ENVA FY 2013 Earnings Report — Enova International, Inc. Revenue & Financial Results | Market Cap Arena

Enova International, Inc.ENVA

FY 2013 Earnings

Reported December 30, 2013

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2013	Prior Q	FY 2012	QoQ Change	YoY Change
Revenue	$765M	—	$661M	—	15.8%
Op. Income	$143M	—	$114M	—	24.9%
Gross Margin	56.2%	—	53.2%	—	3.1pp
Net Margin	10.2%	—	8.9%	—	1.3pp
EPS (Diluted)	$2.36	—	$1.78	—	32.6%
Free Cash Flow	$423M	—	$358M	—	18.4%

Revenue Flow

Item	Amount
REVENUE	$765M
Cost of Revenue	$335M
GROSS PROFIT	$430M
R&D Expenses	$0
Selling & Marketing	$135M
General & Administrative	$84M
SG&A Expenses	$220M
Other Expenses	$68M
Operating Expenses	$288M
Cost & Expenses	$623M
OPERATING INCOME	$143M
Interest Income	$0
Interest Expense	$20M
Other Income/Expenses	-$21M
INCOME BEFORE TAX	$122M
Income Tax Expense	$44M
Net Income from Continuing Ops	$78M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$78M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$78M
D&A	$17M
EBIT	$123M
EBITDA	$140M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$765M
Cost of Revenue	$335M
GROSS PROFIT	$430M
R&D Expenses	$0
Selling & Marketing	$135M
General & Administrative	$84M
SG&A Expenses	$220M
Other Expenses	$68M
Operating Expenses	$288M
Cost & Expenses	$623M
OPERATING INCOME	$143M
Interest Income	$0
Interest Expense	$20M
Other Income/Expenses	-$21M
INCOME BEFORE TAX	$122M
Income Tax Expense	$44M
Net Income from Continuing Ops	$78M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$78M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$78M
D&A	$17M
EBIT	$123M
EBITDA	$140M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$78M
Depreciation & Amortization	$17M
Stock-Based Compensation	$250.0K
Deferred Income Tax	$5M
Other Non-Cash Items	$335M
Change in Working Capital	$3M
OPERATING CASH FLOW	$438M
Capital Expenditure	-$15M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$389M
NET CASH FROM INVESTING	-$404M
Net Debt Issuance	-$24M
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	-$5M
NET CASH FROM FINANCING	-$29M
FREE CASH FLOW	$423M
Net Change in Cash	$10M

Balance Sheet

Item	Amount
Cash & Equivalents	$47M
Short-Term Investments	$0
Net Receivables	$303M
Inventory	$0
Other Current Assets	$31M
TOTAL CURRENT ASSETS	$391M
PP&E (Net)	$39M
Goodwill	$256M
Intangible Assets	$45.0K
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$6M
TOTAL NON-CURRENT ASSETS	$302M
TOTAL ASSETS	$692M
Account Payables	$19M
Short-Term Debt	$2M
Deferred Revenue	$5M
Other Current Liabilities	-$2M
TOTAL CURRENT LIABILITIES	$50M
Long-Term Debt	$424M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$45M
Other Non-Current Liabilities	$51.0K
TOTAL NON-CURRENT LIABILITIES	$469M
TOTAL LIABILITIES	$519M
Common Stock	$0
Additional Paid-In Capital	$0
Retained Earnings	$170M
Treasury Stock	$0
Accum. Other Comp. Income	$3M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$173M
Minority Interest	$0
TOTAL EQUITY	$173M
TOTAL LIABILITIES & EQUITY	$692M
Total Debt	$426M
Net Debt	$379M