STLA Q1 2018 Earnings Report — Stellantis N.V. Revenue & Financial Results | Market Cap Arena

Stellantis N.V.STLA

Q1 2018 Earnings

Reported March 30, 2018

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q1 2018	Q4 2017	Q1 2017	QoQ Change	YoY Change
Revenue	$31.6B	$33.8B	$32.4B	-6.4%	-2.5%
Op. Income	$1.8B	$2.2B	$1.7B	-18.2%	2.2%
Gross Margin	14.7%	14.8%	14.9%	-0.1pp	-0.2pp
Net Margin	3.8%	2.8%	2.3%	1.0pp	1.5pp
EPS (Diluted)	$0.76	$0.60	$0.48	27.5%	58.5%
Free Cash Flow	$1.2B	$1.9B	-$765M	-39.2%	251.7%

Revenue Flow

Item	Amount
REVENUE	$31.6B
Cost of Revenue	$27.0B
GROSS PROFIT	$4.6B
R&D Expenses	$1.0B
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$1.9B
Other Expenses	$0
Operating Expenses	$2.9B
Cost & Expenses	$29.9B
OPERATING INCOME	$1.8B
Interest Income	$60M
Interest Expense	$355M
Other Income/Expenses	-$323M
INCOME BEFORE TAX	$1.5B
Income Tax Expense	$264M
Net Income from Continuing Ops	$1.2B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.2B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.2B
D&A	$1.8B
EBIT	$2.2B
EBITDA	$3.6B
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$31.6B
Cost of Revenue	$27.0B
GROSS PROFIT	$4.6B
R&D Expenses	$1.0B
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$1.9B
Other Expenses	$0
Operating Expenses	$2.9B
Cost & Expenses	$29.9B
OPERATING INCOME	$1.8B
Interest Income	$60M
Interest Expense	$355M
Other Income/Expenses	-$323M
INCOME BEFORE TAX	$1.5B
Income Tax Expense	$264M
Net Income from Continuing Ops	$1.2B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.2B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.2B
D&A	$1.8B
EBIT	$2.2B
EBITDA	$3.6B
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$1.2B
Depreciation & Amortization	$1.8B
Stock-Based Compensation	$0
Deferred Income Tax	-$77M
Other Non-Cash Items	$289M
Change in Working Capital	-$467M
OPERATING CASH FLOW	$2.7B
Capital Expenditure	-$1.6B
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$6M
Other Investing Activities	-$493M
NET CASH FROM INVESTING	-$2.1B
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	-$1.6B
NET CASH FROM FINANCING	-$1.6B
FREE CASH FLOW	$1.2B
Net Change in Cash	-$1.2B

Balance Sheet

Item	Amount
Cash & Equivalents	$13.5B
Short-Term Investments	$623M
Net Receivables	$10.8B
Inventory	$16.1B
Other Current Assets	$2.2B
TOTAL CURRENT ASSETS	$43.2B
PP&E (Net)	$32.8B
Goodwill	$11.8B
Intangible Assets	$16.8B
Long-Term Investments	$2.8B
Tax Assets	$2.4B
Other Non-Current Assets	$1.9B
TOTAL NON-CURRENT ASSETS	$68.6B
TOTAL ASSETS	$111.8B
Account Payables	$32.5B
Short-Term Debt	$6.6B
Deferred Revenue	$737M
Other Current Liabilities	$10.1B
TOTAL CURRENT LIABILITIES	$43.9B
Long-Term Debt	$12.4B
Deferred Revenue NC	$1.6B
Deferred Tax Liabilities	$580M
Other Non-Current Liabilities	$28.0B
TOTAL NON-CURRENT LIABILITIES	$42.6B
TOTAL LIABILITIES	$86.4B
Common Stock	$0
Additional Paid-In Capital	$0
Retained Earnings	$0
Treasury Stock	$0
Accum. Other Comp. Income	$0
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$25.2B
Minority Interest	$212M
TOTAL EQUITY	$25.4B
TOTAL LIABILITIES & EQUITY	$111.8B
Total Debt	$19.0B
Net Debt	$5.5B