STRR FY 2016 Earnings Report — Star Equity Holdings, Inc. Revenue & Financial Results | Market Cap Arena

Star Equity Holdings, Inc.STRR

FY 2016 Earnings

Reported February 28, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2016	Prior Q	FY 2015	QoQ Change	YoY Change
Revenue	$125M	—	$61M	—	106.3%
Op. Income	$3M	—	$3M	—	11.2%
Gross Margin	28.5%	—	29.4%	—	-0.9pp
Net Margin	11.4%	—	35.6%	—	-24.2pp
EPS (Diluted)	$35.50	—	$55.00	—	-35.5%
Free Cash Flow	$5M	—	$2M	—	102.5%

Revenue Flow

Item	Amount
REVENUE	$125M
Cost of Revenue	$90M
GROSS PROFIT	$36M
R&D Expenses	$0
Selling & Marketing	$10M
General & Administrative	$20M
SG&A Expenses	$30M
Other Expenses	$5M
Operating Expenses	$33M
Cost & Expenses	$122M
OPERATING INCOME	$3M
Interest Income	$0
Interest Expense	$1M
Other Income/Expenses	-$1M
INCOME BEFORE TAX	$2M
Income Tax Expense	-$12M
Net Income from Continuing Ops	$14M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$14M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$14M
D&A	$10M
EBIT	$5M
EBITDA	$15M
EPS	$37
EPS Diluted	$36

Income Statement

Item	Amount
REVENUE	$125M
Cost of Revenue	$90M
GROSS PROFIT	$36M
R&D Expenses	$0
Selling & Marketing	$10M
General & Administrative	$20M
SG&A Expenses	$30M
Other Expenses	$5M
Operating Expenses	$33M
Cost & Expenses	$122M
OPERATING INCOME	$3M
Interest Income	$0
Interest Expense	$1M
Other Income/Expenses	-$1M
INCOME BEFORE TAX	$2M
Income Tax Expense	-$12M
Net Income from Continuing Ops	$14M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$14M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$14M
D&A	$10M
EBIT	$5M
EBITDA	$15M
EPS	$37
EPS Diluted	$36

Cash Flow Statement

Item	Amount
Net Income	$14M
Depreciation & Amortization	$10M
Stock-Based Compensation	$1M
Deferred Income Tax	-$12M
Other Non-Cash Items	$2M
Change in Working Capital	-$4M
OPERATING CASH FLOW	$11M
Capital Expenditure	-$6M
Acquisitions (Net)	-$25M
Purchases of Investments	$0
Sales/Maturities of Investments	$2M
Other Investing Activities	$266.0K
NET CASH FROM INVESTING	-$29M
Net Debt Issuance	$11M
Common Stock Repurchased	$0
Common Dividends Paid	-$4M
Other Financing Activities	-$4M
NET CASH FROM FINANCING	$5M
FREE CASH FLOW	$5M
Net Change in Cash	-$14M

Balance Sheet

Item	Amount
Cash & Equivalents	$2M
Short-Term Investments	$917.0K
Net Receivables	$15M
Inventory	$6M
Other Current Assets	$3M
TOTAL CURRENT ASSETS	$27M
PP&E (Net)	$31M
Goodwill	$6M
Intangible Assets	$12M
Long-Term Investments	$0
Tax Assets	$27M
Other Non-Current Assets	$3M
TOTAL NON-CURRENT ASSETS	$79M
TOTAL ASSETS	$106M
Account Payables	$7M
Short-Term Debt	$5M
Deferred Revenue	$3M
Other Current Liabilities	$4M
TOTAL CURRENT LIABILITIES	$23M
Long-Term Debt	$16M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$1M
TOTAL NON-CURRENT LIABILITIES	$17M
TOTAL LIABILITIES	$40M
Common Stock	$2.0K
Additional Paid-In Capital	$152M
Retained Earnings	-$79M
Treasury Stock	-$6M
Accum. Other Comp. Income	-$52.0K
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$66M
Minority Interest	$0
TOTAL EQUITY	$66M
TOTAL LIABILITIES & EQUITY	$106M
Total Debt	$22M
Net Debt	$20M