MSG Knickerbockers (MSGS) FY2020 results: revenue $603 million, down 17.3% on the year
MSG Knickerbockers Corp. (MSGS) reported revenue of $603 million for fiscal 2020, the year ended 30 June 2020, down 17.3% on the year before. Net income was -$182 million, and diluted earnings per share $-7.62. The figures are the company's own, from the 10-K it filed with the SEC on 31 August 2020.
Revenue
$603 million
-17.3% on the year
FY2014FY2020
Operating margin
-15.6%
-8.0% a year earlier
FY2014FY2020
Net income
-$182 million
FY2014FY2020
Diluted EPS
-$7.62
FY2014FY2020
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
603
729
712
-17.3%
Selling, general and administrative
320
327
291
-2.4%
Operating income
-93.9
-58.2
-18.2
Operating margin
-15.6%
-8.0%
-2.6%
Interest expense
4.5
5.0
3.5
-10.2%
Pre-tax income
-98.0
-60.6
-21.3
Income tax
20.6
-12.6
-59.4
Net income
-182
11.4
142
Net margin
-30.2%
1.6%
19.9%
Diluted EPS
-$7.62
$0.48
$5.94
$ 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
3.6
161
218
-97.8%
Capital expenditure
362
189
192
+92.0%
Free cash flow
-359
-27.6
25.7
Free cash flow margin
-59.5%
-3.8%
3.6%
Cash from investing
-515
-233
-182
Cash from financing
-521
-71.7
-51.1
Depreciation and amortisation
93.4
119
122
-21.7%
Share-based compensation
57.0
59.5
47.6
-4.2%
Buybacks
0.0
0.0
11.8
Diluted shares, weighted
24m
24m
24m
+0.2%
Balance sheet
$ million
FY2020
FY2019
FY2018
On the year
Last 8 years
Shareholders' equity
-207
2,620
2,536
Non-controlling interest
3.6
18.3
17.6
-80.6%
Redeemable equity
0.0
67.6
76.7
Short-term borrowings
0.0
n/a
n/a
Debt
350
0.0
106
Operating lease liabilities
679
n/a
n/a
Other liabilities
408
1,057
1,000
-61.4%
Total liabilities and equity
1,234
3,764
3,736
-67.2%
Fixed assets
39.6
31.3
1,254
+26.6%
Goodwill
227
227
393
0.0%
Intangible assets
2.8
6.3
244
-56.4%
Investments
n/a
108
0.0
Cash and equivalents
77.9
4.3
1.1
+1,703.4%
Receivables
7.4
15.5
101
-52.4%
Other assets
879
3,371
1,744
-73.9%
Total assets
1,234
3,764
3,736
-67.2%
10-K for the year ended 30 June 2020, filed 31 August 2020: the filing.