First Foundation Inc.FFWMEarnings & Financial Report
NYSE · Financials · State Commercial Banks
John B. Lacson Colleges Foundation (Bacolod), Inc. is a private maritime college in Bacolod, Negros Occidental, Philippines.
Revenue
$51.1M
Gross Profit
N/A
Operating Profit
$-117.0K
Net Profit
$793.0K
Gross Margin
N/A
Operating Margin
-0.2%
Net Margin
1.6%
YoY Growth
-27.5%
EPS
$0.01
First Foundation Inc. Q1 FY2024 Financial Summary
First Foundation Inc. reported revenue of $51.1M (down 27.5% YoY) for Q1 FY2024, with a net profit of $793.0K (down 90.7% YoY) (1.6% margin).
Key Financial Metrics
| Total Revenue | $51.1M |
|---|---|
| Net Profit | $793.0K |
| Gross Margin | N/A |
| Operating Margin | -0.2% |
| Report Period | Q1 FY2024 |
First Foundation Inc. Annual Revenue by Year
First Foundation Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $234.8M).
| Year | Annual Revenue |
|---|---|
| 2025 | $234.8M |
| 2024 | $127.0M |
| 2023 | $35.3M |
| 2022 | $38.8M |
First Foundation Inc. Quarterly Revenue & Net Profit History
First Foundation Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $48.4M | +421.7% | $-8.0M | -97.9% |
| Q3 FY2025 | $63.6M | +594.1% | $-146.3M | -230.1% |
| Q2 FY2025 | $51.4M | -10.6% | $-7.7M | -15.0% |
| Q1 FY2025 | $71.4M | +39.8% | $6.9M | 9.7% |
| Q4 FY2024 | $9.3M | -83.6% | $-14.1M | -152.2% |
| Q3 FY2024 | $9.2M | -85.6% | $-82.2M | -896.9% |
| Q2 FY2024 | $57.5M | -5.9% | $3.1M | 5.4% |
| Q1 FY2024 | $51.1M | -27.5% | $793.0K | 1.6% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $51.1M | $57.5M | $9.2M | $9.3M | $71.4M | $51.4M | $63.6M | $48.4M |
| YoY Growth | -27.5% | -5.9% | -85.6% | -83.6% | 39.8% | -10.6% | 594.1% | 421.7% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $13.59B | $13.71B | $13.38B | $12.65B | $12.59B | $11.59B | $11.91B | $11.90B |
| Liabilities | $12.66B | $12.78B | $12.31B | $11.59B | $11.53B | $10.54B | $10.99B | $10.99B |
| Equity | $928.7M | $933.2M | $1.07B | $1.05B | $1.06B | $1.05B | $917.9M | $912.6M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $7.2M | $-9.1M | $14.2M | $-8.7M | $-552000 | $-16.3M | $9.2M | $-31.9M |