MATV FY 2017 Earnings Report — Mativ Holdings, Inc. Revenue & Financial Results | Market Cap Arena

Mativ Holdings, Inc.MATV

FY 2017 Earnings

Reported March 1, 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	$982M	—	$840M	—	16.9%
Op. Income	$128M	—	$110M	—	16.6%
Gross Margin	28.7%	—	30.6%	—	-1.8pp
Net Margin	3.5%	—	9.9%	—	-6.3pp
EPS (Diluted)	$1.12	—	$2.70	—	-58.5%
Free Cash Flow	$90M	—	$99M	—	-8.9%

Revenue Flow

Item	Amount
REVENUE	$982M
Cost of Revenue	$700M
GROSS PROFIT	$282M
R&D Expenses	$18M
Selling & Marketing	$33M
General & Administrative	$96M
SG&A Expenses	$129M
Other Expenses	$8M
Operating Expenses	$155M
Cost & Expenses	$849M
OPERATING INCOME	$128M
Interest Income	$0
Interest Expense	$27M
Other Income/Expenses	-$27M
INCOME BEFORE TAX	$102M
Income Tax Expense	$70M
Net Income from Continuing Ops	$34M
Net Income from Discontinued Ops	$100.0K
Other Adjustments	$0
NET INCOME	$35M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$34M
D&A	$60M
EBIT	$128M
EBITDA	$187M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$982M
Cost of Revenue	$700M
GROSS PROFIT	$282M
R&D Expenses	$18M
Selling & Marketing	$33M
General & Administrative	$96M
SG&A Expenses	$129M
Other Expenses	$8M
Operating Expenses	$155M
Cost & Expenses	$849M
OPERATING INCOME	$128M
Interest Income	$0
Interest Expense	$27M
Other Income/Expenses	-$27M
INCOME BEFORE TAX	$102M
Income Tax Expense	$70M
Net Income from Continuing Ops	$34M
Net Income from Discontinued Ops	$100.0K
Other Adjustments	$0
NET INCOME	$35M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$34M
D&A	$60M
EBIT	$128M
EBITDA	$187M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$34M
Depreciation & Amortization	$60M
Stock-Based Compensation	$7M
Deferred Income Tax	$38M
Other Non-Cash Items	$4M
Change in Working Capital	-$12M
OPERATING CASH FLOW	$131M
Capital Expenditure	-$41M
Acquisitions (Net)	-$292M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$14M
NET CASH FROM INVESTING	-$319M
Net Debt Issuance	$233M
Common Stock Repurchased	-$1M
Common Dividends Paid	-$52M
Other Financing Activities	-$600.0K
NET CASH FROM FINANCING	$180M
FREE CASH FLOW	$90M
Net Change in Cash	-$100M

Balance Sheet

Item	Amount
Cash & Equivalents	$107M
Short-Term Investments	$0
Net Receivables	$149M
Inventory	$155M
Other Current Assets	$22M
TOTAL CURRENT ASSETS	$433M
PP&E (Net)	$362M
Goodwill	$341M
Intangible Assets	$305M
Long-Term Investments	$69M
Tax Assets	$1M
Other Non-Current Assets	$337M
TOTAL NON-CURRENT ASSETS	$1.1B
TOTAL ASSETS	$1.5B
Account Payables	$59M
Short-Term Debt	$5M
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$147M
Long-Term Debt	$679M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$42M
Other Non-Current Liabilities	$127M
TOTAL NON-CURRENT LIABILITIES	$849M
TOTAL LIABILITIES	$996M
Common Stock	$3M
Additional Paid-In Capital	$66M
Retained Earnings	$567M
Treasury Stock	$0
Accum. Other Comp. Income	-$89M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$547M
Minority Interest	$0
TOTAL EQUITY	$547M
TOTAL LIABILITIES & EQUITY	$1.5B
Total Debt	$684M
Net Debt	$577M