bmtx: the income statement

MyFinsight

For the quarter ending 2024-09-30, BMTX made $14,077K in revenue. -$4,995K in net income. Net profit margin of -35.48%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2024-09-30	2024-06-30
Total operating revenues	14,077	12,541
Professional services	2,840	2,634
Advertising and promotion	117	75
Provision for operating losses	2,650	2,096
Technology, communication, and processing	6,168	4,297
Other expense	490	576
Salaries and employee benefits	5,590	5,660
Occupancy	11	10
Nextgen implementation costs	-	1,560
Restructuring, merger, and acquisition related expenses	58	71
Customer related supplies	242	231
Total operating expenses	18,166	17,210
Loss from operations	-4,089	-4,669
Other loss	951	-
Gain on fair value of private warrant liability	-54	162
Loss before income tax expense	-4,986	-4,831
Income tax expense	9	-
Net loss	-4,995	-4,831

Basic eps	-0.42	-0.41
Diluted eps	-0.42	-0.41
Basic average shares	11,799,000	11,785,000
Diluted average shares	11,799,000	11,785,000