Ezcorp (EZPW) FY2021 results: revenue $730 million, down 11.3% on the year
Ezcorp Inc. (EZPW) reported revenue of $730 million for fiscal 2021, the year ended 30 September 2021, down 11.3% on the year before. Net income was $9 million, and diluted earnings per share $0.15. The figures are the company's own, from the 10-K it filed with the SEC on 17 November 2021.
Revenue
$730 million
-11.3% on the year
FY2014FY2021
Operating margin
4.3%
-5.9% a year earlier
FY2014FY2021
Net income
$9 million
FY2014FY2021
Diluted EPS
$0.15
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Revenue
730
823
847
-11.3%
Gross profit
449
449
494
+0.1%
Gross margin
61.6%
54.6%
58.4%
Operating income
31.2
-48.4
47.0
Operating margin
4.3%
-5.9%
5.5%
Interest expense
22.2
22.5
32.6
-1.3%
Pre-tax income
16.1
-70.1
4.2
Income tax
7.5
-1.6
2.4
Effective tax rate
46.4%
n/a
57.6%
Net income
8.6
-68.5
2.5
Net margin
1.2%
-8.3%
0.3%
Diluted EPS
$0.15
-$1.24
$0.04
$ 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
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
46.4
49.1
104
-5.4%
Capital expenditure
23.6
28.5
38.8
-17.3%
Free cash flow
22.8
20.6
64.7
+11.1%
Free cash flow margin
3.1%
2.5%
7.6%
Cash from investing
-84.6
110
-27.8
Cash from financing
-16.3
-6.3
-198
Depreciation and amortisation
30.7
30.8
28.8
-0.5%
Share-based compensation
3.9
-5.1
9.8
Buybacks
0.0
5.2
0.0
Diluted shares, weighted
56m
55m
56m
+1.1%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
672
649
745
+3.6%
Non-controlling interest
n/a
n/a
0.0
Debt
311
251
239
+24.0%
Operating lease liabilities
161
153
153
+5.4%
Finance lease liabilities
0.0
n/a
n/a
Other liabilities
122
144
n/a
-15.1%
Total liabilities and equity
1,267
1,197
1,084
+5.8%
Fixed assets
53.8
57.0
67.4
-5.6%
Goodwill
286
258
301
+10.9%
Intangible assets
62.1
58.6
68.0
+5.9%
Cash and equivalents
254
305
158
-16.7%
Receivables
9.3
7.0
10.9
+33.3%
Inventory
111
95.9
179
+15.7%
Other assets
491
416
300
+18.0%
Total assets
1,267
1,197
1,084
+5.8%
10-K for the year ended 30 September 2021, filed 17 November 2021: the filing.