ENVA FY 2019 Earnings Report — Enova International, Inc. Revenue & Financial Results | Market Cap Arena

Enova International, Inc.ENVA

FY 2019 Earnings

Reported February 27, 2020

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2019	Prior Q	FY 2018	QoQ Change	YoY Change
Revenue	$1.2B	—	$973M	—	20.8%
Op. Income	$248M	—	$176M	—	41.4%
Gross Margin	42.2%	—	40.1%	—	2.2pp
Net Margin	3.1%	—	7.2%	—	-4.1pp
EPS (Diluted)	$3.72	—	$1.99	—	86.9%
Free Cash Flow	$856M	—	$669M	—	27.9%

Revenue Flow

Item	Amount
REVENUE	$1.2B
Cost of Revenue	$678M
GROSS PROFIT	$496M
R&D Expenses	$0
Selling & Marketing	$115M
General & Administrative	$109M
SG&A Expenses	$224M
Other Expenses	$24M
Operating Expenses	$248M
Cost & Expenses	$927M
OPERATING INCOME	$248M
Interest Income	$0
Interest Expense	$76M
Other Income/Expenses	-$78M
INCOME BEFORE TAX	$170M
Income Tax Expense	$42M
Net Income from Continuing Ops	$128M
Net Income from Discontinued Ops	-$91M
Other Adjustments	$0
NET INCOME	$37M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$37M
D&A	$15M
EBIT	$173M
EBITDA	$188M
EPS	$4
EPS Diluted	$4

Income Statement

Item	Amount
REVENUE	$1.2B
Cost of Revenue	$678M
GROSS PROFIT	$496M
R&D Expenses	$0
Selling & Marketing	$115M
General & Administrative	$109M
SG&A Expenses	$224M
Other Expenses	$24M
Operating Expenses	$248M
Cost & Expenses	$927M
OPERATING INCOME	$248M
Interest Income	$0
Interest Expense	$76M
Other Income/Expenses	-$78M
INCOME BEFORE TAX	$170M
Income Tax Expense	$42M
Net Income from Continuing Ops	$128M
Net Income from Discontinued Ops	-$91M
Other Adjustments	$0
NET INCOME	$37M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$37M
D&A	$15M
EBIT	$173M
EBITDA	$188M
EPS	$4
EPS Diluted	$4

Cash Flow Statement

Item	Amount
Net Income	$37M
Depreciation & Amortization	$21M
Stock-Based Compensation	$12M
Deferred Income Tax	$0
Other Non-Cash Items	$855M
Change in Working Capital	-$49M
OPERATING CASH FLOW	$876M
Capital Expenditure	-$20M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$921M
NET CASH FROM INVESTING	-$941M
Net Debt Issuance	$131M
Common Stock Repurchased	-$34M
Common Dividends Paid	$0
Other Financing Activities	-$1M
NET CASH FROM FINANCING	$95M
FREE CASH FLOW	$856M
Net Change in Cash	$31M

Balance Sheet

Item	Amount
Cash & Equivalents	$36M
Short-Term Investments	$0
Net Receivables	$1.1B
Inventory	$0
Other Current Assets	$45M
TOTAL CURRENT ASSETS	$1.2B
PP&E (Net)	$74M
Goodwill	$267M
Intangible Assets	$2M
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$23M
TOTAL NON-CURRENT ASSETS	$366M
TOTAL ASSETS	$1.6B
Account Payables	$24M
Short-Term Debt	$2M
Deferred Revenue	$11M
Other Current Liabilities	$43M
TOTAL CURRENT LIABILITIES	$122M
Long-Term Debt	$991M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$49M
Other Non-Current Liabilities	$0
TOTAL NON-CURRENT LIABILITIES	$1.1B
TOTAL LIABILITIES	$1.2B
Common Stock	$0
Additional Paid-In Capital	$64M
Retained Earnings	$373M
Treasury Stock	-$57M
Accum. Other Comp. Income	-$3M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$377M
Minority Interest	$0
TOTAL EQUITY	$377M
TOTAL LIABILITIES & EQUITY	$1.6B
Total Debt	$1.0B
Net Debt	$993M