FF FY 2012 Earnings Report — FutureFuel Corp. Revenue & Financial Results | Market Cap Arena

FutureFuel Corp.FF

FY 2012 Earnings

Reported March 18, 2013

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2012	Prior Q	FY 2011	QoQ Change	YoY Change
Revenue	$352M	—	$310M	—	13.5%
Op. Income	$46M	—	$52M	—	-10.7%
Gross Margin	16.3%	—	19.9%	—	-3.7pp
Net Margin	9.8%	—	11.1%	—	-1.4pp
EPS (Diluted)	$0.83	—	$0.84	—	-1.2%
Free Cash Flow	$56M	—	$27M	—	104.9%

Revenue Flow

Item	Amount
REVENUE	$352M
Cost of Revenue	$295M
GROSS PROFIT	$57M
R&D Expenses	$3M
Selling & Marketing	$0
General & Administrative	$8M
SG&A Expenses	$8M
Other Expenses	$112.0K
Operating Expenses	$7M
Cost & Expenses	$306M
OPERATING INCOME	$46M
Interest Income	$5M
Interest Expense	$27.0K
Other Income/Expenses	$9M
INCOME BEFORE TAX	$55M
Income Tax Expense	$21M
Net Income from Continuing Ops	$34M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$34M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$34M
D&A	$10M
EBIT	$55M
EBITDA	$65M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$352M
Cost of Revenue	$295M
GROSS PROFIT	$57M
R&D Expenses	$3M
Selling & Marketing	$0
General & Administrative	$8M
SG&A Expenses	$8M
Other Expenses	$112.0K
Operating Expenses	$7M
Cost & Expenses	$306M
OPERATING INCOME	$46M
Interest Income	$5M
Interest Expense	$27.0K
Other Income/Expenses	$9M
INCOME BEFORE TAX	$55M
Income Tax Expense	$21M
Net Income from Continuing Ops	$34M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$34M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$34M
D&A	$10M
EBIT	$55M
EBITDA	$65M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$34M
Depreciation & Amortization	$10M
Stock-Based Compensation	$281.0K
Deferred Income Tax	$2M
Other Non-Cash Items	-$5M
Change in Working Capital	$23M
OPERATING CASH FLOW	$65M
Capital Expenditure	-$9M
Acquisitions (Net)	$9M
Purchases of Investments	-$60M
Sales/Maturities of Investments	$36M
Other Investing Activities	-$9M
NET CASH FROM INVESTING	-$33M
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	-$67M
Other Financing Activities	$106.0K
NET CASH FROM FINANCING	-$63M
FREE CASH FLOW	$56M
Net Change in Cash	-$31M

Balance Sheet

Item	Amount
Cash & Equivalents	$59M
Short-Term Investments	$88M
Net Receivables	$23M
Inventory	$42M
Other Current Assets	$1M
TOTAL CURRENT ASSETS	$214M
PP&E (Net)	$139M
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$2M
TOTAL NON-CURRENT ASSETS	$141M
TOTAL ASSETS	$355M
Account Payables	$16M
Short-Term Debt	$0
Deferred Revenue	$6M
Other Current Liabilities	$4M
TOTAL CURRENT LIABILITIES	$36M
Long-Term Debt	$0
Deferred Revenue NC	$28M
Deferred Tax Liabilities	$30M
Other Non-Current Liabilities	$948.0K
TOTAL NON-CURRENT LIABILITIES	$59M
TOTAL LIABILITIES	$95M
Common Stock	$4.0K
Additional Paid-In Capital	$257M
Retained Earnings	$692.0K
Treasury Stock	$0
Accum. Other Comp. Income	$3M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$260M
Minority Interest	$0
TOTAL EQUITY	$260M
TOTAL LIABILITIES & EQUITY	$355M
Total Debt	$0
Net Debt	-$59M