FF FY 2014 Earnings Report — FutureFuel Corp. Revenue & Financial Results | Market Cap Arena

FutureFuel Corp.FF

FY 2014 Earnings

Reported March 12, 2015

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2014	Prior Q	FY 2013	QoQ Change	YoY Change
Revenue	$342M	—	$445M	—	-23.2%
Op. Income	$56M	—	$90M	—	-37.8%
Gross Margin	19.3%	—	22.5%	—	-3.2pp
Net Margin	15.6%	—	16.6%	—	-1.1pp
EPS (Diluted)	$1.22	—	$1.71	—	-28.7%
Free Cash Flow	$44M	—	$44M	—	-0.2%

Revenue Flow

Item	Amount
REVENUE	$342M
Cost of Revenue	$276M
GROSS PROFIT	$66M
R&D Expenses	$3M
Selling & Marketing	$0
General & Administrative	$7M
SG&A Expenses	$7M
Other Expenses	$0
Operating Expenses	$10M
Cost & Expenses	$286M
OPERATING INCOME	$56M
Interest Income	$7M
Interest Expense	$25.0K
Other Income/Expenses	$11M
INCOME BEFORE TAX	$67M
Income Tax Expense	$14M
Net Income from Continuing Ops	$53M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$53M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$53M
D&A	$9M
EBIT	$67M
EBITDA	$65M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$342M
Cost of Revenue	$276M
GROSS PROFIT	$66M
R&D Expenses	$3M
Selling & Marketing	$0
General & Administrative	$7M
SG&A Expenses	$7M
Other Expenses	$0
Operating Expenses	$10M
Cost & Expenses	$286M
OPERATING INCOME	$56M
Interest Income	$7M
Interest Expense	$25.0K
Other Income/Expenses	$11M
INCOME BEFORE TAX	$67M
Income Tax Expense	$14M
Net Income from Continuing Ops	$53M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$53M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$53M
D&A	$9M
EBIT	$67M
EBITDA	$65M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$53M
Depreciation & Amortization	$9M
Stock-Based Compensation	$1M
Deferred Income Tax	$5M
Other Non-Cash Items	-$4M
Change in Working Capital	-$13M
OPERATING CASH FLOW	$52M
Capital Expenditure	-$8M
Acquisitions (Net)	$8M
Purchases of Investments	-$42M
Sales/Maturities of Investments	$57M
Other Investing Activities	-$8M
NET CASH FROM INVESTING	$7M
Net Debt Issuance	$0
Common Stock Repurchased	-$175.0K
Common Dividends Paid	-$21M
Other Financing Activities	-$116.0K
NET CASH FROM FINANCING	-$21M
FREE CASH FLOW	$44M
Net Change in Cash	$38M

Balance Sheet

Item	Amount
Cash & Equivalents	$124M
Short-Term Investments	$88M
Net Receivables	$22M
Inventory	$45M
Other Current Assets	$50M
TOTAL CURRENT ASSETS	$331M
PP&E (Net)	$127M
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$0
Tax Assets	$11M
Other Non-Current Assets	-$8M
TOTAL NON-CURRENT ASSETS	$130M
TOTAL ASSETS	$461M
Account Payables	$33M
Short-Term Debt	$0
Deferred Revenue	$2M
Other Current Liabilities	$14M
TOTAL CURRENT LIABILITIES	$52M
Long-Term Debt	$0
Deferred Revenue NC	$16M
Deferred Tax Liabilities	$30M
Other Non-Current Liabilities	$4M
TOTAL NON-CURRENT LIABILITIES	$50M
TOTAL LIABILITIES	$102M
Common Stock	$4.0K
Additional Paid-In Capital	$278M
Retained Earnings	$77M
Treasury Stock	$0
Accum. Other Comp. Income	$4M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$359M
Minority Interest	$0
TOTAL EQUITY	$359M
TOTAL LIABILITIES & EQUITY	$461M
Total Debt	$0
Net Debt	-$124M