Centrus Energy (LEU) FY2019 results: revenue $210 million, up 8.7% on the year
Centrus Energy Corp. (LEU) reported revenue of $210 million for fiscal 2019, the year ended 31 December 2019, up 8.7% on the year before. Net income was -$16 million, and diluted earnings per share $-2.54. The figures are the company's own, from the 10-K it filed with the SEC on 27 March 2020.
Revenue
$210 million
+8.7% on the year
FY2012FY2019
Operating margin
-9.4%
-47.9% a year earlier
FY2012FY2019
Net income
-$16 million
FY2012FY2019
Diluted EPS
-$2.54
FY2012FY2019
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2019
FY2018
FY2017
On the year
Last 8 years
Revenue
210
193
218
+8.7%
Cost of revenue
177
211
188
-16.0%
Gross profit
32.5
-17.9
30.2
Gross margin
15.5%
-9.3%
13.8%
Research and development
14.6
26.1
15.7
-44.1%
Selling, general and administrative
33.7
39.9
43.7
-15.5%
Operating income
-19.7
-92.4
-44.7
Operating margin
-9.4%
-47.9%
-20.5%
Interest expense
3.0
4.1
5.3
-26.8%
Pre-tax income
-16.2
-104
12.1
Income tax
0.3
0.0
-0.1
Effective tax rate
n/a
n/a
-0.8%
Net income
-16.5
-104
12.2
Net margin
-7.9%
-53.9%
5.6%
Diluted EPS
-$2.54
-$12.23
$0.58
$ 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
FY2019
FY2018
FY2017
On the year
Last 8 years
Operating cash flow
11.3
-74.4
-16.1
Capital expenditure
0.1
0.1
0.5
0.0%
Free cash flow
11.2
-74.5
-16.6
Free cash flow margin
5.3%
-38.6%
-7.6%
Cash from investing
0.6
0.4
4.2
+50.0%
Cash from financing
-35.0
-11.1
-40.0
Depreciation and amortisation
7.0
7.4
12.0
-5.4%
Share-based compensation
1.4
0.4
0.5
+250.0%
Diluted shares, weighted
10m
9m
9m
+4.5%
Balance sheet
$ million
FY2019
FY2018
FY2017
On the year
Last 8 years
Shareholders' equity
-337
-322
-219
Debt
120
153
164
-21.4%
Operating lease liabilities
7.0
n/a
n/a
Other liabilities
666
741
731
-10.1%
Total liabilities and equity
456
572
675
-20.3%
Fixed assets
3.7
4.2
4.9
-11.9%
Intangible assets
69.5
76.0
82.7
-8.6%
Cash and equivalents
131
123
209
+6.2%
Receivables
21.1
60.2
60.2
-65.0%
Inventory
64.5
130
153
-50.3%
Other assets
166
178
166
-6.8%
Total assets
456
572
675
-20.3%
10-K for the year ended 31 December 2019, filed 27 March 2020: the filing.