Centrus Energy (LEU) FY2018 results: revenue $193 million, down 11.6% on the year
Centrus Energy Corp. (LEU) reported revenue of $193 million for fiscal 2018, the year ended 31 December 2018, down 11.6% on the year before. Net income was -$104 million, and diluted earnings per share $-12.23. The figures are the company's own, from the 10-K it filed with the SEC on 1 April 2019.
Revenue
$193 million
-11.6% on the year
FY2011FY2018
Operating margin
-47.9%
-20.5% a year earlier
FY2011FY2018
Net income
-$104 million
FY2011FY2018
Diluted EPS
-$12.23
FY2011FY2018
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2018
FY2017
FY2016
On the year
Last 8 years
Revenue
193
218
311
-11.6%
Cost of revenue
211
188
266
+12.1%
Gross profit
-17.9
30.2
45.1
Gross margin
-9.3%
13.8%
14.5%
Research and development
26.1
15.7
47.9
+66.2%
Selling, general and administrative
39.9
43.7
46.2
-8.7%
Operating income
-92.4
-44.7
-61.7
Operating margin
-47.9%
-20.5%
-19.8%
Interest expense
4.1
5.3
19.7
-22.6%
Pre-tax income
-104
12.1
-67.6
Income tax
0.0
-0.1
-0.6
Effective tax rate
n/a
-0.8%
n/a
Net income
-104
12.2
-67.0
Net margin
-53.9%
5.6%
-21.5%
Diluted EPS
-$12.23
$0.58
-$7.36
$ 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
FY2018
FY2017
FY2016
On the year
Last 8 years
Operating cash flow
-74.4
-16.1
37.7
Capital expenditure
0.1
0.5
3.0
-80.0%
Free cash flow
-74.5
-16.6
34.7
Free cash flow margin
-38.6%
-7.6%
11.1%
Cash from investing
0.4
4.2
-1.2
-90.5%
Cash from financing
-11.1
-40.0
-9.8
Depreciation and amortisation
7.4
12.0
13.1
-38.3%
Share-based compensation
0.4
0.5
0.5
-20.0%
Diluted shares, weighted
9m
9m
9m
+0.6%
Balance sheet
$ million
FY2018
FY2017
FY2016
On the year
Last 8 years
Shareholders' equity
-322
-219
-236
Debt
153
164
234
-6.5%
Other liabilities
741
731
716
+1.4%
Total liabilities and equity
572
675
714
-15.3%
Fixed assets
4.2
4.9
6.0
-14.3%
Intangible assets
76.0
82.7
93.3
-8.1%
Cash and equivalents
123
209
261
-41.0%
Receivables
60.2
60.2
19.9
0.0%
Inventory
130
153
177
-15.3%
Other assets
178
166
156
+7.8%
Total assets
572
675
714
-15.3%
10-K for the year ended 31 December 2018, filed 1 April 2019: the filing.