RM FY 2020 Earnings Report — Regional Management Corp. Revenue & Financial Results | Market Cap Arena

Regional Management Corp.RM

FY 2020 Earnings

Reported February 25, 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	$374M	—	$356M	—	5.1%
Op. Income	$36M	—	$59M	—	-39.1%
Gross Margin	56.8%	—	60.7%	—	-4.0pp
Net Margin	7.1%	—	12.6%	—	-5.4pp
EPS (Diluted)	$2.40	—	$3.80	—	-36.8%
Free Cash Flow	$167M	—	$158M	—	5.8%

Revenue Flow

Item	Amount
REVENUE	$374M
Cost of Revenue	$162M
GROSS PROFIT	$212M
R&D Expenses	$0
Selling & Marketing	$10M
General & Administrative	$143M
SG&A Expenses	$154M
Other Expenses	$23M
Operating Expenses	$176M
Cost & Expenses	$338M
OPERATING INCOME	$36M
Interest Income	$335M
Interest Expense	$38M
Other Income/Expenses	$0
INCOME BEFORE TAX	$36M
Income Tax Expense	$9M
Net Income from Continuing Ops	$27M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$27M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$27M
D&A	$13M
EBIT	$36M
EBITDA	$49M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$374M
Cost of Revenue	$162M
GROSS PROFIT	$212M
R&D Expenses	$0
Selling & Marketing	$10M
General & Administrative	$143M
SG&A Expenses	$154M
Other Expenses	$23M
Operating Expenses	$176M
Cost & Expenses	$338M
OPERATING INCOME	$36M
Interest Income	$335M
Interest Expense	$38M
Other Income/Expenses	$0
INCOME BEFORE TAX	$36M
Income Tax Expense	$9M
Net Income from Continuing Ops	$27M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$27M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$27M
D&A	$13M
EBIT	$36M
EBITDA	$49M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$27M
Depreciation & Amortization	$13M
Stock-Based Compensation	$6M
Deferred Income Tax	$676.0K
Other Non-Cash Items	$124M
Change in Working Capital	$2M
OPERATING CASH FLOW	$173M
Capital Expenditure	-$6M
Acquisitions (Net)	$2.0K
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$93M
NET CASH FROM INVESTING	-$99M
Net Debt Issuance	-$39M
Common Stock Repurchased	-$12M
Common Dividends Paid	-$2M
Other Financing Activities	-$5M
NET CASH FROM FINANCING	-$58M
FREE CASH FLOW	$167M
Net Change in Cash	$15M

Balance Sheet

Item	Amount
Cash & Equivalents	$8M
Short-Term Investments	$0
Net Receivables	$3M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$20M
PP&E (Net)	$41M
Goodwill	$716.0K
Intangible Assets	$8M
Long-Term Investments	$987M
Tax Assets	$14M
Other Non-Current Assets	$33M
TOTAL NON-CURRENT ASSETS	$1.1B
TOTAL ASSETS	$1.1B
Account Payables	$0
Short-Term Debt	$325M
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$325M
Long-Term Debt	$437M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$40M
TOTAL NON-CURRENT LIABILITIES	$507M
TOTAL LIABILITIES	$832M
Common Stock	$1M
Additional Paid-In Capital	$105M
Retained Earnings	$227M
Treasury Stock	-$62M
Accum. Other Comp. Income	$0
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$272M
Minority Interest	$0
TOTAL EQUITY	$272M
TOTAL LIABILITIES & EQUITY	$1.1B
Total Debt	$791M
Net Debt	$783M