RGLD FY 2016 Earnings Report — Royal Gold, Inc. Revenue & Financial Results | Market Cap Arena

Royal Gold, Inc.RGLD

FY 2016 Earnings

Reported August 9, 2017

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	$439M	—	$356M	—	23.4%
Op. Income	$146M	—	$101M	—	44.6%
Gross Margin	80.1%	—	80.1%	—	0.1pp
Net Margin	23.1%	—	-21.7%	—	44.8pp
EPS (Diluted)	$1.55	—	$-1.19	—	230.3%
Free Cash Flow	$63M	—	-$1.2B	—	105.4%

Revenue Flow

Item	Amount
REVENUE	$439M
Cost of Revenue	$87M
GROSS PROFIT	$352M
R&D Expenses	$0
Selling & Marketing	$13M
General & Administrative	$33M
SG&A Expenses	$46M
Other Expenses	$160M
Operating Expenses	$206M
Cost & Expenses	$293M
OPERATING INCOME	$146M
Interest Income	$9M
Interest Expense	$36M
Other Income/Expenses	-$27M
INCOME BEFORE TAX	$119M
Income Tax Expense	$26M
Net Income from Continuing Ops	$92M
Net Income from Discontinued Ops	$0
NET INCOME	$102M
BOTTOM LINE NET INCOME	$102M
D&A	$160M
EBIT	$146M
EBITDA	$306M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$439M
Cost of Revenue	$87M
GROSS PROFIT	$352M
R&D Expenses	$0
Selling & Marketing	$13M
General & Administrative	$33M
SG&A Expenses	$46M
Other Expenses	$160M
Operating Expenses	$206M
Cost & Expenses	$293M
OPERATING INCOME	$146M
Interest Income	$9M
Interest Expense	$36M
Other Income/Expenses	-$27M
INCOME BEFORE TAX	$119M
Income Tax Expense	$26M
Net Income from Continuing Ops	$92M
Net Income from Discontinued Ops	$0
NET INCOME	$102M
BOTTOM LINE NET INCOME	$102M
D&A	$160M
EBIT	$146M
EBITDA	$306M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$102M
Depreciation & Amortization	$160M
Stock-Based Compensation	$0
Deferred Income Tax	$2M
Other Non-Cash Items	$10M
Change in Working Capital	-$6M
OPERATING CASH FLOW	$267M
Capital Expenditure	-$204M
Acquisitions (Net)	-$3M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$4M
NET CASH FROM INVESTING	-$203M
Net Debt Issuance	-$25M
Common Stock Repurchased	-$2M
Common Dividends Paid	-$61M
Other Financing Activities	-$6M
NET CASH FROM FINANCING	-$95M
FREE CASH FLOW	$63M
Net Change in Cash	-$31M

Balance Sheet

Item	Amount
Cash & Equivalents	$86M
Short-Term Investments	$0
Net Receivables	$49M
Inventory	$8M
Other Current Assets	$822.0K
TOTAL CURRENT ASSETS	$144M
PP&E (Net)	$2.9B
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$58M
TOTAL NON-CURRENT ASSETS	$3.0B
TOTAL ASSETS	$3.1B
Account Payables	$4M
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$30M
TOTAL CURRENT LIABILITIES	$34M
Long-Term Debt	$586M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$121M
Other Non-Current Liabilities	$32M
TOTAL NON-CURRENT LIABILITIES	$740M
TOTAL LIABILITIES	$774M
Common Stock	$652.0K
Additional Paid-In Capital	$0
Retained Earnings	$88M
Treasury Stock	$0
Accum. Other Comp. Income	$879.0K
Other Equity	$2.2B
TOTAL STOCKHOLDERS' EQUITY	$2.3B
Minority Interest	$45M
TOTAL EQUITY	$2.3B
TOTAL LIABILITIES & EQUITY	$3.1B
Total Debt	$586M
Net Debt	$500M