Five9 (FIVN) FY2018 results: revenue $258 million, up 28.7% on the year
Five9, Inc. (FIVN) reported revenue of $258 million for fiscal 2018, the year ended 31 December 2018, up 28.7% on the year before. Net income was -$221,000, and diluted earnings per share $0.00. The figures are the company's own, from the 10-K it filed with the SEC on 25 February 2019.
Revenue
$258 million
+28.7% on the year
FY2012FY2018
Operating margin
2.7%
-2.9% a year earlier
FY2012FY2018
Net income
-$221,000
FY2012FY2018
Diluted EPS
$0.00
FY2012FY2018
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2018
FY2017
FY2016
On the year
Last 8 years
Revenue
258
200
162
+28.7%
Cost of revenue
104
83.1
66.9
+25.2%
Gross profit
154
117
95.2
+31.2%
Gross margin
59.6%
58.5%
58.7%
Research and development
34.2
27.1
23.9
+26.0%
Operating income
7.0
-5.7
-6.5
Operating margin
2.7%
-2.9%
-4.0%
Interest expense
10.2
3.5
4.2
+195.2%
Pre-tax income
0.1
-8.7
-11.8
Income tax
0.3
0.3
0.1
+11.9%
Effective tax rate
379.7%
n/a
n/a
Net income
-0.2
-9.0
-11.9
Net margin
-0.1%
-4.5%
-7.3%
Diluted EPS
$0.00
-$0.16
-$0.23
$ 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
FY2018
FY2017
FY2016
On the year
Last 8 years
Operating cash flow
38.6
11.1
6.8
+247.8%
Capital expenditure
9.3
2.6
1.1
+249.5%
Free cash flow
29.4
8.5
5.7
+247.2%
Free cash flow margin
11.4%
4.2%
3.5%
Cash from investing
-217
-2.6
-2.4
Cash from financing
191
2.4
-4.8
+7,966.4%
Depreciation and amortisation
10.3
8.3
8.4
+23.6%
Share-based compensation
28.5
15.3
9.6
+85.6%
Shares outstanding at period end
59m
57m
53m
+4.6%
Balance sheet
$ million
FY2018
FY2017
FY2016
On the year
Last 8 years
Shareholders' equity
143
46.8
30.3
+204.8%
Debt
197
32.9
33.7
+497.5%
Operating lease liabilities
0.0
n/a
n/a
Finance lease liabilities
4.5
n/a
n/a
Other liabilities
50.6
48.4
41.3
+4.6%
Total liabilities and equity
395
128
105
+207.9%
Fixed assets
25.9
19.9
14.7
+30.2%
Goodwill
11.8
11.8
11.8
0.0%
Intangible assets
0.6
1.1
1.5
-41.2%
Investments
210
0.0
n/a
Cash and equivalents
81.9
68.9
58.1
+18.8%
Receivables
24.8
19.0
13.9
+30.2%
Other assets
39.7
7.4
5.2
+433.9%
Total assets
395
128
105
+207.9%
10-K for the year ended 31 December 2018, filed 25 February 2019: the filing.