Standard Premium Finance Holdings Inc (SPFX)

Name: Standard Premium Finance Holdings Inc Financial Statements
Creator: Quarter Results

Financial Services | Financial Credit Services

Latest reporting period: 2025-03-31

Latest Quarter

2025-03-31

Revenue

$2.5M

Net Income

$336K

Operating Margin

17.6%

Free Cash Flow

$1.8M

Debt / Assets

88.8%

Values are in USD and rounded to the nearest whole number unless noted.

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Income statement quarterly history for Standard Premium Finance Holdings Inc (SPFX).
Income Statement (Quarterly)	2025-03-31	2024-12-31	2024-09-30	2024-06-30
Revenue	2,482,591	2,813,872	3,073,347	3,119,300
Cost of Revenue	1,390,928	870,248	224,352	218,093
Gross Profit	1,091,663	1,526,378	2,848,995	2,901,207
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	560,660	569,453	49,249	86,116
Operating Expenses	653,630	730,204	2,442,169	2,465,967
Operating Income	438,033	1,409,717	406,826	0
Interest Expense	1,151,412	1,287,494	1,378,014	1,334,031
Income Before Tax	438,033	313,479	406,826	435,240
Income Tax Expense	102,204	80,367	106,199	107,788
Net Income	335,829	233,112	300,627	327,452
Per Share
EPS	0.10	0.06	0.09	0.11
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for Standard Premium Finance Holdings Inc (SPFX).
Income Statement (Annual)	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Revenue	12,469,770	10,693,467	9,723,010	3,970,267	4,128,093
Cost of Revenue	2,019,302	6,598,069	792,942	881,276	0
Gross Profit	10,450,468	5,349,923	8,930,068	3,088,991	0
Operating Expenses
R&D Expenses	0	0	0	0	0
SG&A Expenses	281,944	2,289,568	1,891,637	1,849,762	1,749,599
Operating Expenses	4,751,831	2,775,259	3,981,276	881,276	0
Operating Income	5,698,637	5,894,581	5,377,947	3,251,134	0
Interest Expense	4,106,382	5,343,544	4,590,988	3,209,280	2,534,705
Income Before Tax	1,592,255	1,320,139	712,893	1,012,321	1,186,330
Income Tax Expense	378,295	340,146	180,491	206,190	310,007
Net Income	1,213,960	979,993	532,402	806,131	876,323
Per Share
EPS	0.37	0.29	0.14	0.25	0.28
EPS Diluted	0.00	0.00	0.00	0.00	0.00

Balance sheet quarterly history for Standard Premium Finance Holdings Inc (SPFX).
Balance Sheet (Quarterly)	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Assets
Cash and Cash Equivalents	1,716	45,239	421,211	20,987
Short Term Investments	0	0	0	0
Net Receivables	1,059,085	0	49,474,903	46,674,273
Inventory	0	0	-49,474,903	0
Total Current Assets	64,273,684	61,092,144	50,244,909	0
Property Plant Equipment	362,706	242,004	351,918	377,924
Goodwill and Intangibles	0	391,000	0	0
Total Assets	65,846,983	62,375,385	51,488,807	48,518,200
Liabilities
Account Payables	2,080,810	2,681,359	1,827,884	1,935,278
Short Term Debt	45,711,239	127,520	34,390,122	34,164,399
Total Current Liabilities	47,792,049	49,427,606	37,535,705	0
Long Term Debt	8,142,003	6,550,935	8,000,660	6,371,216
Total Liabilities	58,495,286	55,978,541	45,536,365	43,983,421
Shareholders Equity
Retained Earnings	3,845,715	2,981,922	2,565,720	1,848,780
Total Shareholders Equity	7,351,697	6,396,844	5,952,442	4,534,779

Balance sheet annual history for Standard Premium Finance Holdings Inc (SPFX).
Balance Sheet (Annual)	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31
Assets
Cash and Cash Equivalents	1,716	45,239	421,211	20,987	477,289
Short Term Investments	0	0	0	0	0
Net Receivables	1,059,085	0	49,474,903	46,674,273	38,999,926
Inventory	0	0	-49,474,903	0	0
Total Current Assets	64,273,684	61,092,144	50,244,909	0	0
Property Plant Equipment	362,706	242,004	351,918	377,924	176,972
Goodwill and Intangibles	0	391,000	0	0	0
Total Assets	65,846,983	62,375,385	51,488,807	48,518,200	40,814,401
Liabilities
Account Payables	2,080,810	2,681,359	1,827,884	1,935,278	1,870,965
Short Term Debt	45,711,239	127,520	34,390,122	34,164,399	28,316,961
Total Current Liabilities	47,792,049	49,427,606	37,535,705	0	0
Long Term Debt	8,142,003	6,550,935	8,000,660	6,371,216	5,732,402
Total Liabilities	58,495,286	55,978,541	45,536,365	43,983,421	37,130,588
Shareholders Equity
Retained Earnings	3,845,715	2,981,922	2,565,720	1,848,780	1,041,758
Total Shareholders Equity	7,351,697	6,396,844	5,952,442	4,534,779	3,683,813

Cash flow quarterly history for Standard Premium Finance Holdings Inc (SPFX).
Cash Flow Statement (Quarterly)	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Operating Activities
Net Income	979,993	532,402	806,131	876,323
Depreciation & Amortization	166,789	154,115	139,124	137,113
Stock Based Compensation	0	0	0	0
Change in Working Capital	25,917	60,531	-157,628	-8,492,823
Operating Cash Flow	1,842,351	1,830,764	1,624,710	-6,450,444
Investing Activities
Capital Expenditure	-71,727	-62,717	-48,747	-36,929
Investments	-71,727	-62,717	-48,747	-36,929
Investing Cash Flow	-4,475,818	-12,306,233	-3,622,856	-80,500
Financing Activities
Debt Repayment	2,706,144	-10,215,700	-536,783	-103,291
Common Stock Issued/Repurchased	76,960	0	400,000	0
Dividends Paid	-116,200	-116,200	-89,191	-69,300
Financing Cash Flow	2,589,944	10,099,497	2,398,370	6,074,642
Summary
Free Cash Flow	1,770,624	1,768,047	1,575,963	-6,487,373
Net Change in Cash	-43,523	-375,972	400,224	-456,302

Cash flow annual history for Standard Premium Finance Holdings Inc (SPFX).
Cash Flow Statement (Annual)	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31
Operating Activities
Net Income	979,993	532,402	806,131	876,323	687,405
Depreciation & Amortization	166,789	154,115	139,124	137,113	134,656
Stock Based Compensation	0	0	0	0	0
Change in Working Capital	25,917	60,531	-157,628	-8,492,823	-40,132
Operating Cash Flow	1,842,351	1,830,764	1,624,710	-6,450,444	1,296,702
Investing Activities
Capital Expenditure	-71,727	-62,717	-48,747	-36,929	-21,895
Investments	-71,727	-62,717	-48,747	-36,929	-21,895
Investing Cash Flow	-4,475,818	-12,306,233	-3,622,856	-80,500	-62,294
Financing Activities
Debt Repayment	2,706,144	-10,215,700	-536,783	-103,291	-643,000
Common Stock Issued/Repurchased	76,960	0	400,000	0	0
Dividends Paid	-116,200	-116,200	-89,191	-69,300	-48,977
Financing Cash Flow	2,589,944	10,099,497	2,398,370	6,074,642	-1,102,725
Summary
Free Cash Flow	1,770,624	1,768,047	1,575,963	-6,487,373	1,274,807
Net Change in Cash	-43,523	-375,972	400,224	-456,302	131,683