Elmira Savings Bank / Estimates

Fiscal Year	Revenue	Net income	Net margin	Free cash flow	FCF margin
2020	€20.50M +12.3%	€3.58M +19.3%	17.5% +0.010 pp	€3.33M +221.6%	16.3% +0.11 pp
2019	€18.27M +0.5%	€3.00M -17.8%	16.4% -0.037 pp	€1.04M -87.5%	5.7% -0.40 pp
2018	€18.17M -4.1%	€3.65M -12.6%	20.1% -0.020 pp	€8.29M -21.6%	45.6% -0.10 pp
2017	€18.94M -1.9%	€4.18M +11.9%	22.1% +0.027 pp	€10.57M +85.0%	55.8% +0.26 pp
2016	€19.32M +6.6%	€3.74M +5.2%	19.3% -0.0026 pp	€5.71M +7.6%	29.6% +0.0028 pp
2015	€18.11M +4.2%	€3.55M +12.5%	19.6% +0.014 pp	€5.31M +0.2%	29.3% -0.012 pp
2014	€17.38M -2.1%	€3.16M -27.5%	18.2% -0.064 pp	€5.30M -36.1%	30.5% -0.16 pp
2013	€17.76M -2.5%	€4.35M -3.1%	24.5% -0.0014 pp	€8.29M +7.3%	46.7% +0.042 pp
2012	€18.21M +4.3%	€4.49M +3.7%	24.7% -0.0014 pp	€7.73M +52.7%	42.4% +0.13 pp
2011	€17.47M +3.9%	€4.33M +4.1%	24.8% +0.00032 pp	€5.06M -20.6%	29.0% -0.089 pp
2010	€16.81M -4.1%	€4.16M +6.8%	24.8% +0.025 pp	€6.37M +43.7%	37.9% +0.13 pp
2009	€17.52M +13.9%	€3.90M +50.0%	22.3% +0.054 pp	€4.43M +40.3%	25.3% +0.048 pp
2008	€15.39M +36.3%	€2.60M +44.1%	16.9% +0.0092 pp	€3.16M -13.7%	20.5% -0.12 pp
2007	€11.30M +574.8%	€1.80M -899.6%	16.0% +0.29 pp	€3.66M +121.0%	32.4% -0.67 pp
2006	€1.67M -84.9%	-€225.73K -109.4%	-13.5% -0.35 pp	€1.66M -58.8%	98.9% +0.63 pp
2005	€11.06M +2.9%	€2.40M +7.0%	21.7% +0.0084 pp	€4.01M -55.7%	36.3% -0.48 pp
2004	€10.75M -0.9%	€2.24M +6.4%	20.8% +0.014 pp	€9.07M -845.2%	84.3% +0.96 pp
2003	€10.85M +7.8%	€2.10M +4.6%	19.4% -0.0059 pp	-€1.22M -149.1%	-11.2% -0.36 pp
2002	€10.07M +4.2%	€2.01M +2.8%	20.0% -0.0026 pp	€2.48M -50.7%	24.6% -0.27 pp
2001	€9.67M +2.0%	€1.96M +12.6%	20.2% +0.019 pp	€5.02M +147.3%	52.0% +0.31 pp
2000	€9.48M +2.5%	€1.74M +24.1%	18.3% +0.032 pp	€2.03M -38.9%	21.4% -0.15 pp
1999	€9.25M +12.9%	€1.40M +22.9%	15.1% +0.012 pp	€3.32M +52.2%	35.9% +0.093 pp
1998	€8.19M -8.5%	€1.14M +46.9%	13.9% +0.052 pp	€2.18M -31.5%	26.7% -0.089 pp
1997	€8.96M +9.5%	€775.39K +50.0%	8.7% +0.023 pp	€3.19M -11.9%	35.6% -0.086 pp
1996	€8.18M -1.0%	€516.93K +100.0%	6.3% +0.032 pp	€3.62M +4,100.0%	44.2% +0.43 pp
1995	€8.27M -1.0%	€258.46K -25.0%	3.1% -0.010 pp	€86.15K -97.6%	1.0% -0.42 pp
1994	€8.36M -3.0%	€344.62K -29.8%	4.1% -0.016 pp	€3.62M +13.2%	43.3% +0.062 pp
1993	€8.62M +1,566.7%	€491.08K -48.2%	5.7% -1.8 pp	€3.20M +32.5%	37.1% -4.3 pp
1992	€516.93K -700.0%	€947.70K +57.1%	183.3% +8.8 pp	€2.41M -9.7%	466.7% +36 pp
1991	-€86.15K +0.0%	€603.08K -12.5%	-700.0% +1.0 pp	€2.67M -6.6%	-3,100.0% +2.2 pp
1990	-€86.15K -87.5%	€689.24K -20.0%	-800.0% -6.8 pp	€2.86M +93.0%	-3,320.0% -31 pp
1989	-€689.24K +0.0%	€861.55K -23.1%	-125.0% +0.38 pp	€1.48M -38.1%	-215.0% +1.3 pp
1988	-€689.24K	€1.12M	-162.5%	€2.40M	-347.5%