CSGS FY 2022 Earnings Report — CSG Systems International, Inc. Revenue & Financial Results | Market Cap Arena

CSG Systems International, Inc.CSGS

FY 2022 Earnings

Reported February 17, 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	$1.1B	—	$1.0B	—	4.1%
Op. Income	$79M	—	$124M	—	-36.6%
Gross Margin	48.1%	—	48.1%	—	0.0pp
Net Margin	4.0%	—	6.9%	—	-2.9pp
EPS (Diluted)	$1.41	—	$2.26	—	-37.6%
Free Cash Flow	$27M	—	$114M	—	-76.6%

Revenue Flow

Item	Amount
REVENUE	$1.1B
Cost of Revenue	$565M
GROSS PROFIT	$525M
R&D Expenses	$138M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$238M
Other Expenses	$70M
Operating Expenses	$446M
Cost & Expenses	$1.0B
OPERATING INCOME	$79M
Interest Income	$877.0K
Interest Expense	$16M
Other Income/Expenses	-$18M
INCOME BEFORE TAX	$61M
Income Tax Expense	$17M
Net Income from Continuing Ops	$44M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$44M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$44M
D&A	$77M
EBIT	$77M
EBITDA	$154M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$1.1B
Cost of Revenue	$565M
GROSS PROFIT	$525M
R&D Expenses	$138M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$238M
Other Expenses	$70M
Operating Expenses	$446M
Cost & Expenses	$1.0B
OPERATING INCOME	$79M
Interest Income	$877.0K
Interest Expense	$16M
Other Income/Expenses	-$18M
INCOME BEFORE TAX	$61M
Income Tax Expense	$17M
Net Income from Continuing Ops	$44M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$44M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$44M
D&A	$77M
EBIT	$77M
EBITDA	$154M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$44M
Depreciation & Amortization	$77M
Stock-Based Compensation	$27M
Deferred Income Tax	-$28M
Other Non-Cash Items	$39M
Change in Working Capital	-$96M
OPERATING CASH FLOW	$64M
Capital Expenditure	-$37M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$28M
Other Investing Activities	$0
NET CASH FROM INVESTING	-$9M
Net Debt Issuance	$25M
Common Stock Repurchased	-$97M
Common Dividends Paid	-$33M
Other Financing Activities	$50M
NET CASH FROM FINANCING	-$52M
FREE CASH FLOW	$27M
Net Change in Cash	-$3M

Balance Sheet

Item	Amount
Cash & Equivalents	$150M
Short-Term Investments	$71.0K
Net Receivables	$328M
Inventory	$0
Other Current Assets	$287M
TOTAL CURRENT ASSETS	$766M
PP&E (Net)	$121M
Goodwill	$304M
Intangible Assets	$123M
Long-Term Investments	$0
Tax Assets	$26M
Other Non-Current Assets	$8M
TOTAL NON-CURRENT ASSETS	$583M
TOTAL ASSETS	$1.3B
Account Payables	$48M
Short-Term Debt	$38M
Deferred Revenue	$87M
Other Current Liabilities	$329M
TOTAL CURRENT LIABILITIES	$527M
Long-Term Debt	$375M
Deferred Revenue NC	$22M
Deferred Tax Liabilities	$117.0K
Other Non-Current Liabilities	$15M
TOTAL NON-CURRENT LIABILITIES	$466M
TOTAL LIABILITIES	$993M
Common Stock	$708.0K
Additional Paid-In Capital	$495M
Retained Earnings	$936M
Treasury Stock	-$1.0B
Accum. Other Comp. Income	-$59M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$355M
Minority Interest	$0
TOTAL EQUITY	$355M
TOTAL LIABILITIES & EQUITY	$1.3B
Total Debt	$487M
Net Debt	$337M