NexPoint Residential Trust (NXRT) FY2018 results: revenue $147 million, up 1.6% on the year
NexPoint Residential Trust, Inc. (NXRT) reported revenue of $147 million for fiscal 2018, the year ended 31 December 2018, up 1.6% on the year before. Net income was -$2 million, and diluted earnings per share $-0.08. The figures are the company's own, from the 10-K it filed with the SEC on 19 February 2019.
Revenue
$147 million
+1.6% on the year
FY2013FY2018
Operating margin
20.8%
63.5% a year earlier
FY2013FY2018
Net income
-$2 million
FY2013FY2018
Diluted EPS
-$0.08
FY2013FY2018
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
147
144
133
+1.6%
Operating income
30.5
91.7
21.8
-66.7%
Operating margin
20.8%
63.5%
16.4%
Interest expense
28.6
29.6
20.2
-3.4%
Net income
-1.6
53.4
21.9
Net margin
-1.1%
37.0%
16.5%
Diluted EPS
-$0.08
$2.49
$1.03
$ 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
41.7
37.5
33.8
+11.3%
Capital expenditure
26.8
21.7
24.3
+23.1%
Free cash flow
15.0
15.8
9.4
-5.0%
Free cash flow margin
10.2%
10.9%
7.1%
Cash from investing
-135
5.0
-51.9
Cash from financing
93.4
-54.5
10.3
Depreciation and amortisation
47.5
48.8
35.6
-2.6%
Share-based compensation
4.2
3.1
0.8
+35.0%
Buybacks
9.7
2.4
4.6
+297.2%
Dividends paid
22.3
19.3
17.8
+15.6%
Dividend per share
$1.02
$0.91
$0.84
+12.6%
Diluted shares, weighted
22m
21m
21m
+1.3%
Shares outstanding at period end
23m
21m
21m
+11.6%
Balance sheet
$ million
FY2018
FY2017
FY2016
On the year
Last 8 years
Shareholders' equity
296
239
232
+23.6%
Non-controlling interest
n/a
n/a
24.6
Redeemable equity
2.6
2.1
n/a
+20.2%
Debt
846
29.8
310
+2,733.9%
Other liabilities
16.9
784
469
-97.8%
Total liabilities and equity
1,161
1,055
1,035
+10.0%
Cash and equivalents
19.9
16.0
22.7
+23.9%
Other assets
1,141
1,039
1,013
+9.8%
Total assets
1,161
1,055
1,035
+10.0%
10-K for the year ended 31 December 2018, filed 19 February 2019: the filing.