LION FY 2018 Earnings Report — Lionsgate Studios Corp. Revenue & Financial Results | Market Cap Arena

Lionsgate Studios Corp.LION

FY 2018 Earnings

Reported March 13, 2019

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2018	Prior Q	FY 2017	QoQ Change	YoY Change
Revenue	$18M	—	$135M	—	-86.8%
Op. Income	$89M	—	$78M	—	15.0%
Gross Margin	100.0%	—	100.0%	—	0.0pp
Net Margin	245.2%	—	29.4%	—	215.8pp
EPS (Diluted)	$1.61	—	$1.49	—	8.1%
Free Cash Flow	$157M	—	$150M	—	4.6%

Revenue Flow

Item	Amount
REVENUE	$18M
Cost of Revenue	$0
GROSS PROFIT	$18M
R&D Expenses	$5M
Selling & Marketing	$0
General & Administrative	$114M
SG&A Expenses	$114M
Other Expenses	$0
Operating Expenses	$119M
Cost & Expenses	$119M
OPERATING INCOME	$89M
Interest Income	$0
Interest Expense	$32M
Other Income/Expenses	-$32M
INCOME BEFORE TAX	$58M
Income Tax Expense	$14M
Net Income from Continuing Ops	$44M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$44M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$44M
D&A	$7M
EBIT	$89M
EBITDA	$97M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$18M
Cost of Revenue	$0
GROSS PROFIT	$18M
R&D Expenses	$5M
Selling & Marketing	$0
General & Administrative	$114M
SG&A Expenses	$114M
Other Expenses	$0
Operating Expenses	$119M
Cost & Expenses	$119M
OPERATING INCOME	$89M
Interest Income	$0
Interest Expense	$32M
Other Income/Expenses	-$32M
INCOME BEFORE TAX	$58M
Income Tax Expense	$14M
Net Income from Continuing Ops	$44M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$44M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$44M
D&A	$7M
EBIT	$89M
EBITDA	$97M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$44M
Depreciation & Amortization	$7M
Stock-Based Compensation	$0
Deferred Income Tax	$4M
Other Non-Cash Items	-$243M
Change in Working Capital	$347M
OPERATING CASH FLOW	$166M
Capital Expenditure	-$10M
Acquisitions (Net)	$4M
Purchases of Investments	-$155M
Sales/Maturities of Investments	$20M
Other Investing Activities	-$94M
NET CASH FROM INVESTING	-$236M
Net Debt Issuance	$0
Common Stock Repurchased	-$4M
Common Dividends Paid	$0
Other Financing Activities	$96M
NET CASH FROM FINANCING	$96M
FREE CASH FLOW	$157M
Net Change in Cash	$26M

Balance Sheet

Item	Amount
Cash & Equivalents	$11M
Short-Term Investments	$252M
Net Receivables	$3.7B
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$3.9B
PP&E (Net)	$94M
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$171M
Tax Assets	$17M
Other Non-Current Assets	$504M
TOTAL NON-CURRENT ASSETS	$786M
TOTAL ASSETS	$4.7B
Account Payables	$0
Short-Term Debt	$140M
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$140M
Long-Term Debt	$121M
Deferred Revenue NC	$8M
Deferred Tax Liabilities	$11M
Other Non-Current Liabilities	-$8M
TOTAL NON-CURRENT LIABILITIES	$132M
TOTAL LIABILITIES	$4.3B
Common Stock	$231M
Additional Paid-In Capital	$0
Retained Earnings	$214M
Treasury Stock	$0
Accum. Other Comp. Income	$985.0K
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$446M
Minority Interest	$0
TOTAL EQUITY	$446M
TOTAL LIABILITIES & EQUITY	$4.7B
Total Debt	$260M
Net Debt	$250M