SGI FY 2020 Earnings Report — Somnigroup International Inc Revenue & Financial Results | Market Cap Arena

Somnigroup International IncSGI

FY 2020 Earnings

Reported December 31, 2020

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	$3.7B	—	—	—	—
Op. Income	$532M	—	—	—	—
Gross Margin	44.6%	—	—	—	—
Net Margin	9.5%	—	—	—	—
EPS (Diluted)	$1.64	—	—	—	—
Free Cash Flow	$543M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$3.7B
Cost of Revenue	$2.0B
GROSS PROFIT	$1.6B
R&D Expenses	$0
Selling & Marketing	$740M
General & Administrative	$383M
SG&A Expenses	$1.1B
Other Expenses	-$16M
Operating Expenses	$1.1B
Cost & Expenses	$3.1B
OPERATING INCOME	$532M
Interest Income	$0
Interest Expense	$77M
Other Income/Expenses	-$80M
INCOME BEFORE TAX	$452M
Income Tax Expense	$103M
Net Income from Continuing Ops	$350M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$349M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$349M
D&A	$98M
EBIT	$529M
EBITDA	$627M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$3.7B
Cost of Revenue	$2.0B
GROSS PROFIT	$1.6B
R&D Expenses	$0
Selling & Marketing	$740M
General & Administrative	$383M
SG&A Expenses	$1.1B
Other Expenses	-$16M
Operating Expenses	$1.1B
Cost & Expenses	$3.1B
OPERATING INCOME	$532M
Interest Income	$0
Interest Expense	$77M
Other Income/Expenses	-$80M
INCOME BEFORE TAX	$452M
Income Tax Expense	$103M
Net Income from Continuing Ops	$350M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$349M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$349M
D&A	$98M
EBIT	$529M
EBITDA	$627M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$349M
Depreciation & Amortization	$98M
Stock-Based Compensation	$0
Deferred Income Tax	-$9M
Other Non-Cash Items	$148M
Change in Working Capital	$69M
OPERATING CASH FLOW	$655M
Capital Expenditure	-$111M
Acquisitions (Net)	-$41M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$6M
NET CASH FROM INVESTING	-$146M
Net Debt Issuance	-$186M
Common Stock Repurchased	-$332M
Common Dividends Paid	$0
Other Financing Activities	-$12M
NET CASH FROM FINANCING	-$523M
FREE CASH FLOW	$543M
Net Change in Cash	$100.0K

Balance Sheet

Item	Amount
Cash & Equivalents	$65M
Short-Term Investments	$0
Net Receivables	$384M
Inventory	$312M
Other Current Assets	$0
TOTAL CURRENT ASSETS	$968M
PP&E (Net)	$812M
Goodwill	$766M
Intangible Assets	$630M
Long-Term Investments	$0
Tax Assets	$14M
Other Non-Current Assets	$118M
TOTAL NON-CURRENT ASSETS	$2.3B
TOTAL ASSETS	$3.3B
Account Payables	$324M
Short-Term Debt	$44M
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$975M
Long-Term Debt	$1.3B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$90M
Other Non-Current Liabilities	$132M
TOTAL NON-CURRENT LIABILITIES	$1.8B
TOTAL LIABILITIES	$2.8B
Common Stock	$3M
Additional Paid-In Capital	$618M
Retained Earnings	$2.0B
Treasury Stock	-$2.1B
Accum. Other Comp. Income	-$66M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$504M
Minority Interest	$10M
TOTAL EQUITY	$514M
TOTAL LIABILITIES & EQUITY	$3.3B
Total Debt	$1.7B
Net Debt	$1.6B