BrightView Holdings (BV) FY2022 results: revenue $2.8 billion, up 8.7% on the year
BrightView Holdings, Inc. (BV) reported revenue of $2.8 billion for fiscal 2022, the year ended 30 September 2022, up 8.7% on the year before. Net income was $14 million, down 69.8%, and diluted earnings per share $0.14. The figures are the company's own, from the 10-K it filed with the SEC on 17 November 2022.
Revenue
$2.8 billion
+8.7% on the year
FY2018FY2022
Operating margin
3.2%
3.5% a year earlier
FY2018FY2022
Net income
$14 million
-69.8% on the year
FY2018FY2022
Diluted EPS
$0.14
-68.2% on the year
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
107
148
245
-28.0%
Capital expenditure
107
61.2
52.7
+75.3%
Free cash flow
-0.4
87.2
192
Free cash flow margin
-0.0%
3.4%
8.2%
Cash from investing
-194
-159
-109
Cash from financing
-16.8
-23.1
-18.3
Depreciation and amortisation
150
137
136
+9.8%
Share-based compensation
18.9
19.7
23.6
-4.1%
Buybacks
164
1.9
1.5
+8,521.1%
Diluted shares, weighted
98m
106m
104m
-7.1%
Shares outstanding at period end
93m
105m
105m
-11.3%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
1,217
1,343
1,272
-9.4%
Debt
1,343
1,141
1,140
+17.7%
Operating lease liabilities
61.3
54.2
47.5
+13.1%
Finance lease liabilities
22.4
12.7
14.6
+76.4%
Other liabilities
662
687
598
-3.6%
Total liabilities and equity
3,306
3,238
3,071
+2.1%
Fixed assets
328
264
252
+24.2%
Goodwill
2,009
1,951
1,859
+3.0%
Intangible assets
174
198
221
-11.8%
Cash and equivalents
20.1
124
157
-83.8%
Receivables
398
379
319
+4.9%
Inventory
n/a
n/a
6.5
Other assets
376
322
256
+16.8%
Total assets
3,306
3,238
3,071
+2.1%
10-K for the year ended 30 September 2022, filed 17 November 2022: the filing.