HOLX FY 2020 Earnings Report — Hologic, Inc. Revenue & Financial Results | Market Cap Arena

Hologic, Inc.HOLX

FY 2020 Earnings

Reported November 17, 2020

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2020	Prior Q	FY 2019	QoQ Change	YoY Change
Revenue	$3.8B	—	$3.4B	—	12.1%
Op. Income	$1.1B	—	$134M	—	722.2%
Gross Margin	59.0%	—	38.8%	—	20.1pp
Net Margin	29.5%	—	-1.2%	—	30.7pp
EPS (Diluted)	$4.21	—	$-0.15	—	2906.7%
Free Cash Flow	$740M	—	$536M	—	38.1%

Revenue Flow

Item	Amount
REVENUE	$3.8B
Cost of Revenue	$1.5B
GROSS PROFIT	$2.2B
R&D Expenses	$223M
Selling & Marketing	$485M
General & Administrative	$356M
SG&A Expenses	$840M
Other Expenses	$60M
Operating Expenses	$1.1B
Cost & Expenses	$2.7B
OPERATING INCOME	$1.1B
Interest Income	$4M
Interest Expense	$117M
Other Income/Expenses	-$103M
INCOME BEFORE TAX	$1.0B
Income Tax Expense	-$109M
Net Income from Continuing Ops	$1.1B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.1B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.1B
D&A	$376M
EBIT	$1.1B
EBITDA	$1.5B
EPS	$4
EPS Diluted	$4

Income Statement

Item	Amount
REVENUE	$3.8B
Cost of Revenue	$1.5B
GROSS PROFIT	$2.2B
R&D Expenses	$223M
Selling & Marketing	$485M
General & Administrative	$356M
SG&A Expenses	$840M
Other Expenses	$60M
Operating Expenses	$1.1B
Cost & Expenses	$2.7B
OPERATING INCOME	$1.1B
Interest Income	$4M
Interest Expense	$117M
Other Income/Expenses	-$103M
INCOME BEFORE TAX	$1.0B
Income Tax Expense	-$109M
Net Income from Continuing Ops	$1.1B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.1B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.1B
D&A	$376M
EBIT	$1.1B
EBITDA	$1.5B
EPS	$4
EPS Diluted	$4

Cash Flow Statement

Item	Amount
Net Income	$1.1B
Depreciation & Amortization	$376M
Stock-Based Compensation	$83M
Deferred Income Tax	-$94M
Other Non-Cash Items	$58M
Change in Working Capital	-$636M
OPERATING CASH FLOW	$897M
Capital Expenditure	-$156M
Acquisitions (Net)	$20M
Purchases of Investments	-$2M
Sales/Maturities of Investments	$0
Other Investing Activities	-$3M
NET CASH FROM INVESTING	-$142M
Net Debt Issuance	-$32M
Common Stock Repurchased	-$654M
Common Dividends Paid	$0
Other Financing Activities	$25M
NET CASH FROM FINANCING	-$660M
FREE CASH FLOW	$740M
Net Change in Cash	$99M

Balance Sheet

Item	Amount
Cash & Equivalents	$701M
Short-Term Investments	$0
Net Receivables	$1.0B
Inventory	$395M
Other Current Assets	$59M
TOTAL CURRENT ASSETS	$2.2B
PP&E (Net)	$572M
Goodwill	$2.7B
Intangible Assets	$1.3B
Long-Term Investments	$11M
Tax Assets	$16M
Other Non-Current Assets	$409M
TOTAL NON-CURRENT ASSETS	$5.0B
TOTAL ASSETS	$7.2B
Account Payables	$179M
Short-Term Debt	$325M
Deferred Revenue	$186M
Other Current Liabilities	$263M
TOTAL CURRENT LIABILITIES	$1.2B
Long-Term Debt	$2.7B
Deferred Revenue NC	$13M
Deferred Tax Liabilities	$306M
Other Non-Current Liabilities	$134M
TOTAL NON-CURRENT LIABILITIES	$3.2B
TOTAL LIABILITIES	$4.5B
Common Stock	$3M
Additional Paid-In Capital	$5.9B
Retained Earnings	-$1.6B
Treasury Stock	-$1.6B
Accum. Other Comp. Income	-$50M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$2.7B
Minority Interest	$2M
TOTAL EQUITY	$2.7B
TOTAL LIABILITIES & EQUITY	$7.2B
Total Debt	$3.1B
Net Debt	$2.4B