CASH FY 2015 Earnings Report — Pathward Financial, Inc. Revenue & Financial Results | Market Cap Arena

Pathward Financial, Inc.CASH

FY 2015 Earnings

Reported December 14, 2015

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2015	Prior Q	FY 2014	QoQ Change	YoY Change
Revenue	$103M	—	$85M	—	21.6%
Op. Income	$19M	—	$19M	—	4.3%
Gross Margin	96.3%	—	95.8%	—	0.4pp
Net Margin	17.5%	—	18.5%	—	-1.0pp
EPS (Diluted)	$0.89	—	$0.84	—	6.0%
Free Cash Flow	$44M	—	$23M	—	87.0%

Revenue Flow

Item	Amount
REVENUE	$103M
Cost of Revenue	$4M
GROSS PROFIT	$99M
R&D Expenses	$0
Selling & Marketing	$2M
General & Administrative	$48M
SG&A Expenses	$49M
Other Expenses	$31M
Operating Expenses	$80M
Cost & Expenses	$84M
OPERATING INCOME	$19M
Interest Income	$62M
Interest Expense	$2M
Other Income/Expenses	$0
INCOME BEFORE TAX	$19M
Income Tax Expense	$1M
Net Income from Continuing Ops	$18M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$18M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$18M
D&A	$29M
EBIT	$19M
EBITDA	$48M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$103M
Cost of Revenue	$4M
GROSS PROFIT	$99M
R&D Expenses	$0
Selling & Marketing	$2M
General & Administrative	$48M
SG&A Expenses	$49M
Other Expenses	$31M
Operating Expenses	$80M
Cost & Expenses	$84M
OPERATING INCOME	$19M
Interest Income	$62M
Interest Expense	$2M
Other Income/Expenses	$0
INCOME BEFORE TAX	$19M
Income Tax Expense	$1M
Net Income from Continuing Ops	$18M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$18M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$18M
D&A	$29M
EBIT	$19M
EBITDA	$48M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$18M
Depreciation & Amortization	$29M
Stock-Based Compensation	$258.0K
Deferred Income Tax	-$4M
Other Non-Cash Items	$3M
Change in Working Capital	$3M
OPERATING CASH FLOW	$49M
Capital Expenditure	-$5M
Acquisitions (Net)	-$116M
Purchases of Investments	-$883M
Sales/Maturities of Investments	$701M
Other Investing Activities	-$151M
NET CASH FROM INVESTING	-$454M
Net Debt Issuance	-$116.0K
Common Stock Repurchased	$0
Common Dividends Paid	-$3M
Other Financing Activities	$406M
NET CASH FROM FINANCING	$403M
FREE CASH FLOW	$44M
Net Change in Cash	-$2M

Balance Sheet

Item	Amount
Cash & Equivalents	$28M
Short-Term Investments	$680M
Net Receivables	$19M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$735M
PP&E (Net)	$17M
Goodwill	$37M
Intangible Assets	$34M
Long-Term Investments	$1.6B
Tax Assets	$7M
Other Non-Current Assets	$71M
TOTAL NON-CURRENT ASSETS	$1.8B
TOTAL ASSETS	$2.5B
Account Payables	$272.0K
Short-Term Debt	$544M
Deferred Revenue	$0
Other Current Liabilities	$1.7B
TOTAL CURRENT LIABILITIES	$2.2B
Long-Term Debt	$17M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$331.0K
TOTAL NON-CURRENT LIABILITIES	$20M
TOTAL LIABILITIES	$2.3B
Common Stock	$82.0K
Additional Paid-In Capital	$171M
Retained Earnings	$98M
Treasury Stock	-$310.0K
Accum. Other Comp. Income	$2M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$271M
Minority Interest	$0
TOTAL EQUITY	$271M
TOTAL LIABILITIES & EQUITY	$2.5B
Total Debt	$561M
Net Debt	$534M