IBKR FY 2006 Earnings Report — Interactive Brokers Group, Inc. Revenue & Financial Results | Market Cap Arena

Interactive Brokers Group, Inc.IBKR

FY 2006 Earnings

Reported December 30, 2006

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2006	Prior Q	FY 2005	QoQ Change	YoY Change
Revenue	$1.7B	—	—	—	—
Op. Income	$762M	—	—	—	—
Gross Margin	72.1%	—	—	—	—
Net Margin	42.3%	—	—	—	—
EPS (Diluted)	$0.46	—	—	—	—
Free Cash Flow	-$232M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$1.7B
Cost of Revenue	$484M
GROSS PROFIT	$1.3B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$468M
SG&A Expenses	$468M
Other Expenses	$23M
Operating Expenses	$491M
Cost & Expenses	$975M
OPERATING INCOME	$762M
Interest Income	$672M
Interest Expense	$484M
Other Income/Expenses	$0
INCOME BEFORE TAX	$762M
Income Tax Expense	$27M
Net Income from Continuing Ops	$734M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$734M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$734M
D&A	$12M
EBIT	$1.2B
EBITDA	$1.3B
EPS	$0
EPS Diluted	$0

Income Statement

Item	Amount
REVENUE	$1.7B
Cost of Revenue	$484M
GROSS PROFIT	$1.3B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$468M
SG&A Expenses	$468M
Other Expenses	$23M
Operating Expenses	$491M
Cost & Expenses	$975M
OPERATING INCOME	$762M
Interest Income	$672M
Interest Expense	$484M
Other Income/Expenses	$0
INCOME BEFORE TAX	$762M
Income Tax Expense	$27M
Net Income from Continuing Ops	$734M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$734M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$734M
D&A	$12M
EBIT	$1.2B
EBITDA	$1.3B
EPS	$0
EPS Diluted	$0

Cash Flow Statement

Item	Amount
Net Income	$734M
Depreciation & Amortization	$12M
Stock-Based Compensation	$0
Deferred Income Tax	-$587.0K
Other Non-Cash Items	$49M
Change in Working Capital	-$1.0B
OPERATING CASH FLOW	-$219M
Capital Expenditure	-$12M
Acquisitions (Net)	$0
Purchases of Investments	-$39M
Sales/Maturities of Investments	$0
Other Investing Activities	$1M
NET CASH FROM INVESTING	-$50M
Net Debt Issuance	$662M
Common Stock Repurchased	$0
Common Dividends Paid	-$165M
Other Financing Activities	$7M
NET CASH FROM FINANCING	$504M
FREE CASH FLOW	-$232M
Net Change in Cash	$261M

Balance Sheet

Item	Amount
Cash & Equivalents	$669M
Short-Term Investments	$0
Net Receivables	$1.8B
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$2.4B
PP&E (Net)	$0
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$29.6B
TOTAL NON-CURRENT ASSETS	$29.6B
TOTAL ASSETS	$32.1B
Account Payables	$4.7B
Short-Term Debt	$1.3B
Deferred Revenue	$0
Other Current Liabilities	$14.8B
TOTAL CURRENT LIABILITIES	$21.0B
Long-Term Debt	$301M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$8.0B
TOTAL NON-CURRENT LIABILITIES	$8.3B
TOTAL LIABILITIES	$29.3B
Common Stock	$2.8B
Additional Paid-In Capital	$0
Retained Earnings	$0
Treasury Stock	$0
Accum. Other Comp. Income	$99M
Other Equity	-$99M
TOTAL STOCKHOLDERS' EQUITY	$2.8B
Minority Interest	$0
TOTAL EQUITY	$2.8B
TOTAL LIABILITIES & EQUITY	$32.1B
Total Debt	$1.6B
Net Debt	$928M