PNBK (PNBK) financial statements
PNBK reported revenue of $30M in fiscal 2025, up 2.4% a year over 9 years.
Net income was -$13M.
Free cash flow was -$14M.
The diluted share count rose 1843% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from PNBK's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $24M | $27M | $30M | $28M | $26M | $30M | $37M | $35M | $28M | $30M |
| Interest expense | $3M | $7M | $12M | $18M | $14M | $7M | $11M | $30M | — | — |
| Pre-tax income | $3M | $7M | $4M | -$4M | -$4M | $5M | $8M | -$6M | -$16M | -$13M |
| Income tax | $1M | $3M | $890,000 | -$899,000 | -$337,000 | -$81,000 | $2M | -$1M | $24M | $59,000 |
| Net income | $2M | $4M | $3M | -$3M | -$4M | $5M | $6M | -$4M | -$40M | -$13M |
| EPS (diluted) | $0.49 | $1.06 | $0.82 | -$0.72 | -$0.97 | $1.29 | $1.55 | -$1.05 | -$10.03 | -$0.17 |
| Diluted shares | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 77M |
| Net margin | 8.1% | 15.2% | 10.8% | -10.1% | -14.6% | 17.2% | 16.7% | -12.1% | -140.2% | -42.9% |
Balance sheet
Fiscal years, from PNBK's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $92M | $49M | $66M | $39M | $35M | $47M | $38M | $67M | $163M | $207M |
| Property, plant and equipment | $33M | $35M | $35M | $35M | $33M | $32M | $31M | $30M | $29M | $28M |
| Goodwill | — | $2M | $2M | $1M | $1M | $1M | $1M | $0 | $0 | $0 |
| Total assets | $757M | $852M | $952M | $980M | $881M | $948M | $1.0B | $1.1B | $1.0B | $1.1B |
| Total liabilities | $694M | $785M | $882M | $913M | $818M | $881M | $984M | $1.0B | $1.0B | $993M |
| Shareholders' equity | $63M | $67M | $69M | $67M | $63M | $67M | $60M | $44M | $4M | $95M |
| Net debt | -$92M | -$49M | -$66M | -$39M | -$35M | -$47M | -$38M | -$67M | -$163M | -$207M |
Cash flow
Fiscal years, from PNBK's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $5M | $7M | $5M | -$12M | $6M | $8M | $7M | -$11M | $3M | -$14M |
| Capital spending | $4M | $3M | $1M | $552,000 | $70,000 | $430,000 | $414,000 | $412,000 | $55,000 | $172,000 |
| Free cash flow | $996,000 | $4M | $4M | -$12M | $6M | $7M | $7M | -$11M | $3M | -$14M |
| Stock-based compensation | $161,000 | $146,000 | $220,000 | $214,000 | $159,000 | $150,000 | $86,000 | $105,000 | $184,000 | $5M |
| Dividends paid | — | $77,000 | $154,000 | $155,000 | $0 | $0 | $0 | $0 | $0 | $0 |
| Share buybacks (net) | -$1M | -$2,000 | — | — | — | — | — | — | — | — |
| Free cash flow margin | 4.2% | 15.5% | 13.9% | -44.7% | 23.8% | 24.1% | 18.0% | -32.2% | 9.2% | -48.4% |
| Dividends per share | — | $0.02 | $0.04 | $0.04 | — | — | — | — | — | — |
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Open PNBK in InvestinglyQuestions
What was PNBK's revenue in 2025?
$30M in fiscal 2025, from its 10-K filing.
How much free cash flow does PNBK generate?
-$14M in fiscal 2025 (operating cash flow minus capital spending).
From PNBK's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.