Executive Summary
Kentucky First Federal Bancorp (KFFB) reported a net loss of approximately $1.08 million in QQ4 2024, with revenue about $1.92 million and a substantial interest expense burden that pressured bottom-line profitability. The quarter shows a precarious earnings mix: operating income of around -$1.12 million and EBITDA of about -$1.06 million, driven largely by a high interest expense (approximately $2.54 million) relative to revenue. Net income margin is negative, translating to an EPS of -$0.13 for the quarter. YoY comparisons illustrate a sharp deterioration in profitability (net income down roughly 2,666%), despite a modest QoQ rebound in reported revenue (YoY clearly weak, QoQ modestly improved).
Key Performance Indicators
QoQ: -55.78% | YoY:-5.86%
QoQ: -670.34% | YoY:-2 207.55%
QoQ: -907.48% | YoY:-2 666.67%
QoQ: -884.85% | YoY:-2 600.00%
Key Insights
Revenue: $1.917 million; YoY decline of 4.01%, QoQ increase of 2.46%. Gross Profit: $1.88 million; YoY change approx -5.86%, QoQ change around -55.78% (note: gross profit figure appears to be reported with a data inconsistency in the source). Operating Income: -$1.117 million; YoY deterioration ~-2,207.55%, QoQ ~-670.34%. Net Income: -$1.078 million; YoY ~-2,666.67%, QoQ ~-907.48%. EPS: -$0.13; YoY ~-2,600.00%, QoQ ~-884.85%. EBITDA: -$1.061 million; EBITDARatio: -0.5535; Operating Margin: -58.2...
Financial Highlights
Revenue: $1.917 million; YoY decline of 4.01%, QoQ increase of 2.46%. Gross Profit: $1.88 million; YoY change approx -5.86%, QoQ change around -55.78% (note: gross profit figure appears to be reported with a data inconsistency in the source). Operating Income: -$1.117 million; YoY deterioration ~-2,207.55%, QoQ ~-670.34%. Net Income: -$1.078 million; YoY ~-2,666.67%, QoQ ~-907.48%. EPS: -$0.13; YoY ~-2,600.00%, QoQ ~-884.85%. EBITDA: -$1.061 million; EBITDARatio: -0.5535; Operating Margin: -58.27%, Net Margin: -56.23%.
Income Statement
| Metric |
Value |
YoY Change |
QoQ Change |
| Revenue |
1.92M |
-4.01% |
2.46% |
| Gross Profit |
1.88M |
-5.86% |
-55.78% |
| Operating Income |
-1.12M |
-2 207.55% |
-670.34% |
| Net Income |
-1.08M |
-2 666.67% |
-907.48% |
| EPS |
-0.13 |
-2 600.00% |
-884.85% |
Key Financial Ratios
operatingProfitMargin
-58.3%
operatingCashFlowPerShare
$-0.02
freeCashFlowPerShare
$-0.02
dividendPayoutRatio
-0.09%
Management Commentary
Note: No earnings call transcript data is provided in the input. As a result, there are no management quotes or themes to summarize in this section. When transcript data become available, this section should group insights by themes (strategy, operations, market conditions) with context and significance for investors.
Transcript not provided in the dataset.
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Transcript not provided in the dataset.
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Forward Guidance
Management did not supply explicit forward-looking targets in the provided data. However, the quarter underscores ongoing profitability and funding challenges in a low-rate, high-cost of funds environment for a small regional bank. Key forward-looking factors to monitor include: (1) trajectory of net interest margin as interest costs evolve versus asset yields; (2) deposit growth and pricing power to support liquidity; (3) realization or reallocation of long-term investments (333.3M) to optimize yields without compromising capital adequacy; (4) cost control and operating leverage given elevated operating expenses; (5) regulatory capital requirements and any anticipated loan book risk adjustments. In the near term, investors should watch the interplay between elevated interest expense and revenue generation, as well as any shifts in the balance sheet mix (notably the substantial long-term investments and deferred revenue position).