Ames National Corporation (ATLO) — Financial statements
Income statement, balance sheet, and cash flow for Ames National Corporation — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 98↑6.3% | 92↑10.7% | 84↑17.2% | 71↑0.3% | 71 | |
| Cost of Revenue | 33↓13.3% | 38↑25.5% | 30↑309.8% | 7↑99.4% | 4 | |
| Gross Profit | 65↑20.1% | 54↑2.2% | 53↓16.9% | 64↓5.2% | 67 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 21↓21.1% | 26↑6.3% | 25↑5.3% | 24↑2.9% | 23 | |
| Selling & Marketing Expenses | 0.49 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 21↓19.3% | 26↑6.3% | 25↑5.3% | 24↑2.9% | 23 | |
| Other Expenses | 21↑32.0% | 16↑1.7% | 15↑1.8% | 15↑9.9% | 14 | |
| Operating Expenses | 42↓0.1% | 42↑4.5% | 40↑3.9% | 39↑5.5% | 37 | |
| Total Costs & Expenses | 75↓6.4% | 80↑13.6% | 71↑53.3% | 46↑14.2% | 40 | |
| Operating Results | ||||||
| Operating Income | 23↑89.6% | 12↓5.0% | 13↓48.8% | 25↓18.0% | 31 | |
| Depreciation & Amortization | 1↓13.6% | 2↓3.4% | 2↓12.3% | 2↓1.4% | 2 | |
| EBITDA | 25↑77.0% | 14↓4.8% | 15↓46.1% | 27↓16.9% | 33 | |
| EBIT | 23↑89.6% | 12↓5.0% | 13↓48.8% | 25↓18.0% | 31 | |
| Interest & Other Income | ||||||
| Net Interest Income | 56↑23.8% | 45↑0.8% | 45↓16.2% | 53↓4.9% | 56 | |
| Interest Income | 87↑5.4% | 83↑11.2% | 74↑20.7% | 62↑1.8% | 60 | |
| Interest Expense | 31↓16.5% | 38↑26.8% | 30↑257.2% | 8↑85.3% | 4 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | 0.66 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | 24↑95.0% | 12↓5.0% | 13↓48.8% | 25↓18.0% | 31 | |
| Income Tax Expense | 5↑139.2% | 2↓2.4% | 2↓64.7% | 6↓13.2% | 7 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 19↑86.2% | 10↓5.5% | 11↓43.9% | 19↓19.3% | 24 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 19↑86.2% | 10↓5.5% | 11↓43.9% | 19↓19.3% | 24 | |
| Bottom-Line Net Income | 19↑86.2% | 10↓5.5% | 11↓43.9% | 19↓19.3% | 24 | |
| EPS (Basic) | 2.14↑87.7% | 1.14↓5.0% | 1.20↓43.9% | 2.14↓18.3% | 2.62 | |
| EPS (Diluted) | 2.14↑87.7% | 1.14↓5.0% | 1.20↓43.9% | 2.14↓18.3% | 2.62 | |
| Weighted Average Shares | 9↓0.8% | 9↓0.3% | 9↓0.2% | 9↓0.9% | 9 | |
| Weighted Average Diluted Shares | 9↓0.8% | 9↓0.0% | 9↓0.5% | 9↓0.9% | 9 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.