NUS FY 2022 Earnings Report — Nu Skin Enterprises, Inc. Revenue & Financial Results | Market Cap Arena

Nu Skin Enterprises, Inc.NUS

FY 2022 Earnings

Reported February 15, 2023

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2022	Prior Q	FY 2021	QoQ Change	YoY Change
Revenue	$2.2B	—	$2.7B	—	-17.4%
Op. Income	$111M	—	$234M	—	-52.6%
Gross Margin	71.7%	—	75.0%	—	-3.3pp
Net Margin	4.7%	—	5.5%	—	-0.8pp
EPS (Diluted)	$2.07	—	$2.86	—	-27.6%
Free Cash Flow	$49M	—	$73M	—	-32.8%

Revenue Flow

Item	Amount
REVENUE	$2.2B
Cost of Revenue	$631M
GROSS PROFIT	$1.6B
R&D Expenses	$0
Selling & Marketing	$880M
General & Administrative	$556M
SG&A Expenses	$1.4B
Other Expenses	$48M
Operating Expenses	$1.5B
Cost & Expenses	$2.1B
OPERATING INCOME	$111M
Interest Income	$10M
Interest Expense	$22M
Other Income/Expenses	-$22M
INCOME BEFORE TAX	$89M
Income Tax Expense	-$16M
Net Income from Continuing Ops	$105M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$105M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$105M
D&A	$73M
EBIT	$102M
EBITDA	$175M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$2.2B
Cost of Revenue	$631M
GROSS PROFIT	$1.6B
R&D Expenses	$0
Selling & Marketing	$880M
General & Administrative	$556M
SG&A Expenses	$1.4B
Other Expenses	$48M
Operating Expenses	$1.5B
Cost & Expenses	$2.1B
OPERATING INCOME	$111M
Interest Income	$10M
Interest Expense	$22M
Other Income/Expenses	-$22M
INCOME BEFORE TAX	$89M
Income Tax Expense	-$16M
Net Income from Continuing Ops	$105M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$105M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$105M
D&A	$73M
EBIT	$102M
EBITDA	$175M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$105M
Depreciation & Amortization	$73M
Stock-Based Compensation	$12M
Deferred Income Tax	-$52M
Other Non-Cash Items	$63M
Change in Working Capital	-$93M
OPERATING CASH FLOW	$108M
Capital Expenditure	-$59M
Acquisitions (Net)	$8M
Purchases of Investments	-$14M
Sales/Maturities of Investments	$6M
Other Investing Activities	-$8M
NET CASH FROM INVESTING	-$67M
Net Debt Issuance	$26M
Common Stock Repurchased	-$70M
Common Dividends Paid	-$77M
Other Financing Activities	$22M
NET CASH FROM FINANCING	-$100M
FREE CASH FLOW	$49M
Net Change in Cash	-$75M

Balance Sheet

Item	Amount
Cash & Equivalents	$265M
Short-Term Investments	$14M
Net Receivables	$47M
Inventory	$346M
Other Current Assets	$39M
TOTAL CURRENT ASSETS	$760M
PP&E (Net)	$572M
Goodwill	$206M
Intangible Assets	$67M
Long-Term Investments	$39M
Tax Assets	$90M
Other Non-Current Assets	$87M
TOTAL NON-CURRENT ASSETS	$1.1B
TOTAL ASSETS	$1.8B
Account Payables	$54M
Short-Term Debt	$25M
Deferred Revenue	$27M
Other Current Liabilities	$3M
TOTAL CURRENT LIABILITIES	$359M
Long-Term Debt	$377M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$36M
Other Non-Current Liabilities	$62M
TOTAL NON-CURRENT LIABILITIES	$564M
TOTAL LIABILITIES	$924M
Common Stock	$91.0K
Additional Paid-In Capital	$613M
Retained Earnings	$1.9B
Treasury Stock	-$1.6B
Accum. Other Comp. Income	-$87M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$897M
Minority Interest	$0
TOTAL EQUITY	$897M
TOTAL LIABILITIES & EQUITY	$1.8B
Total Debt	$521M
Net Debt	$256M