FCFS FY 2018 Earnings Report — FirstCash Holdings, Inc Revenue & Financial Results | Market Cap Arena

FirstCash Holdings, IncFCFS

FY 2018 Earnings

Reported February 4, 2019

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2018	Prior Q	FY 2017	QoQ Change	YoY Change
Revenue	$1.8B	—	$1.8B	—	0.1%
Op. Income	$240M	—	$218M	—	10.5%
Gross Margin	54.3%	—	53.2%	—	1.1pp
Net Margin	8.6%	—	8.1%	—	0.5pp
EPS (Diluted)	$3.41	—	$3.00	—	13.7%
Free Cash Flow	$208M	—	$194M	—	6.9%

Revenue Flow

Item	Amount
REVENUE	$1.8B
Cost of Revenue	$814M
GROSS PROFIT	$967M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$120M
SG&A Expenses	$120M
Other Expenses	$606M
Operating Expenses	$726M
Cost & Expenses	$1.5B
OPERATING INCOME	$240M
Interest Income	$2M
Interest Expense	$29M
Other Income/Expenses	-$35M
INCOME BEFORE TAX	$205M
Income Tax Expense	$52M
Net Income from Continuing Ops	$153M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$153M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$153M
D&A	$43M
EBIT	$234M
EBITDA	$277M
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$1.8B
Cost of Revenue	$814M
GROSS PROFIT	$967M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$120M
SG&A Expenses	$120M
Other Expenses	$606M
Operating Expenses	$726M
Cost & Expenses	$1.5B
OPERATING INCOME	$240M
Interest Income	$2M
Interest Expense	$29M
Other Income/Expenses	-$35M
INCOME BEFORE TAX	$205M
Income Tax Expense	$52M
Net Income from Continuing Ops	$153M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$153M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$153M
D&A	$43M
EBIT	$234M
EBITDA	$277M
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$153M
Depreciation & Amortization	$43M
Stock-Based Compensation	$6M
Deferred Income Tax	$7M
Other Non-Cash Items	$13M
Change in Working Capital	$21M
OPERATING CASH FLOW	$243M
Capital Expenditure	-$36M
Acquisitions (Net)	-$114M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$10M
NET CASH FROM INVESTING	-$159M
Net Debt Issuance	$188M
Common Stock Repurchased	-$274M
Common Dividends Paid	-$41M
Other Financing Activities	-$548.0K
NET CASH FROM FINANCING	-$127M
FREE CASH FLOW	$208M
Net Change in Cash	-$43M

Balance Sheet

Item	Amount
Cash & Equivalents	$72M
Short-Term Investments	$0
Net Receivables	$426M
Inventory	$275M
Other Current Assets	$0
TOTAL CURRENT ASSETS	$790M
PP&E (Net)	$252M
Goodwill	$917M
Intangible Assets	$88M
Long-Term Investments	$0
Tax Assets	$12M
Other Non-Current Assets	$49M
TOTAL NON-CURRENT ASSETS	$1.3B
TOTAL ASSETS	$2.1B
Account Payables	$7M
Short-Term Debt	$0
Deferred Revenue	$35M
Other Current Liabilities	$33M
TOTAL CURRENT LIABILITIES	$133M
Long-Term Debt	$591M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$55M
Other Non-Current Liabilities	$11M
TOTAL NON-CURRENT LIABILITIES	$657M
TOTAL LIABILITIES	$790M
Common Stock	$493.0K
Additional Paid-In Capital	$1.2B
Retained Earnings	$607M
Treasury Stock	-$401M
Accum. Other Comp. Income	-$113M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.3B
Minority Interest	$0
TOTAL EQUITY	$1.3B
TOTAL LIABILITIES & EQUITY	$2.1B
Total Debt	$591M
Net Debt	$519M