BIRK FY 2022 Earnings Report — Birkenstock Holding plc Revenue & Financial Results | Market Cap Arena

Birkenstock Holding plcBIRK

FY 2022 Earnings

Reported September 29, 2022

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2022	Prior Q	FY 2021	QoQ Change	YoY Change
Revenue	$1.5B	—	—	—	—
Op. Income	$424M	—	—	—	—
Gross Margin	60.3%	—	—	—	—
Net Margin	15.1%	—	—	—	—
EPS (Diluted)	$1.32	—	—	—	—
Free Cash Flow	$189M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$1.5B
Cost of Revenue	$576M
GROSS PROFIT	$877M
R&D Expenses	$0
Selling & Marketing	$212M
General & Administrative	$217M
SG&A Expenses	$429M
Other Expenses	$23M
Operating Expenses	$452M
Cost & Expenses	$1.0B
OPERATING INCOME	$424M
Interest Income	$105.2K
Interest Expense	$97M
Other Income/Expenses	-$132M
INCOME BEFORE TAX	$293M
Income Tax Expense	$74M
Net Income from Continuing Ops	$219M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$219M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$219M
D&A	$95M
EBIT	$390M
EBITDA	$485M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$1.5B
Cost of Revenue	$576M
GROSS PROFIT	$877M
R&D Expenses	$0
Selling & Marketing	$212M
General & Administrative	$217M
SG&A Expenses	$429M
Other Expenses	$23M
Operating Expenses	$452M
Cost & Expenses	$1.0B
OPERATING INCOME	$424M
Interest Income	$105.2K
Interest Expense	$97M
Other Income/Expenses	-$132M
INCOME BEFORE TAX	$293M
Income Tax Expense	$74M
Net Income from Continuing Ops	$219M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$219M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$219M
D&A	$95M
EBIT	$390M
EBITDA	$485M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$219M
Depreciation & Amortization	$102M
Stock-Based Compensation	$0
Deferred Income Tax	$74M
Other Non-Cash Items	$48M
Change in Working Capital	-$170M
OPERATING CASH FLOW	$274M
Capital Expenditure	-$85M
Acquisitions (Net)	-$1M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$2M
NET CASH FROM INVESTING	-$84M
Net Debt Issuance	-$41M
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	-$82M
NET CASH FROM FINANCING	-$123M
FREE CASH FLOW	$189M
Net Change in Cash	$84M

Balance Sheet

Item	Amount
Cash & Equivalents	$359M
Short-Term Investments	$0
Net Receivables	$115M
Inventory	$626M
Other Current Assets	$10M
TOTAL CURRENT ASSETS	$1.1B
PP&E (Net)	$372M
Goodwill	$2.0B
Intangible Assets	$2.1B
Long-Term Investments	$0
Tax Assets	$5M
Other Non-Current Assets	$19M
TOTAL NON-CURRENT ASSETS	$4.5B
TOTAL ASSETS	$5.6B
Account Payables	$67M
Short-Term Debt	$54M
Deferred Revenue	$5M
Other Current Liabilities	$117M
TOTAL CURRENT LIABILITIES	$379M
Long-Term Debt	$2.2B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$109M
Other Non-Current Liabilities	$39M
TOTAL NON-CURRENT LIABILITIES	$2.5B
TOTAL LIABILITIES	$2.8B
Common Stock	$214M
Additional Paid-In Capital	$2.2B
Retained Earnings	$176M
Treasury Stock	$0
Accum. Other Comp. Income	$152M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$2.8B
Minority Interest	$0
TOTAL EQUITY	$2.8B
TOTAL LIABILITIES & EQUITY	$5.6B
Total Debt	$2.4B
Net Debt	$2.0B