Microfinancial Inc (MFI) Financial Statements (2023 and Earlier)

Company Profile

Business Address 16 NEW ENGLAND EXECUTIVE PARK
BURLINGTON, MA 01803
State of Incorp. MA
Fiscal Year End December 31
Industry (SIC) 6159 - Miscellaneous business Credit Institutions (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments2,2463,557
Cash and cash equivalents2,2463,557
Restricted cash and investments1,1071,213
Total current assets:3,3534,770
Noncurrent Assets
Property, plant and equipment1,3331,534
Total noncurrent assets:1,3331,534
Other undisclosed assets168,366163,325
TOTAL ASSETS:173,052169,629
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 653
Taxes payable 653
Total current liabilities: 653
Noncurrent Liabilities
Other undisclosed liabilities84,57286,584
Total liabilities:84,57287,237
Stockholders' equity
Stockholders' equity attributable to parent88,48082,392
Common stock144145
Additional paid in capital47,47547,500
Retained earnings40,86134,747
Total stockholders' equity:88,48082,392
TOTAL LIABILITIES AND EQUITY:173,052169,629

Income Statement (P&L) ($ in thousands)

12/31/2013
12/31/2012
Revenues62,51859,316
Cost of revenue(27,681)(26,484)
Financial services costs(19,530)(19,490)
Gross profit:34,83732,832
Operating expenses(18,514)(17,466)
Operating income:16,32315,366
Interest and debt expense(2,703)(2,639)
Other undisclosed income from continuing operations before equity method investments, income taxes2,7032,639
Income from continuing operations before income taxes:16,32315,366
Income tax expense(6,560)(6,015)
Net income available to common stockholders, diluted:9,7639,351

Comprehensive Income ($ in thousands)

12/31/2013
12/31/2012
Net income:9,7639,351
Comprehensive income, net of tax, attributable to parent:9,7639,351

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.

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