CMCO FY 2021 Earnings Report — Columbus McKinnon Corporation Revenue & Financial Results | Market Cap Arena

Columbus McKinnon CorporationCMCO

FY 2021 Earnings

Reported May 25, 2022

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2021	Prior Q	FY 2020	QoQ Change	YoY Change
Revenue	$907M	—	$650M	—	39.5%
Op. Income	$74M	—	$42M	—	74.6%
Gross Margin	34.8%	—	33.9%	—	0.9pp
Net Margin	3.3%	—	1.4%	—	1.9pp
EPS (Diluted)	$1.04	—	$0.38	—	173.7%
Free Cash Flow	$36M	—	$87M	—	-58.7%

Revenue Flow

Item	Amount
REVENUE	$907M
Cost of Revenue	$591M
GROSS PROFIT	$316M
R&D Expenses	$15M
Selling & Marketing	$99M
General & Administrative	$102M
SG&A Expenses	$201M
Other Expenses	$25M
Operating Expenses	$242M
Cost & Expenses	$833M
OPERATING INCOME	$74M
Interest Income	$0
Interest Expense	$20M
Other Income/Expenses	-$35M
INCOME BEFORE TAX	$38M
Income Tax Expense	$9M
Net Income from Continuing Ops	$30M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$30M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$30M
D&A	$50M
EBIT	$56M
EBITDA	$106M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$907M
Cost of Revenue	$591M
GROSS PROFIT	$316M
R&D Expenses	$15M
Selling & Marketing	$99M
General & Administrative	$102M
SG&A Expenses	$201M
Other Expenses	$25M
Operating Expenses	$242M
Cost & Expenses	$833M
OPERATING INCOME	$74M
Interest Income	$0
Interest Expense	$20M
Other Income/Expenses	-$35M
INCOME BEFORE TAX	$38M
Income Tax Expense	$9M
Net Income from Continuing Ops	$30M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$30M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$30M
D&A	$50M
EBIT	$56M
EBITDA	$106M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$30M
Depreciation & Amortization	$42M
Stock-Based Compensation	$11M
Deferred Income Tax	-$2M
Other Non-Cash Items	$25M
Change in Working Capital	-$57M
OPERATING CASH FLOW	$49M
Capital Expenditure	-$13M
Acquisitions (Net)	-$540M
Purchases of Investments	-$7M
Sales/Maturities of Investments	$4M
Other Investing Activities	$1M
NET CASH FROM INVESTING	-$554M
Net Debt Issuance	$247M
Common Stock Repurchased	$0
Common Dividends Paid	-$7M
Other Financing Activities	-$30M
NET CASH FROM FINANCING	$421M
FREE CASH FLOW	$36M
Net Change in Cash	-$87M

Balance Sheet

Item	Amount
Cash & Equivalents	$115M
Short-Term Investments	$0
Net Receivables	$148M
Inventory	$172M
Other Current Assets	$32M
TOTAL CURRENT ASSETS	$467M
PP&E (Net)	$98M
Goodwill	$649M
Intangible Assets	$391M
Long-Term Investments	$10M
Tax Assets	$2M
Other Non-Current Assets	$69M
TOTAL NON-CURRENT ASSETS	$1.2B
TOTAL ASSETS	$1.7B
Account Payables	$91M
Short-Term Debt	$41M
Deferred Revenue	$23M
Other Current Liabilities	$37M
TOTAL CURRENT LIABILITIES	$250M
Long-Term Debt	$471M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$42M
Other Non-Current Liabilities	$127M
TOTAL NON-CURRENT LIABILITIES	$663M
TOTAL LIABILITIES	$913M
Common Stock	$285.0K
Additional Paid-In Capital	$506M
Retained Earnings	$316M
Treasury Stock	$0
Accum. Other Comp. Income	-$50M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$773M
Minority Interest	$0
TOTAL EQUITY	$773M
TOTAL LIABILITIES & EQUITY	$1.7B
Total Debt	$543M
Net Debt	$428M