LION FY 2017 Earnings Report — Lionsgate Studios Corp. Revenue & Financial Results | Market Cap Arena

Lionsgate Studios Corp.LION

FY 2017 Earnings

Reported March 16, 2018

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2017	Prior Q	FY 2016	QoQ Change	YoY Change
Revenue	$135M	—	$129M	—	5.0%
Op. Income	$78M	—	$81M	—	-4.4%
Gross Margin	100.0%	—	100.0%	—	0.0pp
Net Margin	29.4%	—	30.1%	—	-0.7pp
EPS (Diluted)	$1.49	—	$1.50	—	-0.7%
Free Cash Flow	$150M	—	-$36M	—	516.0%

Revenue Flow

Item	Amount
REVENUE	$135M
Cost of Revenue	$0
GROSS PROFIT	$135M
R&D Expenses	$6M
Selling & Marketing	$0
General & Administrative	$103M
SG&A Expenses	$103M
Other Expenses	$0
Operating Expenses	$109M
Cost & Expenses	$109M
OPERATING INCOME	$78M
Interest Income	$0
Interest Expense	$23M
Other Income/Expenses	-$23M
INCOME BEFORE TAX	$55M
Income Tax Expense	$15M
Net Income from Continuing Ops	$40M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$40M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$40M
D&A	$10M
EBIT	$78M
EBITDA	$87M
EPS	$2
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$135M
Cost of Revenue	$0
GROSS PROFIT	$135M
R&D Expenses	$6M
Selling & Marketing	$0
General & Administrative	$103M
SG&A Expenses	$103M
Other Expenses	$0
Operating Expenses	$109M
Cost & Expenses	$109M
OPERATING INCOME	$78M
Interest Income	$0
Interest Expense	$23M
Other Income/Expenses	-$23M
INCOME BEFORE TAX	$55M
Income Tax Expense	$15M
Net Income from Continuing Ops	$40M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$40M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$40M
D&A	$10M
EBIT	$78M
EBITDA	$87M
EPS	$2
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$40M
Depreciation & Amortization	$10M
Stock-Based Compensation	$0
Deferred Income Tax	$2M
Other Non-Cash Items	-$280M
Change in Working Capital	$379M
OPERATING CASH FLOW	$155M
Capital Expenditure	-$5M
Acquisitions (Net)	$2M
Purchases of Investments	-$2M
Sales/Maturities of Investments	$23M
Other Investing Activities	-$275M
NET CASH FROM INVESTING	-$257M
Net Debt Issuance	$0
Common Stock Repurchased	-$2M
Common Dividends Paid	$0
Other Financing Activities	$139M
NET CASH FROM FINANCING	$139M
FREE CASH FLOW	$150M
Net Change in Cash	$37M

Balance Sheet

Item	Amount
Cash & Equivalents	$9M
Short-Term Investments	$22M
Net Receivables	$3.6B
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$3.6B
PP&E (Net)	$88M
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$104M
Tax Assets	$17M
Other Non-Current Assets	$756M
TOTAL NON-CURRENT ASSETS	$965M
TOTAL ASSETS	$4.6B
Account Payables	$0
Short-Term Debt	$151M
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$151M
Long-Term Debt	$121M
Deferred Revenue NC	$23M
Deferred Tax Liabilities	$7M
Other Non-Current Liabilities	-$23M
TOTAL NON-CURRENT LIABILITIES	$128M
TOTAL LIABILITIES	$4.2B
Common Stock	$218M
Additional Paid-In Capital	$0
Retained Earnings	$184M
Treasury Stock	$0
Accum. Other Comp. Income	$383.0K
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$402M
Minority Interest	$0
TOTAL EQUITY	$402M
TOTAL LIABILITIES & EQUITY	$4.6B
Total Debt	$271M
Net Debt	$262M