Interactive Brokers Group (IBKR) FY2012 results: revenue $1.2 billion, down 17.5% on the year
Interactive Brokers Group, Inc. (IBKR) reported revenue of $1.2 billion for fiscal 2012, the year ended 31 December 2012, down 17.5% on the year before. Net income was $42 million, down 32.5%, and diluted earnings per share $0.22. The figures are the company's own, from the 10-K it filed with the SEC on 8 March 2013.
Revenue
$1.2 billion
-17.5% on the year
FY2008FY2012
Operating margin
n/a
FY2008FY2012
Net income
$42 million
-32.5% on the year
FY2008FY2012
Diluted EPS
$0.22
-36.0% on the year
FY2008FY2012
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2012
FY2011
FY2010
On the year
Last 8 years
Revenue
1,192
1,445
988
-17.5%
Income tax
30.0
53.9
60.3
-44.3%
Net income
41.8
61.9
-9.6
-32.5%
Net margin
3.5%
4.3%
-1.0%
Diluted EPS
$0.22
$0.35
-$0.06
-36.0%
$ 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
FY2012
FY2011
FY2010
On the year
Last 8 years
Operating cash flow
725
992
1,693
-26.8%
Capital expenditure
18.0
13.5
18.1
+32.9%
Free cash flow
707
978
1,675
-27.7%
Free cash flow margin
59.3%
67.7%
169.5%
Cash from investing
-52.4
-137
-17.3
Cash from financing
-605
-563
-1,175
Depreciation and amortisation
19.3
18.7
18.7
+3.0%
Share-based compensation
67.1
49.2
41.7
+36.4%
Buybacks
n/a
n/a
0.0
Dividends paid
66.3
13.5
75.6
+392.1%
Dividend per share
$0.03
n/a
n/a
Diluted shares, weighted
188m
177m
170m
+6.1%
Balance sheet
$ million
FY2012
FY2011
FY2010
On the year
Last 8 years
Shareholders' equity
598
-460
-2,029
Non-controlling interest
4,215
1.8
1.5
+229,331.1%
Redeemable equity
0.0
5,270
6,321
Short-term borrowings
110
6.5
187
+1,588.9%
Other liabilities
28,276
25,586
24,018
+10.5%
Total liabilities and equity
33,200
30,404
28,499
+9.2%
Fixed assets
34.7
35.9
41.1
-3.5%
Securities borrowed
2,833
2,662
3,292
+6.4%
Cash and equivalents
1,381
1,285
1,024
+7.5%
Other assets
28,951
26,422
24,142
+9.6%
Total assets
33,200
30,404
28,499
+9.2%
10-K for the year ended 31 December 2012, filed 8 March 2013: the filing.