Interactive Brokers Group (IBKR) FY2013 results: revenue $1.1 billion, down 5.4% on the year
Interactive Brokers Group, Inc. (IBKR) reported revenue of $1.1 billion for fiscal 2013, the year ended 31 December 2013, down 5.4% on the year before. Net income was $37 million, down 11.4%, and diluted earnings per share $0.18. The figures are the company's own, from the 10-K it filed with the SEC on 3 March 2014.
Revenue
$1.1 billion
-5.4% on the year
FY2008FY2013
Operating margin
n/a
FY2008FY2013
Net income
$37 million
-11.4% on the year
FY2008FY2013
Diluted EPS
$0.18
-18.0% on the year
FY2008FY2013
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2013
FY2012
FY2011
On the year
Last 8 years
Revenue
1,128
1,192
1,445
-5.4%
Income tax
33.0
30.0
53.9
+9.9%
Net income
37.0
41.8
61.9
-11.4%
Net margin
3.3%
3.5%
4.3%
Diluted EPS
$0.18
$0.22
$0.35
-18.0%
$ 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
FY2013
FY2012
FY2011
On the year
Last 8 years
Operating cash flow
141
725
992
-80.6%
Capital expenditure
17.0
18.0
13.5
-5.5%
Free cash flow
124
707
978
-82.5%
Free cash flow margin
11.0%
59.3%
67.7%
Cash from investing
-32.4
-52.4
-137
Cash from financing
-248
-605
-563
Depreciation and amortisation
19.0
19.3
18.7
-1.4%
Share-based compensation
41.0
67.1
49.2
-38.9%
Dividends paid
20.0
66.3
13.5
-69.8%
Dividend per share
$0.03
$0.03
n/a
0.0%
Diluted shares, weighted
204m
188m
177m
+8.2%
Balance sheet
$ million
FY2013
FY2012
FY2011
On the year
Last 8 years
Shareholders' equity
707
598
-460
+18.2%
Non-controlling interest
4,385
4,215
1.8
+4.0%
Redeemable equity
n/a
0.0
5,270
Short-term borrowings
24.6
110
6.5
-77.7%
Other liabilities
32,754
28,276
25,586
+15.8%
Total liabilities and equity
37,871
33,200
30,404
+14.1%
Fixed assets
32.2
34.7
35.9
-7.0%
Securities borrowed
2,752
2,833
2,662
-2.9%
Cash and equivalents
1,213
1,381
1,285
-12.1%
Other assets
33,874
28,951
26,422
+17.0%
Total assets
37,871
33,200
30,404
+14.1%
10-K for the year ended 31 December 2013, filed 3 March 2014: the filing.