MSG Knickerbockers (MSGS) FY2019 results: revenue $729 million, up 2.4% on the year
MSG Knickerbockers Corp. (MSGS) reported revenue of $729 million for fiscal 2019, the year ended 30 June 2019, up 2.4% on the year before. Net income was $11 million, down 91.9%, and diluted earnings per share $0.48. The figures are the company's own, from the 10-K it filed with the SEC on 20 August 2019.
Revenue
$729 million
+2.4% on the year
FY2014FY2019
Operating margin
-8.0%
-2.6% a year earlier
FY2014FY2019
Net income
$11 million
-91.9% on the year
FY2014FY2019
Diluted EPS
$0.48
-91.9% on the year
FY2014FY2019
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
729
712
1,318
+2.4%
Selling, general and administrative
327
291
407
+12.6%
Operating income
-58.2
-18.2
-56.3
Operating margin
-8.0%
-2.6%
-4.3%
Interest expense
5.0
3.5
4.2
+42.3%
Pre-tax income
-60.6
-21.3
-81.2
Income tax
-12.6
-59.4
-4.4
Net income
11.4
142
-72.7
-91.9%
Net margin
1.6%
19.9%
-5.5%
Diluted EPS
$0.48
$5.94
-$3.05
-91.9%
$ 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
161
218
224
-25.9%
Capital expenditure
189
192
44.2
-1.6%
Free cash flow
-27.6
25.7
179
Free cash flow margin
-3.8%
3.6%
13.6%
Cash from investing
-233
-182
-264
Cash from financing
-71.7
-51.1
-159
Depreciation and amortisation
119
122
107
-2.7%
Share-based compensation
59.5
47.6
41.1
+25.0%
Buybacks
0.0
11.8
148
Diluted shares, weighted
24m
24m
24m
+0.2%
Balance sheet
$ million
FY2019
FY2018
FY2017
On the year
Last 8 years
Shareholders' equity
2,620
2,536
2,408
+3.3%
Non-controlling interest
18.3
17.6
11.7
+4.0%
Redeemable equity
67.6
76.7
80.6
-11.8%
Debt
0.0
106
105
Other liabilities
1,057
1,000
1,107
+5.7%
Total liabilities and equity
3,764
3,736
3,713
+0.7%
Fixed assets
31.3
1,254
1,159
-97.5%
Goodwill
227
393
380
-42.2%
Intangible assets
6.3
244
257
-97.4%
Investments
108
0.0
n/a
Cash and equivalents
4.3
1.1
0.9
+294.2%
Receivables
15.5
101
102
-84.6%
Other assets
3,371
1,744
1,813
+93.2%
Total assets
3,764
3,736
3,713
+0.7%
10-K for the year ended 30 June 2019, filed 20 August 2019: the filing.