BRBR FY 2017 Earnings Report — BellRing Brands, Inc. Revenue & Financial Results | Market Cap Arena

BellRing Brands, Inc.BRBR

FY 2017 Earnings

Reported September 29, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2017	Prior Q	FY 2016	QoQ Change	YoY Change
Revenue	$713M	—	$575M	—	24.1%
Op. Income	$92M	—	$32M	—	190.5%
Gross Margin	34.5%	—	31.2%	—	3.3pp
Net Margin	4.9%	—	3.5%	—	1.5pp
EPS (Diluted)	$1.03	—	$0.58	—	77.6%
Free Cash Flow	$77M	—	$36M	—	110.2%

Revenue Flow

Item	Amount
REVENUE	$713M
Cost of Revenue	$467M
GROSS PROFIT	$246M
R&D Expenses	$7M
Selling & Marketing	$0
General & Administrative	$131M
SG&A Expenses	$131M
Other Expenses	$23M
Operating Expenses	$154M
Cost & Expenses	$621M
OPERATING INCOME	$92M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	-$27M
INCOME BEFORE TAX	$66M
Income Tax Expense	$30M
Net Income from Continuing Ops	$35M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$35M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$35M
D&A	$25M
EBIT	$92M
EBITDA	$117M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$713M
Cost of Revenue	$467M
GROSS PROFIT	$246M
R&D Expenses	$7M
Selling & Marketing	$0
General & Administrative	$131M
SG&A Expenses	$131M
Other Expenses	$23M
Operating Expenses	$154M
Cost & Expenses	$621M
OPERATING INCOME	$92M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	-$27M
INCOME BEFORE TAX	$66M
Income Tax Expense	$30M
Net Income from Continuing Ops	$35M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$35M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$35M
D&A	$25M
EBIT	$92M
EBITDA	$117M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$35M
Depreciation & Amortization	$25M
Stock-Based Compensation	$31M
Deferred Income Tax	-$1M
Other Non-Cash Items	$4M
Change in Working Capital	-$9M
OPERATING CASH FLOW	$80M
Capital Expenditure	-$4M
Acquisitions (Net)	$6M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$6M
NET CASH FROM INVESTING	$2M
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	-$84M
NET CASH FROM FINANCING	-$84M
FREE CASH FLOW	$77M
Net Change in Cash	-$1M

Balance Sheet

Item	Amount
Cash & Equivalents	$8M
Short-Term Investments	$0
Net Receivables	$63M
Inventory	$86M
Other Current Assets	$0
TOTAL CURRENT ASSETS	$166M
PP&E (Net)	$10M
Goodwill	$66M
Intangible Assets	$342M
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$100.0K
TOTAL NON-CURRENT ASSETS	$417M
TOTAL ASSETS	$583M
Account Payables	$48M
Short-Term Debt	$2M
Deferred Revenue	$23M
Other Current Liabilities	$13M
TOTAL CURRENT LIABILITIES	$77M
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$22M
Other Non-Current Liabilities	$0
TOTAL NON-CURRENT LIABILITIES	$22M
TOTAL LIABILITIES	$99M
Common Stock	$485M
Additional Paid-In Capital	$0
Retained Earnings	$0
Treasury Stock	$0
Accum. Other Comp. Income	-$1M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$484M
Minority Interest	$0
TOTAL EQUITY	$484M
TOTAL LIABILITIES & EQUITY	$583M
Total Debt	$2M
Net Debt	-$6M