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Medallion Financial Corp (MFIN) Files 10-K for the Fiscal Year Ended on December 31, 2018

- By insider

Medallion Financial Corp (MFIN) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Medallion Financial Corp is a specialty finance company that originates, acquires, and services loans that finance taxicab medallions and various types of commercial businesses. The company operates through Lending and Investing operation segments. Medallion Financial Corp has a market cap of $160.550 million; its shares were traded at around $6.57 with and P/S ratio of 2.43.


For the last quarter Medallion Financial Corp reported a revenue of $50.6 million, compared with the revenue of $14.59 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $101.6 million, an increase of 1604.1% from last year. For the last five years Medallion Financial Corp had an average revenue growth rate of 1.1% a year.

The reported loss per diluted share was $1.034 for the year, compared with the earnings per share of $0.97 in the previous year. The profitability rank of the company is 1 (out of 10).

At the end of the fiscal year, Medallion Financial Corp has the cash and cash equivalents of $57.7 million, compared with $12.7 million in the previous year. The long term debt was $158.8 million, compared with $327.6 million in the previous year. Medallion Financial Corp has a financial strength rank of 4 (out of 10).

At the current stock price of $6.57, Medallion Financial Corp is traded at 62% discount to its historical median P/S valuation band of $17.29. The P/S ratio of the stock is 2.43, while the historical median P/S ratio is 6.41. The stock gained 41.43% during the past 12 months.

For the complete 20-year historical financial data of MFIN, click here.

This article first appeared on GuruFocus.