ENVA FY 2017 Earnings Report — Enova International, Inc. Revenue & Financial Results | Market Cap Arena

Enova International, Inc.ENVA

FY 2017 Earnings

Reported February 26, 2018

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2017	Prior Q	FY 2016	QoQ Change	YoY Change
Revenue	$729M	—	$746M	—	-2.2%
Op. Income	$116M	—	$121M	—	-4.4%
Gross Margin	41.4%	—	47.2%	—	-5.9pp
Net Margin	4.0%	—	4.6%	—	-0.6pp
EPS (Diluted)	$0.86	—	$1.03	—	-16.5%
Free Cash Flow	$431M	—	$379M	—	13.6%

Revenue Flow

Item	Amount
REVENUE	$729M
Cost of Revenue	$427M
GROSS PROFIT	$301M
R&D Expenses	$0
Selling & Marketing	$77M
General & Administrative	$100M
SG&A Expenses	$176M
Other Expenses	$9M
Operating Expenses	$185M
Cost & Expenses	$613M
OPERATING INCOME	$116M
Interest Income	$0
Interest Expense	$74M
Other Income/Expenses	-$97M
INCOME BEFORE TAX	$20M
Income Tax Expense	$2M
Net Income from Continuing Ops	$18M
Net Income from Discontinued Ops	$12M
Other Adjustments	$0
NET INCOME	$29M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$29M
D&A	$13M
EBIT	$42M
EBITDA	$55M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$729M
Cost of Revenue	$427M
GROSS PROFIT	$301M
R&D Expenses	$0
Selling & Marketing	$77M
General & Administrative	$100M
SG&A Expenses	$176M
Other Expenses	$9M
Operating Expenses	$185M
Cost & Expenses	$613M
OPERATING INCOME	$116M
Interest Income	$0
Interest Expense	$74M
Other Income/Expenses	-$97M
INCOME BEFORE TAX	$20M
Income Tax Expense	$2M
Net Income from Continuing Ops	$18M
Net Income from Discontinued Ops	$12M
Other Adjustments	$0
NET INCOME	$29M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$29M
D&A	$13M
EBIT	$42M
EBITDA	$55M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$29M
Depreciation & Amortization	$14M
Stock-Based Compensation	$11M
Deferred Income Tax	-$5M
Other Non-Cash Items	$429M
Change in Working Capital	-$32M
OPERATING CASH FLOW	$447M
Capital Expenditure	-$17M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$511M
NET CASH FROM INVESTING	-$527M
Net Debt Issuance	$141M
Common Stock Repurchased	-$5M
Common Dividends Paid	$0
Other Financing Activities	-$31M
NET CASH FROM FINANCING	$105M
FREE CASH FLOW	$431M
Net Change in Cash	$29M

Balance Sheet

Item	Amount
Cash & Equivalents	$69M
Short-Term Investments	$0
Net Receivables	$733M
Inventory	$0
Other Current Assets	$29M
TOTAL CURRENT ASSETS	$831M
PP&E (Net)	$49M
Goodwill	$267M
Intangible Assets	$4M
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$9M
TOTAL NON-CURRENT ASSETS	$329M
TOTAL ASSETS	$1.2B
Account Payables	$26M
Short-Term Debt	$3M
Deferred Revenue	$7M
Other Current Liabilities	$8M
TOTAL CURRENT LIABILITIES	$77M
Long-Term Debt	$789M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$12M
Other Non-Current Liabilities	$0
TOTAL NON-CURRENT LIABILITIES	$801M
TOTAL LIABILITIES	$878M
Common Stock	$0
Additional Paid-In Capital	$30M
Retained Earnings	$265M
Treasury Stock	-$6M
Accum. Other Comp. Income	-$7M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$282M
Minority Interest	$0
TOTAL EQUITY	$282M
TOTAL LIABILITIES & EQUITY	$1.2B
Total Debt	$792M
Net Debt	$723M