LION FY 2016 Earnings Report — Lionsgate Studios Corp. Revenue & Financial Results | Market Cap Arena

Lionsgate Studios Corp.LION

FY 2016 Earnings

Reported March 14, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2016	Prior Q	FY 2015	QoQ Change	YoY Change
Revenue	$129M	—	$101M	—	27.8%
Op. Income	$81M	—	$77M	—	5.3%
Gross Margin	100.0%	—	100.0%	—	0.0pp
Net Margin	30.1%	—	38.8%	—	-8.7pp
EPS (Diluted)	$1.50	—	$1.77	—	-15.3%
Free Cash Flow	-$36M	—	-$9M	—	-291.5%

Revenue Flow

Item	Amount
REVENUE	$129M
Cost of Revenue	$0
GROSS PROFIT	$129M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$97M
SG&A Expenses	$97M
Other Expenses	$0
Operating Expenses	$97M
Cost & Expenses	$97M
OPERATING INCOME	$81M
Interest Income	$0
Interest Expense	$20M
Other Income/Expenses	-$20M
INCOME BEFORE TAX	$61M
Income Tax Expense	$22M
Net Income from Continuing Ops	$39M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$39M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$39M
D&A	$8M
EBIT	$81M
EBITDA	$90M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$129M
Cost of Revenue	$0
GROSS PROFIT	$129M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$97M
SG&A Expenses	$97M
Other Expenses	$0
Operating Expenses	$97M
Cost & Expenses	$97M
OPERATING INCOME	$81M
Interest Income	$0
Interest Expense	$20M
Other Income/Expenses	-$20M
INCOME BEFORE TAX	$61M
Income Tax Expense	$22M
Net Income from Continuing Ops	$39M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$39M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$39M
D&A	$8M
EBIT	$81M
EBITDA	$90M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$39M
Depreciation & Amortization	$8M
Stock-Based Compensation	$0
Deferred Income Tax	$8M
Other Non-Cash Items	-$464M
Change in Working Capital	$376M
OPERATING CASH FLOW	-$30M
Capital Expenditure	-$7M
Acquisitions (Net)	$8M
Purchases of Investments	-$12M
Sales/Maturities of Investments	$42M
Other Investing Activities	-$236M
NET CASH FROM INVESTING	-$205M
Net Debt Issuance	$0
Common Stock Repurchased	-$7M
Common Dividends Paid	$0
Other Financing Activities	$298M
NET CASH FROM FINANCING	$298M
FREE CASH FLOW	-$36M
Net Change in Cash	$64M

Balance Sheet

Item	Amount
Cash & Equivalents	$7M
Short-Term Investments	$17M
Net Receivables	$3.3B
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$3.3B
PP&E (Net)	$88M
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$98M
Tax Assets	$26M
Other Non-Current Assets	$853M
TOTAL NON-CURRENT ASSETS	$1.1B
TOTAL ASSETS	$4.4B
Account Payables	$0
Short-Term Debt	$243M
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$243M
Long-Term Debt	$120M
Deferred Revenue NC	$118M
Deferred Tax Liabilities	$5M
Other Non-Current Liabilities	-$118M
TOTAL NON-CURRENT LIABILITIES	$125M
TOTAL LIABILITIES	$4.0B
Common Stock	$205M
Additional Paid-In Capital	$0
Retained Earnings	$157M
Treasury Stock	$0
Accum. Other Comp. Income	$692.0K
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$363M
Minority Interest	$0
TOTAL EQUITY	$363M
TOTAL LIABILITIES & EQUITY	$4.4B
Total Debt	$364M
Net Debt	$357M