WMBDX Company Profile and Key Details

Over the trailing twelve months, WesMark Government Bond Fund generated $15.78M in revenue, or $0.64 per share. Gross margin was 100.00%, operating margin 82.87%, and net profit margin 32.15%. Returns are modest, with ROA at 1.42% and ROE at 2.15%.
On valuation metrics, WesMark Government Bond Fund trades at a P/E of 36.52, P/S of 10.43 and P/B of 0.80. Liquidity is tight, with a current ratio of 0.81 and quick ratio of 0.81. Operationally, the company’s inventory turnover is 0.00 and cash conversion cycle is 79.02 days. Debt-to-equity is 0.44, supported by a cash flow-to-debt ratio of 1.19.

For the quarter ended Sep 30, 2023, WesMark Government Bond Fund posted revenue of $15.78M, down slightly from $18.83M in the prior quarter. Gross profit was $15.78M (margin 100.00%). Operating income was $13.07M (margin 82.9%). Net income was$5.07M (EPS $0.21).
Total assets were $356.43M, with equity of $236.17M. Financials further reflected stability, with operating cash flow of $123.91M, free cash flow of $123.91M, and capital expenditures of $0.00.