Mara Holdings (MARA) FY2016 results: revenue $37 million, up 93.0% on the year
Mara Holdings, Inc. (MARA) reported revenue of $37 million for fiscal 2016, the year ended 31 December 2016, up 93.0% on the year before. Net income was -$29 million, and diluted earnings per share $-7.56. The figures are the company's own, from the 10-K it filed with the SEC on 5 April 2017.
Revenue
$37 million
+93.0% on the year
FY2012FY2016
Operating margin
-42.5%
-135.3% a year earlier
FY2012FY2016
Net income
-$29 million
FY2012FY2016
Diluted EPS
-$7.56
FY2012FY2016
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
36.6
19.0
21.4
+93.0%
Cost of revenue
26.5
16.6
11.8
+59.7%
Gross profit
10.1
2.4
9.6
+325.9%
Gross margin
27.6%
12.5%
44.9%
Operating income
-15.6
-25.7
-6.2
Operating margin
-42.5%
-135.3%
-29.0%
Interest expense
3.1
4.2
0.5
-26.0%
Pre-tax income
-17.3
-25.1
-6.8
Income tax
11.5
-8.2
-4.9
Net income
-28.7
-16.9
-3.2
Net margin
-78.3%
-89.3%
-14.7%
Diluted EPS
-$7.56
-$4.76
-$1.08
$ 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
10.2
-3.0
4.5
Capital expenditure
0.0
0.1
0.1
-85.6%
Free cash flow
10.2
-3.0
4.4
Free cash flow margin
27.7%
-15.9%
20.6%
Cash from investing
-3.7
n/a
n/a
Cash from financing
-4.0
n/a
n/a
Depreciation and amortisation
7.5
10.8
5.5
-31.1%
Share-based compensation
2.0
2.5
1.8
-21.6%
Diluted shares, weighted
4m
4m
3m
+6.8%
Shares outstanding at period end
5m
4m
3m
+24.8%
Balance sheet
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Shareholders' equity
-9.3
12.7
24.3
Non-controlling interest
-0.2
n/a
n/a
Debt
17.8
12.2
5.4
+45.9%
Other liabilities
9.9
22.3
31.1
-55.6%
Total liabilities and equity
18.3
47.2
60.8
-61.3%
Fixed assets
0.0
0.1
0.1
-53.8%
Goodwill
0.2
4.5
4.9
-95.0%
Intangible assets
12.3
25.5
43.4
-51.6%
Cash and equivalents
5.0
2.6
5.1
+92.3%
Receivables
0.1
0.1
0.2
-30.5%
Other assets
0.6
14.5
7.2
-95.7%
Total assets
18.3
47.2
60.8
-61.3%
10-K for the year ended 31 December 2016, filed 5 April 2017: the filing.