Adeia (ADEA) FY2022 results: revenue $439 million, up 12.2% on the year
Adeia Inc. (ADEA) reported revenue of $439 million for fiscal 2022, the year ended 31 December 2022, up 12.2% on the year before. Net income was -$296 million, and diluted earnings per share $-2.75. The figures are the company's own, from the 10-K it filed with the SEC on 1 March 2023.
Revenue
$439 million
+12.2% on the year
FY2018FY2022
Operating margin
34.9%
30.4% a year earlier
FY2018FY2022
Net income
-$296 million
FY2018FY2022
Diluted EPS
-$2.75
FY2018FY2022
this yearthe year beforeHover a bar for its figure.
$ 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
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
183
235
428
-22.0%
Capital expenditure
12.6
13.9
7.4
-9.8%
Free cash flow
170
221
420
-22.8%
Free cash flow margin
38.8%
56.4%
81.5%
Cash from investing
-2.9
-6.2
17.8
Cash from financing
-263
-196
-351
Depreciation and amortisation
114
227
175
-49.7%
Share-based compensation
52.6
58.2
39.1
-9.5%
Buybacks
17.3
84.9
80.6
-79.7%
Dividends paid
20.9
21.0
30.8
-0.4%
Dividend per share
$0.20
$0.20
$0.50
0.0%
Diluted shares, weighted
108m
105m
84m
+2.7%
Shares outstanding at period end
105m
103m
105m
+1.8%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
301
1,350
1,457
-77.7%
Non-controlling interest
n/a
-9.2
-5.8
Debt
729
765
839
-4.7%
Operating lease liabilities
4.8
5.6
66.2
-15.0%
Other liabilities
175
358
344
-51.2%
Total liabilities and equity
1,211
2,470
2,701
-51.0%
Fixed assets
4.5
4.9
63.2
-7.8%
Goodwill
314
315
315
-0.3%
Intangible assets
432
547
1,004
-20.9%
Investments
n/a
60.5
86.9
Securities held for sale or to maturity
29.0
n/a
n/a
Cash and equivalents
115
80.4
170
+42.4%
Receivables
58.5
64.2
116
-8.9%
Inventory
n/a
5.1
9.8
Other assets
258
1,393
936
-81.5%
Total assets
1,211
2,470
2,701
-51.0%
10-K for the year ended 31 December 2022, filed 1 March 2023: the filing.