DBD FY 2023 Earnings Report — Diebold Nixdorf, Incorporated Revenue & Financial Results | Market Cap Arena

Diebold Nixdorf, IncorporatedDBD

FY 2023 Earnings

Reported March 7, 2024

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2023	Prior Q	FY 2022	QoQ Change	YoY Change
Revenue	$3.8B	—	—	—	—
Op. Income	$87M	—	—	—	—
Gross Margin	23.3%	—	—	—	—
Net Margin	36.6%	—	—	—	—
EPS (Diluted)	$21.38	—	—	—	—
Free Cash Flow	-$282M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$3.8B
Cost of Revenue	$2.9B
GROSS PROFIT	$876M
R&D Expenses	$111M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$678M
Operating Expenses	$789M
Cost & Expenses	$3.7B
OPERATING INCOME	$87M
Interest Income	$13M
Interest Expense	$246M
Other Income/Expenses	$1.4B
INCOME BEFORE TAX	$1.5B
Income Tax Expense	$76M
Net Income from Continuing Ops	$1.4B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.4B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.4B
D&A	$126M
EBIT	$149M
EBITDA	$275M
EPS	$21
EPS Diluted	$21

Income Statement

Item	Amount
REVENUE	$3.8B
Cost of Revenue	$2.9B
GROSS PROFIT	$876M
R&D Expenses	$111M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$678M
Operating Expenses	$789M
Cost & Expenses	$3.7B
OPERATING INCOME	$87M
Interest Income	$13M
Interest Expense	$246M
Other Income/Expenses	$1.4B
INCOME BEFORE TAX	$1.5B
Income Tax Expense	$76M
Net Income from Continuing Ops	$1.4B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.4B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.4B
D&A	$126M
EBIT	$149M
EBITDA	$275M
EPS	$21
EPS Diluted	$21

Cash Flow Statement

Item	Amount
Net Income	$1.4B
Depreciation & Amortization	$136M
Stock-Based Compensation	$0
Deferred Income Tax	$37M
Other Non-Cash Items	-$1.6B
Change in Working Capital	-$183M
OPERATING CASH FLOW	-$257M
Capital Expenditure	-$25M
Acquisitions (Net)	$0
Purchases of Investments	-$271M
Sales/Maturities of Investments	$282M
Other Investing Activities	$0
NET CASH FROM INVESTING	-$36M
Net Debt Issuance	$565M
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	-$6M
NET CASH FROM FINANCING	$560M
FREE CASH FLOW	-$282M
Net Change in Cash	$273M

Balance Sheet

Item	Amount
Cash & Equivalents	$550M
Short-Term Investments	$13M
Net Receivables	$722M
Inventory	$590M
Other Current Assets	$235M
TOTAL CURRENT ASSETS	$2.2B
PP&E (Net)	$258M
Goodwill	$612M
Intangible Assets	$891M
Long-Term Investments	$7M
Tax Assets	$71M
Other Non-Current Assets	$169M
TOTAL NON-CURRENT ASSETS	$2.0B
TOTAL ASSETS	$4.2B
Account Payables	$529M
Short-Term Debt	$300.0K
Deferred Revenue	$376M
Other Current Liabilities	$316M
TOTAL CURRENT LIABILITIES	$1.4B
Long-Term Debt	$1.3B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$205M
Other Non-Current Liabilities	$139M
TOTAL NON-CURRENT LIABILITIES	$1.7B
TOTAL LIABILITIES	$3.1B
Common Stock	$400.0K
Additional Paid-In Capital	$1.0B
Retained Earnings	$17M
Treasury Stock	$0
Accum. Other Comp. Income	$8M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.1B
Minority Interest	$15M
TOTAL EQUITY	$1.1B
TOTAL LIABILITIES & EQUITY	$4.2B
Total Debt	$1.4B
Net Debt	$807M