LOCO FY 2019 Earnings Report — El Pollo Loco Holdings, Inc. Revenue & Financial Results | Market Cap Arena

El Pollo Loco Holdings, Inc.LOCO

FY 2019 Earnings

Reported March 6, 2020

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2019	Prior Q	FY 2018	QoQ Change	YoY Change
Revenue	$442M	—	$436M	—	1.5%
Op. Income	$38M	—	-$9M	—	505.1%
Gross Margin	21.9%	—	22.1%	—	-0.3pp
Net Margin	5.6%	—	-2.1%	—	7.7pp
EPS (Diluted)	$0.67	—	$-0.23	—	391.3%
Free Cash Flow	$21M	—	$18M	—	17.3%

Revenue Flow

Item	Amount
REVENUE	$442M
Cost of Revenue	$346M
GROSS PROFIT	$97M
R&D Expenses	$0
Selling & Marketing	$463.0K
General & Administrative	$37M
SG&A Expenses	$37M
Other Expenses	$21M
Operating Expenses	$58M
Cost & Expenses	$404M
OPERATING INCOME	$38M
Interest Income	$0
Interest Expense	$4M
Other Income/Expenses	-$4M
INCOME BEFORE TAX	$35M
Income Tax Expense	$10M
Net Income from Continuing Ops	$25M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$25M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$25M
D&A	$18M
EBIT	$42M
EBITDA	$60M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$442M
Cost of Revenue	$346M
GROSS PROFIT	$97M
R&D Expenses	$0
Selling & Marketing	$463.0K
General & Administrative	$37M
SG&A Expenses	$37M
Other Expenses	$21M
Operating Expenses	$58M
Cost & Expenses	$404M
OPERATING INCOME	$38M
Interest Income	$0
Interest Expense	$4M
Other Income/Expenses	-$4M
INCOME BEFORE TAX	$35M
Income Tax Expense	$10M
Net Income from Continuing Ops	$25M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$25M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$25M
D&A	$18M
EBIT	$42M
EBITDA	$60M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$25M
Depreciation & Amortization	$18M
Stock-Based Compensation	$2M
Deferred Income Tax	$10M
Other Non-Cash Items	$9M
Change in Working Capital	-$28M
OPERATING CASH FLOW	$36M
Capital Expenditure	-$15M
Acquisitions (Net)	$5M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$0
NET CASH FROM INVESTING	-$11M
Net Debt Issuance	$23M
Common Stock Repurchased	-$48M
Common Dividends Paid	$0
Other Financing Activities	$1M
NET CASH FROM FINANCING	-$24M
FREE CASH FLOW	$21M
Net Change in Cash	$1M

Balance Sheet

Item	Amount
Cash & Equivalents	$8M
Short-Term Investments	$0
Net Receivables	$9M
Inventory	$2M
Other Current Assets	$6M
TOTAL CURRENT ASSETS	$25M
PP&E (Net)	$284M
Goodwill	$249M
Intangible Assets	$62M
Long-Term Investments	$360.0K
Tax Assets	$4M
Other Non-Current Assets	$1M
TOTAL NON-CURRENT ASSETS	$600M
TOTAL ASSETS	$625M
Account Payables	$6M
Short-Term Debt	$16M
Deferred Revenue	$3M
Other Current Liabilities	$40M
TOTAL CURRENT LIABILITIES	$74M
Long-Term Debt	$97M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$2M
Other Non-Current Liabilities	$9M
TOTAL NON-CURRENT LIABILITIES	$305M
TOTAL LIABILITIES	$379M
Common Stock	$351.0K
Additional Paid-In Capital	$331M
Retained Earnings	-$86M
Treasury Stock	$0
Accum. Other Comp. Income	$253.0K
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$246M
Minority Interest	$0
TOTAL EQUITY	$246M
TOTAL LIABILITIES & EQUITY	$625M
Total Debt	$311M
Net Debt	$303M