Costar Group (CSGP) FY2013 results: revenue $441 million, up 26.0% on the year
Costar Group, Inc. (CSGP) reported revenue of $441 million for fiscal 2013, the year ended 31 December 2013, up 26.0% on the year before. Net income was $30 million, up 199.9%, and diluted earnings per share $0.10. The figures are the company's own, from the 10-K it filed with the SEC on 20 February 2014.
Revenue
$441 million
+26.0% on the year
FY2009FY2013
Operating margin
12.3%
7.8% a year earlier
FY2009FY2013
Net income
$30 million
+199.9% on the year
FY2009FY2013
Diluted EPS
$0.10
+183.8% on the year
FY2009FY2013
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2013
FY2012
FY2011
On the year
Last 8 years
Revenue
441
350
252
+26.0%
Cost of revenue
129
115
88.2
+12.5%
Gross profit
312
235
164
+32.6%
Gross margin
70.7%
67.2%
65.0%
Operating income
54.2
27.4
21.8
+97.4%
Operating margin
12.3%
7.8%
8.6%
Interest expense
6.9
4.8
0.0
+43.7%
Pre-tax income
94.2
60.2
34.6
+56.5%
Income tax
17.8
13.2
7.9
+34.7%
Effective tax rate
18.9%
22.0%
22.9%
Net income
29.7
9.9
14.7
+199.9%
Net margin
6.7%
2.8%
5.8%
Diluted EPS
$0.10
$0.04
$0.06
+183.8%
$ 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
FY2013
FY2012
FY2011
On the year
Last 8 years
Operating cash flow
108
86.1
27.8
+25.7%
Capital expenditure
19.0
14.8
15.0
+28.4%
Free cash flow
89.3
71.3
12.8
+25.2%
Free cash flow margin
20.2%
20.4%
5.1%
Cash from investing
-19.0
-640
58.4
Cash from financing
10.4
165
253
-93.7%
Depreciation and amortisation
13.0
10.5
9.3
+23.6%
Share-based compensation
41.5
12.3
8.1
+238.3%
Diluted shares, weighted
282m
269m
235m
+4.7%
Shares outstanding at period end
288m
283m
254m
+1.8%
Balance sheet
$ million
FY2013
FY2012
FY2011
On the year
Last 8 years
Shareholders' equity
928
826
659
+12.3%
Debt
153
171
0.0
-10.3%
Other liabilities
176
168
112
+4.7%
Total liabilities and equity
1,257
1,165
771
+7.9%
Fixed assets
57.7
46.3
37.6
+24.6%
Goodwill
719
718
91.8
+0.1%
Intangible assets
144
171
20.5
-15.3%
Investments
22.0
21.7
28.1
+1.3%
Cash and equivalents
256
156
545
+64.0%
Receivables
20.8
16.4
16.6
+26.7%
Other assets
37.5
36.0
31.2
+4.2%
Total assets
1,257
1,165
771
+7.9%
10-K for the year ended 31 December 2013, filed 20 February 2014: the filing.