HCI Group (HCI) FY2021 results: revenue $408 million, up 31.4% on the year
HCI Group, Inc. (HCI) reported revenue of $408 million for fiscal 2021, the year ended 31 December 2021, up 31.4% on the year before. Net income was $2 million, down 93.3%, and diluted earnings per share $0.21. The figures are the company's own, from the 10-K it filed with the SEC on 10 March 2022.
Revenue
$408 million
+31.4% on the year
FY2014FY2021
Operating margin
2.8%
11.9% a year earlier
FY2014FY2021
Net income
$2 million
-93.3% on the year
FY2014FY2021
Diluted EPS
$0.21
-94.0% on the year
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
$ 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
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
96.5
77.3
54.0
+24.8%
Capital expenditure
3.3
6.4
2.9
-48.5%
Free cash flow
93.2
70.9
51.2
+31.5%
Free cash flow margin
22.8%
22.8%
21.1%
Cash from investing
36.9
143
50.5
-74.3%
Cash from financing
64.3
-16.7
-115
Depreciation and amortisation
2.2
1.9
1.6
+17.9%
Share-based compensation
13.8
8.1
6.5
+69.1%
Buybacks
1.3
1.5
1.2
-15.1%
Dividends paid
14.1
12.7
13.0
+10.8%
Dividend per share
$1.60
$1.60
$1.60
0.0%
Diluted shares, weighted
9m
10m
10m
-11.5%
Shares outstanding at period end
10m
8m
8m
+30.1%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
323
201
186
+60.8%
Non-controlling interest
1.1
0.0
n/a
Redeemable equity
90.0
0.0
n/a
Debt
45.8
162
174
-71.7%
Other liabilities
717
578
443
+24.0%
Total liabilities and equity
1,177
941
803
+25.0%
Fixed assets
14.2
12.8
14.7
+11.5%
Intangible assets
10.6
3.6
4.2
+198.1%
Securities held for sale or to maturity
42.6
71.7
203
-40.6%
Cash and equivalents
629
431
229
+45.8%
Other assets
480
422
352
+13.9%
Total assets
1,177
941
803
+25.0%
10-K for the year ended 31 December 2021, filed 10 March 2022: the filing.