SNEX FY 2020 Earnings Report — StoneX Group Inc. Revenue & Financial Results | Market Cap Arena

StoneX Group Inc.SNEX

FY 2020 Earnings

Reported December 14, 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	$54.1B	—	$32.9B	—	64.6%
Op. Income	$868M	—	$653M	—	32.9%
Gross Margin	0.8%	—	1.3%	—	-0.4pp
Net Margin	0.3%	—	0.3%	—	0.1pp
EPS (Diluted)	$3.83	—	$1.95	—	96.4%
Free Cash Flow	$1.9B	—	$184M	—	952.8%

Revenue Flow

Item	Amount
REVENUE	$54.1B
Cost of Revenue	$53.7B
GROSS PROFIT	$452M
R&D Expenses	$0
Selling & Marketing	$12M
General & Administrative	$70M
SG&A Expenses	$82M
Other Expenses	-$498M
Operating Expenses	-$416M
Cost & Expenses	$53.3B
OPERATING INCOME	$868M
Interest Income	$0
Interest Expense	$104M
Other Income/Expenses	-$661M
INCOME BEFORE TAX	$207M
Income Tax Expense	$37M
Net Income from Continuing Ops	$170M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$170M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$166M
D&A	$30M
EBIT	$311M
EBITDA	$340M
EPS	$4
EPS Diluted	$4

Income Statement

Item	Amount
REVENUE	$54.1B
Cost of Revenue	$53.7B
GROSS PROFIT	$452M
R&D Expenses	$0
Selling & Marketing	$12M
General & Administrative	$70M
SG&A Expenses	$82M
Other Expenses	-$498M
Operating Expenses	-$416M
Cost & Expenses	$53.3B
OPERATING INCOME	$868M
Interest Income	$0
Interest Expense	$104M
Other Income/Expenses	-$661M
INCOME BEFORE TAX	$207M
Income Tax Expense	$37M
Net Income from Continuing Ops	$170M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$170M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$166M
D&A	$30M
EBIT	$311M
EBITDA	$340M
EPS	$4
EPS Diluted	$4

Cash Flow Statement

Item	Amount
Net Income	$170M
Depreciation & Amortization	$30M
Stock-Based Compensation	$10M
Deferred Income Tax	$4M
Other Non-Cash Items	-$57M
Change in Working Capital	$1.8B
OPERATING CASH FLOW	$2.0B
Capital Expenditure	-$17M
Acquisitions (Net)	-$225M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$0
NET CASH FROM INVESTING	-$242M
Net Debt Issuance	$330M
Common Stock Repurchased	-$8M
Common Dividends Paid	$0
Other Financing Activities	-$10M
NET CASH FROM FINANCING	$312M
FREE CASH FLOW	$1.9B
Net Change in Cash	$2.0B

Balance Sheet

Item	Amount
Cash & Equivalents	$953M
Short-Term Investments	$0
Net Receivables	$430M
Inventory	$281M
Other Current Assets	$5.1B
TOTAL CURRENT ASSETS	$10.3B
PP&E (Net)	$164M
Goodwill	$55M
Intangible Assets	$55M
Long-Term Investments	$2.7B
Tax Assets	$37M
Other Non-Current Assets	$88M
TOTAL NON-CURRENT ASSETS	$3.1B
TOTAL ASSETS	$13.5B
Account Payables	$6.0B
Short-Term Debt	$268M
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$6.8B
Long-Term Debt	$5.1B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$686M
TOTAL NON-CURRENT LIABILITIES	$5.9B
TOTAL LIABILITIES	$12.7B
Common Stock	$200.0K
Additional Paid-In Capital	$293M
Retained Earnings	$572M
Treasury Stock	-$58M
Accum. Other Comp. Income	-$40M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$768M
Minority Interest	$0
TOTAL EQUITY	$768M
TOTAL LIABILITIES & EQUITY	$13.5B
Total Debt	$5.5B
Net Debt	$4.5B