Fair Isaac (FICO) FY2016 results: revenue $881 million, up 5.1% on the year
Fair Isaac Corp. (FICO) reported revenue of $881 million for fiscal 2016, the year ended 30 September 2016, up 5.1% on the year before. Net income was $109 million, up 26.5%, and diluted earnings per share $3.39. The figures are the company's own, from the 10-K it filed with the SEC on 9 November 2018.
Revenue
$881 million
+5.1% on the year
FY2009FY2016
Operating margin
19.2%
16.4% a year earlier
FY2009FY2016
Net income
$109 million
+26.5% on the year
FY2009FY2016
Diluted EPS
$3.39
+27.9% on the year
FY2009FY2016
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Revenue
881
839
789
+5.1%
Cost of revenue
265
271
249
-2.0%
Gross profit
616
568
540
+8.4%
Gross margin
69.9%
67.7%
68.4%
Research and development
104
98.8
83.4
+4.9%
Selling, general and administrative
329
300
278
+9.6%
Operating income
170
138
162
+23.3%
Operating margin
19.2%
16.4%
20.5%
Interest expense
26.6
29.1
28.6
-8.6%
Pre-tax income
145
109
133
+32.3%
Income tax
35.1
22.7
38.3
+54.5%
Effective tax rate
24.3%
20.8%
28.7%
Net income
109
86.5
94.9
+26.5%
Net margin
12.4%
10.3%
12.0%
Diluted EPS
$3.39
$2.65
$2.72
+27.9%
$ 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
FY2016
FY2015
FY2014
On the year
Last 8 years
Operating cash flow
n/a
n/a
175
Capital expenditure
22.0
25.0
12.6
-12.1%
Free cash flow
n/a
n/a
162
Free cash flow margin
n/a
n/a
20.6%
Depreciation and amortisation
31.6
33.9
32.6
-6.7%
Share-based compensation
55.5
45.3
36.4
+22.5%
Buybacks
138
131
217
+5.9%
Dividends paid
2.5
2.5
2.7
-0.8%
Diluted shares, weighted
32m
33m
35m
-0.9%
Shares outstanding at period end
31m
31m
32m
-1.1%
Balance sheet
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Shareholders' equity
481
437
455
+10.1%
Debt
571
608
546
-6.1%
Other liabilities
169
185
192
-8.7%
Total liabilities and equity
1,221
1,230
1,192
-0.7%
Fixed assets
45.1
38.2
36.7
+18.1%
Goodwill
798
815
780
-2.0%
Intangible assets
33.6
47.3
47.9
-29.0%
Investments
11.0
9.6
8.8
+15.1%
Cash and equivalents
75.9
86.1
105
-11.8%
Receivables
168
159
155
+5.7%
Other assets
89.2
75.4
58.7
+18.2%
Total assets
1,221
1,230
1,192
-0.7%
10-K for the year ended 30 September 2016, filed 9 November 2018: the filing.