FCFS FY 2007 Earnings Report — FirstCash Holdings, Inc Revenue & Financial Results | Market Cap Arena

FirstCash Holdings, IncFCFS

FY 2007 Earnings

Reported March 14, 2008

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2007	Prior Q	FY 2006	QoQ Change	YoY Change
Revenue	$280M	—	$238M	—	17.9%
Op. Income	$48M	—	$41M	—	16.6%
Gross Margin	61.5%	—	62.8%	—	-1.2pp
Net Margin	12.6%	—	13.4%	—	-0.8pp
EPS (Diluted)	$1.08	—	$0.97	—	11.3%
Free Cash Flow	-$8M	—	$22M	—	-137.9%

Revenue Flow

Item	Amount
REVENUE	$280M
Cost of Revenue	$108M
GROSS PROFIT	$172M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$114M
Other Expenses	$10M
Operating Expenses	$125M
Cost & Expenses	$232M
OPERATING INCOME	$48M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	-$55.0K
INCOME BEFORE TAX	$48M
Income Tax Expense	$17M
Net Income from Continuing Ops	$30M
Net Income from Discontinued Ops	$5M
Other Adjustments	$0
NET INCOME	$35M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$35M
D&A	$11M
EBIT	$48M
EBITDA	$59M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$280M
Cost of Revenue	$108M
GROSS PROFIT	$172M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$114M
Other Expenses	$10M
Operating Expenses	$125M
Cost & Expenses	$232M
OPERATING INCOME	$48M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	-$55.0K
INCOME BEFORE TAX	$48M
Income Tax Expense	$17M
Net Income from Continuing Ops	$30M
Net Income from Discontinued Ops	$5M
Other Adjustments	$0
NET INCOME	$35M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$35M
D&A	$11M
EBIT	$48M
EBITDA	$59M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$35M
Depreciation & Amortization	$11M
Stock-Based Compensation	$233.0K
Deferred Income Tax	$4M
Other Non-Cash Items	$44M
Change in Working Capital	-$79M
OPERATING CASH FLOW	$16M
Capital Expenditure	-$24M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$14M
NET CASH FROM INVESTING	-$38M
Net Debt Issuance	$44M
Common Stock Repurchased	-$32M
Common Dividends Paid	$0
Other Financing Activities	$2M
NET CASH FROM FINANCING	$21M
FREE CASH FLOW	-$8M
Net Change in Cash	-$1M

Balance Sheet

Item	Amount
Cash & Equivalents	$14M
Short-Term Investments	$0
Net Receivables	$82M
Inventory	$36M
Other Current Assets	$11M
TOTAL CURRENT ASSETS	$143M
PP&E (Net)	$44M
Goodwill	$72M
Intangible Assets	$0
Long-Term Investments	-$10M
Tax Assets	$10M
Other Non-Current Assets	$33M
TOTAL NON-CURRENT ASSETS	$149M
TOTAL ASSETS	$292M
Account Payables	$1M
Short-Term Debt	$2M
Deferred Revenue	$0
Other Current Liabilities	$3M
TOTAL CURRENT LIABILITIES	$21M
Long-Term Debt	$59M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$0
TOTAL NON-CURRENT LIABILITIES	$69M
TOTAL LIABILITIES	$90M
Common Stock	$359.0K
Additional Paid-In Capital	$111M
Retained Earnings	$170M
Treasury Stock	-$80M
Accum. Other Comp. Income	-$44M
Other Equity	$44M
TOTAL STOCKHOLDERS' EQUITY	$201M
Minority Interest	$0
TOTAL EQUITY	$201M
TOTAL LIABILITIES & EQUITY	$292M
Total Debt	$61M
Net Debt	$47M