SNEX FY 2021 Earnings Report — StoneX Group Inc. Revenue & Financial Results | Market Cap Arena

StoneX Group Inc.SNEX

FY 2021 Earnings

Reported November 29, 2021

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2021	Prior Q	FY 2020	QoQ Change	YoY Change
Revenue	$42.5B	—	$54.1B	—	-21.4%
Op. Income	$1.1B	—	$868M	—	32.5%
Gross Margin	1.3%	—	0.8%	—	0.5pp
Net Margin	0.3%	—	0.3%	—	-0.0pp
EPS (Diluted)	$2.55	—	$3.83	—	-33.4%
Free Cash Flow	$2.1B	—	$1.9B	—	6.5%

Revenue Flow

Item	Amount
REVENUE	$42.5B
Cost of Revenue	$42.0B
GROSS PROFIT	$562M
R&D Expenses	$0
Selling & Marketing	$33M
General & Administrative	$99M
SG&A Expenses	$132M
Other Expenses	-$720M
Operating Expenses	-$588M
Cost & Expenses	$41.4B
OPERATING INCOME	$1.1B
Interest Income	$0
Interest Expense	$91M
Other Income/Expenses	-$996M
INCOME BEFORE TAX	$154M
Income Tax Expense	$38M
Net Income from Continuing Ops	$116M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$116M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$113M
D&A	$49M
EBIT	$245M
EBITDA	$294M
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$42.5B
Cost of Revenue	$42.0B
GROSS PROFIT	$562M
R&D Expenses	$0
Selling & Marketing	$33M
General & Administrative	$99M
SG&A Expenses	$132M
Other Expenses	-$720M
Operating Expenses	-$588M
Cost & Expenses	$41.4B
OPERATING INCOME	$1.1B
Interest Income	$0
Interest Expense	$91M
Other Income/Expenses	-$996M
INCOME BEFORE TAX	$154M
Income Tax Expense	$38M
Net Income from Continuing Ops	$116M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$116M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$113M
D&A	$49M
EBIT	$245M
EBITDA	$294M
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$116M
Depreciation & Amortization	$49M
Stock-Based Compensation	$14M
Deferred Income Tax	$3M
Other Non-Cash Items	$10M
Change in Working Capital	$1.9B
OPERATING CASH FLOW	$2.1B
Capital Expenditure	-$62M
Acquisitions (Net)	-$2M
Purchases of Investments	$0
Sales/Maturities of Investments	$2M
Other Investing Activities	$3M
NET CASH FROM INVESTING	-$60M
Net Debt Issuance	-$31M
Common Stock Repurchased	-$12M
Common Dividends Paid	$0
Other Financing Activities	$7M
NET CASH FROM FINANCING	-$36M
FREE CASH FLOW	$2.1B
Net Change in Cash	$2.0B

Balance Sheet

Item	Amount
Cash & Equivalents	$1.1B
Short-Term Investments	$0
Net Receivables	$494M
Inventory	$448M
Other Current Assets	$6.7B
TOTAL CURRENT ASSETS	$14.0B
PP&E (Net)	$219M
Goodwill	$58M
Intangible Assets	$43M
Long-Term Investments	$4.4B
Tax Assets	$35M
Other Non-Current Assets	$109M
TOTAL NON-CURRENT ASSETS	$4.8B
TOTAL ASSETS	$18.8B
Account Payables	$8.1B
Short-Term Debt	$249M
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$9.0B
Long-Term Debt	$7.0B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$1.8B
TOTAL NON-CURRENT LIABILITIES	$8.9B
TOTAL LIABILITIES	$17.9B
Common Stock	$200.0K
Additional Paid-In Capital	$316M
Retained Earnings	$683M
Treasury Stock	-$69M
Accum. Other Comp. Income	-$25M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$904M
Minority Interest	$0
TOTAL EQUITY	$904M
TOTAL LIABILITIES & EQUITY	$18.8B
Total Debt	$7.4B
Net Debt	$6.3B