Ezcorp (EZPW) FY2020 results: revenue $823 million, down 2.9% on the year
Ezcorp Inc. (EZPW) reported revenue of $823 million for fiscal 2020, the year ended 30 September 2020, down 2.9% on the year before. Net income was -$68 million, and diluted earnings per share $-1.24. The figures are the company's own, from the 10-K it filed with the SEC on 14 December 2020.
Revenue
$823 million
-2.9% on the year
FY2013FY2020
Operating margin
-5.9%
5.5% a year earlier
FY2013FY2020
Net income
-$68 million
FY2013FY2020
Diluted EPS
-$1.24
FY2013FY2020
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2020
FY2019
FY2018
On the year
Last 8 years
Revenue
823
847
812
-2.9%
Gross profit
449
494
482
-9.1%
Gross margin
54.6%
58.4%
59.3%
Operating income
-48.4
47.0
67.1
Operating margin
-5.9%
5.5%
8.3%
Interest expense
22.5
32.6
27.8
-31.1%
Pre-tax income
-70.1
4.2
55.5
Income tax
-1.6
2.4
18.4
Effective tax rate
n/a
57.6%
33.1%
Net income
-68.5
2.5
37.3
Net margin
-8.3%
0.3%
4.6%
Diluted EPS
-$1.24
$0.04
$0.64
$ 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
FY2020
FY2019
FY2018
On the year
Last 8 years
Operating cash flow
49.1
104
89.0
-52.6%
Capital expenditure
28.5
38.8
40.5
-26.6%
Free cash flow
20.6
64.7
48.5
-68.2%
Free cash flow margin
2.5%
7.6%
6.0%
Cash from investing
110
-27.8
-134
Cash from financing
-6.3
-198
168
Depreciation and amortisation
30.8
28.8
25.5
+7.0%
Share-based compensation
-5.1
9.8
10.8
Buybacks
5.2
0.0
0.0
Diluted shares, weighted
55m
56m
58m
-1.2%
Balance sheet
$ million
FY2020
FY2019
FY2018
On the year
Last 8 years
Shareholders' equity
649
745
743
-12.9%
Non-controlling interest
n/a
0.0
-3.3
Debt
251
239
417
+5.3%
Operating lease liabilities
153
153
n/a
0.0%
Other liabilities
144
n/a
85.5
Total liabilities and equity
1,197
1,084
1,242
+10.5%
Fixed assets
57.0
67.4
73.6
-15.4%
Goodwill
258
301
299
-14.3%
Intangible assets
58.6
68.0
54.9
-13.8%
Cash and equivalents
305
158
285
+93.3%
Receivables
7.0
10.9
18.9
-35.8%
Inventory
95.9
179
167
-46.5%
Other assets
416
300
343
+38.8%
Total assets
1,197
1,084
1,242
+10.5%
10-K for the year ended 30 September 2020, filed 14 December 2020: the filing.