G FY 2019 Earnings Report — Genpact Limited Revenue & Financial Results | Market Cap Arena

Genpact LimitedG

FY 2019 Earnings

Reported March 2, 2020

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2019	Prior Q	FY 2018	QoQ Change	YoY Change
Revenue	$3.5B	—	$3.0B	—	17.3%
Op. Income	$429M	—	$348M	—	23.3%
Gross Margin	34.8%	—	36.0%	—	-1.1pp
Net Margin	8.7%	—	9.4%	—	-0.7pp
EPS (Diluted)	$1.56	—	$1.45	—	7.6%
Free Cash Flow	$319M	—	$179M	—	78.2%

Revenue Flow

Item	Amount
REVENUE	$3.5B
Cost of Revenue	$2.3B
GROSS PROFIT	$1.2B
R&D Expenses	$0
Selling & Marketing	$10M
General & Administrative	$785M
SG&A Expenses	$795M
Other Expenses	$2M
Operating Expenses	$796M
Cost & Expenses	$3.1B
OPERATING INCOME	$429M
Interest Income	$7M
Interest Expense	$51M
Other Income/Expenses	-$30M
INCOME BEFORE TAX	$399M
Income Tax Expense	$95M
Net Income from Continuing Ops	$305M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$305M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$305M
D&A	$129M
EBIT	$450M
EBITDA	$579M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$3.5B
Cost of Revenue	$2.3B
GROSS PROFIT	$1.2B
R&D Expenses	$0
Selling & Marketing	$10M
General & Administrative	$785M
SG&A Expenses	$795M
Other Expenses	$2M
Operating Expenses	$796M
Cost & Expenses	$3.1B
OPERATING INCOME	$429M
Interest Income	$7M
Interest Expense	$51M
Other Income/Expenses	-$30M
INCOME BEFORE TAX	$399M
Income Tax Expense	$95M
Net Income from Continuing Ops	$305M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$305M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$305M
D&A	$129M
EBIT	$450M
EBITDA	$579M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$305M
Depreciation & Amortization	$128M
Stock-Based Compensation	$0
Deferred Income Tax	-$16M
Other Non-Cash Items	$58M
Change in Working Capital	-$47M
OPERATING CASH FLOW	$428M
Capital Expenditure	-$109M
Acquisitions (Net)	-$251M
Purchases of Investments	$0
Sales/Maturities of Investments	$2M
Other Investing Activities	$0
NET CASH FROM INVESTING	-$357M
Net Debt Issuance	$131M
Common Stock Repurchased	-$30M
Common Dividends Paid	-$65M
Other Financing Activities	-$17M
NET CASH FROM FINANCING	$40M
FREE CASH FLOW	$319M
Net Change in Cash	$99M

Balance Sheet

Item	Amount
Cash & Equivalents	$467M
Short-Term Investments	$0
Net Receivables	$933M
Inventory	$0
Other Current Assets	$67M
TOTAL CURRENT ASSETS	$1.6B
PP&E (Net)	$618M
Goodwill	$1.6B
Intangible Assets	$231M
Long-Term Investments	$0
Tax Assets	$90M
Other Non-Current Assets	$389M
TOTAL NON-CURRENT ASSETS	$2.9B
TOTAL ASSETS	$4.5B
Account Payables	$22M
Short-Term Debt	$104M
Deferred Revenue	$97M
Other Current Liabilities	$392M
TOTAL CURRENT LIABILITIES	$910M
Long-Term Debt	$1.3B
Deferred Revenue NC	$79M
Deferred Tax Liabilities	$4M
Other Non-Current Liabilities	$110M
TOTAL NON-CURRENT LIABILITIES	$1.9B
TOTAL LIABILITIES	$2.8B
Common Stock	$2M
Additional Paid-In Capital	$1.6B
Retained Earnings	$649M
Treasury Stock	$0
Accum. Other Comp. Income	-$532M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.7B
Minority Interest	$0
TOTAL EQUITY	$1.7B
TOTAL LIABILITIES & EQUITY	$4.5B
Total Debt	$1.8B
Net Debt	$1.4B