MATV FY 2020 Earnings Report — Mativ Holdings, Inc. Revenue & Financial Results | Market Cap Arena

Mativ Holdings, Inc.MATV

FY 2020 Earnings

Reported March 1, 2021

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2020	Prior Q	FY 2019	QoQ Change	YoY Change
Revenue	$1.1B	—	$1.0B	—	5.0%
Op. Income	$129M	—	$134M	—	-3.9%
Gross Margin	28.7%	—	28.4%	—	0.3pp
Net Margin	7.8%	—	8.4%	—	-0.6pp
EPS (Diluted)	$2.66	—	$2.76	—	-3.6%
Free Cash Flow	$128M	—	$126M	—	1.7%

Revenue Flow

Item	Amount
REVENUE	$1.1B
Cost of Revenue	$766M
GROSS PROFIT	$308M
R&D Expenses	$14M
Selling & Marketing	$37M
General & Administrative	$117M
SG&A Expenses	$154M
Other Expenses	$12M
Operating Expenses	$180M
Cost & Expenses	$946M
OPERATING INCOME	$129M
Interest Income	$0
Interest Expense	$31M
Other Income/Expenses	-$27M
INCOME BEFORE TAX	$102M
Income Tax Expense	$18M
Net Income from Continuing Ops	$84M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$84M
Net Income Deductions	$1M
BOTTOM LINE NET INCOME	$83M
D&A	$70M
EBIT	$128M
EBITDA	$198M
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$1.1B
Cost of Revenue	$766M
GROSS PROFIT	$308M
R&D Expenses	$14M
Selling & Marketing	$37M
General & Administrative	$117M
SG&A Expenses	$154M
Other Expenses	$12M
Operating Expenses	$180M
Cost & Expenses	$946M
OPERATING INCOME	$129M
Interest Income	$0
Interest Expense	$31M
Other Income/Expenses	-$27M
INCOME BEFORE TAX	$102M
Income Tax Expense	$18M
Net Income from Continuing Ops	$84M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$84M
Net Income Deductions	$1M
BOTTOM LINE NET INCOME	$83M
D&A	$70M
EBIT	$128M
EBITDA	$198M
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$84M
Depreciation & Amortization	$72M
Stock-Based Compensation	$9M
Deferred Income Tax	-$6M
Other Non-Cash Items	$8M
Change in Working Capital	-$6M
OPERATING CASH FLOW	$162M
Capital Expenditure	-$33M
Acquisitions (Net)	-$169M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$500.0K
NET CASH FROM INVESTING	-$203M
Net Debt Issuance	$47M
Common Stock Repurchased	-$1M
Common Dividends Paid	-$55M
Other Financing Activities	$0
NET CASH FROM FINANCING	-$9M
FREE CASH FLOW	$128M
Net Change in Cash	-$48M

Balance Sheet

Item	Amount
Cash & Equivalents	$55M
Short-Term Investments	$0
Net Receivables	$155M
Inventory	$180M
Other Current Assets	$7M
TOTAL CURRENT ASSETS	$396M
PP&E (Net)	$359M
Goodwill	$404M
Intangible Assets	$328M
Long-Term Investments	$59M
Tax Assets	$3M
Other Non-Current Assets	$37M
TOTAL NON-CURRENT ASSETS	$1.2B
TOTAL ASSETS	$1.6B
Account Payables	$61M
Short-Term Debt	$3M
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$167M
Long-Term Debt	$591M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$45M
Other Non-Current Liabilities	$133M
TOTAL NON-CURRENT LIABILITIES	$768M
TOTAL LIABILITIES	$935M
Common Stock	$3M
Additional Paid-In Capital	$92M
Retained Earnings	$666M
Treasury Stock	$0
Accum. Other Comp. Income	-$112M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$650M
Minority Interest	$0
TOTAL EQUITY	$650M
TOTAL LIABILITIES & EQUITY	$1.6B
Total Debt	$593M
Net Debt	$539M