BLX Q1 2016 Earnings Report — Banco Latinoamericano de Comercio Exterior, S. A. Revenue & Financial Results | Market Cap Arena

Banco Latinoamericano de Comercio Exterior, S. A.BLX

Q1 2016 Earnings

Reported May 5, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q1 2016	Q4 2015	Q1 2015	QoQ Change	YoY Change
Revenue	$59M	—	—	—	—
Op. Income	$23M	—	—	—	—
Gross Margin	61.0%	—	—	—	—
Net Margin	40.0%	—	—	—	—
EPS (Diluted)	$0.60	—	—	—	—
Free Cash Flow	$434M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$59M
Cost of Revenue	$23M
GROSS PROFIT	$36M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$8M
SG&A Expenses	$8M
Other Expenses	$4M
Operating Expenses	$12M
Cost & Expenses	$35M
OPERATING INCOME	$23M
Interest Income	$61M
Interest Expense	$22M
Other Income/Expenses	$0
INCOME BEFORE TAX	$23M
Income Tax Expense	$0
Net Income from Continuing Ops	$23M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$23M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$23M
D&A	$441.0K
EBIT	$23M
EBITDA	$24M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$59M
Cost of Revenue	$23M
GROSS PROFIT	$36M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$8M
SG&A Expenses	$8M
Other Expenses	$4M
Operating Expenses	$12M
Cost & Expenses	$35M
OPERATING INCOME	$23M
Interest Income	$61M
Interest Expense	$22M
Other Income/Expenses	$0
INCOME BEFORE TAX	$23M
Income Tax Expense	$0
Net Income from Continuing Ops	$23M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$23M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$23M
D&A	$441.0K
EBIT	$23M
EBITDA	$24M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$23M
Depreciation & Amortization	$441.0K
Stock-Based Compensation	$659.0K
Deferred Income Tax	$0
Other Non-Cash Items	-$11M
Change in Working Capital	$420M
OPERATING CASH FLOW	$434M
Capital Expenditure	-$7.0K
Acquisitions (Net)	$0
Purchases of Investments	-$133M
Sales/Maturities of Investments	$74M
Other Investing Activities	$60.0K
NET CASH FROM INVESTING	-$59M
Net Debt Issuance	-$914M
Common Stock Repurchased	$0
Common Dividends Paid	$15M
Other Financing Activities	$0
NET CASH FROM FINANCING	-$899M
FREE CASH FLOW	$434M
Net Change in Cash	-$524M

Balance Sheet

Item	Amount
Cash & Equivalents	$771M
Short-Term Investments	$0
Net Receivables	$54M
Inventory	$0
Other Current Assets	$6.5B
TOTAL CURRENT ASSETS	$7.3B
PP&E (Net)	$6M
Goodwill	$0
Intangible Assets	$415.0K
Long-Term Investments	$332M
Tax Assets	-$6.9B
Other Non-Current Assets	$6.9B
TOTAL NON-CURRENT ASSETS	$338M
TOTAL ASSETS	$7.7B
Account Payables	$35M
Short-Term Debt	$1.5B
Deferred Revenue	$0
Other Current Liabilities	-$1.6B
TOTAL CURRENT LIABILITIES	$1.5B
Long-Term Debt	$1.9B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	-$1.9B
TOTAL NON-CURRENT LIABILITIES	$1.9B
TOTAL LIABILITIES	$6.7B
Common Stock	$280M
Additional Paid-In Capital	$119M
Retained Earnings	$569M
Treasury Stock	-$72M
Accum. Other Comp. Income	$87M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$983M
Minority Interest	$0
TOTAL EQUITY	$983M
TOTAL LIABILITIES & EQUITY	$7.7B
Total Debt	$3.4B
Net Debt	$2.6B