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BMTX

BM Technologies Inc - Class A

$6.59

Earnings Summary

Revenue
$25.74Mn
Net Profits
$-8.8Mn
Net Profit Margins
-34.21%
PE Ratio
4.29

Highlights

Revenue:

BM Technologies Inc - Class A’s revenue jumped 5.55% since last year same period to $25.74Mn in the Q1 2022. On a quarterly growth basis, BM Technologies Inc - Class A has generated 0% jump in its revenue since last 3-months.

Net Profits:

BM Technologies Inc - Class A’s net profit fell -146.61% since last year same period to $-8.8Mn in the Q1 2022. On a quarterly growth basis, BM Technologies Inc - Class A has generated 0% jump in its net profits since last 3-months.

Net Profit Margins:

BM Technologies Inc - Class A’s net profit margin fell -144.16% since last year same period to -34.21% in the Q1 2022. On a quarterly growth basis, BM Technologies Inc - Class A has generated 0% jump in its net profit margins since last 3-months.

PE Ratio:

BM Technologies Inc - Class A’s price-to-earnings ratio after this Q1 2022 earnings stands at 4.29.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the BM Technologies Inc - Class A post its latest quarter earnings

EPS Estimate Current Quarter
0.08
EPS Estimate Current Year
0.08

Highlights

EPS Estimate Current Quarter:

BM Technologies Inc - Class A’s earning per share (EPS) estimates for the current quarter stand at 0.08 - a -33.33% fall from last quarter’s estimates.

EPS Estimate Current Year:

BM Technologies Inc - Class A’s earning per share (EPS) estimates for the current year stand at 0.08.

Key Ratios

Key ratios of the BM Technologies Inc - Class A post its Q1 2022 earnings

Earning Per Share (EPS)
-0.1
Return on Assets (ROA)
0.05
Return on Equity (ROE)
0.55
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

BM Technologies Inc - Class A’s earning per share (EPS) fell -107.86% since last year same period to -0.1 in the Q1 2022. This indicates that the BM Technologies Inc - Class A has generated -107.86% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. BM Technologies Inc - Class A’s return on assets (ROA) stands at 0.05.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. BM Technologies Inc - Class A’s return on equity (ROE) stands at 0.55.

Dividend Per Share (DPS):

BM Technologies Inc - Class A declared 0 dividend per share during the earnings announcement for Q1 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-10
0.08
-0.1
-219.88%

Company Information

BM Technologies, Inc. is among the largest mobile-first banking platforms in the U.S., providing access to checking and savings accounts, personal loans and credit cards. BankMobile was named the “Most Innovative Bank” by LendIt Fintech in 2019, providing an alternative banking technology to the traditional model. It is focused on technology, innovation, easy-to-use products and education with the mission of being “customer-obsessed” and creating “customers for life.” The BankMobile platform employs a multi-partner distribution model, known as “Banking-as-a-Service” (BaaS), that enables the acquisition of customers at higher volumes and substantially lower expense than traditional banks. Its efficient operating model enables partner banks to provide low-cost banking services to low/middle-income Americans who have been left behind by the high-fee model of “traditional” banks. Today, the BankMobile BaaS platform is provided to colleges and universities and currently serves over two million account-holders, and provides disbursement services at 722 campuses (covering one out of every three students in the U.S.). BM Technologies, Inc. is a technology company and is not a bank and provides banking services through its partner banks.

Organisation
BM Technologies Inc - Class A
Employees
2