GOLF Q4 2021 Earnings — Acushnet Holdings Corp. Revenue & Financial Results | Market Cap Arena

GOLFAcushnet Holdings Corp.

$6B

Q4 2021 Earnings

Consumer Cyclical Leisure

Income Statement

Revenue

$421M+0.0% YoY

Gross Profit

$204M48.6% margin

Operating Income

-$22M-5.2% margin

Net Income

-$26M-6.3% margin

EPS (Diluted)

$-0.36

QoQ Revenue Growth

-19.4%

Cash Flow

Operating Cash Flow

$34M

Free Cash Flow

$16M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$2.0B

Total Liabilities

$922M

Stockholders' Equity

$1.0B

Cash & Equivalents

$282M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$421M	$420M	+0.0%
Gross Profit	$204M	$220M	-7.2%
Operating Income	-$22M	$27M	-180.9%
Net Income	-$26M	$22M	-222.4%

Revenue Segments

Titleist Golf Balls

$124M33%

Footjoy Golf Wear

$119M31%

Titleist Golf Clubs

$107M28%

Titleist Golf Gear

$28M7%

Geographic Segments

UNITED STATES

$218M52%

KOREA, REPUBLIC OF

$71M17%

EMEA

$49M12%

Rest Of World

$44M11%

JAPAN

$38M9%