RYAAY Q2 2017 Earnings Report — Ryanair Holdings plc Revenue & Financial Results | Market Cap Arena

Ryanair Holdings plcRYAAY

Q2 2017 Earnings

Reported September 29, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q2 2017	Q1 2017	Q2 2016	QoQ Change	YoY Change
Revenue	$2.9B	$2.0B	—	44.8%	—
Op. Income	$1.2B	$359M	—	239.5%	—
Gross Margin	51.3%	30.8%	—	20.4pp	—
Net Margin	37.3%	15.1%	—	22.2pp	—
EPS (Diluted)	$1.69	$0.47	—	260.0%	—
Free Cash Flow	-$102M	$381M	—	-126.8%	—

Revenue Flow

Item	Amount
REVENUE	$2.9B
Cost of Revenue	$1.4B
GROSS PROFIT	$1.5B
R&D Expenses	$0
Selling & Marketing	$99M
General & Administrative	$0
SG&A Expenses	$99M
Other Expenses	$150M
Operating Expenses	$249M
Cost & Expenses	$1.6B
OPERATING INCOME	$1.2B
Interest Income	$1M
Interest Expense	$22M
Other Income/Expenses	-$23M
INCOME BEFORE TAX	$1.2B
Income Tax Expense	$129M
Net Income from Continuing Ops	$1.1B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.1B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.1B
D&A	$148M
EBIT	$1.2B
EBITDA	$1.4B
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$2.9B
Cost of Revenue	$1.4B
GROSS PROFIT	$1.5B
R&D Expenses	$0
Selling & Marketing	$99M
General & Administrative	$0
SG&A Expenses	$99M
Other Expenses	$150M
Operating Expenses	$249M
Cost & Expenses	$1.6B
OPERATING INCOME	$1.2B
Interest Income	$1M
Interest Expense	$22M
Other Income/Expenses	-$23M
INCOME BEFORE TAX	$1.2B
Income Tax Expense	$129M
Net Income from Continuing Ops	$1.1B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.1B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.1B
D&A	$148M
EBIT	$1.2B
EBITDA	$1.4B
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$1.1B
Depreciation & Amortization	$148M
Stock-Based Compensation	$2M
Deferred Income Tax	$129M
Other Non-Cash Items	-$179M
Change in Working Capital	-$1.1B
OPERATING CASH FLOW	$158M
Capital Expenditure	-$260M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$153M
NET CASH FROM INVESTING	-$107M
Net Debt Issuance	-$130M
Common Stock Repurchased	-$351.3K
Common Dividends Paid	$0
Other Financing Activities	-$351.3K
NET CASH FROM FINANCING	-$131M
FREE CASH FLOW	-$102M
Net Change in Cash	-$80M

Balance Sheet

Item	Amount
Cash & Equivalents	$1.1B
Short-Term Investments	$3.4B
Net Receivables	$67M
Inventory	$4M
Other Current Assets	$472M
TOTAL CURRENT ASSETS	$5.1B
PP&E (Net)	$7.7B
Goodwill	$0
Intangible Assets	$55M
Long-Term Investments	$5M
Tax Assets	-$5M
Other Non-Current Assets	$74M
TOTAL NON-CURRENT ASSETS	$7.9B
TOTAL ASSETS	$13.0B
Account Payables	$372M
Short-Term Debt	$460M
Deferred Revenue	$1.7B
Other Current Liabilities	$288M
TOTAL CURRENT LIABILITIES	$2.8B
Long-Term Debt	$4.0B
Deferred Revenue NC	$25M
Deferred Tax Liabilities	$516M
Other Non-Current Liabilities	$724M
TOTAL NON-CURRENT LIABILITIES	$4.8B
TOTAL LIABILITIES	$7.5B
Common Stock	$9M
Additional Paid-In Capital	$842M
Retained Earnings	$4.5B
Treasury Stock	$0
Accum. Other Comp. Income	$94M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$5.5B
Minority Interest	$0
TOTAL EQUITY	$5.5B
TOTAL LIABILITIES & EQUITY	$13.0B
Total Debt	$4.5B
Net Debt	$3.4B