OLLI FY 2020 Earnings Report — Ollie's Bargain Outlet Holdings, Inc. Revenue & Financial Results | Market Cap Arena

Ollie's Bargain Outlet Holdings, Inc.OLLI

FY 2020 Earnings

Reported March 24, 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	$1.8B	—	$1.4B	—	28.4%
Op. Income	$278M	—	$172M	—	61.5%
Gross Margin	40.0%	—	39.5%	—	0.5pp
Net Margin	13.4%	—	10.0%	—	3.4pp
EPS (Diluted)	$3.68	—	$2.14	—	72.0%
Free Cash Flow	$331M	—	$28M	—	1065.8%

Revenue Flow

Item	Amount
REVENUE	$1.8B
Cost of Revenue	$1.1B
GROSS PROFIT	$723M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$419M
Other Expenses	$27M
Operating Expenses	$446M
Cost & Expenses	$1.5B
OPERATING INCOME	$278M
Interest Income	$278.0K
Interest Expense	$0
Other Income/Expenses	$278.0K
INCOME BEFORE TAX	$278M
Income Tax Expense	$35M
Net Income from Continuing Ops	$243M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$243M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$243M
D&A	$22M
EBIT	$288M
EBITDA	$310M
EPS	$4
EPS Diluted	$4

Income Statement

Item	Amount
REVENUE	$1.8B
Cost of Revenue	$1.1B
GROSS PROFIT	$723M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$419M
Other Expenses	$27M
Operating Expenses	$446M
Cost & Expenses	$1.5B
OPERATING INCOME	$278M
Interest Income	$278.0K
Interest Expense	$0
Other Income/Expenses	$278.0K
INCOME BEFORE TAX	$278M
Income Tax Expense	$35M
Net Income from Continuing Ops	$243M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$243M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$243M
D&A	$22M
EBIT	$288M
EBITDA	$310M
EPS	$4
EPS Diluted	$4

Cash Flow Statement

Item	Amount
Net Income	$243M
Depreciation & Amortization	$22M
Stock-Based Compensation	$7M
Deferred Income Tax	$6M
Other Non-Cash Items	$254.0K
Change in Working Capital	$84M
OPERATING CASH FLOW	$361M
Capital Expenditure	-$31M
Acquisitions (Net)	$122.0K
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$77.0K
NET CASH FROM INVESTING	-$30M
Net Debt Issuance	-$429.0K
Common Stock Repurchased	-$301.0K
Common Dividends Paid	$0
Other Financing Activities	$28M
NET CASH FROM FINANCING	$26M
FREE CASH FLOW	$331M
Net Change in Cash	$357M

Balance Sheet

Item	Amount
Cash & Equivalents	$447M
Short-Term Investments	$0
Net Receivables	$621.0K
Inventory	$354M
Other Current Assets	$0
TOTAL CURRENT ASSETS	$809M
PP&E (Net)	$519M
Goodwill	$445M
Intangible Assets	$231M
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$2M
TOTAL NON-CURRENT ASSETS	$1.2B
TOTAL ASSETS	$2.0B
Account Payables	$117M
Short-Term Debt	$0
Deferred Revenue	$10M
Other Current Liabilities	$50M
TOTAL CURRENT LIABILITIES	$284M
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$65M
Other Non-Current Liabilities	$4.0K
TOTAL NON-CURRENT LIABILITIES	$387M
TOTAL LIABILITIES	$671M
Common Stock	$66.0K
Additional Paid-In Capital	$649M
Retained Earnings	$726M
Treasury Stock	-$40M
Accum. Other Comp. Income	$0
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.3B
Minority Interest	$0
TOTAL EQUITY	$1.3B
TOTAL LIABILITIES & EQUITY	$2.0B
Total Debt	$387M
Net Debt	-$60M