ACI Worldwide (ACIW) FY2015 results: revenue $1.0 billion, up 2.9% on the year
ACI Worldwide, Inc. (ACIW) reported revenue of $1.0 billion for fiscal 2015, the year ended 31 December 2015, up 2.9% on the year before. Net income was $85 million, up 26.5%, and diluted earnings per share $0.72. The figures are the company's own, from the 10-K it filed with the SEC on 26 February 2016.
Revenue
$1.0 billion
+2.9% on the year
FY2008FY2015
Operating margin
12.2%
13.6% a year earlier
FY2008FY2015
Net income
$85 million
+26.5% on the year
FY2008FY2015
Diluted EPS
$0.72
+24.1% on the year
FY2008FY2015
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Revenue
1,046
1,016
865
+2.9%
Cost of revenue
472
430
319
+9.8%
Gross profit
574
586
546
-2.1%
Gross margin
54.8%
57.7%
63.2%
Operating income
128
138
123
-7.4%
Operating margin
12.2%
13.6%
14.2%
Interest expense
41.4
39.7
27.2
+4.1%
Pre-tax income
113
98.8
93.2
+14.8%
Income tax
27.9
31.2
29.3
-10.5%
Effective tax rate
24.6%
31.6%
31.4%
Net income
85.4
67.6
63.9
+26.5%
Net margin
8.2%
6.6%
7.4%
Diluted EPS
$0.72
$0.58
$0.53
+24.1%
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Operating cash flow
n/a
n/a
138
Capital expenditure
27.3
17.6
21.1
+54.8%
Free cash flow
n/a
n/a
117
Free cash flow margin
n/a
n/a
13.6%
Cash from investing
n/a
n/a
-411
Cash from financing
n/a
n/a
292
Depreciation and amortisation
97.4
86.7
70.0
+12.4%
Share-based compensation
18.4
11.0
13.6
+66.4%
Buybacks
n/a
70.0
80.9
Dividend per share
$0.00
$0.00
n/a
Diluted shares, weighted
119m
117m
120m
+1.8%
Shares outstanding at period end
119m
116m
117m
+2.9%
Balance sheet
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Shareholders' equity
654
581
544
+12.6%
Debt
924
892
755
+3.6%
Other liabilities
397
377
383
+5.3%
Total liabilities and equity
1,976
1,851
1,682
+6.8%
Fixed assets
60.6
60.4
57.3
+0.4%
Goodwill
913
781
669
+16.9%
Intangible assets
257
261
238
-1.7%
Cash and equivalents
102
77.3
95.1
+32.3%
Receivables
219
227
204
-3.5%
Other assets
424
443
419
-4.4%
Total assets
1,976
1,851
1,682
+6.8%
10-K for the year ended 31 December 2015, filed 26 February 2016: the filing.