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

WisdomTree, Inc.WT

FY 2015 Earnings

Reported December 31, 2015

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	$299M	—	$184M	—	62.7%
Op. Income	$139M	—	$74M	—	89.5%
Gross Margin	61.2%	—	59.0%	—	2.2pp
Net Margin	26.8%	—	33.2%	—	-6.4pp
EPS (Diluted)	$0.58	—	$0.44	—	31.8%
Free Cash Flow	$152M	—	$78M	—	96.2%

Revenue Flow

Item	Amount
REVENUE	$299M
Cost of Revenue	$116M
GROSS PROFIT	$183M
R&D Expenses	$0
Selling & Marketing	$25M
General & Administrative	$11M
SG&A Expenses	$36M
Other Expenses	$7M
Operating Expenses	$44M
Cost & Expenses	$160M
OPERATING INCOME	$139M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	-$2M
INCOME BEFORE TAX	$137M
Income Tax Expense	$57M
Net Income from Continuing Ops	$80M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$80M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$80M
D&A	$1M
EBIT	$139M
EBITDA	$140M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$299M
Cost of Revenue	$116M
GROSS PROFIT	$183M
R&D Expenses	$0
Selling & Marketing	$25M
General & Administrative	$11M
SG&A Expenses	$36M
Other Expenses	$7M
Operating Expenses	$44M
Cost & Expenses	$160M
OPERATING INCOME	$139M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	-$2M
INCOME BEFORE TAX	$137M
Income Tax Expense	$57M
Net Income from Continuing Ops	$80M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$80M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$80M
D&A	$1M
EBIT	$139M
EBITDA	$140M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$80M
Depreciation & Amortization	$1M
Stock-Based Compensation	$11M
Deferred Income Tax	$53M
Other Non-Cash Items	-$79.0K
Change in Working Capital	$10M
OPERATING CASH FLOW	$155M
Capital Expenditure	-$3M
Acquisitions (Net)	$0
Purchases of Investments	-$14M
Sales/Maturities of Investments	$5M
Other Investing Activities	$0
NET CASH FROM INVESTING	-$12M
Net Debt Issuance	$0
Common Stock Repurchased	-$24M
Common Dividends Paid	-$79M
Other Financing Activities	$5M
NET CASH FROM FINANCING	-$98M
FREE CASH FLOW	$152M
Net Change in Cash	$45M

Balance Sheet

Item	Amount
Cash & Equivalents	$210M
Short-Term Investments	$0
Net Receivables	$28M
Inventory	$0
Other Current Assets	$272.0K
TOTAL CURRENT ASSETS	$241M
PP&E (Net)	$12M
Goodwill	$2M
Intangible Assets	$0
Long-Term Investments	$24M
Tax Assets	$14M
Other Non-Current Assets	$738.0K
TOTAL NON-CURRENT ASSETS	$52M
TOTAL ASSETS	$293M
Account Payables	$18M
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$44M
TOTAL CURRENT LIABILITIES	$49M
Long-Term Debt	$0
Deferred Revenue NC	$5M
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$4M
TOTAL NON-CURRENT LIABILITIES	$9M
TOTAL LIABILITIES	$58M
Common Stock	$1M
Additional Paid-In Capital	$258M
Retained Earnings	-$25M
Treasury Stock	$0
Accum. Other Comp. Income	-$126.0K
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$235M
Minority Interest	$0
TOTAL EQUITY	$235M
TOTAL LIABILITIES & EQUITY	$293M
Total Debt	$0
Net Debt	-$210M