CASH FY 2016 Earnings Report — Pathward Financial, Inc. Revenue & Financial Results | Market Cap Arena

Pathward Financial, Inc.CASH

FY 2016 Earnings

Reported December 14, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2016	Prior Q	FY 2015	QoQ Change	YoY Change
Revenue	$151M	—	$103M	—	46.5%
Op. Income	$39M	—	$19M	—	99.9%
Gross Margin	94.3%	—	96.3%	—	-2.0pp
Net Margin	22.0%	—	17.5%	—	4.5pp
EPS (Diluted)	$1.31	—	$0.89	—	47.2%
Free Cash Flow	-$7M	—	$44M	—	-115.8%

Revenue Flow

Item	Amount
REVENUE	$151M
Cost of Revenue	$9M
GROSS PROFIT	$143M
R&D Expenses	$0
Selling & Marketing	$2M
General & Administrative	$63M
SG&A Expenses	$65M
Other Expenses	$39M
Operating Expenses	$104M
Cost & Expenses	$112M
OPERATING INCOME	$39M
Interest Income	$81M
Interest Expense	$4M
Other Income/Expenses	$0
INCOME BEFORE TAX	$39M
Income Tax Expense	$6M
Net Income from Continuing Ops	$33M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$33M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$33M
D&A	-$22.0K
EBIT	$39M
EBITDA	$39M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$151M
Cost of Revenue	$9M
GROSS PROFIT	$143M
R&D Expenses	$0
Selling & Marketing	$2M
General & Administrative	$63M
SG&A Expenses	$65M
Other Expenses	$39M
Operating Expenses	$104M
Cost & Expenses	$112M
OPERATING INCOME	$39M
Interest Income	$81M
Interest Expense	$4M
Other Income/Expenses	$0
INCOME BEFORE TAX	$39M
Income Tax Expense	$6M
Net Income from Continuing Ops	$33M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$33M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$33M
D&A	-$22.0K
EBIT	$39M
EBITDA	$39M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$33M
Depreciation & Amortization	-$22.0K
Stock-Based Compensation	$426.0K
Deferred Income Tax	-$230.0K
Other Non-Cash Items	-$34M
Change in Working Capital	$536.0K
OPERATING CASH FLOW	$55.0K
Capital Expenditure	-$7M
Acquisitions (Net)	-$81M
Purchases of Investments	-$903M
Sales/Maturities of Investments	$0
Other Investing Activities	$910M
NET CASH FROM INVESTING	-$81M
Net Debt Issuance	$75M
Common Stock Repurchased	$0
Common Dividends Paid	-$4M
Other Financing Activities	$12M
NET CASH FROM FINANCING	$82M
FREE CASH FLOW	-$7M
Net Change in Cash	$1M

Balance Sheet

Item	Amount
Cash & Equivalents	$774M
Short-Term Investments	$910M
Net Receivables	$17M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$1.7B
PP&E (Net)	$19M
Goodwill	$37M
Intangible Assets	$29M
Long-Term Investments	$2.1B
Tax Assets	$0
Other Non-Current Assets	$113M
TOTAL NON-CURRENT ASSETS	$2.3B
TOTAL ASSETS	$4.0B
Account Payables	$875.0K
Short-Term Debt	$1.1B
Deferred Revenue	$0
Other Current Liabilities	$2.4B
TOTAL CURRENT LIABILITIES	$3.6B
Long-Term Debt	$91M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$5M
Other Non-Current Liabilities	$0
TOTAL NON-CURRENT LIABILITIES	$97M
TOTAL LIABILITIES	$3.7B
Common Stock	$85.0K
Additional Paid-In Capital	$185M
Retained Earnings	$127M
Treasury Stock	$0
Accum. Other Comp. Income	$23M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$335M
Minority Interest	$0
TOTAL EQUITY	$335M
TOTAL LIABILITIES & EQUITY	$4.0B
Total Debt	$1.2B
Net Debt	$414M