Centrus Energy (LEU) FY2020 results: revenue $247 million, up 17.9% on the year
Centrus Energy Corp. (LEU) reported revenue of $247 million for fiscal 2020, the year ended 31 December 2020, up 17.9% on the year before. Net income was $54 million, and diluted earnings per share $0.57. The figures are the company's own, from the 10-K it filed with the SEC on 22 March 2021.
Revenue
$247 million
+17.9% on the year
FY2013FY2020
Operating margin
20.6%
-9.4% a year earlier
FY2013FY2020
Net income
$54 million
FY2013FY2020
Diluted EPS
$0.57
FY2013FY2020
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2020
FY2019
FY2018
On the year
Last 8 years
Revenue
247
210
193
+17.9%
Cost of revenue
150
177
211
-15.6%
Gross profit
97.6
32.5
-17.9
+200.3%
Gross margin
39.5%
15.5%
-9.3%
Research and development
2.8
14.6
26.1
-80.8%
Selling, general and administrative
36.0
33.7
39.9
+6.8%
Operating income
51.0
-19.7
-92.4
Operating margin
20.6%
-9.4%
-47.9%
Interest expense
0.1
3.0
4.1
-96.7%
Pre-tax income
53.0
-16.2
-104
Income tax
-1.4
0.3
0.0
Effective tax rate
-2.6%
n/a
n/a
Net income
54.4
-16.5
-104
Net margin
22.0%
-7.9%
-53.9%
Diluted EPS
$0.57
-$2.54
-$12.23
$ 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
FY2020
FY2019
FY2018
On the year
Last 8 years
Operating cash flow
67.1
11.3
-74.4
+493.8%
Capital expenditure
1.4
0.1
0.1
+1,300.0%
Free cash flow
65.7
11.2
-74.5
+486.6%
Free cash flow margin
26.6%
5.3%
-38.6%
Cash from investing
-1.4
0.6
0.4
Cash from financing
-44.4
-35.0
-11.1
Depreciation and amortisation
7.3
7.0
7.4
+4.3%
Share-based compensation
7.1
1.4
0.4
+407.1%
Diluted shares, weighted
10m
10m
9m
+5.8%
Balance sheet
$ million
FY2020
FY2019
FY2018
On the year
Last 8 years
Shareholders' equity
-321
-337
-322
Debt
114
120
153
-5.1%
Operating lease liabilities
4.3
7.0
n/a
-38.6%
Other liabilities
688
666
741
+3.4%
Total liabilities and equity
486
456
572
+6.7%
Fixed assets
4.9
3.7
4.2
+32.4%
Intangible assets
62.8
69.5
76.0
-9.6%
Cash and equivalents
152
131
123
+16.3%
Receivables
29.6
21.1
60.2
+40.3%
Inventory
64.8
64.5
130
+0.5%
Other assets
172
166
178
+3.5%
Total assets
486
456
572
+6.7%
10-K for the year ended 31 December 2020, filed 22 March 2021: the filing.