CMCO FY 2019 Earnings Report — Columbus McKinnon Corporation Revenue & Financial Results | Market Cap Arena

Columbus McKinnon CorporationCMCO

FY 2019 Earnings

Reported May 27, 2020

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2019	Prior Q	FY 2018	QoQ Change	YoY Change
Revenue	$809M	—	$876M	—	-7.7%
Op. Income	$90M	—	$69M	—	29.4%
Gross Margin	35.0%	—	34.8%	—	0.2pp
Net Margin	7.4%	—	4.9%	—	2.5pp
EPS (Diluted)	$2.50	—	$1.80	—	38.9%
Free Cash Flow	$97M	—	$67M	—	44.9%

Revenue Flow

Item	Amount
REVENUE	$809M
Cost of Revenue	$526M
GROSS PROFIT	$283M
R&D Expenses	$11M
Selling & Marketing	$91M
General & Administrative	$78M
SG&A Expenses	$169M
Other Expenses	$13M
Operating Expenses	$193M
Cost & Expenses	$719M
OPERATING INCOME	$90M
Interest Income	$0
Interest Expense	$14M
Other Income/Expenses	-$13M
INCOME BEFORE TAX	$77M
Income Tax Expense	$17M
Net Income from Continuing Ops	$60M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$60M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$60M
D&A	$37M
EBIT	$92M
EBITDA	$129M
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$809M
Cost of Revenue	$526M
GROSS PROFIT	$283M
R&D Expenses	$11M
Selling & Marketing	$91M
General & Administrative	$78M
SG&A Expenses	$169M
Other Expenses	$13M
Operating Expenses	$193M
Cost & Expenses	$719M
OPERATING INCOME	$90M
Interest Income	$0
Interest Expense	$14M
Other Income/Expenses	-$13M
INCOME BEFORE TAX	$77M
Income Tax Expense	$17M
Net Income from Continuing Ops	$60M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$60M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$60M
D&A	$37M
EBIT	$92M
EBITDA	$129M
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$60M
Depreciation & Amortization	$29M
Stock-Based Compensation	$5M
Deferred Income Tax	$7M
Other Non-Cash Items	$10M
Change in Working Capital	-$4M
OPERATING CASH FLOW	$107M
Capital Expenditure	-$9M
Acquisitions (Net)	-$214.0K
Purchases of Investments	-$6M
Sales/Maturities of Investments	$5M
Other Investing Activities	$51.0K
NET CASH FROM INVESTING	-$10M
Net Debt Issuance	-$51M
Common Stock Repurchased	$0
Common Dividends Paid	-$6M
Other Financing Activities	-$768.0K
NET CASH FROM FINANCING	-$52M
FREE CASH FLOW	$97M
Net Change in Cash	$43M

Balance Sheet

Item	Amount
Cash & Equivalents	$114M
Short-Term Investments	$0
Net Receivables	$124M
Inventory	$127M
Other Current Assets	$0
TOTAL CURRENT ASSETS	$383M
PP&E (Net)	$79M
Goodwill	$320M
Intangible Assets	$218M
Long-Term Investments	$7M
Tax Assets	$26M
Other Non-Current Assets	$60M
TOTAL NON-CURRENT ASSETS	$711M
TOTAL ASSETS	$1.1B
Account Payables	$57M
Short-Term Debt	$4M
Deferred Revenue	$14M
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$155M
Long-Term Debt	$247M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$18M
Other Non-Current Liabilities	$178M
TOTAL NON-CURRENT LIABILITIES	$474M
TOTAL LIABILITIES	$630M
Common Stock	$238.0K
Additional Paid-In Capital	$287M
Retained Earnings	$290M
Treasury Stock	$0
Accum. Other Comp. Income	-$114M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$464M
Minority Interest	$0
TOTAL EQUITY	$464M
TOTAL LIABILITIES & EQUITY	$1.1B
Total Debt	$290M
Net Debt	$175M