RM FY 2017 Earnings Report — Regional Management Corp. Revenue & Financial Results | Market Cap Arena

Regional Management Corp.RM

FY 2017 Earnings

Reported February 23, 2018

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2017	Prior Q	FY 2016	QoQ Change	YoY Change
Revenue	$272M	—	$241M	—	13.3%
Op. Income	$40M	—	$39M	—	3.4%
Gross Margin	62.8%	—	65.5%	—	-2.7pp
Net Margin	11.0%	—	10.0%	—	1.0pp
EPS (Diluted)	$2.54	—	$1.99	—	27.6%
Free Cash Flow	$104M	—	$89M	—	17.9%

Revenue Flow

Item	Amount
REVENUE	$272M
Cost of Revenue	$101M
GROSS PROFIT	$171M
R&D Expenses	$0
Selling & Marketing	$7M
General & Administrative	$102M
SG&A Expenses	$109M
Other Expenses	$22M
Operating Expenses	$131M
Cost & Expenses	$232M
OPERATING INCOME	$40M
Interest Income	$249M
Interest Expense	$24M
Other Income/Expenses	$0
INCOME BEFORE TAX	$40M
Income Tax Expense	$10M
Net Income from Continuing Ops	$30M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$30M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$30M
D&A	$7M
EBIT	$40M
EBITDA	$48M
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$272M
Cost of Revenue	$101M
GROSS PROFIT	$171M
R&D Expenses	$0
Selling & Marketing	$7M
General & Administrative	$102M
SG&A Expenses	$109M
Other Expenses	$22M
Operating Expenses	$131M
Cost & Expenses	$232M
OPERATING INCOME	$40M
Interest Income	$249M
Interest Expense	$24M
Other Income/Expenses	$0
INCOME BEFORE TAX	$40M
Income Tax Expense	$10M
Net Income from Continuing Ops	$30M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$30M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$30M
D&A	$7M
EBIT	$40M
EBITDA	$48M
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$30M
Depreciation & Amortization	$7M
Stock-Based Compensation	$4M
Deferred Income Tax	$5M
Other Non-Cash Items	$78M
Change in Working Capital	-$8M
OPERATING CASH FLOW	$115M
Capital Expenditure	-$11M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$175M
NET CASH FROM INVESTING	-$180M
Net Debt Issuance	$80M
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	-$6M
NET CASH FROM FINANCING	$74M
FREE CASH FLOW	$104M
Net Change in Cash	$9M

Balance Sheet

Item	Amount
Cash & Equivalents	$5M
Short-Term Investments	$0
Net Receivables	$0
Inventory	-$843M
Other Current Assets	$0
TOTAL CURRENT ASSETS	$17M
PP&E (Net)	$12M
Goodwill	$716.0K
Intangible Assets	$10M
Long-Term Investments	-$820M
Tax Assets	$843M
Other Non-Current Assets	-$23M
TOTAL NON-CURRENT ASSETS	$23M
TOTAL ASSETS	$829M
Account Payables	$19M
Short-Term Debt	$0
Deferred Revenue	$495M
Other Current Liabilities	-$19M
TOTAL CURRENT LIABILITIES	$514M
Long-Term Debt	$567M
Deferred Revenue NC	$603M
Deferred Tax Liabilities	$5M
Other Non-Current Liabilities	-$572M
TOTAL NON-CURRENT LIABILITIES	$572M
TOTAL LIABILITIES	$590M
Common Stock	$1M
Additional Paid-In Capital	$94M
Retained Earnings	$169M
Treasury Stock	-$25M
Accum. Other Comp. Income	$239M
Other Equity	-$239M
TOTAL STOCKHOLDERS' EQUITY	$239M
Minority Interest	$545M
TOTAL EQUITY	$784M
TOTAL LIABILITIES & EQUITY	$829M
Total Debt	$567M
Net Debt	$561M