA Ratio |
0.21
|
0.13
|
0.18
|
0.25
|
0.16
|
0.15
|
0.04
|
0.16
|
0.33
|
0.38
|
Operating Income Ratio |
0.14
|
0.07
|
0.11
|
0.19
|
0.12
|
0.08
|
-0.03
|
0.16
|
0.33
|
0.38
|
Total Other Income/Expenses Net |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
Income Before Tax |
$16.99 M
|
$8.03 M
|
$7.04 M
|
$11.72 M
|
$15.78 M
|
$6.30 M
|
-$1.67 M
|
$5.62 M
|
$6.79 M
|
$3.16 M
|
Income Before Tax Ratio |
0.14
|
0.07
|
0.11
|
0.19
|
0.12
|
0.08
|
-0.03
|
0.16
|
0.33
|
0.38
|
Income Tax Expense |
$4.32 M
|
$2.12 M
|
$1.56 M
|
$2.69 M
|
$3.08 M
|
$1.81 M
|
-$464.84 K
|
$2.28 M
|
$2.56 M
|
$875.00 K
|
Net Income |
$12.60 M
|
$5.70 M
|
-$349.00 K
|
$24.62 M
|
$12.70 M
|
$4.48 M
|
-$1.21 M
|
$3.34 M
|
$4.23 M
|
$2.29 M
|
Net Income Ratio |
0.1
|
0.05
|
-0.01
|
0.39
|
0.09
|
0.06
|
-0.03
|
0.1
|
0.21
|
0.27
|
EPS |
2.68 |
1.16 |
-0.29 |
6.21 |
3.45 |
1.27 |
-0.43 |
1.51 |
2.41 |
0.79 |
EPS Diluted |
2.62 |
1.12 |
-0.29 |
5.74 |
3.01 |
1.27 |
-0.43 |
1.51 |
2.41 |
0.79 |
Weighted Average Shares Out |
$4.13 M
|
$4.08 M
|
$4.07 M
|
$3.80 M
|
$3.43 M
|
$3.17 M
|
$2.84 M
|
$2.21 M
|
$1.75 M
|
$2.91 M
|
Weighted Average Shares Out Diluted |
$4.22 M
|
$4.23 M
|
$4.07 M
|
$4.11 M
|
$4.00 M
|
$3.17 M
|
$2.84 M
|
$2.21 M
|
$1.75 M
|
$2.91 M
|
Link |
|
|
|
|
|
|
|
|
|
|