EZPW FY 2010 Earnings Report — EZCORP, Inc. Revenue & Financial Results | Market Cap Arena

EZCORP, Inc.EZPW

FY 2010 Earnings

Reported November 24, 2010

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2010	Prior Q	FY 2009	QoQ Change	YoY Change
Revenue	$733M	—	$597M	—	22.7%
Op. Income	$142M	—	$101M	—	39.8%
Gross Margin	60.9%	—	60.2%	—	0.6pp
Net Margin	13.3%	—	11.5%	—	1.8pp
EPS (Diluted)	$1.96	—	$1.41	—	39.0%
Free Cash Flow	$99M	—	$61M	—	61.3%

Revenue Flow

Item	Amount
REVENUE	$733M
Cost of Revenue	$287M
GROSS PROFIT	$446M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$53M
SG&A Expenses	$53M
Other Expenses	$252M
Operating Expenses	$304M
Cost & Expenses	$591M
OPERATING INCOME	$142M
Interest Income	$186.0K
Interest Expense	$1M
Other Income/Expenses	$10M
INCOME BEFORE TAX	$152M
Income Tax Expense	$54M
Net Income from Continuing Ops	$97M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$97M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$97M
D&A	$15M
EBIT	$142M
EBITDA	$157M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$733M
Cost of Revenue	$287M
GROSS PROFIT	$446M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$53M
SG&A Expenses	$53M
Other Expenses	$252M
Operating Expenses	$304M
Cost & Expenses	$591M
OPERATING INCOME	$142M
Interest Income	$186.0K
Interest Expense	$1M
Other Income/Expenses	$10M
INCOME BEFORE TAX	$152M
Income Tax Expense	$54M
Net Income from Continuing Ops	$97M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$97M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$97M
D&A	$15M
EBIT	$142M
EBITDA	$157M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$97M
Depreciation & Amortization	$15M
Stock-Based Compensation	$5M
Deferred Income Tax	-$1M
Other Non-Cash Items	$2M
Change in Working Capital	$7M
OPERATING CASH FLOW	$125M
Capital Expenditure	-$26M
Acquisitions (Net)	-$81M
Purchases of Investments	-$605M
Sales/Maturities of Investments	$510M
Other Investing Activities	$64M
NET CASH FROM INVESTING	-$137M
Net Debt Issuance	-$10M
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	$3M
NET CASH FROM FINANCING	-$7M
FREE CASH FLOW	$99M
Net Change in Cash	-$19M

Balance Sheet

Item	Amount
Cash & Equivalents	$26M
Short-Term Investments	$0
Net Receivables	$164M
Inventory	$72M
Other Current Assets	$23M
TOTAL CURRENT ASSETS	$302M
PP&E (Net)	$62M
Goodwill	$117M
Intangible Assets	$16M
Long-Term Investments	$101M
Tax Assets	$60.0K
Other Non-Current Assets	$7M
TOTAL NON-CURRENT ASSETS	$304M
TOTAL ASSETS	$606M
Account Payables	$9M
Short-Term Debt	$10M
Deferred Revenue	$6M
Other Current Liabilities	$823.0K
TOTAL CURRENT LIABILITIES	$69M
Long-Term Debt	$15M
Deferred Revenue NC	$3M
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$0
TOTAL NON-CURRENT LIABILITIES	$18M
TOTAL LIABILITIES	$87M
Common Stock	$493.0K
Additional Paid-In Capital	$225M
Retained Earnings	$300M
Treasury Stock	$0
Accum. Other Comp. Income	-$6M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$519M
Minority Interest	$0
TOTAL EQUITY	$519M
TOTAL LIABILITIES & EQUITY	$606M
Total Debt	$25M
Net Debt	-$854.0K