MSG Knickerbockers (MSGS) FY2018 results: revenue $712 million, down 46.0% on the year
MSG Knickerbockers Corp. (MSGS) reported revenue of $712 million for fiscal 2018, the year ended 30 June 2018, down 46.0% on the year before. Net income was $142 million, and diluted earnings per share $5.94. The figures are the company's own, from the 10-K it filed with the SEC on 17 August 2018.
Revenue
$712 million
-46.0% on the year
FY2014FY2018
Operating margin
-2.6%
-4.3% a year earlier
FY2014FY2018
Net income
$142 million
FY2014FY2018
Diluted EPS
$5.94
FY2014FY2018
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
712
1,318
1,115
-46.0%
Selling, general and administrative
291
407
334
-28.6%
Operating income
-18.2
-56.3
-58.6
Operating margin
-2.6%
-4.3%
-5.3%
Interest expense
3.5
4.2
2.0
-16.6%
Pre-tax income
-21.3
-81.2
-77.0
Income tax
-59.4
-4.4
0.3
Net income
142
-72.7
-77.3
Net margin
19.9%
-5.5%
-6.9%
Diluted EPS
$5.94
-$3.05
-$3.12
$ 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
218
224
126
-2.6%
Capital expenditure
192
44.2
71.7
+334.0%
Free cash flow
25.7
179
54.1
-85.7%
Free cash flow margin
3.6%
13.6%
4.8%
Cash from investing
-182
-264
-116
Cash from financing
-51.1
-159
1,420
Depreciation and amortisation
122
107
102
+14.1%
Share-based compensation
47.6
41.1
24.5
+15.6%
Buybacks
11.8
148
106
-92.0%
Diluted shares, weighted
24m
24m
25m
-0.0%
Balance sheet
$ million
FY2018
FY2017
FY2016
On the year
Last 8 years
Shareholders' equity
2,536
2,408
2,586
+5.3%
Non-controlling interest
17.6
11.7
0.0
+50.0%
Redeemable equity
76.7
80.6
n/a
-4.9%
Debt
106
105
0.0
+0.3%
Other liabilities
1,000
1,107
958
-9.7%
Total liabilities and equity
3,736
3,713
3,544
+0.6%
Fixed assets
1,254
1,159
1,161
+8.1%
Goodwill
393
380
277
+3.3%
Intangible assets
244
257
15.7
-5.1%
Investments
0.0
n/a
n/a
Cash and equivalents
1.1
0.9
1,444
+17.6%
Receivables
101
102
76.0
-1.3%
Other assets
1,744
1,813
570
-3.8%
Total assets
3,736
3,713
3,544
+0.6%
10-K for the year ended 30 June 2018, filed 17 August 2018: the filing.