IF Bancorp Inc (IROQ)

Financial Services | Banks Regional
Income Statement (Quarterly) 2025-03-31 2024-12-31 2024-09-30 2024-06-30
Revenue 11,821,000 11,010,000 6,229,000 11,865,000
Cost of Revenue 4,736,000 4,736,000 0 7,067,000
Gross Profit 7,085,000 6,274,000 6,229,000 4,798,000
Operating Expenses
R&D Expenses 0 0 0 0
SG&A Expenses 3,451,000 86,000 3,365,000 3,403,000
Operating Expenses 3,451,000 86,000 4,370,000 4,132,000
Operating Income 1,391,000 10,924,000 851,000 1,734,000
Interest Expense 0 5,993,000 6,092,000 6,162,000
Income Before Tax 1,391,000 1,682,000 851,000 531,000
Income Tax Expense 380,000 463,000 218,000 100,000
Net Income 1,011,000 1,219,000 633,000 431,000
Per Share
EPS 0.31 0.38 0.20 0.13
EPS Diluted 0.00 0.00 0.00 0.00
Income Statement (Annual) 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Revenue 48,369,000 22,083,000 26,066,000 27,767,000 26,407,000
Cost of Revenue -701,000 -31,000 0 0 0
Gross Profit 49,070,000 22,114,000 26,066,000 27,767,000 0
Operating Expenses
R&D Expenses 0 0 0 0 0
SG&A Expenses 14,315,000 16,614,000 13,789,000 14,070,000 12,963,000
Operating Expenses 49,070,000 16,614,000 17,887,000 10,350,000 0
Operating Income 8,368,000 2,355,000 6,260,000 10,356,000 0
Interest Expense 0 23,255,000 10,075,000 2,529,000 4,178,000
Income Before Tax 5,917,000 2,355,000 6,260,000 7,827,000 7,381,000
Income Tax Expense 1,613,000 565,000 1,600,000 2,043,000 2,034,000
Net Income 4,304,000 1,790,000 4,660,000 5,784,000 5,347,000
Per Share
EPS 1.37 0.57 1.50 1.88 1.76
EPS Diluted 0.00 0.00 0.00 0.00 0.00
Balance Sheet (Quarterly) 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Assets
Cash and Cash Equivalents 20,092,000 9,821,000 10,988,000 75,811,000
Short Term Investments 0 190,475,000 201,299,000 220,906,000
Net Receivables 0 3,457,000 2,781,000 2,023,000
Inventory 0 0 -17,831,000 0
Total Current Assets 4,966,000 203,753,000 10,988,000 625,684,000
Property Plant Equipment 0 10,580,000 11,092,000 9,505,000
Goodwill and Intangibles 1,429,000 1,491,000 1,482,000 1,463,000
Total Assets 887,659,000 887,745,000 848,976,000 857,558,000
Liabilities
Account Payables 0 3,009,000 1,666,000 176,000
Short Term Debt 24,295,000 17,772,000 24,787,000 14,244,000
Total Current Liabilities 706,899,000 747,958,000 1,666,000 176,000
Long Term Debt 48,624,000 58,249,000 19,500,000 15,000,000
Total Liabilities 805,822,000 813,829,000 777,223,000 785,900,000
Shareholders Equity
Retained Earnings 46,894,000 43,876,000 43,365,000 40,362,000
Total Shareholders Equity 81,837,000 73,916,000 71,753,000 71,658,000
Balance Sheet (Annual) 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Assets
Cash and Cash Equivalents 20,092,000 9,821,000 10,988,000 75,811,000 64,985,000
Short Term Investments 0 190,475,000 201,299,000 220,906,000 189,891,000
Net Receivables 0 3,457,000 2,781,000 2,023,000 1,897,000
Inventory 0 0 -17,831,000 0 0
Total Current Assets 4,966,000 203,753,000 10,988,000 625,684,000 596,644,000
Property Plant Equipment 0 10,580,000 11,092,000 9,505,000 9,793,000
Goodwill and Intangibles 1,429,000 1,491,000 1,482,000 1,463,000 1,013,000
Total Assets 887,659,000 887,745,000 848,976,000 857,558,000 797,341,000
Liabilities
Account Payables 0 3,009,000 1,666,000 176,000 199,000
Short Term Debt 24,295,000 17,772,000 24,787,000 14,244,000 3,000,000
Total Current Liabilities 706,899,000 747,958,000 1,666,000 176,000 3,199,000
Long Term Debt 48,624,000 58,249,000 19,500,000 15,000,000 25,000,000
Total Liabilities 805,822,000 813,829,000 777,223,000 785,900,000 712,037,000
Shareholders Equity
Retained Earnings 46,894,000 43,876,000 43,365,000 40,362,000 35,645,000
Total Shareholders Equity 81,837,000 73,916,000 71,753,000 71,658,000 85,304,000
Cash Flow Statement (Quarterly) 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Operating Activities
Net Income 4,304,000 1,790,000 4,660,000 5,784,000
Depreciation & Amortization 0 671,000 663,000 675,000
Stock Based Compensation 0 563,000 662,000 601,000
Change in Working Capital 2,325,000 -283,000 -2,916,000 537,000
Operating Cash Flow -73,000 2,283,000 2,766,000 8,669,000
Investing Activities
Capital Expenditure -242,000 -247,000 -2,250,000 -387,000
Investments 0 -247,000 -2,250,000 -387,000
Investing Cash Flow 14,420,000 -39,753,000 -57,119,000 -68,803,000
Financing Activities
Debt Repayment 21,125,000 38,749,000 -4,500,000 -13,000,000
Common Stock Issued/Repurchased 0 0 732,000 315,000
Dividends Paid -1,286,000 -1,279,000 -1,269,000 -1,067,000
Financing Cash Flow -10,303,000 36,053,000 -10,470,000 73,210,000
Summary
Free Cash Flow 6,162,000 2,036,000 516,000 8,282,000
Net Change in Cash 10,521,000 -1,417,000 -64,823,000 13,076,000
Cash Flow Statement (Annual) 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Operating Activities
Net Income 4,304,000 1,790,000 4,660,000 5,784,000 5,347,000
Depreciation & Amortization 0 671,000 663,000 675,000 679,000
Stock Based Compensation 0 563,000 662,000 601,000 572,000
Change in Working Capital 2,325,000 -283,000 -2,916,000 537,000 -189,000
Operating Cash Flow -73,000 2,283,000 2,766,000 8,669,000 6,867,000
Investing Activities
Capital Expenditure -242,000 -247,000 -2,250,000 -387,000 -279,000
Investments 0 -247,000 -2,250,000 -387,000 -279,000
Investing Cash Flow 14,420,000 -39,753,000 -57,119,000 -68,803,000 -36,038,000
Financing Activities
Debt Repayment 21,125,000 38,749,000 -4,500,000 -13,000,000 -86,500,000
Common Stock Issued/Repurchased 0 0 732,000 315,000 0
Dividends Paid -1,286,000 -1,279,000 -1,269,000 -1,067,000 -909,000
Financing Cash Flow -10,303,000 36,053,000 -10,470,000 73,210,000 58,439,000
Summary
Free Cash Flow 6,162,000 2,036,000 516,000 8,282,000 6,588,000
Net Change in Cash 10,521,000 -1,417,000 -64,823,000 13,076,000 29,268,000