LION FY 2013 Earnings Report — Lionsgate Studios Corp. Revenue & Financial Results | Market Cap Arena

Lionsgate Studios Corp.LION

FY 2013 Earnings

Reported March 14, 2014

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2013	Prior Q	FY 2012	QoQ Change	YoY Change
Revenue	$84M	—	$80M	—	3.9%
Op. Income	$57M	—	$57M	—	-0.1%
Gross Margin	100.0%	—	89.1%	—	10.9pp
Net Margin	33.1%	—	31.5%	—	1.6pp
EPS (Diluted)	$1.48	—	$1.54	—	-3.9%
Free Cash Flow	$134M	—	-$97M	—	237.9%

Revenue Flow

Item	Amount
REVENUE	$84M
Cost of Revenue	$0
GROSS PROFIT	$84M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$58M
SG&A Expenses	$58M
Other Expenses	$0
Operating Expenses	$58M
Cost & Expenses	$58M
OPERATING INCOME	$57M
Interest Income	$0
Interest Expense	$14M
Other Income/Expenses	-$14M
INCOME BEFORE TAX	$43M
Income Tax Expense	$15M
Net Income from Continuing Ops	$28M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$28M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$28M
D&A	$11M
EBIT	$57M
EBITDA	$68M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$84M
Cost of Revenue	$0
GROSS PROFIT	$84M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$58M
SG&A Expenses	$58M
Other Expenses	$0
Operating Expenses	$58M
Cost & Expenses	$58M
OPERATING INCOME	$57M
Interest Income	$0
Interest Expense	$14M
Other Income/Expenses	-$14M
INCOME BEFORE TAX	$43M
Income Tax Expense	$15M
Net Income from Continuing Ops	$28M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$28M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$28M
D&A	$11M
EBIT	$57M
EBITDA	$68M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$28M
Depreciation & Amortization	$11M
Stock-Based Compensation	$0
Deferred Income Tax	$3M
Other Non-Cash Items	$98M
Change in Working Capital	$4M
OPERATING CASH FLOW	$145M
Capital Expenditure	-$10M
Acquisitions (Net)	$0
Purchases of Investments	-$74M
Sales/Maturities of Investments	$55M
Other Investing Activities	-$112M
NET CASH FROM INVESTING	-$141M
Net Debt Issuance	$0
Common Stock Repurchased	-$10M
Common Dividends Paid	$0
Other Financing Activities	$64M
NET CASH FROM FINANCING	$64M
FREE CASH FLOW	$134M
Net Change in Cash	$68M

Balance Sheet

Item	Amount
Cash & Equivalents	$10M
Short-Term Investments	$169M
Net Receivables	$0
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$179M
PP&E (Net)	$45M
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$2M
Tax Assets	$27M
Other Non-Current Assets	$2.3B
TOTAL NON-CURRENT ASSETS	$2.4B
TOTAL ASSETS	$2.6B
Account Payables	$0
Short-Term Debt	$46M
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$46M
Long-Term Debt	$56M
Deferred Revenue NC	-$18M
Deferred Tax Liabilities	$8M
Other Non-Current Liabilities	$18M
TOTAL NON-CURRENT LIABILITIES	$64M
TOTAL LIABILITIES	$2.3B
Common Stock	$158M
Additional Paid-In Capital	$0
Retained Earnings	$77M
Treasury Stock	$0
Accum. Other Comp. Income	$968.0K
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$236M
Minority Interest	$0
TOTAL EQUITY	$236M
TOTAL LIABILITIES & EQUITY	$2.6B
Total Debt	$103M
Net Debt	$93M