HCI Group (HCI) FY2022 results: revenue $500 million, up 22.5% on the year
HCI Group, Inc. (HCI) reported revenue of $500 million for fiscal 2022, the year ended 31 December 2022, up 22.5% on the year before. Net income was -$59 million, and diluted earnings per share $-6.24. The figures are the company's own, from the 10-K it filed with the SEC on 10 March 2023.
Revenue
$500 million
+22.5% on the year
FY2015FY2022
Operating margin
-13.7%
2.8% a year earlier
FY2015FY2022
Net income
-$59 million
FY2015FY2022
Diluted EPS
-$6.24
FY2015FY2022
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
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
-0.0
96.5
77.3
Capital expenditure
6.3
3.3
6.4
+91.1%
Free cash flow
-6.4
93.2
70.9
Free cash flow margin
-1.3%
22.8%
22.8%
Cash from investing
-435
36.9
143
Cash from financing
41.1
64.3
-16.7
-36.1%
Depreciation and amortisation
4.8
2.2
1.9
+118.8%
Share-based compensation
15.1
13.8
8.1
+9.8%
Buybacks
71.2
1.3
1.5
+5,321.8%
Dividends paid
15.2
14.1
12.7
+8.3%
Dividend per share
$1.60
$1.60
$1.60
0.0%
Diluted shares, weighted
9m
9m
10m
+2.8%
Shares outstanding at period end
9m
10m
8m
-15.1%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
163
323
201
-49.7%
Non-controlling interest
-1.3
1.1
0.0
Redeemable equity
93.6
90.0
0.0
+4.0%
Debt
217
45.8
162
+374.0%
Other liabilities
1,331
717
578
+85.8%
Total liabilities and equity
1,803
1,177
941
+53.2%
Fixed assets
17.9
14.2
12.8
+25.8%
Intangible assets
10.6
10.6
3.6
-0.5%
Securities held for sale or to maturity
484
42.6
71.7
+1,036.4%
Cash and equivalents
235
629
431
-62.7%
Other assets
1,056
480
422
+119.8%
Total assets
1,803
1,177
941
+53.2%
10-K for the year ended 31 December 2022, filed 10 March 2023: the filing.