BBUC Q1 2020 Earnings Report — Brookfield Business Corporation Revenue & Financial Results | Market Cap Arena

Brookfield Business CorporationBBUC

Q1 2020 Earnings

Reported March 30, 2020

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q1 2020	Q4 2019	Q1 2019	QoQ Change	YoY Change
Revenue	$2.4B	—	—	—	—
Op. Income	$76M	—	—	—	—
Gross Margin	13.3%	—	—	—	—
Net Margin	-3.3%	—	—	—	—
EPS (Diluted)	$-0.85	—	—	—	—
Free Cash Flow	-$157M	—	—	—	—

Income Statement

Item	Amount
REVENUE	$2.4B
Cost of Revenue	$2.1B
GROSS PROFIT	$321M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$90M
SG&A Expenses	$90M
Other Expenses	$0
Operating Expenses	$270M
Cost & Expenses	$2.4B
OPERATING INCOME	$76M
Interest Income	$95M
Interest Expense	$0
Other Income/Expenses	-$275M
INCOME BEFORE TAX	-$44M
Income Tax Expense	$15M
Net Income from Continuing Ops	-$27M
Net Income from Discontinued Ops	$0
Other Adjustments	-$2M
NET INCOME	-$79M
Net Income Deductions	-$4M
BOTTOM LINE NET INCOME	-$75M
D&A	$151M
EBIT	$76M
EBITDA	$227M
EPS	-$1
EPS Diluted	-$1

Cash Flow Statement

Item	Amount
Net Income	-$79M
Depreciation & Amortization	$151M
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	-$86M
Change in Working Capital	-$27M
OPERATING CASH FLOW	-$41M
Capital Expenditure	-$116M
Acquisitions (Net)	-$13M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$89M
NET CASH FROM INVESTING	-$40M
Net Debt Issuance	$210M
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	-$163M
NET CASH FROM FINANCING	$49M
FREE CASH FLOW	-$157M
Net Change in Cash	-$113M