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F&G Annuities & Life (FG) Q1 FY2022 earnings: revenue $750 million

F&G Annuities & Life, Inc. (FG) reported revenue of $750 million for Q1 FY2022, the quarter ended 31 March 2022. Net income was $239 million, and diluted earnings per share $2.28. The figures are the company's own, from the 10-Q it filed with the SEC on 9 May 2023.

Revenue
$750 million
Q1 FY2022Q1 FY2022
Operating margin
46.0%
Q1 FY2022Q1 FY2022
Net income
$239 million
Q1 FY2022Q1 FY2022
Diluted EPS
$2.28
Q1 FY2022Q1 FY2022

this quarterthe same quarter a year earlierHover a bar for its figure.

Income statement (profit and loss)

$ millionQ1 FY2022Quarter beforeA year earlierOn the quarterOn the yearLast 8 quarters
Revenue750n/an/a
Operating income345n/an/a
Operating margin46.0%n/an/a
Interest expense8.0n/an/a
Income tax106n/an/a
Net income239n/an/a
Net margin31.9%n/an/a
Diluted EPS$2.28n/an/a
$ 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

$ millionQ1 FY2022Quarter beforeA year earlierOn the quarterOn the yearLast 8 quarters
Operating cash flow423n/an/a
Cash from investing-2,188n/an/a
Cash from financing1,400n/an/a
Depreciation and amortisation76.0n/an/a
Share-based compensation3.0n/an/a
Dividends paid0.0n/an/a
Dividend per share$0.00n/an/a
Diluted shares, weighted105mn/an/a
Shares outstanding at period end126mn/an/a

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet

$ millionQ1 FY2022Quarter beforeA year earlierOn the quarterOn the yearLast 8 quarters
Shareholders' equity3,773n/an/a
Cash and equivalents1,168n/an/a

Questions

What was F&G Annuities & Life's revenue in Q1 FY2022?

F&G Annuities & Life (FG) reported revenue of $750 million for Q1 FY2022, the quarter ended 31 March 2022.

How much did F&G Annuities & Life earn in Q1 FY2022?

Net income for Q1 FY2022 was $239 million, and diluted earnings per share $2.28.

When did F&G Annuities & Life report Q1 FY2022 results?

F&G Annuities & Life filed its 10-Q for the quarter ended 31 March 2022 with the SEC on 9 May 2023.

Quarterly results, the last 19 quarters

Q1 FY2022Q2 FY2022Q3 FY2022Q4 FY2022 *Q1 FY2023Q2 FY2023Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026Q3 FY2026
Revenue75070.09026188691,1688511,6121,5691,1721,4441,5599081,3641,6941,7651,1871,4211,131
Operating income345n/an/an/a-203n/an/an/an/an/an/an/an/an/an/an/an/an/an/a
Operating margin46%n/an/an/a-23%n/an/an/an/an/an/an/an/an/an/an/an/an/an/a
Interest expense8.09.06.06.022.025.024.026.030.028.036.038.040.041.042.041.041.041.042.0
Net income239385187-330-195130306-299115203-6.0327-21.040.0118128248-76.0740
Net margin32%550%21%-53%-22%11%36%-19%7%17%-0%21%-2%3%7%7%21%-5%65%
Diluted EPS$2.28$3.60$1.50n/a-$1.56$1.04$2.45-$2.40$0.88$1.55-$0.08$2.53-$0.20$0.26$0.85$0.92$1.78-$0.62$5.48
Operating cash flow4233051,1601,2831,4371,3807952,2221,5341,0552,0901,3209561,6209371,1687431,487982
Buybacksn/an/a0.0n/a0.016.02.00.06.00.00.06.03.00.00.07.029.094.00.0
Dividends paid0.00.00.00.025.025.025.026.026.031.031.033.030.035.033.039.038.037.037.0
Shares outstanding126m126m125m126m126m126m125m126m126m126m126m127m135m135m135m136m134m131m131m
Filing10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. A blank figure marked on a quarter is one the filings do not give on their own: the quarters as filed do not add to the year the company filed, or the year and its quarters stand on different share counts. Each quarter's page says which. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free 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. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

10-Q for the period ended 31 March 2022, filed 9 May 2023: the filing.