AVAH Q3 2020 Earnings Report — Aveanna Healthcare Holdings Inc. Revenue & Financial Results | Market Cap Arena

Aveanna Healthcare Holdings Inc.AVAH

Q3 2020 Earnings

Reported September 29, 2020

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q3 2020	Q2 2020	Q3 2019	QoQ Change	YoY Change
Revenue	$366M	$352M	—	4.1%	—
Op. Income	$13M	-$52M	—	124.8%	—
Gross Margin	31.2%	30.3%	—	0.9pp	—
Net Margin	-2.0%	-22.1%	—	20.0pp	—
EPS (Diluted)	$-0.04	$-0.43	—	90.4%	—
Free Cash Flow	$40M	$28M	—	40.4%	—

Income Statement

Item	Amount
REVENUE	$366M
Cost of Revenue	$252M
GROSS PROFIT	$114M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$92M
SG&A Expenses	$92M
Other Expenses	$9M
Operating Expenses	$101M
Cost & Expenses	$353M
OPERATING INCOME	$13M
Interest Income	$38.0K
Interest Expense	$19M
Other Income/Expenses	-$21M
INCOME BEFORE TAX	-$8M
Income Tax Expense	-$471.0K
Net Income from Continuing Ops	-$7M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	-$7M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	-$7M
D&A	$7M
EBIT	$11M
EBITDA	$19M
EPS	-$0
EPS Diluted	-$0

Cash Flow Statement

Item	Amount
Net Income	-$7M
Depreciation & Amortization	$7M
Stock-Based Compensation	$436.0K
Deferred Income Tax	$29.0K
Other Non-Cash Items	$2M
Change in Working Capital	$39M
OPERATING CASH FLOW	$42M
Capital Expenditure	-$2M
Acquisitions (Net)	-$49M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$0
NET CASH FROM INVESTING	-$51M
Net Debt Issuance	$176M
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	$20M
NET CASH FROM FINANCING	$196M
FREE CASH FLOW	$40M
Net Change in Cash	$186M