SSNC FY 2015 Earnings Report — SS&C Technologies Holdings, Inc. Revenue & Financial Results | Market Cap Arena

SS&C Technologies Holdings, Inc.SSNC

FY 2015 Earnings

Reported February 26, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2015	Prior Q	FY 2014	QoQ Change	YoY Change
Revenue	$1.0B	—	$768M	—	30.3%
Op. Income	$165M	—	$200M	—	-17.8%
Gross Margin	46.8%	—	46.5%	—	0.3pp
Net Margin	4.3%	—	17.1%	—	-12.8pp
EPS (Diluted)	$0.23	—	$0.75	—	-69.3%
Free Cash Flow	$213M	—	$234M	—	-9.1%

Revenue Flow

Item	Amount
REVENUE	$1.0B
Cost of Revenue	$532M
GROSS PROFIT	$468M
R&D Expenses	$110M
Selling & Marketing	$95M
General & Administrative	$98M
SG&A Expenses	$193M
Other Expenses	$0
Operating Expenses	$303M
Cost & Expenses	$836M
OPERATING INCOME	$165M
Interest Income	$2M
Interest Expense	$79M
Other Income/Expenses	-$104M
INCOME BEFORE TAX	$61M
Income Tax Expense	$18M
Net Income from Continuing Ops	$43M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$43M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$43M
D&A	$151M
EBIT	$140M
EBITDA	$291M
EPS	$0
EPS Diluted	$0

Income Statement

Item	Amount
REVENUE	$1.0B
Cost of Revenue	$532M
GROSS PROFIT	$468M
R&D Expenses	$110M
Selling & Marketing	$95M
General & Administrative	$98M
SG&A Expenses	$193M
Other Expenses	$0
Operating Expenses	$303M
Cost & Expenses	$836M
OPERATING INCOME	$165M
Interest Income	$2M
Interest Expense	$79M
Other Income/Expenses	-$104M
INCOME BEFORE TAX	$61M
Income Tax Expense	$18M
Net Income from Continuing Ops	$43M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$43M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$43M
D&A	$151M
EBIT	$140M
EBITDA	$291M
EPS	$0
EPS Diluted	$0

Cash Flow Statement

Item	Amount
Net Income	$43M
Depreciation & Amortization	$151M
Stock-Based Compensation	$44M
Deferred Income Tax	-$73M
Other Non-Cash Items	$14M
Change in Working Capital	$52M
OPERATING CASH FLOW	$231M
Capital Expenditure	-$18M
Acquisitions (Net)	-$2.7B
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$517.0K
NET CASH FROM INVESTING	-$2.7B
Net Debt Issuance	$2.2B
Common Stock Repurchased	$0
Common Dividends Paid	-$45M
Other Financing Activities	$10M
NET CASH FROM FINANCING	$2.8B
FREE CASH FLOW	$213M
Net Change in Cash	$325M

Balance Sheet

Item	Amount
Cash & Equivalents	$434M
Short-Term Investments	$0
Net Receivables	$170M
Inventory	$0
Other Current Assets	$30M
TOTAL CURRENT ASSETS	$675M
PP&E (Net)	$67M
Goodwill	$3.5B
Intangible Assets	$1.5B
Long-Term Investments	$0
Tax Assets	$2M
Other Non-Current Assets	$19M
TOTAL NON-CURRENT ASSETS	$5.1B
TOTAL ASSETS	$5.8B
Account Payables	$12M
Short-Term Debt	$32M
Deferred Revenue	$222M
Other Current Liabilities	$84M
TOTAL CURRENT LIABILITIES	$417M
Long-Term Debt	$2.7B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$510M
Other Non-Current Liabilities	$51M
TOTAL NON-CURRENT LIABILITIES	$3.3B
TOTAL LIABILITIES	$3.7B
Common Stock	$2M
Additional Paid-In Capital	$1.8B
Retained Earnings	$411M
Treasury Stock	-$18M
Accum. Other Comp. Income	-$83M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$2.1B
Minority Interest	$0
TOTAL EQUITY	$2.1B
TOTAL LIABILITIES & EQUITY	$5.8B
Total Debt	$2.8B
Net Debt	$2.3B