EZPW FY 2008 Earnings Report — EZCORP, Inc. Revenue & Financial Results | Market Cap Arena

EZCORP, Inc.EZPW

FY 2008 Earnings

Reported December 12, 2008

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2008	Prior Q	FY 2007	QoQ Change	YoY Change
Revenue	$457M	—	$372M	—	22.9%
Op. Income	$74M	—	$56M	—	32.5%
Gross Margin	69.5%	—	68.3%	—	1.2pp
Net Margin	11.5%	—	10.2%	—	1.3pp
EPS (Diluted)	$1.21	—	$0.88	—	37.5%
Free Cash Flow	$44M	—	$40M	—	11.4%

Revenue Flow

Item	Amount
REVENUE	$457M
Cost of Revenue	$139M
GROSS PROFIT	$318M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$231M
SG&A Expenses	$231M
Other Expenses	$13M
Operating Expenses	$244M
Cost & Expenses	$384M
OPERATING INCOME	$74M
Interest Income	$477.0K
Interest Expense	$420.0K
Other Income/Expenses	$4M
INCOME BEFORE TAX	$78M
Income Tax Expense	$26M
Net Income from Continuing Ops	$52M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$52M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$52M
D&A	$12M
EBIT	$78M
EBITDA	$91M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$457M
Cost of Revenue	$139M
GROSS PROFIT	$318M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$231M
SG&A Expenses	$231M
Other Expenses	$13M
Operating Expenses	$244M
Cost & Expenses	$384M
OPERATING INCOME	$74M
Interest Income	$477.0K
Interest Expense	$420.0K
Other Income/Expenses	$4M
INCOME BEFORE TAX	$78M
Income Tax Expense	$26M
Net Income from Continuing Ops	$52M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$52M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$52M
D&A	$12M
EBIT	$78M
EBITDA	$91M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$52M
Depreciation & Amortization	$12M
Stock-Based Compensation	$4M
Deferred Income Tax	-$5M
Other Non-Cash Items	$5M
Change in Working Capital	-$6M
OPERATING CASH FLOW	$62M
Capital Expenditure	-$18M
Acquisitions (Net)	-$15M
Purchases of Investments	-$344M
Sales/Maturities of Investments	$318M
Other Investing Activities	$2M
NET CASH FROM INVESTING	-$58M
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	$552.0K
NET CASH FROM FINANCING	$969.0K
FREE CASH FLOW	$44M
Net Change in Cash	$5M

Balance Sheet

Item	Amount
Cash & Equivalents	$27M
Short-Term Investments	$0
Net Receivables	$101M
Inventory	$43M
Other Current Assets	$11M
TOTAL CURRENT ASSETS	$192M
PP&E (Net)	$40M
Goodwill	$24M
Intangible Assets	$0
Long-Term Investments	$38M
Tax Assets	$8M
Other Non-Current Assets	$6M
TOTAL NON-CURRENT ASSETS	$117M
TOTAL ASSETS	$309M
Account Payables	$6M
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$2M
TOTAL CURRENT LIABILITIES	$32M
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$4M
TOTAL NON-CURRENT LIABILITIES	$4M
TOTAL LIABILITIES	$36M
Common Stock	$416.0K
Additional Paid-In Capital	$136M
Retained Earnings	$134M
Treasury Stock	-$12.0K
Accum. Other Comp. Income	$3M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$273M
Minority Interest	$0
TOTAL EQUITY	$273M
TOTAL LIABILITIES & EQUITY	$309M
Total Debt	$0
Net Debt	-$27M