FCFS FY 2015 Earnings Report — FirstCash Holdings, Inc Revenue & Financial Results | Market Cap Arena

FirstCash Holdings, IncFCFS

FY 2015 Earnings

Reported February 17, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2015	Prior Q	FY 2014	QoQ Change	YoY Change
Revenue	$705M	—	$713M	—	-1.2%
Op. Income	$114M	—	$131M	—	-13.0%
Gross Margin	55.5%	—	56.2%	—	-0.7pp
Net Margin	8.6%	—	11.9%	—	-3.3pp
EPS (Diluted)	$2.14	—	$2.93	—	-27.0%
Free Cash Flow	$72M	—	$74M	—	-2.8%

Revenue Flow

Item	Amount
REVENUE	$705M
Cost of Revenue	$313M
GROSS PROFIT	$391M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$52M
SG&A Expenses	$52M
Other Expenses	$226M
Operating Expenses	$277M
Cost & Expenses	$591M
OPERATING INCOME	$114M
Interest Income	$2M
Interest Expense	$17M
Other Income/Expenses	-$26M
INCOME BEFORE TAX	$88M
Income Tax Expense	$27M
Net Income from Continuing Ops	$61M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$61M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$61M
D&A	$18M
EBIT	$105M
EBITDA	$123M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$705M
Cost of Revenue	$313M
GROSS PROFIT	$391M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$52M
SG&A Expenses	$52M
Other Expenses	$226M
Operating Expenses	$277M
Cost & Expenses	$591M
OPERATING INCOME	$114M
Interest Income	$2M
Interest Expense	$17M
Other Income/Expenses	-$26M
INCOME BEFORE TAX	$88M
Income Tax Expense	$27M
Net Income from Continuing Ops	$61M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$61M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$61M
D&A	$18M
EBIT	$105M
EBITDA	$123M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$61M
Depreciation & Amortization	$18M
Stock-Based Compensation	$429.0K
Deferred Income Tax	-$430.0K
Other Non-Cash Items	$10M
Change in Working Capital	$4M
OPERATING CASH FLOW	$93M
Capital Expenditure	-$21M
Acquisitions (Net)	-$47M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$4M
NET CASH FROM INVESTING	-$72M
Net Debt Issuance	$36M
Common Stock Repurchased	-$40M
Common Dividends Paid	$0
Other Financing Activities	$14M
NET CASH FROM FINANCING	$9M
FREE CASH FLOW	$72M
Net Change in Cash	$19M

Balance Sheet

Item	Amount
Cash & Equivalents	$87M
Short-Term Investments	$0
Net Receivables	$135M
Inventory	$93M
Other Current Assets	$4M
TOTAL CURRENT ASSETS	$325M
PP&E (Net)	$112M
Goodwill	$296M
Intangible Assets	$6M
Long-Term Investments	$0
Tax Assets	$9M
Other Non-Current Assets	$14M
TOTAL NON-CURRENT ASSETS	$432M
TOTAL ASSETS	$757M
Account Payables	$2M
Short-Term Debt	$0
Deferred Revenue	$14M
Other Current Liabilities	$19M
TOTAL CURRENT LIABILITIES	$46M
Long-Term Debt	$254M
Deferred Revenue NC	-$58M
Deferred Tax Liabilities	$21M
Other Non-Current Liabilities	$0
TOTAL NON-CURRENT LIABILITIES	$279M
TOTAL LIABILITIES	$326M
Common Stock	$403.0K
Additional Paid-In Capital	$202M
Retained Earnings	$644M
Treasury Stock	-$337M
Accum. Other Comp. Income	-$78M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$431M
Minority Interest	$0
TOTAL EQUITY	$431M
TOTAL LIABILITIES & EQUITY	$757M
Total Debt	$258M
Net Debt	$171M