FCFS FY 2022 Earnings Report — FirstCash Holdings, Inc Revenue & Financial Results | Market Cap Arena

FirstCash Holdings, IncFCFS

FY 2022 Earnings

Reported February 6, 2023

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2022	Prior Q	FY 2021	QoQ Change	YoY Change
Revenue	$2.7B	—	$1.7B	—	60.6%
Op. Income	$284M	—	$197M	—	44.0%
Gross Margin	46.3%	—	54.1%	—	-7.8pp
Net Margin	9.3%	—	7.4%	—	1.9pp
EPS (Diluted)	$5.36	—	$3.04	—	76.3%
Free Cash Flow	$434M	—	$181M	—	139.3%

Revenue Flow

Item	Amount
REVENUE	$2.7B
Cost of Revenue	$1.5B
GROSS PROFIT	$1.3B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$148M
SG&A Expenses	$148M
Other Expenses	$833M
Operating Expenses	$981M
Cost & Expenses	$2.4B
OPERATING INCOME	$284M
Interest Income	$1M
Interest Expense	$71M
Other Income/Expenses	$40M
INCOME BEFORE TAX	$324M
Income Tax Expense	$70M
Net Income from Continuing Ops	$253M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$253M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$253M
D&A	$457M
EBIT	$394M
EBITDA	$852M
EPS	$5
EPS Diluted	$5

Income Statement

Item	Amount
REVENUE	$2.7B
Cost of Revenue	$1.5B
GROSS PROFIT	$1.3B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$148M
SG&A Expenses	$148M
Other Expenses	$833M
Operating Expenses	$981M
Cost & Expenses	$2.4B
OPERATING INCOME	$284M
Interest Income	$1M
Interest Expense	$71M
Other Income/Expenses	$40M
INCOME BEFORE TAX	$324M
Income Tax Expense	$70M
Net Income from Continuing Ops	$253M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$253M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$253M
D&A	$457M
EBIT	$394M
EBITDA	$852M
EPS	$5
EPS Diluted	$5

Cash Flow Statement

Item	Amount
Net Income	$253M
Depreciation & Amortization	$457M
Stock-Based Compensation	$11M
Deferred Income Tax	$42M
Other Non-Cash Items	$198M
Change in Working Capital	-$492M
OPERATING CASH FLOW	$469M
Capital Expenditure	-$36M
Acquisitions (Net)	-$97M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$204M
NET CASH FROM INVESTING	-$336M
Net Debt Issuance	$80M
Common Stock Repurchased	-$158M
Common Dividends Paid	-$60M
Other Financing Activities	-$2M
NET CASH FROM FINANCING	-$139M
FREE CASH FLOW	$434M
Net Change in Cash	-$3M

Balance Sheet

Item	Amount
Cash & Equivalents	$117M
Short-Term Investments	$0
Net Receivables	$552M
Inventory	$288M
Other Current Assets	$173M
TOTAL CURRENT ASSETS	$1.1B
PP&E (Net)	$846M
Goodwill	$1.6B
Intangible Assets	$330M
Long-Term Investments	$0
Tax Assets	$7M
Other Non-Current Assets	$9M
TOTAL NON-CURRENT ASSETS	$2.8B
TOTAL ASSETS	$3.9B
Account Payables	$27M
Short-Term Debt	$0
Deferred Revenue	$63M
Other Current Liabilities	$39M
TOTAL CURRENT LIABILITIES	$296M
Long-Term Debt	$1.4B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$152M
Other Non-Current Liabilities	$0
TOTAL NON-CURRENT LIABILITIES	$1.7B
TOTAL LIABILITIES	$2.0B
Common Stock	$573.0K
Additional Paid-In Capital	$1.7B
Retained Earnings	$1.1B
Treasury Stock	-$809M
Accum. Other Comp. Income	-$107M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.9B
Minority Interest	$0
TOTAL EQUITY	$1.9B
TOTAL LIABILITIES & EQUITY	$3.9B
Total Debt	$1.7B
Net Debt	$1.6B