LBTYK FY 2022 Earnings Report — Liberty Global plc Revenue & Financial Results | Market Cap Arena

Liberty Global plcLBTYK

FY 2022 Earnings

Reported March 28, 2023

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2022	Prior Q	FY 2021	QoQ Change	YoY Change
Revenue	$4.0B	—	$10.3B	—	-61.0%
Op. Income	$110M	—	$1.3B	—	-91.7%
Gross Margin	73.5%	—	70.7%	—	2.7pp
Net Margin	36.7%	—	130.2%	—	-93.5pp
EPS (Diluted)	$0.52	—	$23.45	—	-97.8%
Free Cash Flow	$1.9B	—	$2.1B	—	-9.1%

Revenue Flow

Item	Amount
REVENUE	$4.0B
Cost of Revenue	$1.1B
GROSS PROFIT	$3.0B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$1.0B
Other Expenses	$1.8B
Operating Expenses	$2.8B
Cost & Expenses	$3.9B
OPERATING INCOME	$110M
Interest Income	$77M
Interest Expense	$589M
Other Income/Expenses	$1.1B
INCOME BEFORE TAX	$1.2B
Income Tax Expense	$407M
Net Income from Continuing Ops	$772M
Net Income from Discontinued Ops	$1.2B
Other Adjustments	$0
NET INCOME	$1.5B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$259M
D&A	$1.1B
EBIT	$172M
EBITDA	$1.3B
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$4.0B
Cost of Revenue	$1.1B
GROSS PROFIT	$3.0B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$1.0B
Other Expenses	$1.8B
Operating Expenses	$2.8B
Cost & Expenses	$3.9B
OPERATING INCOME	$110M
Interest Income	$77M
Interest Expense	$589M
Other Income/Expenses	$1.1B
INCOME BEFORE TAX	$1.2B
Income Tax Expense	$407M
Net Income from Continuing Ops	$772M
Net Income from Discontinued Ops	$1.2B
Other Adjustments	$0
NET INCOME	$1.5B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$259M
D&A	$1.1B
EBIT	$172M
EBITDA	$1.3B
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$1.5B
Depreciation & Amortization	$1.1B
Stock-Based Compensation	$163M
Deferred Income Tax	$0
Other Non-Cash Items	-$117M
Change in Working Capital	$200M
OPERATING CASH FLOW	$2.8B
Capital Expenditure	-$891M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$2.2B
NET CASH FROM INVESTING	$1.3B
Net Debt Issuance	-$242M
Common Stock Repurchased	-$1.7B
Common Dividends Paid	$0
Other Financing Activities	-$1.3B
NET CASH FROM FINANCING	-$3.3B
FREE CASH FLOW	$1.9B
Net Change in Cash	$815M

Balance Sheet

Item	Amount
Cash & Equivalents	$1.7B
Short-Term Investments	$2.6B
Net Receivables	$903M
Inventory	$0
Other Current Assets	$1.0B
TOTAL CURRENT ASSETS	$6.3B
PP&E (Net)	$8.2B
Goodwill	$9.3B
Intangible Assets	$2.3B
Long-Term Investments	$16.0B
Tax Assets	$234M
Other Non-Current Assets	$440M
TOTAL NON-CURRENT ASSETS	$36.6B
TOTAL ASSETS	$42.9B
Account Payables	$610M
Short-Term Debt	$945M
Deferred Revenue	$264M
Other Current Liabilities	$1.9B
TOTAL CURRENT LIABILITIES	$3.9B
Long-Term Debt	$12.6B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$534M
Other Non-Current Liabilities	$1.3B
TOTAL NON-CURRENT LIABILITIES	$16.4B
TOTAL LIABILITIES	$20.3B
Common Stock	$5M
Additional Paid-In Capital	$2.3B
Retained Earnings	$19.6B
Treasury Stock	-$100.0K
Accum. Other Comp. Income	$513M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$22.4B
Minority Interest	$137M
TOTAL EQUITY	$22.6B
TOTAL LIABILITIES & EQUITY	$42.9B
Total Debt	$15.6B
Net Debt	$13.8B