CUB FY 2015 Earnings Report — Lionheart Holdings Revenue & Financial Results | Market Cap Arena

Lionheart HoldingsCUB

FY 2015 Earnings

Reported November 23, 2015

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2015	Prior Q	FY 2014	QoQ Change	YoY Change
Revenue	$1.4B	—	$1.4B	—	2.3%
Op. Income	$82M	—	$94M	—	-12.7%
Gross Margin	23.7%	—	22.6%	—	1.2pp
Net Margin	1.6%	—	5.0%	—	-3.4pp
EPS (Diluted)	$0.85	—	$2.59	—	-67.2%
Free Cash Flow	$67M	—	$98M	—	-31.3%

Revenue Flow

Item	Amount
REVENUE	$1.4B
Cost of Revenue	$1.1B
GROSS PROFIT	$340M
R&D Expenses	$18M
Selling & Marketing	$0
General & Administrative	$213M
SG&A Expenses	$213M
Other Expenses	$28M
Operating Expenses	$258M
Cost & Expenses	$1.3B
OPERATING INCOME	$82M
Interest Income	$0
Interest Expense	$4M
Other Income/Expenses	-$10M
INCOME BEFORE TAX	$72M
Income Tax Expense	$49M
Net Income from Continuing Ops	$23M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$23M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$23M
D&A	$38M
EBIT	$76M
EBITDA	$114M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$1.4B
Cost of Revenue	$1.1B
GROSS PROFIT	$340M
R&D Expenses	$18M
Selling & Marketing	$0
General & Administrative	$213M
SG&A Expenses	$213M
Other Expenses	$28M
Operating Expenses	$258M
Cost & Expenses	$1.3B
OPERATING INCOME	$82M
Interest Income	$0
Interest Expense	$4M
Other Income/Expenses	-$10M
INCOME BEFORE TAX	$72M
Income Tax Expense	$49M
Net Income from Continuing Ops	$23M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$23M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$23M
D&A	$38M
EBIT	$76M
EBITDA	$114M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$23M
Depreciation & Amortization	$38M
Stock-Based Compensation	$8M
Deferred Income Tax	$34M
Other Non-Cash Items	$4M
Change in Working Capital	-$17M
OPERATING CASH FLOW	$90M
Capital Expenditure	-$22M
Acquisitions (Net)	-$92M
Purchases of Investments	-$59M
Sales/Maturities of Investments	$51M
Other Investing Activities	-$3M
NET CASH FROM INVESTING	-$125M
Net Debt Issuance	$0
Common Stock Repurchased	-$3M
Common Dividends Paid	-$7M
Other Financing Activities	$81M
NET CASH FROM FINANCING	$73M
FREE CASH FLOW	$67M
Net Change in Cash	$27M

Balance Sheet

Item	Amount
Cash & Equivalents	$218M
Short-Term Investments	$31M
Net Receivables	$360M
Inventory	$64M
Other Current Assets	$103M
TOTAL CURRENT ASSETS	$775M
PP&E (Net)	$75M
Goodwill	$238M
Intangible Assets	$73M
Long-Term Investments	$0
Tax Assets	$11M
Other Non-Current Assets	$128M
TOTAL NON-CURRENT ASSETS	$525M
TOTAL ASSETS	$1.3B
Account Payables	$47M
Short-Term Debt	$61M
Deferred Revenue	$77M
Other Current Liabilities	$162M
TOTAL CURRENT LIABILITIES	$347M
Long-Term Debt	$126M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$2M
Other Non-Current Liabilities	$69M
TOTAL NON-CURRENT LIABILITIES	$197M
TOTAL LIABILITIES	$544M
Common Stock	$26M
Additional Paid-In Capital	$0
Retained Earnings	$819M
Treasury Stock	$0
Accum. Other Comp. Income	-$52M
Other Equity	-$36M
TOTAL STOCKHOLDERS' EQUITY	$756M
Minority Interest	$0
TOTAL EQUITY	$756M
TOTAL LIABILITIES & EQUITY	$1.3B
Total Debt	$187M
Net Debt	-$32M