VOD FY 2022 Earnings Report — Vodafone Group Public Limited Company Revenue & Financial Results | Market Cap Arena

Vodafone Group Public Limited CompanyVOD

FY 2022 Earnings

Reported March 30, 2022

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2022	Prior Q	FY 2021	QoQ Change	YoY Change
Revenue	$43.3B	—	$51.2B	—	-15.5%
Op. Income	$6.7B	—	$6.0B	—	11.9%
Gross Margin	35.3%	—	31.3%	—	4.0pp
Net Margin	6.0%	—	0.1%	—	5.9pp
EPS (Diluted)	$0.90	—	$0.02	—	3750.0%
Free Cash Flow	$15.8B	—	$13.8B	—	14.7%

Revenue Flow

Item	Amount
REVENUE	$43.3B
Cost of Revenue	$28.0B
GROSS PROFIT	$15.3B
R&D Expenses	$0
Selling & Marketing	$3.2B
General & Administrative	$5.6B
SG&A Expenses	$8.8B
Other Expenses	-$268M
Operating Expenses	$8.6B
Cost & Expenses	$36.6B
OPERATING INCOME	$6.7B
Interest Income	$500M
Interest Expense	$2.7B
Other Income/Expenses	-$1.9B
INCOME BEFORE TAX	$4.9B
Income Tax Expense	$1.8B
Net Income from Continuing Ops	$3.0B
Net Income from Discontinued Ops	$216M
Other Adjustments	$0
NET INCOME	$2.6B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$2.6B
D&A	$12.2B
EBIT	$7.5B
EBITDA	$19.7B
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$43.3B
Cost of Revenue	$28.0B
GROSS PROFIT	$15.3B
R&D Expenses	$0
Selling & Marketing	$3.2B
General & Administrative	$5.6B
SG&A Expenses	$8.8B
Other Expenses	-$268M
Operating Expenses	$8.6B
Cost & Expenses	$36.6B
OPERATING INCOME	$6.7B
Interest Income	$500M
Interest Expense	$2.7B
Other Income/Expenses	-$1.9B
INCOME BEFORE TAX	$4.9B
Income Tax Expense	$1.8B
Net Income from Continuing Ops	$3.0B
Net Income from Discontinued Ops	$216M
Other Adjustments	$0
NET INCOME	$2.6B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$2.6B
D&A	$12.2B
EBIT	$7.5B
EBITDA	$19.7B
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$2.6B
Depreciation & Amortization	$13.5B
Stock-Based Compensation	$193M
Deferred Income Tax	$796M
Other Non-Cash Items	$5.0B
Change in Working Capital	-$935M
OPERATING CASH FLOW	$21.1B
Capital Expenditure	-$5.3B
Acquisitions (Net)	$1M
Purchases of Investments	-$2.3B
Sales/Maturities of Investments	$3.8B
Other Investing Activities	-$2.7B
NET CASH FROM INVESTING	-$8.0B
Net Debt Issuance	-$1.6B
Common Stock Repurchased	-$2.4B
Common Dividends Paid	-$2.9B
Other Financing Activities	-$4.4B
NET CASH FROM FINANCING	-$11.3B
FREE CASH FLOW	$15.8B
Net Change in Cash	$1.8B

Balance Sheet

Item	Amount
Cash & Equivalents	$9.8B
Short-Term Investments	$10.3B
Net Receivables	$11.8B
Inventory	$1.1B
Other Current Assets	$0
TOTAL CURRENT ASSETS	$34.1B
PP&E (Net)	$53.1B
Goodwill	$41.5B
Intangible Assets	$27.8B
Long-Term Investments	$16.3B
Tax Assets	$24.8B
Other Non-Current Assets	$2.8B
TOTAL NON-CURRENT ASSETS	$166.3B
TOTAL ASSETS	$200.4B
Account Payables	$25.6B
Short-Term Debt	$15.6B
Deferred Revenue	$0
Other Current Liabilities	$1.5B
TOTAL CURRENT LIABILITIES	$43.8B
Long-Term Debt	$62.9B
Deferred Revenue NC	$689M
Deferred Tax Liabilities	$676M
Other Non-Current Liabilities	$5.4B
TOTAL NON-CURRENT LIABILITIES	$82.4B
TOTAL LIABILITIES	$126.2B
Common Stock	$6.2B
Additional Paid-In Capital	$193.9B
Retained Earnings	-$158.7B
Treasury Stock	-$9.5B
Accum. Other Comp. Income	$37.8B
Other Equity	$1.6B
TOTAL STOCKHOLDERS' EQUITY	$71.3B
Minority Interest	$3.0B
TOTAL EQUITY	$74.2B
TOTAL LIABILITIES & EQUITY	$200.4B
Total Debt	$91.2B
Net Debt	$81.4B