FCFS FY 2016 Earnings Report — FirstCash Holdings, Inc Revenue & Financial Results | Market Cap Arena

FirstCash Holdings, IncFCFS

FY 2016 Earnings

Reported March 1, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2016	Prior Q	FY 2015	QoQ Change	YoY Change
Revenue	$1.1B	—	$705M	—	54.5%
Op. Income	$149M	—	$114M	—	31.2%
Gross Margin	55.6%	—	55.5%	—	0.1pp
Net Margin	5.5%	—	8.6%	—	-3.1pp
EPS (Diluted)	$1.72	—	$2.14	—	-19.6%
Free Cash Flow	$76M	—	$72M	—	6.6%

Revenue Flow

Item	Amount
REVENUE	$1.1B
Cost of Revenue	$484M
GROSS PROFIT	$605M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$97M
SG&A Expenses	$97M
Other Expenses	$359M
Operating Expenses	$455M
Cost & Expenses	$939M
OPERATING INCOME	$149M
Interest Income	$751.0K
Interest Expense	$20M
Other Income/Expenses	-$56M
INCOME BEFORE TAX	$93M
Income Tax Expense	$33M
Net Income from Continuing Ops	$60M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$60M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$60M
D&A	$32M
EBIT	$114M
EBITDA	$146M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$1.1B
Cost of Revenue	$484M
GROSS PROFIT	$605M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$97M
SG&A Expenses	$97M
Other Expenses	$359M
Operating Expenses	$455M
Cost & Expenses	$939M
OPERATING INCOME	$149M
Interest Income	$751.0K
Interest Expense	$20M
Other Income/Expenses	-$56M
INCOME BEFORE TAX	$93M
Income Tax Expense	$33M
Net Income from Continuing Ops	$60M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$60M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$60M
D&A	$32M
EBIT	$114M
EBITDA	$146M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$60M
Depreciation & Amortization	$32M
Stock-Based Compensation	$4M
Deferred Income Tax	$12M
Other Non-Cash Items	$6M
Change in Working Capital	-$17M
OPERATING CASH FLOW	$97M
Capital Expenditure	-$20M
Acquisitions (Net)	-$38M
Purchases of Investments	$0
Sales/Maturities of Investments	$62M
Other Investing Activities	-$29M
NET CASH FROM INVESTING	-$26M
Net Debt Issuance	-$37M
Common Stock Repurchased	$0
Common Dividends Paid	-$20M
Other Financing Activities	-$2M
NET CASH FROM FINANCING	-$59M
FREE CASH FLOW	$76M
Net Change in Cash	$3M

Balance Sheet

Item	Amount
Cash & Equivalents	$90M
Short-Term Investments	$0
Net Receivables	$446M
Inventory	$331M
Other Current Assets	$13M
TOTAL CURRENT ASSETS	$892M
PP&E (Net)	$236M
Goodwill	$831M
Intangible Assets	$104M
Long-Term Investments	$0
Tax Assets	$10M
Other Non-Current Assets	$72M
TOTAL NON-CURRENT ASSETS	$1.3B
TOTAL ASSETS	$2.1B
Account Payables	$12M
Short-Term Debt	$0
Deferred Revenue	$34M
Other Current Liabilities	$57M
TOTAL CURRENT LIABILITIES	$144M
Long-Term Debt	$457M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$61M
Other Non-Current Liabilities	$34M
TOTAL NON-CURRENT LIABILITIES	$552M
TOTAL LIABILITIES	$695M
Common Stock	$493.0K
Additional Paid-In Capital	$1.2B
Retained Earnings	$387M
Treasury Stock	-$36M
Accum. Other Comp. Income	-$120M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.4B
Minority Interest	$0
TOTAL EQUITY	$1.4B
TOTAL LIABILITIES & EQUITY	$2.1B
Total Debt	$457M
Net Debt	$367M