Centrus Energy (LEU) FY2017 results: revenue $218 million, down 29.8% on the year
Centrus Energy Corp. (LEU) reported revenue of $218 million for fiscal 2017, the year ended 31 December 2017, down 29.8% on the year before. Net income was $12 million, and diluted earnings per share $0.58. The figures are the company's own, from the 10-K it filed with the SEC on 15 March 2018.
Revenue
$218 million
-29.8% on the year
FY2010FY2017
Operating margin
-20.5%
-19.8% a year earlier
FY2010FY2017
Net income
$12 million
FY2010FY2017
Diluted EPS
$0.58
FY2010FY2017
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2017
FY2016
FY2015
On the year
Last 8 years
Revenue
218
311
418
-29.8%
Cost of revenue
188
266
349
-29.3%
Gross profit
30.2
45.1
68.9
-33.0%
Gross margin
13.8%
14.5%
16.5%
Research and development
15.7
47.9
33.0
-67.2%
Selling, general and administrative
43.7
46.2
42.6
-5.4%
Operating income
-44.7
-61.7
-168
Operating margin
-20.5%
-19.8%
-40.3%
Interest expense
5.3
19.7
19.6
-73.1%
Pre-tax income
12.1
-67.6
-188
Income tax
-0.1
-0.6
-0.3
Effective tax rate
-0.8%
n/a
n/a
Net income
12.2
-67.0
-187
Net margin
5.6%
-21.5%
-44.8%
Diluted EPS
$0.58
-$7.36
-$20.82
$ 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
FY2017
FY2016
FY2015
On the year
Last 8 years
Operating cash flow
-16.1
37.7
8.5
Capital expenditure
0.5
3.0
0.3
-83.3%
Free cash flow
-16.6
34.7
8.2
Free cash flow margin
-7.6%
11.1%
2.0%
Cash from investing
4.2
-1.2
6.7
Cash from financing
-40.0
-9.8
0.0
Depreciation and amortisation
12.0
13.1
13.8
-8.4%
Share-based compensation
0.5
0.5
0.4
0.0%
Diluted shares, weighted
9m
9m
9m
0.0%
Balance sheet
$ million
FY2017
FY2016
FY2015
On the year
Last 8 years
Shareholders' equity
-219
-236
-166
Debt
164
234
247
-30.1%
Other liabilities
731
716
739
+2.1%
Total liabilities and equity
675
714
821
-5.4%
Fixed assets
4.9
6.0
3.5
-18.3%
Goodwill
n/a
n/a
0.0
Intangible assets
82.7
93.3
106
-11.4%
Cash and equivalents
209
261
234
-19.9%
Receivables
60.2
19.9
26.5
+202.5%
Inventory
153
177
319
-13.7%
Other assets
166
156
132
+6.0%
Total assets
675
714
821
-5.4%
10-K for the year ended 31 December 2017, filed 15 March 2018: the filing.