Quick answer: latest quarter results, by ticker or company name

Reported Q: Q1 2024 Rev YoY: +235.3% EPS YoY: +125.6% Move: +11.66%

Standard Premium Finance

SPFX

$2.30 11.66%

Exchange OTC Sector Financial Services Industry Financial Credit Services

Q1 2024

Published: May 13, 2024

Company Status Snapshot

Fast view of the latest quarter outcome for SPFX

Reported

Report Date

May 13, 2024

Quarter Q1 2024

Revenue

2.83M

YoY: +235.3%

EPS

0.03

YoY: +125.6%

Market Move

+11.66%

Previous quarter: N/A

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Earnings Highlights

Revenue of $2.83M up 235.3% year-over-year
EPS of $0.03 increased by 125.6% from previous year
Gross margin of 84.9%
Net income of 118.80K
"N/A" - N/A

SPFX

Company SPFX

Period Q1 2024

Currency USD

Report Type Quarterly Earnings

Generated Apr 1, 2026

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Executive Summary

SPFX delivered a strong top-line expansion in QQ1 2024 with revenue of $2.83 million, marking a 235% year-over-year increase and a quarterly gain of 3.23% from the prior quarter. The company generated a healthy gross margin of 84.9%, resulting in a gross profit of $2.40 million and an operating income of $1.47 million (operating margin ~52%). EBITDA stood at $1.29 million, underscoring operating efficiency within its niche insurance premium financing business. Net income was $118.8 thousand, translating to a net margin of ~4.2% and earnings per share (EPS) of $0.0309 (diluted $0.0294).

Key Performance Indicators

Revenue

Increasing

2.83M

QoQ: 3.23% | YoY: 235.29%

Gross Profit

Increasing

2.40M

84.88% margin

QoQ: 1.17% | YoY: 273.40%

Operating Income

Increasing

1.47M

QoQ: -9.24% | YoY: 3 415.87%

Net Income

Increasing

118.80K

QoQ: -30.34% | YoY: 72.48%

EPS

Increasing

0.03

QoQ: -36.55% | YoY: 125.55%

Revenue Trend

Margin Analysis

Financial Highlights

Revenue: $2,829,953; YoY growth 235.3%; QoQ growth 3.23%; Gross Profit: $2,402,150; Gross Margin: 84.9%; EBITDA: $1,289,014; EBITDA Margin: 45.5%; Operating Income: $1,472,870; Operating Margin: 52.0%; Net Income: $118,802; Net Margin: 4.20%; Earnings per Share (basic): $0.0309; Diluted EPS: $0.0294; Weighted Avg Shares (outstanding): 2,905,016; Interest Expense: $1,344,006; Depreciation & Amortization: $41,260; Net Cash from Operating Activities: $1,501,686; Free Cash Flow: $1,475,018; Net Debt: $59,195,483; Cash: $1,144; Current Ratio: 1.216; Quick Ratio: 1.216; Debt to Equity: 9.12; Debt Ratio: 0.877; P/BV: 1.46; P/S: 3.36; P/E: 19.99; Dividend Yield: 0.31%; Operating Cash Flow to Sales: 5.91%; Free Cash Flow to Operating Cash Flow: 84.0%.

Income Statement

Metric	Value	YoY Change	QoQ Change
Revenue	2.83M	235.29%	3.23%
Gross Profit	2.40M	273.40%	1.17%
Operating Income	1.47M	3 415.87%	-9.24%
Net Income	118.80K	72.48%	-30.34%
EPS	0.03	125.55%	-36.55%

Key Financial Ratios

Gross Profit Margin

Excellent

84.90%

Gross profit margin is exceptional, indicating strong pricing power and operational efficiency

Operating Profit Margin

Excellent

52.00%

Operating margin is exceptional, indicating strong pricing power and operational efficiency

Net Profit Margin

Fair

4.20%

Net profit margin is moderate, room for improvement in cost management

Return on Assets

Weak

0.18%

Return on assets suggests inefficient capital allocation

Return on Equity

Weak

1.83%

Return on equity suggests inefficient capital allocation

Current Ratio

Adequate

1.22

Current ratio meets minimum requirements but limited cushion

Debt to Equity

High Risk

9.12

Debt-to-equity indicates high leverage and elevated financial risk

P/E Ratio

Fair Value

19.99x

P/E ratio in line with market averages

Price to Book

Fair Value

1.46x

Price-to-book ratio reasonable for profitable companies

Historical Earnings Comparison

Period	Revenue ($M)	EPS ($)	YoY Growth	Report
Q1 2025	2.48	0.08	-12.3%	View
Q4 2024	2.81	0.04	+2.6%	View
Q3 2024	3.07	0.07	+201.0%	View
Q2 2024	3.12	0.09	+222.3%	View
Q1 2024	2.83	0.03	+235.3%	View

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Standard Premium Finance Holdings Inc (SPFX) QQ2 2024 Results Analysis | Insurance Premium Financing Niche Shows Revenue Growth and High Gross Margin ...

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Standard Premium Finance (SPFX) Q1 2024 Earnings Report

Company Status Snapshot

Earnings Highlights

Executive Summary

Key Performance Indicators

Revenue Trend

Margin Analysis

Historical Earnings Comparison

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