OXLC FY 2022 Earnings Report — Oxford Lane Capital Corp. Revenue & Financial Results | Market Cap Arena

Oxford Lane Capital Corp.OXLC

FY 2022 Earnings

Reported March 31, 2022

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	$152M	—	$58M	—	161.3%
Op. Income	$126M	—	$306M	—	-58.9%
Gross Margin	85.5%	—	44.9%	—	40.6pp
Net Margin	82.7%	—	497.7%	—	-415.0pp
EPS (Diluted)	$1.20	—	$3.14	—	-61.8%
Free Cash Flow	$547M	—	$124M	—	341.5%

Revenue Flow

Item	Amount
REVENUE	$152M
Cost of Revenue	$22M
GROSS PROFIT	$130M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$4M
SG&A Expenses	$4M
Other Expenses	$362.0K
Operating Expenses	$4M
Cost & Expenses	$26M
OPERATING INCOME	$126M
Interest Income	$4M
Interest Expense	$22M
Other Income/Expenses	-$22M
INCOME BEFORE TAX	$126M
Income Tax Expense	$0
Net Income from Continuing Ops	$126M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$126M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$126M
D&A	$0
EBIT	$126M
EBITDA	$126M
EPS	$6
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$152M
Cost of Revenue	$22M
GROSS PROFIT	$130M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$4M
SG&A Expenses	$4M
Other Expenses	$362.0K
Operating Expenses	$4M
Cost & Expenses	$26M
OPERATING INCOME	$126M
Interest Income	$4M
Interest Expense	$22M
Other Income/Expenses	-$22M
INCOME BEFORE TAX	$126M
Income Tax Expense	$0
Net Income from Continuing Ops	$126M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$126M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$126M
D&A	$0
EBIT	$126M
EBITDA	$126M
EPS	$6
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$126M
Depreciation & Amortization	$0
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	$425M
Change in Working Capital	-$4M
OPERATING CASH FLOW	$547M
Capital Expenditure	$0
Acquisitions (Net)	$0
Purchases of Investments	-$1.2B
Sales/Maturities of Investments	$286M
Other Investing Activities	$0
NET CASH FROM INVESTING	-$933M
Net Debt Issuance	$100M
Common Stock Repurchased	$0
Common Dividends Paid	-$86M
Other Financing Activities	-$9M
NET CASH FROM FINANCING	$329M
FREE CASH FLOW	$547M
Net Change in Cash	-$56M

Balance Sheet

Item	Amount
Cash & Equivalents	$35M
Short-Term Investments	$0
Net Receivables	$26M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$61M
PP&E (Net)	$0
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$1.3B
TOTAL NON-CURRENT ASSETS	$1.3B
TOTAL ASSETS	$1.4B
Account Payables	$32.6K
Short-Term Debt	$34M
Deferred Revenue	$0
Other Current Liabilities	-$34M
TOTAL CURRENT LIABILITIES	$32.6K
Long-Term Debt	$194M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$267M
TOTAL NON-CURRENT LIABILITIES	$461M
TOTAL LIABILITIES	$461M
Common Stock	$1M
Additional Paid-In Capital	$1.1B
Retained Earnings	-$111M
Treasury Stock	$0
Accum. Other Comp. Income	$0
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$947M
Minority Interest	$0
TOTAL EQUITY	$947M
TOTAL LIABILITIES & EQUITY	$1.4B
Total Debt	$194M
Net Debt	$159M