NBIS FY 2016 Earnings Report — Nebius Group N.V. Revenue & Financial Results | Market Cap Arena

Nebius Group N.V.NBIS

FY 2016 Earnings

Reported December 31, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2016	Prior Q	FY 2015	QoQ Change	YoY Change
Revenue	$1.2B	—	—	—	—
Op. Income	$209M	—	—	—	—
Gross Margin	74.0%	—	—	—	—
Net Margin	9.0%	—	—	—	—
EPS (Diluted)	$0.34	—	—	—	—
Free Cash Flow	$256M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$1.2B
Cost of Revenue	$321M
GROSS PROFIT	$913M
R&D Expenses	$257M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$291M
Other Expenses	$156M
Operating Expenses	$704M
Cost & Expenses	$1.0B
OPERATING INCOME	$209M
Interest Income	$43M
Interest Expense	$18M
Other Income/Expenses	-$28M
INCOME BEFORE TAX	$181M
Income Tax Expense	$70M
Net Income from Continuing Ops	$110M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$111M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$111M
D&A	$132M
EBIT	$209M
EBITDA	$341M
EPS	$0
EPS Diluted	$0

Income Statement

Item	Amount
REVENUE	$1.2B
Cost of Revenue	$321M
GROSS PROFIT	$913M
R&D Expenses	$257M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$291M
Other Expenses	$156M
Operating Expenses	$704M
Cost & Expenses	$1.0B
OPERATING INCOME	$209M
Interest Income	$43M
Interest Expense	$18M
Other Income/Expenses	-$28M
INCOME BEFORE TAX	$181M
Income Tax Expense	$70M
Net Income from Continuing Ops	$110M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$111M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$111M
D&A	$132M
EBIT	$209M
EBITDA	$341M
EPS	$0
EPS Diluted	$0

Cash Flow Statement

Item	Amount
Net Income	$111M
Depreciation & Amortization	$157M
Stock-Based Compensation	$56M
Deferred Income Tax	-$14M
Other Non-Cash Items	$73M
Change in Working Capital	$30M
OPERATING CASH FLOW	$413M
Capital Expenditure	-$157M
Acquisitions (Net)	$0
Purchases of Investments	-$1.2B
Sales/Maturities of Investments	$1.2B
Other Investing Activities	-$6M
NET CASH FROM INVESTING	-$214M
Net Debt Issuance	-$88M
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	-$2M
NET CASH FROM FINANCING	-$91M
FREE CASH FLOW	$256M
Net Change in Cash	$52M

Balance Sheet

Item	Amount
Cash & Equivalents	$461M
Short-Term Investments	$568M
Net Receivables	$166M
Inventory	$0
Other Current Assets	$3M
TOTAL CURRENT ASSETS	$1.2B
PP&E (Net)	$307M
Goodwill	$138M
Intangible Assets	$90M
Long-Term Investments	$25M
Tax Assets	$11M
Other Non-Current Assets	$69M
TOTAL NON-CURRENT ASSETS	$639M
TOTAL ASSETS	$1.9B
Account Payables	$128M
Short-Term Debt	$0
Deferred Revenue	$35M
Other Current Liabilities	-$1.7B
TOTAL CURRENT LIABILITIES	$239M
Long-Term Debt	$306M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$17M
Other Non-Current Liabilities	$18M
TOTAL NON-CURRENT LIABILITIES	$341M
TOTAL LIABILITIES	$580M
Common Stock	$5M
Additional Paid-In Capital	$271M
Retained Earnings	$1.1B
Treasury Stock	-$137M
Accum. Other Comp. Income	$15M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.3B
Minority Interest	$25M
TOTAL EQUITY	$1.3B
TOTAL LIABILITIES & EQUITY	$1.9B
Total Debt	$306M
Net Debt	-$155M