FCFS FY 2017 Earnings Report — FirstCash Holdings, Inc Revenue & Financial Results | Market Cap Arena

FirstCash Holdings, IncFCFS

FY 2017 Earnings

Reported February 20, 2018

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2017	Prior Q	FY 2016	QoQ Change	YoY Change
Revenue	$1.8B	—	$1.1B	—	63.5%
Op. Income	$218M	—	$149M	—	45.7%
Gross Margin	53.2%	—	55.6%	—	-2.3pp
Net Margin	8.1%	—	5.5%	—	2.6pp
EPS (Diluted)	$3.00	—	$1.72	—	74.4%
Free Cash Flow	$194M	—	$76M	—	154.4%

Revenue Flow

Item	Amount
REVENUE	$1.8B
Cost of Revenue	$832M
GROSS PROFIT	$948M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$122M
SG&A Expenses	$122M
Other Expenses	$607M
Operating Expenses	$730M
Cost & Expenses	$1.6B
OPERATING INCOME	$218M
Interest Income	$2M
Interest Expense	$24M
Other Income/Expenses	-$45M
INCOME BEFORE TAX	$172M
Income Tax Expense	$28M
Net Income from Continuing Ops	$144M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$144M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$144M
D&A	$55M
EBIT	$196M
EBITDA	$252M
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$1.8B
Cost of Revenue	$832M
GROSS PROFIT	$948M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$122M
SG&A Expenses	$122M
Other Expenses	$607M
Operating Expenses	$730M
Cost & Expenses	$1.6B
OPERATING INCOME	$218M
Interest Income	$2M
Interest Expense	$24M
Other Income/Expenses	-$45M
INCOME BEFORE TAX	$172M
Income Tax Expense	$28M
Net Income from Continuing Ops	$144M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$144M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$144M
D&A	$55M
EBIT	$196M
EBITDA	$252M
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$144M
Depreciation & Amortization	$55M
Stock-Based Compensation	$3M
Deferred Income Tax	-$14M
Other Non-Cash Items	$28M
Change in Working Capital	$5M
OPERATING CASH FLOW	$220M
Capital Expenditure	-$26M
Acquisitions (Net)	-$2M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$30M
NET CASH FROM INVESTING	$1M
Net Debt Issuance	-$64M
Common Stock Repurchased	-$92M
Common Dividends Paid	-$37M
Other Financing Activities	-$5M
NET CASH FROM FINANCING	-$198M
FREE CASH FLOW	$194M
Net Change in Cash	$24M

Balance Sheet

Item	Amount
Cash & Equivalents	$114M
Short-Term Investments	$0
Net Receivables	$431M
Inventory	$277M
Other Current Assets	$0
TOTAL CURRENT ASSETS	$842M
PP&E (Net)	$230M
Goodwill	$831M
Intangible Assets	$94M
Long-Term Investments	$0
Tax Assets	$11M
Other Non-Current Assets	$54M
TOTAL NON-CURRENT ASSETS	$1.2B
TOTAL ASSETS	$2.1B
Account Payables	$5M
Short-Term Debt	$0
Deferred Revenue	$32M
Other Current Liabilities	$54M
TOTAL CURRENT LIABILITIES	$121M
Long-Term Debt	$402M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$47M
Other Non-Current Liabilities	$18M
TOTAL NON-CURRENT LIABILITIES	$467M
TOTAL LIABILITIES	$587M
Common Stock	$493.0K
Additional Paid-In Capital	$1.2B
Retained Earnings	$494M
Treasury Stock	-$128M
Accum. Other Comp. Income	-$112M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.5B
Minority Interest	$0
TOTAL EQUITY	$1.5B
TOTAL LIABILITIES & EQUITY	$2.1B
Total Debt	$402M
Net Debt	$288M