Ezcorp (EZPW) FY2015 results: revenue $720 million, down 3.5% on the year
Ezcorp Inc. (EZPW) reported revenue of $720 million for fiscal 2015, the year ended 30 September 2015, down 3.5% on the year before. Net income was -$89 million, and diluted earnings per share $-1.64. The figures are the company's own, from the 10-K it filed with the SEC on 24 December 2015.
Revenue
$720 million
-3.5% on the year
FY2009FY2015
Operating margin
-2.2%
2.4% a year earlier
FY2009FY2015
Net income
-$89 million
FY2009FY2015
Diluted EPS
-$1.64
FY2009FY2015
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
720
746
810
-3.5%
Cost of revenue
268
249
219
+7.7%
Gross profit
403
422
480
-4.5%
Gross margin
56.0%
56.6%
59.3%
Operating income
-15.6
18.1
78.9
Operating margin
-2.2%
2.4%
9.7%
Interest expense
16.4
7.9
16.2
+107.1%
Pre-tax income
-66.2
7.9
31.6
Income tax
-14.0
4.5
9.1
Effective tax rate
n/a
56.4%
28.8%
Net income
-89.2
-67.7
22.3
Net margin
-12.4%
-9.1%
2.8%
Diluted EPS
-$1.64
-$1.25
$0.41
$ 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
79.4
74.7
120
+6.3%
Capital expenditure
23.7
23.0
46.7
+3.3%
Free cash flow
55.7
51.7
73.8
+7.6%
Free cash flow margin
7.7%
6.9%
9.1%
Cash from investing
-67.7
-80.1
-155
Cash from financing
2.4
32.5
23.6
-92.6%
Depreciation and amortisation
37.0
38.6
34.9
-4.1%
Share-based compensation
2.4
6.8
7.1
-65.3%
Buybacks
0.0
11.9
0.0
Diluted shares, weighted
54m
54m
54m
+0.1%
Balance sheet
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Shareholders' equity
656
812
879
-19.2%
Non-controlling interest
0.0
n/a
n/a
Redeemable equity
15.7
22.8
47.3
-31.0%
Debt
381
428
246
-11.1%
Other liabilities
137
147
160
-7.3%
Total liabilities and equity
1,189
1,411
1,333
-15.7%
Fixed assets
73.9
106
116
-30.2%
Goodwill
252
347
433
-27.4%
Intangible assets
30.8
66.1
65.4
-53.4%
Cash and equivalents
59.1
55.3
29.1
+6.9%
Receivables
n/a
n/a
0.0
Inventory
124
138
145
-10.2%
Other assets
649
698
544
-7.0%
Total assets
1,189
1,411
1,333
-15.7%
10-K for the year ended 30 September 2015, filed 24 December 2015: the filing.