Primis Financial Corp (FRST) — Financial statements
Income statement, balance sheet, and cash flow for Primis Financial Corp — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 313↑23.0% | 254↑6.8% | 238↑67.9% | 142↑14.5% | 124 | |
| Cost of Revenue | 101↓35.6% | 157↑24.5% | 126↑284.8% | 33↑148.2% | 13 | |
| Gross Profit | 211↑118.4% | 97↓13.2% | 111↑2.4% | 109↓1.5% | 110 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 93↑35.1% | 69↑12.1% | 62↑23.6% | 50↑32.9% | 38 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 2↑4.8% | 2↓40.7% | 3↑77.7% | 2 | |
| SG&A Expenses | 93↑31.4% | 71↑11.9% | 64↑19.9% | 53↑34.9% | 39 | |
| Other Expenses | 45↓16.9% | 55↓7.6% | 59↑53.5% | 38↑21.7% | 32 | |
| Operating Expenses | 139↑10.4% | 126↑2.5% | 123↑34.1% | 91↑29.0% | 71 | |
| Total Costs & Expenses | 240↓15.2% | 283↑13.6% | 249↑100.3% | 124↑47.7% | 84 | |
| Operating Results | ||||||
| Operating Income | 73↑351.0% | -29↓158.5% | -11↓164.5% | 17↓56.2% | 40 | |
| Depreciation & Amortization | 0.00↓100.0% | 9↓1.8% | 9↑22.3% | 7↓7.5% | 8 | |
| EBITDA | 73↑463.2% | -20↓857.6% | -2↓108.4% | 25↓48.0% | 48 | |
| EBIT | 73↑351.0% | -29↓158.5% | -11↓164.5% | 17↓56.2% | 40 | |
| Interest & Other Income | ||||||
| Net Interest Income | 111↑6.9% | 104↑5.6% | 99↓2.9% | 102↑8.1% | 94 | |
| Interest Income | 200↓5.0% | 211↑9.5% | 193↑56.2% | 123↑9.0% | 113 | |
| Interest Expense | 89↓16.6% | 107↑13.7% | 94↑335.0% | 22↑13.4% | 19 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | 73↑351.0% | -29↓158.5% | -11↓164.5% | 17↓56.2% | 40 | |
| Income Tax Expense | 15↑447.2% | -4↓297.2% | -1↓133.5% | 3↓63.3% | 9 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 58↑334.5% | -25↓143.9% | -10↓171.5% | 14↓54.2% | 31 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00↓100.0% | 0.23 | |
| Net Income | 61↑479.2% | -16↓106.9% | -8↓155.4% | 14↓54.5% | 31 | |
| Bottom-Line Net Income | 61↑479.2% | -16↓106.9% | -8↓155.4% | 14↓54.5% | 31 | |
| EPS (Basic) | 2.49↑477.3% | -0.66↓106.3% | -0.32↓155.2% | 0.58↓54.7% | 1.28 | |
| EPS (Diluted) | 2.49↑477.3% | -0.66↓106.3% | -0.32↓156.1% | 0.57↓54.8% | 1.26 | |
| Weighted Average Shares | 25↓0.1% | 25↓0.7% | 25↑1.2% | 25↑0.5% | 24 | |
| Weighted Average Diluted Shares | 25↓0.0% | 25↑0.0% | 25↑0.1% | 25↑0.3% | 25 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.