First National Corporation (FXNC) — Financial statements
Income statement, balance sheet, and cash flow for First National Corporation — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 112↑27.1% | 88↑30.0% | 68↑11.9% | 61↑31.4% | 46 | |
| Cost of Revenue | 29↓8.1% | 32↑55.0% | 20↑260.8% | 6↑242.8% | 2 | |
| Gross Profit | 83↑46.9% | 57↑19.3% | 47↓13.8% | 55↑23.6% | 45 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 42↑61.6% | 26↑19.9% | 22↑2.4% | 21↑16.7% | 18 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 1↑14.0% | 0.91↑11.9% | 0.81↑22.1% | 0.67 | |
| SG&A Expenses | 42↑55.4% | 27↑19.7% | 23↑2.7% | 22↑16.9% | 19 | |
| Other Expenses | 19↓11.0% | 21↑64.7% | 13↑6.2% | 12↓3.9% | 13 | |
| Operating Expenses | 61↑26.0% | 49↑36.2% | 36↑4.0% | 34↑8.5% | 32 | |
| Total Costs & Expenses | 90↑12.5% | 80↑43.1% | 56↑40.4% | 40↑20.2% | 33 | |
| Operating Results | ||||||
| Operating Income | 22↑172.7% | 8↓31.8% | 12↓43.1% | 21↑60.3% | 13 | |
| Depreciation & Amortization | 0.00↓100.0% | 2↑48.5% | 2↑6.4% | 2↑8.1% | 1 | |
| EBITDA | 22↑110.0% | 10↓22.2% | 13↓39.7% | 22↑55.1% | 14 | |
| EBIT | 22↑172.7% | 8↓31.8% | 12↓43.1% | 21↑60.3% | 13 | |
| Interest & Other Income | ||||||
| Net Interest Income | 73↑40.2% | 52↑20.7% | 43↓4.8% | 45↑30.9% | 35 | |
| Interest Income | 99↑30.7% | 76↑32.1% | 58↑16.8% | 49↑33.0% | 37 | |
| Interest Expense | 26↑10.0% | 24↑66.8% | 14↑274.5% | 4↑65.8% | 2 | |
| 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 | 22↑172.7% | 8↓31.8% | 12↓43.1% | 21↑60.3% | 13 | |
| Income Tax Expense | 4↑292.0% | 1↓50.4% | 2↓44.8% | 4↑52.8% | 3 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 18↑154.1% | 7↓27.6% | 10↓42.7% | 17↑62.1% | 10 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 18↑154.1% | 7↓27.6% | 10↓42.7% | 17↑62.1% | 10 | |
| Bottom-Line Net Income | 18↑154.1% | 7↓27.6% | 10↓42.7% | 17↑62.1% | 10 | |
| EPS (Basic) | 1.97↑97.0% | 1.00↓35.1% | 1.54↓42.8% | 2.69↑43.9% | 1.87 | |
| EPS (Diluted) | 1.96↑96.0% | 1.00↓34.6% | 1.53↓42.9% | 2.68↑44.1% | 1.86 | |
| Weighted Average Shares | 9↑29.1% | 7↑11.2% | 6↑0.2% | 6↑12.6% | 6 | |
| Weighted Average Diluted Shares | 9↑29.3% | 7↑11.0% | 6↑0.3% | 6↑12.6% | 6 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.