Fair Isaac (FICO) FY2015 results: revenue $839 million, up 6.3% on the year
Fair Isaac Corp. (FICO) reported revenue of $839 million for fiscal 2015, the year ended 30 September 2015, up 6.3% on the year before. Net income was $87 million, down 8.8%, and diluted earnings per share $2.65. The figures are the company's own, from the 10-K it filed with the SEC on 10 November 2015.
Revenue
$839 million
+6.3% on the year
FY2008FY2015
Operating margin
16.4%
20.5% a year earlier
FY2008FY2015
Net income
$87 million
-8.8% on the year
FY2008FY2015
Diluted EPS
$2.65
-2.6% on the year
FY2008FY2015
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
839
789
743
+6.3%
Cost of revenue
271
249
229
+8.5%
Gross profit
568
540
514
+5.3%
Gross margin
67.7%
68.4%
69.1%
Research and development
98.8
83.4
67.0
+18.4%
Selling, general and administrative
300
278
268
+7.8%
Operating income
138
162
162
-15.1%
Operating margin
16.4%
20.5%
21.7%
Interest expense
29.1
28.6
30.3
+2.1%
Pre-tax income
109
133
132
-17.9%
Income tax
22.7
38.3
41.9
-40.6%
Effective tax rate
20.8%
28.7%
31.7%
Net income
86.5
94.9
90.1
-8.8%
Net margin
10.3%
12.0%
12.1%
Diluted EPS
$2.65
$2.72
$2.48
-2.6%
$ 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
n/a
175
136
Capital expenditure
25.0
12.6
24.1
+98.6%
Free cash flow
n/a
162
112
Free cash flow margin
n/a
20.6%
15.1%
Depreciation and amortisation
33.9
32.6
33.2
+3.9%
Share-based compensation
45.3
36.4
25.9
+24.6%
Buybacks
131
217
82.8
-39.8%
Dividends paid
2.5
2.7
2.8
-7.6%
Dividend per share
n/a
n/a
$0.08
Diluted shares, weighted
33m
35m
36m
-6.5%
Shares outstanding at period end
31m
32m
35m
-2.4%
Balance sheet
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Shareholders' equity
437
455
531
-3.9%
Debt
608
546
470
+11.4%
Other liabilities
185
192
161
-3.4%
Total liabilities and equity
1,230
1,192
1,162
+3.2%
Fixed assets
38.2
36.7
45.2
+4.2%
Goodwill
815
780
774
+4.5%
Intangible assets
47.3
47.9
57.4
-1.2%
Investments
9.6
8.8
7.1
+9.3%
Cash and equivalents
86.1
105
83.2
-18.0%
Receivables
159
155
144
+2.2%
Other assets
75.4
58.7
51.1
+28.6%
Total assets
1,230
1,192
1,162
+3.2%
10-K for the year ended 30 September 2015, filed 10 November 2015: the filing.