Centrus Energy (LEU) FY2016 results: revenue $311 million, down 25.6% on the year
Centrus Energy Corp. (LEU) reported revenue of $311 million for fiscal 2016, the year ended 31 December 2016, down 25.6% on the year before. Net income was -$67 million, and diluted earnings per share $-7.36. The figures are the company's own, from the 10-K it filed with the SEC on 31 March 2017.
Revenue
$311 million
-25.6% on the year
FY2009FY2016
Operating margin
-19.8%
-40.3% a year earlier
FY2009FY2016
Net income
-$67 million
FY2009FY2016
Diluted EPS
-$7.36
FY2009FY2016
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Revenue
311
418
514
-25.6%
Cost of revenue
266
349
n/a
-23.8%
Gross profit
45.1
68.9
-41.3
-34.5%
Gross margin
14.5%
16.5%
-8.0%
Research and development
47.9
33.0
n/a
+45.2%
Selling, general and administrative
46.2
42.6
n/a
+8.5%
Operating income
-61.7
-168
n/a
Operating margin
-19.8%
-40.3%
n/a
Interest expense
19.7
19.6
n/a
+0.5%
Pre-tax income
-67.6
-188
n/a
Income tax
-0.6
-0.3
n/a
Net income
-67.0
-187
n/a
Net margin
-21.5%
-44.8%
n/a
Diluted EPS
-$7.36
-$20.82
n/a
$ 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
FY2016
FY2015
FY2014
On the year
Last 8 years
Operating cash flow
37.7
8.5
n/a
+343.5%
Capital expenditure
3.0
0.3
n/a
+900.0%
Free cash flow
34.7
8.2
n/a
+323.2%
Free cash flow margin
11.1%
2.0%
n/a
Cash from investing
-1.2
6.7
n/a
Cash from financing
-9.8
0.0
n/a
Depreciation and amortisation
13.1
13.8
n/a
-5.1%
Share-based compensation
0.5
0.4
n/a
+25.0%
Diluted shares, weighted
9m
9m
n/a
+1.1%
Balance sheet
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Shareholders' equity
-236
-166
21.6
Debt
234
247
240
-5.2%
Other liabilities
716
739
896
-3.2%
Total liabilities and equity
714
821
1,158
-13.1%
Fixed assets
6.0
3.5
3.5
+71.4%
Goodwill
n/a
0.0
137
Intangible assets
93.3
106
119
-11.8%
Cash and equivalents
261
234
219
+11.4%
Receivables
19.9
26.5
58.9
-24.9%
Inventory
177
319
462
-44.4%
Other assets
156
132
158
+18.6%
Total assets
714
821
1,158
-13.1%
10-K for the year ended 31 December 2016, filed 31 March 2017: the filing.