JJSF FY 2021 Earnings Report — J&J Snack Foods Corp. Revenue & Financial Results | Market Cap Arena

J&J Snack Foods Corp.JJSF

FY 2021 Earnings

Reported November 23, 2021

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2021	Prior Q	FY 2020	QoQ Change	YoY Change
Revenue	$1.1B	—	$1.0B	—	12.0%
Op. Income	$71M	—	$17M	—	314.2%
Gross Margin	26.1%	—	23.3%	—	2.8pp
Net Margin	4.9%	—	1.8%	—	3.1pp
EPS (Diluted)	$2.91	—	$0.96	—	203.1%
Free Cash Flow	$48M	—	$34M	—	39.6%

Revenue Flow

Item	Amount
REVENUE	$1.1B
Cost of Revenue	$846M
GROSS PROFIT	$299M
R&D Expenses	$619.0K
Selling & Marketing	$186M
General & Administrative	$41M
SG&A Expenses	$227M
Other Expenses	$334.0K
Operating Expenses	$228M
Cost & Expenses	$1.1B
OPERATING INCOME	$71M
Interest Income	$0
Interest Expense	$7.0K
Other Income/Expenses	$3M
INCOME BEFORE TAX	$74M
Income Tax Expense	$18M
Net Income from Continuing Ops	$56M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$56M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$56M
D&A	$49M
EBIT	$74M
EBITDA	$123M
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$1.1B
Cost of Revenue	$846M
GROSS PROFIT	$299M
R&D Expenses	$619.0K
Selling & Marketing	$186M
General & Administrative	$41M
SG&A Expenses	$227M
Other Expenses	$334.0K
Operating Expenses	$228M
Cost & Expenses	$1.1B
OPERATING INCOME	$71M
Interest Income	$0
Interest Expense	$7.0K
Other Income/Expenses	$3M
INCOME BEFORE TAX	$74M
Income Tax Expense	$18M
Net Income from Continuing Ops	$56M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$56M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$56M
D&A	$49M
EBIT	$74M
EBITDA	$123M
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$56M
Depreciation & Amortization	$49M
Stock-Based Compensation	$4M
Deferred Income Tax	-$3M
Other Non-Cash Items	$93.0K
Change in Working Capital	-$5M
OPERATING CASH FLOW	$101M
Capital Expenditure	-$54M
Acquisitions (Net)	$6M
Purchases of Investments	-$6M
Sales/Maturities of Investments	$61M
Other Investing Activities	$3M
NET CASH FROM INVESTING	$10M
Net Debt Issuance	-$144.0K
Common Stock Repurchased	$0
Common Dividends Paid	-$45M
Other Financing Activities	$0
NET CASH FROM FINANCING	-$25M
FREE CASH FLOW	$48M
Net Change in Cash	$87M

Balance Sheet

Item	Amount
Cash & Equivalents	$283M
Short-Term Investments	$8M
Net Receivables	$163M
Inventory	$123M
Other Current Assets	$0
TOTAL CURRENT ASSETS	$585M
PP&E (Net)	$322M
Goodwill	$122M
Intangible Assets	$78M
Long-Term Investments	$14M
Tax Assets	$30M
Other Non-Current Assets	$2M
TOTAL NON-CURRENT ASSETS	$567M
TOTAL ASSETS	$1.2B
Account Payables	$97M
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$18M
TOTAL CURRENT LIABILITIES	$168M
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$91M
Other Non-Current Liabilities	$409.0K
TOTAL NON-CURRENT LIABILITIES	$139M
TOTAL LIABILITIES	$306M
Common Stock	$74M
Additional Paid-In Capital	$0
Retained Earnings	$785M
Treasury Stock	$0
Accum. Other Comp. Income	-$13M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$846M
Minority Interest	$0
TOTAL EQUITY	$846M
TOTAL LIABILITIES & EQUITY	$1.2B
Total Debt	$61M
Net Debt	-$223M