CMCO FY 2022 Earnings Report — Columbus McKinnon Corporation Revenue & Financial Results | Market Cap Arena

Columbus McKinnon CorporationCMCO

FY 2022 Earnings

Reported May 25, 2023

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2022	Prior Q	FY 2021	QoQ Change	YoY Change
Revenue	$936M	—	$907M	—	3.3%
Op. Income	$98M	—	$74M	—	32.6%
Gross Margin	36.5%	—	34.8%	—	1.7pp
Net Margin	5.2%	—	3.3%	—	1.9pp
EPS (Diluted)	$1.68	—	$1.04	—	61.5%
Free Cash Flow	$71M	—	$36M	—	98.5%

Revenue Flow

Item	Amount
REVENUE	$936M
Cost of Revenue	$594M
GROSS PROFIT	$342M
R&D Expenses	$21M
Selling & Marketing	$103M
General & Administrative	$95M
SG&A Expenses	$197M
Other Expenses	$26M
Operating Expenses	$244M
Cost & Expenses	$838M
OPERATING INCOME	$98M
Interest Income	$0
Interest Expense	$28M
Other Income/Expenses	-$23M
INCOME BEFORE TAX	$74M
Income Tax Expense	$26M
Net Income from Continuing Ops	$48M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$48M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$48M
D&A	$50M
EBIT	$97M
EBITDA	$147M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$936M
Cost of Revenue	$594M
GROSS PROFIT	$342M
R&D Expenses	$21M
Selling & Marketing	$103M
General & Administrative	$95M
SG&A Expenses	$197M
Other Expenses	$26M
Operating Expenses	$244M
Cost & Expenses	$838M
OPERATING INCOME	$98M
Interest Income	$0
Interest Expense	$28M
Other Income/Expenses	-$23M
INCOME BEFORE TAX	$74M
Income Tax Expense	$26M
Net Income from Continuing Ops	$48M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$48M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$48M
D&A	$50M
EBIT	$97M
EBITDA	$147M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$48M
Depreciation & Amortization	$42M
Stock-Based Compensation	$10M
Deferred Income Tax	-$300.0K
Other Non-Cash Items	$9M
Change in Working Capital	-$26M
OPERATING CASH FLOW	$84M
Capital Expenditure	-$13M
Acquisitions (Net)	-$2M
Purchases of Investments	-$4M
Sales/Maturities of Investments	$4M
Other Investing Activities	$686.0K
NET CASH FROM INVESTING	-$14M
Net Debt Issuance	-$41M
Common Stock Repurchased	-$1M
Common Dividends Paid	-$8M
Other Financing Activities	-$1M
NET CASH FROM FINANCING	-$50M
FREE CASH FLOW	$71M
Net Change in Cash	$18M

Balance Sheet

Item	Amount
Cash & Equivalents	$133M
Short-Term Investments	$0
Net Receivables	$151M
Inventory	$179M
Other Current Assets	$32M
TOTAL CURRENT ASSETS	$496M
PP&E (Net)	$94M
Goodwill	$645M
Intangible Assets	$363M
Long-Term Investments	$10M
Tax Assets	$2M
Other Non-Current Assets	$88M
TOTAL NON-CURRENT ASSETS	$1.2B
TOTAL ASSETS	$1.7B
Account Payables	$77M
Short-Term Debt	$41M
Deferred Revenue	$28M
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$242M
Long-Term Debt	$431M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$46M
Other Non-Current Liabilities	$99M
TOTAL NON-CURRENT LIABILITIES	$623M
TOTAL LIABILITIES	$865M
Common Stock	$286.0K
Additional Paid-In Capital	$516M
Retained Earnings	$357M
Treasury Stock	-$1M
Accum. Other Comp. Income	-$38M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$834M
Minority Interest	$0
TOTAL EQUITY	$834M
TOTAL LIABILITIES & EQUITY	$1.7B
Total Debt	$526M
Net Debt	$393M