KLC Q3 2020 Earnings Report — KinderCare Learning Companies, Inc. Revenue & Financial Results | Market Cap Arena

KinderCare Learning Companies, Inc.KLC

Q3 2020 Earnings

Reported September 30, 2020

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q3 2020	Q2 2020	Q3 2019	QoQ Change	YoY Change
Revenue	$327M	—	—	—	—
Op. Income	-$9M	—	—	—	—
Gross Margin	15.8%	—	—	—	—
Net Margin	-6.8%	—	—	—	—
EPS (Diluted)	$-0.20	—	—	—	—
Free Cash Flow	-$38M	—	—	—	—

Income Statement

Item	Amount
REVENUE	$327M
Cost of Revenue	$275M
GROSS PROFIT	$52M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$61M
Operating Expenses	$61M
Cost & Expenses	$336M
OPERATING INCOME	-$9M
Interest Income	$0
Interest Expense	$24M
Other Income/Expenses	-$3M
INCOME BEFORE TAX	-$12M
Income Tax Expense	$10M
Net Income from Continuing Ops	-$22M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	-$22M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	-$22M
D&A	$21M
EBIT	-$7M
EBITDA	$14M
EPS	-$0
EPS Diluted	-$0

Cash Flow Statement

Item	Amount
Net Income	-$22M
Depreciation & Amortization	$22M
Stock-Based Compensation	$137.0K
Deferred Income Tax	$0
Other Non-Cash Items	-$53M
Change in Working Capital	$25M
OPERATING CASH FLOW	-$28M
Capital Expenditure	-$10M
Acquisitions (Net)	-$2M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$9.0K
NET CASH FROM INVESTING	-$11M
Net Debt Issuance	$26M
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	$25M
NET CASH FROM FINANCING	$51M
FREE CASH FLOW	-$38M
Net Change in Cash	$11M