Princeton Bancorp, Inc. [Rocket]

Overview

Princeton Bancorp, Inc.

Add to portfolio

Recent News + Filings (All items)

Date Filed	Type	Description
09/28/2023	4	Form 4 - Statement of changes in beneficial ownership of securities:
08/14/2023	10-Q	Quarterly Report for the period ended June 30, 2023
08/10/2023	8-K	Other Events, Financial Statements and Exhibits  Interactive Data
07/27/2023	8-K	Quarterly results
07/20/2023	8-K	Quarterly results
07/18/2023	4/A	Form 4/A - Statement of changes in beneficial ownership of securities: [Amend]
07/18/2023	4/A	Form 4/A - Statement of changes in beneficial ownership of securities: [Amend]

Revenue Mix by Segment

Financial Summary (All financials)

In millions, except per share items	Dec-31-22	Dec-31-21
Revenues	72.5	63.6
Revenue growth	14.0%
Cost of goods sold	5.9	6.1
Gross profit	66.7	57.6
Gross margin	91.9%	90.5%
Sales and marketing	0.5	0.2
Research and development	4.5	3.6
General and administrative	2.7	2.7
EBITA	59.0	51.2
EBITA margin	81.3%	80.4%
Amortization of intangibles	0.6	0.6
EBIT	58.4	50.5
EBIT margin	80.6%	79.4%
Pre-tax income	34.1	29.2
Income taxes	7.6	6.7
Tax rate	22.2%	23.0%
Net income	26.5	22.5
Net margin	36.5%	35.3%

Diluted EPS	$4.11	$3.30
Shares outstanding (diluted)	6.4	6.8

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.