CUB FY 2007 Earnings Report — Lionheart Holdings Revenue & Financial Results | Market Cap Arena

Lionheart HoldingsCUB

FY 2007 Earnings

Reported December 5, 2007

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2007	Prior Q	FY 2006	QoQ Change	YoY Change
Revenue	$890M	—	$821M	—	8.3%
Op. Income	$62M	—	$31M	—	101.0%
Gross Margin	18.2%	—	16.3%	—	1.9pp
Net Margin	4.7%	—	2.9%	—	1.7pp
EPS (Diluted)	$1.56	—	$0.90	—	73.3%
Free Cash Flow	$63M	—	$22M	—	192.4%

Revenue Flow

Item	Amount
REVENUE	$890M
Cost of Revenue	$728M
GROSS PROFIT	$162M
R&D Expenses	$5M
Selling & Marketing	$0
General & Administrative	$95M
SG&A Expenses	$95M
Other Expenses	$0
Operating Expenses	$100M
Cost & Expenses	$828M
OPERATING INCOME	$62M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	$3M
INCOME BEFORE TAX	$65M
Income Tax Expense	$24M
Net Income from Continuing Ops	$42M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$42M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$42M
D&A	$9M
EBIT	$0
EBITDA	$74M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$890M
Cost of Revenue	$728M
GROSS PROFIT	$162M
R&D Expenses	$5M
Selling & Marketing	$0
General & Administrative	$95M
SG&A Expenses	$95M
Other Expenses	$0
Operating Expenses	$100M
Cost & Expenses	$828M
OPERATING INCOME	$62M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	$3M
INCOME BEFORE TAX	$65M
Income Tax Expense	$24M
Net Income from Continuing Ops	$42M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$42M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$42M
D&A	$9M
EBIT	$0
EBITDA	$74M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$42M
Depreciation & Amortization	$9M
Stock-Based Compensation	$0
Deferred Income Tax	$745.0K
Other Non-Cash Items	-$2M
Change in Working Capital	$20M
OPERATING CASH FLOW	$69M
Capital Expenditure	-$6M
Acquisitions (Net)	$0
Purchases of Investments	-$260M
Sales/Maturities of Investments	$242M
Other Investing Activities	$4M
NET CASH FROM INVESTING	-$21M
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	-$5M
Other Financing Activities	-$16M
NET CASH FROM FINANCING	-$21M
FREE CASH FLOW	$63M
Net Change in Cash	$31M

Balance Sheet

Item	Amount
Cash & Equivalents	$74M
Short-Term Investments	$27M
Net Receivables	$306M
Inventory	$27M
Other Current Assets	$40M
TOTAL CURRENT ASSETS	$473M
PP&E (Net)	$57M
Goodwill	$36M
Intangible Assets	$0
Long-Term Investments	$0
Tax Assets	$195.0K
Other Non-Current Assets	$26M
TOTAL NON-CURRENT ASSETS	$119M
TOTAL ASSETS	$593M
Account Payables	$28M
Short-Term Debt	$6M
Deferred Revenue	$0
Other Current Liabilities	$133M
TOTAL CURRENT LIABILITIES	$167M
Long-Term Debt	$33M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$10M
TOTAL NON-CURRENT LIABILITIES	$42M
TOTAL LIABILITIES	$210M
Common Stock	$0
Additional Paid-In Capital	$0
Retained Earnings	$375M
Treasury Stock	$0
Accum. Other Comp. Income	$31M
Other Equity	-$24M
TOTAL STOCKHOLDERS' EQUITY	$383M
Minority Interest	$0
TOTAL EQUITY	$383M
TOTAL LIABILITIES & EQUITY	$593M
Total Debt	$39M
Net Debt	-$35M