HCI Group (HCI) FY2017 results: revenue $244 million, down 7.6% on the year
HCI Group, Inc. (HCI) reported revenue of $244 million for fiscal 2017, the year ended 31 December 2017, down 7.6% on the year before. Net income was -$7 million, and diluted earnings per share $-0.75. The figures are the company's own, from the 10-K it filed with the SEC on 7 March 2018.
Revenue
$244 million
-7.6% on the year
FY2010FY2017
Operating margin
-6.4%
17.7% a year earlier
FY2010FY2017
Net income
-$7 million
FY2010FY2017
Diluted EPS
-$0.75
FY2010FY2017
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2017
FY2016
FY2015
On the year
Last 8 years
Revenue
244
264
286
-7.6%
Operating income
-15.6
46.9
106
Operating margin
-6.4%
17.7%
37.1%
Interest expense
16.8
11.1
10.8
+51.3%
Pre-tax income
-15.6
46.9
106
Income tax
-8.7
17.8
40.3
Effective tax rate
n/a
38.1%
38.0%
Net income
-6.9
29.0
65.9
Net margin
-2.8%
11.0%
23.0%
Diluted EPS
-$0.75
$2.92
$5.90
$ 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
FY2017
FY2016
FY2015
On the year
Last 8 years
Operating cash flow
16.6
88.3
45.3
-81.2%
Capital expenditure
2.3
0.9
0.8
+170.5%
Free cash flow
14.3
87.4
44.4
-83.6%
Free cash flow margin
5.8%
33.1%
15.5%
Cash from investing
-80.2
-49.0
n/a
Cash from financing
39.0
-26.2
n/a
Depreciation and amortisation
1.2
1.3
1.3
-2.7%
Share-based compensation
4.5
4.2
5.2
+7.7%
Buybacks
30.7
0.5
0.8
+6,520.3%
Dividends paid
13.9
12.4
12.4
+11.8%
Dividend per share
$1.40
$1.20
$1.20
+16.7%
Diluted shares, weighted
n/a
11m
11m
Shares outstanding at period end
9m
10m
10m
-9.3%
Balance sheet
$ million
FY2017
FY2016
FY2015
On the year
Last 8 years
Shareholders' equity
194
244
238
-20.4%
Debt
238
139
129
+71.3%
Other liabilities
410
287
270
+42.8%
Total liabilities and equity
842
670
637
+25.7%
Fixed assets
12.5
11.4
11.8
+9.6%
Intangible assets
5.0
4.9
n/a
+2.0%
Investments
0.0
n/a
n/a
Securities held for sale or to maturity
n/a
166
125
Cash and equivalents
256
281
268
-8.8%
Other assets
569
207
232
+174.8%
Total assets
842
670
637
+25.7%
10-K for the year ended 31 December 2017, filed 7 March 2018: the filing.