OLLI FY 2021 Earnings Report — Ollie's Bargain Outlet Holdings, Inc. Revenue & Financial Results | Market Cap Arena

Ollie's Bargain Outlet Holdings, Inc.OLLI

FY 2021 Earnings

Reported March 25, 2022

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2021	Prior Q	FY 2020	QoQ Change	YoY Change
Revenue	$1.8B	—	$1.8B	—	-3.1%
Op. Income	$205M	—	$278M	—	-26.3%
Gross Margin	38.9%	—	40.0%	—	-1.1pp
Net Margin	9.0%	—	13.4%	—	-4.4pp
EPS (Diluted)	$2.43	—	$3.68	—	-34.0%
Free Cash Flow	$10M	—	$331M	—	-97.0%

Revenue Flow

Item	Amount
REVENUE	$1.8B
Cost of Revenue	$1.1B
GROSS PROFIT	$681M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$448M
Other Expenses	$29M
Operating Expenses	$477M
Cost & Expenses	$1.5B
OPERATING INCOME	$205M
Interest Income	$0
Interest Expense	$209.0K
Other Income/Expenses	-$209.0K
INCOME BEFORE TAX	$204M
Income Tax Expense	$47M
Net Income from Continuing Ops	$157M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$157M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$157M
D&A	$25M
EBIT	$214M
EBITDA	$239M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$1.8B
Cost of Revenue	$1.1B
GROSS PROFIT	$681M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$448M
Other Expenses	$29M
Operating Expenses	$477M
Cost & Expenses	$1.5B
OPERATING INCOME	$205M
Interest Income	$0
Interest Expense	$209.0K
Other Income/Expenses	-$209.0K
INCOME BEFORE TAX	$204M
Income Tax Expense	$47M
Net Income from Continuing Ops	$157M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$157M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$157M
D&A	$25M
EBIT	$214M
EBITDA	$239M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$157M
Depreciation & Amortization	$25M
Stock-Based Compensation	$8M
Deferred Income Tax	$1M
Other Non-Cash Items	$43.0K
Change in Working Capital	-$147M
OPERATING CASH FLOW	$45M
Capital Expenditure	-$35M
Acquisitions (Net)	$3M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$3M
NET CASH FROM INVESTING	-$32M
Net Debt Issuance	-$684.0K
Common Stock Repurchased	-$220M
Common Dividends Paid	$0
Other Financing Activities	-$1M
NET CASH FROM FINANCING	-$213M
FREE CASH FLOW	$10M
Net Change in Cash	-$200M

Balance Sheet

Item	Amount
Cash & Equivalents	$247M
Short-Term Investments	$0
Net Receivables	$1M
Inventory	$467M
Other Current Assets	$0
TOTAL CURRENT ASSETS	$727M
PP&E (Net)	$568M
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	$107M
Short-Term Debt	$332.0K
Deferred Revenue	$10M
Other Current Liabilities	$34M
TOTAL CURRENT LIABILITIES	$263M
Long-Term Debt	$719.0K
Deferred Revenue NC	$0
Deferred Tax Liabilities	$66M
Other Non-Current Liabilities	-$716.0K
TOTAL NON-CURRENT LIABILITIES	$421M
TOTAL LIABILITIES	$684M
Common Stock	$67.0K
Additional Paid-In Capital	$664M
Retained Earnings	$884M
Treasury Stock	-$260M
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	$432M
Net Debt	$185M