Farmers & Merchants Bancorp Financials

Values in thousands	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Revenue	$47,775	$48,610	$47,814	$47,099
Gross Profit	31,613	31,249	29,946	28,630
EBITDA	12,335	12,833	13,293	11,361
EBIT			11,234	9,698
Net Income	9,578	9,793	8,854	7,710
Net Change In Cash	47,775	48,610	47,814	47,099
Free Cash Flow	7,651	13,864	10,725	385
Cash	172,847	98,747	117,946	89,588
Basic Shares	13,793	13,793	13,541	13,541

Values in thousands	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Revenue	$189,094	$176,563	$152,047	$113,658
Gross Profit	117,753	98,630	91,892	94,696
EBITDA	42,525	38,945	34,128	44,493
EBIT		32,573	28,354	40,475
Net Income	33,309	25,938	22,787	32,515
Net Change In Cash	189,094	176,563	152,047	113,658
Cost of Revenue				-96,414
Free Cash Flow	34,619	30,603	11,217	38,069
Cash	98,747	177,337	143,657	87,527
Basic Shares	13,667	13,419	13,641	13,091