CUB FY 2006 Earnings Report — Lionheart Holdings Revenue & Financial Results | Market Cap Arena

Lionheart HoldingsCUB

FY 2006 Earnings

Reported December 7, 2006

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2006	Prior Q	FY 2005	QoQ Change	YoY Change
Revenue	$821M	—	$804M	—	2.1%
Op. Income	$31M	—	$13M	—	135.8%
Gross Margin	16.3%	—	16.4%	—	-0.1pp
Net Margin	2.9%	—	1.4%	—	1.5pp
EPS (Diluted)	$0.90	—	$0.44	—	104.5%
Free Cash Flow	$22M	—	$46M	—	-53.5%

Revenue Flow

Item	Amount
REVENUE	$821M
Cost of Revenue	$687M
GROSS PROFIT	$134M
R&D Expenses	$6M
Selling & Marketing	$0
General & Administrative	$97M
SG&A Expenses	$97M
Other Expenses	$0
Operating Expenses	$103M
Cost & Expenses	$790M
OPERATING INCOME	$31M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	$5M
INCOME BEFORE TAX	$36M
Income Tax Expense	$12M
Net Income from Continuing Ops	$24M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$24M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$24M
D&A	$8M
EBIT	$0
EBITDA	$45M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$821M
Cost of Revenue	$687M
GROSS PROFIT	$134M
R&D Expenses	$6M
Selling & Marketing	$0
General & Administrative	$97M
SG&A Expenses	$97M
Other Expenses	$0
Operating Expenses	$103M
Cost & Expenses	$790M
OPERATING INCOME	$31M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	$5M
INCOME BEFORE TAX	$36M
Income Tax Expense	$12M
Net Income from Continuing Ops	$24M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$24M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$24M
D&A	$8M
EBIT	$0
EBITDA	$45M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$24M
Depreciation & Amortization	$8M
Stock-Based Compensation	$0
Deferred Income Tax	$514.0K
Other Non-Cash Items	-$8M
Change in Working Capital	$6M
OPERATING CASH FLOW	$31M
Capital Expenditure	-$10M
Acquisitions (Net)	-$1M
Purchases of Investments	-$9M
Sales/Maturities of Investments	$0
Other Investing Activities	$8M
NET CASH FROM INVESTING	-$12M
Net Debt Issuance	$0
Common Stock Repurchased	-$3.0K
Common Dividends Paid	-$5M
Other Financing Activities	-$22M
NET CASH FROM FINANCING	-$27M
FREE CASH FLOW	$22M
Net Change in Cash	-$6M

Balance Sheet

Item	Amount
Cash & Equivalents	$42M
Short-Term Investments	$9M
Net Receivables	$330M
Inventory	$20M
Other Current Assets	$36M
TOTAL CURRENT ASSETS	$438M
PP&E (Net)	$55M
Goodwill	$35M
Intangible Assets	$0
Long-Term Investments	$0
Tax Assets	$7M
Other Non-Current Assets	$13M
TOTAL NON-CURRENT ASSETS	$110M
TOTAL ASSETS	$548M
Account Payables	$23M
Short-Term Debt	$16M
Deferred Revenue	$0
Other Current Liabilities	$121M
TOTAL CURRENT LIABILITIES	$161M
Long-Term Debt	$38M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$26M
TOTAL NON-CURRENT LIABILITIES	$64M
TOTAL LIABILITIES	$224M
Common Stock	$234.0K
Additional Paid-In Capital	$0
Retained Earnings	$339M
Treasury Stock	$0
Accum. Other Comp. Income	$8M
Other Equity	-$23M
TOTAL STOCKHOLDERS' EQUITY	$324M
Minority Interest	$0
TOTAL EQUITY	$324M
TOTAL LIABILITIES & EQUITY	$548M
Total Debt	$54M
Net Debt	$12M