TFIN FY 2015 Earnings Report — Triumph Financial, Inc. Revenue & Financial Results | Market Cap Arena

Triumph Financial, Inc.TFIN

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	$117M	—	—	—	—
Op. Income	$38M	—	—	—	—
Gross Margin	89.2%	—	—	—	—
Net Margin	24.9%	—	—	—	—
EPS (Diluted)	$1.56	—	—	—	—
Free Cash Flow	$23M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$117M
Cost of Revenue	$13M
GROSS PROFIT	$104M
R&D Expenses	$0
Selling & Marketing	$2M
General & Administrative	$56M
SG&A Expenses	$58M
Other Expenses	$9M
Operating Expenses	$67M
Cost & Expenses	$79M
OPERATING INCOME	$38M
Interest Income	$99M
Interest Expense	$8M
Other Income/Expenses	$0
INCOME BEFORE TAX	$38M
Income Tax Expense	$8M
Net Income from Continuing Ops	$29M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$29M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$29M
D&A	$6M
EBIT	$38M
EBITDA	$44M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$117M
Cost of Revenue	$13M
GROSS PROFIT	$104M
R&D Expenses	$0
Selling & Marketing	$2M
General & Administrative	$56M
SG&A Expenses	$58M
Other Expenses	$9M
Operating Expenses	$67M
Cost & Expenses	$79M
OPERATING INCOME	$38M
Interest Income	$99M
Interest Expense	$8M
Other Income/Expenses	$0
INCOME BEFORE TAX	$38M
Income Tax Expense	$8M
Net Income from Continuing Ops	$29M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$29M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$29M
D&A	$6M
EBIT	$38M
EBITDA	$44M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$29M
Depreciation & Amortization	$6M
Stock-Based Compensation	$3M
Deferred Income Tax	-$280.0K
Other Non-Cash Items	-$14M
Change in Working Capital	$1M
OPERATING CASH FLOW	$25M
Capital Expenditure	-$2M
Acquisitions (Net)	-$128M
Purchases of Investments	-$51M
Sales/Maturities of Investments	$31M
Other Investing Activities	-$239M
NET CASH FROM INVESTING	-$389M
Net Debt Issuance	$225M
Common Stock Repurchased	-$343.0K
Common Dividends Paid	$0
Other Financing Activities	$84M
NET CASH FROM FINANCING	$308M
FREE CASH FLOW	$23M
Net Change in Cash	-$56M

Balance Sheet

Item	Amount
Cash & Equivalents	$105M
Short-Term Investments	$163M
Net Receivables	$0
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$268M
PP&E (Net)	$22M
Goodwill	$16M
Intangible Assets	$12M
Long-Term Investments	$1.3B
Tax Assets	$16M
Other Non-Current Assets	$76M
TOTAL NON-CURRENT ASSETS	$1.4B
TOTAL ASSETS	$1.7B
Account Payables	$0
Short-Term Debt	$9M
Deferred Revenue	$0
Other Current Liabilities	$1.2B
TOTAL CURRENT LIABILITIES	$1.3B
Long-Term Debt	$155M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$10M
TOTAL NON-CURRENT LIABILITIES	$165M
TOTAL LIABILITIES	$1.4B
Common Stock	$181.0K
Additional Paid-In Capital	$194M
Retained Earnings	$64M
Treasury Stock	-$560.0K
Accum. Other Comp. Income	$277.0K
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$268M
Minority Interest	$0
TOTAL EQUITY	$268M
TOTAL LIABILITIES & EQUITY	$1.7B
Total Debt	$164M
Net Debt	$59M