HL FY 2016 Earnings Report — Hecla Mining Company Revenue & Financial Results | Market Cap Arena

Hecla Mining CompanyHL

FY 2016 Earnings

Reported February 23, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2016	Prior Q	FY 2015	QoQ Change	YoY Change
Revenue	$646M	—	$444M	—	45.6%
Op. Income	$117M	—	-$36M	—	428.4%
Gross Margin	29.6%	—	8.7%	—	21.0pp
Net Margin	10.8%	—	-19.6%	—	30.4pp
EPS (Diluted)	$0.18	—	$-0.23	—	178.3%
Free Cash Flow	$61M	—	-$31M	—	295.3%

Revenue Flow

Item	Amount
REVENUE	$646M
Cost of Revenue	$454M
GROSS PROFIT	$192M
R&D Expenses	$3M
Selling & Marketing	$0
General & Administrative	$45M
SG&A Expenses	$45M
Other Expenses	$18M
Operating Expenses	$66M
Cost & Expenses	$521M
OPERATING INCOME	$117M
Interest Income	$0
Interest Expense	$22M
Other Income/Expenses	-$12M
INCOME BEFORE TAX	$97M
Income Tax Expense	$27M
Net Income from Continuing Ops	$62M
Net Income from Discontinued Ops	$0
Other Adjustments	$8M
NET INCOME	$70M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$69M
D&A	$117M
EBIT	$119M
EBITDA	$236M
EPS	$0
EPS Diluted	$0

Income Statement

Item	Amount
REVENUE	$646M
Cost of Revenue	$454M
GROSS PROFIT	$192M
R&D Expenses	$3M
Selling & Marketing	$0
General & Administrative	$45M
SG&A Expenses	$45M
Other Expenses	$18M
Operating Expenses	$66M
Cost & Expenses	$521M
OPERATING INCOME	$117M
Interest Income	$0
Interest Expense	$22M
Other Income/Expenses	-$12M
INCOME BEFORE TAX	$97M
Income Tax Expense	$27M
Net Income from Continuing Ops	$62M
Net Income from Discontinued Ops	$0
Other Adjustments	$8M
NET INCOME	$70M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$69M
D&A	$117M
EBIT	$119M
EBITDA	$236M
EPS	$0
EPS Diluted	$0

Cash Flow Statement

Item	Amount
Net Income	$70M
Depreciation & Amortization	$117M
Stock-Based Compensation	$6M
Deferred Income Tax	$2M
Other Non-Cash Items	$8M
Change in Working Capital	$23M
OPERATING CASH FLOW	$225M
Capital Expenditure	-$165M
Acquisitions (Net)	-$4M
Purchases of Investments	-$49M
Sales/Maturities of Investments	$19M
Other Investing Activities	$348.0K
NET CASH FROM INVESTING	-$199M
Net Debt Issuance	-$11M
Common Stock Repurchased	-$4M
Common Dividends Paid	-$4M
Other Financing Activities	-$127.0K
NET CASH FROM FINANCING	-$12M
FREE CASH FLOW	$61M
Net Change in Cash	$15M

Balance Sheet

Item	Amount
Cash & Equivalents	$170M
Short-Term Investments	$29M
Net Receivables	$30M
Inventory	$50M
Other Current Assets	$12M
TOTAL CURRENT ASSETS	$303M
PP&E (Net)	$2.0B
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$5M
Tax Assets	$24M
Other Non-Current Assets	$7M
TOTAL NON-CURRENT ASSETS	$2.1B
TOTAL ASSETS	$2.4B
Account Payables	$60M
Short-Term Debt	$470.0K
Deferred Revenue	$51M
Other Current Liabilities	$24M
TOTAL CURRENT LIABILITIES	$127M
Long-Term Debt	$501M
Deferred Revenue NC	$124M
Deferred Tax Liabilities	$122M
Other Non-Current Liabilities	$259M
TOTAL NON-CURRENT LIABILITIES	$764M
TOTAL LIABILITIES	$892M
Common Stock	$100M
Additional Paid-In Capital	$1.6B
Retained Earnings	-$167M
Treasury Stock	-$15M
Accum. Other Comp. Income	-$35M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.5B
Minority Interest	$0
TOTAL EQUITY	$1.5B
TOTAL LIABILITIES & EQUITY	$2.4B
Total Debt	$513M
Net Debt	$343M