BRKR FY 2007 Earnings Report — Bruker Corporation Revenue & Financial Results | Market Cap Arena

Bruker CorporationBRKR

FY 2007 Earnings

Reported March 17, 2008

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2007	Prior Q	FY 2006	QoQ Change	YoY Change
Revenue	$548M	—	$436M	—	25.6%
Op. Income	$50M	—	$31M	—	63.0%
Gross Margin	46.2%	—	45.7%	—	0.5pp
Net Margin	5.8%	—	4.2%	—	1.5pp
EPS (Diluted)	$0.60	—	$0.18	—	233.3%
Free Cash Flow	$12M	—	$30M	—	-59.7%

Revenue Flow

Item	Amount
REVENUE	$548M
Cost of Revenue	$294M
GROSS PROFIT	$253M
R&D Expenses	$58M
Selling & Marketing	$0
General & Administrative	$140M
SG&A Expenses	$140M
Other Expenses	$0
Operating Expenses	$199M
Cost & Expenses	$493M
OPERATING INCOME	$50M
Interest Income	$0
Interest Expense	$12M
Other Income/Expenses	-$89M
INCOME BEFORE TAX	$49M
Income Tax Expense	$17M
Net Income from Continuing Ops	$32M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$32M
Net Income Deductions	-$67M
BOTTOM LINE NET INCOME	$99M
D&A	$13M
EBIT	$50M
EBITDA	$63M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$548M
Cost of Revenue	$294M
GROSS PROFIT	$253M
R&D Expenses	$58M
Selling & Marketing	$0
General & Administrative	$140M
SG&A Expenses	$140M
Other Expenses	$0
Operating Expenses	$199M
Cost & Expenses	$493M
OPERATING INCOME	$50M
Interest Income	$0
Interest Expense	$12M
Other Income/Expenses	-$89M
INCOME BEFORE TAX	$49M
Income Tax Expense	$17M
Net Income from Continuing Ops	$32M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$32M
Net Income Deductions	-$67M
BOTTOM LINE NET INCOME	$99M
D&A	$13M
EBIT	$50M
EBITDA	$63M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$32M
Depreciation & Amortization	$13M
Stock-Based Compensation	$2M
Deferred Income Tax	-$2M
Other Non-Cash Items	$2M
Change in Working Capital	-$18M
OPERATING CASH FLOW	$28M
Capital Expenditure	-$16M
Acquisitions (Net)	-$4M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$304.0K
NET CASH FROM INVESTING	-$21M
Net Debt Issuance	-$10M
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	$0
NET CASH FROM FINANCING	$9M
FREE CASH FLOW	$12M
Net Change in Cash	$21M

Balance Sheet

Item	Amount
Cash & Equivalents	$73M
Short-Term Investments	$0
Net Receivables	$122M
Inventory	$171M
Other Current Assets	$36M
TOTAL CURRENT ASSETS	$396M
PP&E (Net)	$103M
Goodwill	$41M
Intangible Assets	$4M
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$10M
TOTAL NON-CURRENT ASSETS	$158M
TOTAL ASSETS	$553M
Account Payables	$33M
Short-Term Debt	$32M
Deferred Revenue	$24M
Other Current Liabilities	$115M
TOTAL CURRENT LIABILITIES	$253M
Long-Term Debt	$6M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$35M
TOTAL NON-CURRENT LIABILITIES	$41M
TOTAL LIABILITIES	$294M
Common Stock	$1M
Additional Paid-In Capital	$172M
Retained Earnings	$48M
Treasury Stock	$0
Accum. Other Comp. Income	$38M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$259M
Minority Interest	$538.0K
TOTAL EQUITY	$259M
TOTAL LIABILITIES & EQUITY	$553M
Total Debt	$38M
Net Debt	-$35M