CUB FY 2014 Earnings Report — Lionheart Holdings Revenue & Financial Results | Market Cap Arena

Lionheart HoldingsCUB

FY 2014 Earnings

Reported November 26, 2014

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2014	Prior Q	FY 2013	QoQ Change	YoY Change
Revenue	$1.4B	—	$1.4B	—	2.8%
Op. Income	$94M	—	$95M	—	-1.9%
Gross Margin	22.6%	—	22.1%	—	0.4pp
Net Margin	5.0%	—	1.5%	—	3.5pp
EPS (Diluted)	$2.59	—	$0.74	—	250.0%
Free Cash Flow	$98M	—	-$22M	—	539.8%

Revenue Flow

Item	Amount
REVENUE	$1.4B
Cost of Revenue	$1.1B
GROSS PROFIT	$316M
R&D Expenses	$18M
Selling & Marketing	$0
General & Administrative	$182M
SG&A Expenses	$182M
Other Expenses	$23M
Operating Expenses	$222M
Cost & Expenses	$1.3B
OPERATING INCOME	$94M
Interest Income	$0
Interest Expense	$4M
Other Income/Expenses	-$4M
INCOME BEFORE TAX	$89M
Income Tax Expense	$20M
Net Income from Continuing Ops	$69M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$69M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$69M
D&A	$30M
EBIT	$93M
EBITDA	$124M
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$1.4B
Cost of Revenue	$1.1B
GROSS PROFIT	$316M
R&D Expenses	$18M
Selling & Marketing	$0
General & Administrative	$182M
SG&A Expenses	$182M
Other Expenses	$23M
Operating Expenses	$222M
Cost & Expenses	$1.3B
OPERATING INCOME	$94M
Interest Income	$0
Interest Expense	$4M
Other Income/Expenses	-$4M
INCOME BEFORE TAX	$89M
Income Tax Expense	$20M
Net Income from Continuing Ops	$69M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$69M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$69M
D&A	$30M
EBIT	$93M
EBITDA	$124M
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$69M
Depreciation & Amortization	$30M
Stock-Based Compensation	$6M
Deferred Income Tax	$3M
Other Non-Cash Items	$377.0K
Change in Working Capital	$6M
OPERATING CASH FLOW	$115M
Capital Expenditure	-$17M
Acquisitions (Net)	-$83M
Purchases of Investments	-$1M
Sales/Maturities of Investments	$4M
Other Investing Activities	-$456.0K
NET CASH FROM INVESTING	-$97M
Net Debt Issuance	$0
Common Stock Repurchased	-$1M
Common Dividends Paid	-$6M
Other Financing Activities	-$3M
NET CASH FROM FINANCING	-$10M
FREE CASH FLOW	$98M
Net Change in Cash	$12M

Balance Sheet

Item	Amount
Cash & Equivalents	$216M
Short-Term Investments	$1M
Net Receivables	$410M
Inventory	$39M
Other Current Assets	$99M
TOTAL CURRENT ASSETS	$765M
PP&E (Net)	$64M
Goodwill	$184M
Intangible Assets	$64M
Long-Term Investments	$0
Tax Assets	$18M
Other Non-Current Assets	$99M
TOTAL NON-CURRENT ASSETS	$429M
TOTAL ASSETS	$1.2B
Account Payables	$31M
Short-Term Debt	$563.0K
Deferred Revenue	$92M
Other Current Liabilities	$147M
TOTAL CURRENT LIABILITIES	$270M
Long-Term Debt	$102M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$1M
Other Non-Current Liabilities	$39M
TOTAL NON-CURRENT LIABILITIES	$142M
TOTAL LIABILITIES	$412M
Common Stock	$21M
Additional Paid-In Capital	$0
Retained Earnings	$803M
Treasury Stock	$0
Accum. Other Comp. Income	-$5M
Other Equity	-$36M
TOTAL STOCKHOLDERS' EQUITY	$783M
Minority Interest	$0
TOTAL EQUITY	$783M
TOTAL LIABILITIES & EQUITY	$1.2B
Total Debt	$102M
Net Debt	-$113M