G Q3 2016 Earnings Report — Genpact Limited Revenue & Financial Results | Market Cap Arena

Genpact LimitedG

Q3 2016 Earnings

Reported November 8, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q3 2016	Q2 2016	Q3 2015	QoQ Change	YoY Change
Revenue	$649M	$631M	—	2.9%	—
Op. Income	$87M	$80M	—	9.0%	—
Gross Margin	39.5%	39.1%	—	0.4pp	—
Net Margin	10.5%	10.2%	—	0.3pp	—
EPS (Diluted)	$0.33	$0.31	—	6.5%	—
Free Cash Flow	$126M	$70M	—	80.2%	—

Revenue Flow

Item	Amount
REVENUE	$649M
Cost of Revenue	$392M
GROSS PROFIT	$256M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$155M
SG&A Expenses	$155M
Other Expenses	$15M
Operating Expenses	$169M
Cost & Expenses	$562M
OPERATING INCOME	$87M
Interest Income	$1M
Interest Expense	$6M
Other Income/Expenses	-$2M
INCOME BEFORE TAX	$85M
Income Tax Expense	$17M
Net Income from Continuing Ops	$68M
Net Income from Discontinued Ops	$0
Other Adjustments	$734.0K
NET INCOME	$68M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$69M
D&A	$20M
EBIT	$91M
EBITDA	$112M
EPS	$0
EPS Diluted	$0

Income Statement

Item	Amount
REVENUE	$649M
Cost of Revenue	$392M
GROSS PROFIT	$256M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$155M
SG&A Expenses	$155M
Other Expenses	$15M
Operating Expenses	$169M
Cost & Expenses	$562M
OPERATING INCOME	$87M
Interest Income	$1M
Interest Expense	$6M
Other Income/Expenses	-$2M
INCOME BEFORE TAX	$85M
Income Tax Expense	$17M
Net Income from Continuing Ops	$68M
Net Income from Discontinued Ops	$0
Other Adjustments	$734.0K
NET INCOME	$68M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$69M
D&A	$20M
EBIT	$91M
EBITDA	$112M
EPS	$0
EPS Diluted	$0

Cash Flow Statement

Item	Amount
Net Income	$68M
Depreciation & Amortization	$20M
Stock-Based Compensation	$0
Deferred Income Tax	-$9M
Other Non-Cash Items	$2M
Change in Working Capital	$61M
OPERATING CASH FLOW	$144M
Capital Expenditure	-$18M
Acquisitions (Net)	-$12M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$0
NET CASH FROM INVESTING	-$32M
Net Debt Issuance	$45M
Common Stock Repurchased	-$156M
Common Dividends Paid	$0
Other Financing Activities	$6M
NET CASH FROM FINANCING	-$105M
FREE CASH FLOW	$126M
Net Change in Cash	$12M

Balance Sheet

Item	Amount
Cash & Equivalents	$419M
Short-Term Investments	$0
Net Receivables	$610M
Inventory	$190M
Other Current Assets	$87M
TOTAL CURRENT ASSETS	$1.2B
PP&E (Net)	$190M
Goodwill	$1.1B
Intangible Assets	$80M
Long-Term Investments	$6M
Tax Assets	$79M
Other Non-Current Assets	$220M
TOTAL NON-CURRENT ASSETS	$1.7B
TOTAL ASSETS	$2.9B
Account Payables	$10M
Short-Term Debt	$154M
Deferred Revenue	$72M
Other Current Liabilities	$167M
TOTAL CURRENT LIABILITIES	$697M
Long-Term Debt	$708M
Deferred Revenue NC	$78M
Deferred Tax Liabilities	$4M
Other Non-Current Liabilities	$95M
TOTAL NON-CURRENT LIABILITIES	$887M
TOTAL LIABILITIES	$1.6B
Common Stock	$2M
Additional Paid-In Capital	$1.4B
Retained Earnings	$361M
Treasury Stock	$0
Accum. Other Comp. Income	-$441M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.3B
Minority Interest	$2M
TOTAL EQUITY	$1.3B
TOTAL LIABILITIES & EQUITY	$2.9B
Total Debt	$862M
Net Debt	$443M