Summit Financial Services Group Inc (SFNS) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
595 SOUTH FEDERAL HIGHWAY BOCA RATON, FL 33432 |
| State of Incorp. | FL |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6211 - Security Brokers, Dealers, and Flotation Companies (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2014 MRQ | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|
| ASSETS | |||||
| Current Assets | |||||
| Cash, cash equivalents, and short-term investments | 12,087 | 7,967 | |||
| Cash and cash equivalents | 12,087 | 7,967 | |||
| Total current assets: | 12,087 | 7,967 | |||
| Noncurrent Assets | |||||
| Property, plant and equipment | 402 | 412 | |||
| Intangible assets, net (including goodwill) | ✕ | 501 | 501 | ||
| Goodwill | 501 | 501 | |||
| Total noncurrent assets: | 902 | 913 | |||
| Other undisclosed assets | 4,136 | 3,877 | |||
| TOTAL ASSETS: | 17,125 | 12,757 | |||
| LIABILITIES AND EQUITY | |||||
| Liabilities | |||||
| Current Liabilities | |||||
| Noncurrent Liabilities | |||||
| Other undisclosed liabilities | 5,035 | 4,691 | |||
| Total liabilities: | 5,035 | 4,691 | |||
| Equity | |||||
| Equity, attributable to parent, including: | 12,091 | 8,065 | |||
| Common stock | 2 | 2 | |||
| Treasury stock, value | (11) | (11) | |||
| Additional paid in capital | 9,593 | 8,499 | |||
| Retained earnings | 3,772 | 1,242 | |||
| Unearned esop shares | (1,265) | (1,667) | |||
| Other undisclosed equity, attributable to parent | 0 | ||||
| Total equity: | 12,091 | 8,065 | |||
| TOTAL LIABILITIES AND EQUITY: | 17,125 | 12,757 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2014 TTM | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|
| Revenues | 87,619 | 73,237 | ||
| Financial services revenue | 86,799 | 72,238 | ||
| Cost of revenue | (70,473) | (59,081) | ||
| Cost of goods and services sold | (69,237) | (58,137) | ||
| Gross profit: | 17,146 | 14,156 | ||
| Operating expenses | (83,422) | (69,908) | ||
| Operating loss: | (66,276) | (55,753) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 70,473 | 59,081 | ||
| Income from continuing operations before income taxes: | 4,197 | 3,328 | ||
| Income tax expense | (1,648) | (1,736) | ||
| Income from continuing operations: | 2,549 | 1,592 | ||
| Income before gain (loss) on sale of properties: | 2,549 | 1,592 | ||
| Net income attributable to parent: | 2,549 | 1,592 | ||
| Preferred stock dividends and other adjustments | (37) | (30) | ||
| Other undisclosed net income available to common stockholders, basic | 18 | 15 | ||
| Net income available to common stockholders, diluted: | 2,530 | 1,577 | ||
Comprehensive Income ($ in thousands)
| 3/31/2014 TTM | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|
| Net income: | 2,549 | 1,592 | ||
| Comprehensive income, net of tax, attributable to parent: | 2,549 | 1,592 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.