Everpure (P) FY2018 results: revenue $1.0 billion, up 38.6% on the year
Everpure, Inc. (P) reported revenue of $1.0 billion for fiscal 2018, the year ended 31 January 2018, up 38.6% on the year before. Net income was -$160 million, and diluted earnings per share $-0.84. The figures are the company's own, from the 10-K it filed with the SEC on 26 March 2019.
Revenue
$1.0 billion
+38.6% on the year
FY2014FY2018
Operating margin
-16.3%
-29.9% a year earlier
FY2014FY2018
Net income
-$160 million
FY2014FY2018
Diluted EPS
-$0.84
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
1,025
739
440
+38.6%
Cost of revenue
354
252
168
+40.2%
Gross profit
671
487
272
+37.8%
Gross margin
65.5%
65.9%
61.9%
Research and development
279
246
167
+13.6%
Operating income
-167
-221
-210
Operating margin
-16.3%
-29.9%
-47.7%
Interest expense
0.0
0.0
n/a
-56.8%
Pre-tax income
-156
-220
-212
Income tax
3.9
1.9
1.6
+106.1%
Net income
-160
-222
-214
Net margin
-15.6%
-30.0%
-48.5%
Diluted EPS
-$0.84
-$1.26
-$2.59
$ 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
72.8
-14.4
-7.9
Capital expenditure
65.1
76.8
39.4
-15.3%
Free cash flow
7.7
-91.1
-47.2
Free cash flow margin
0.8%
-12.3%
-10.7%
Cash from investing
-57.2
-442
n/a
Cash from financing
46.8
n/a
n/a
Depreciation and amortisation
61.7
50.2
32.3
+23.0%
Share-based compensation
151
117
58.2
+29.1%
Buybacks
0.0
0.0
0.0
Shares outstanding at period end
221m
204m
191m
+8.1%
Balance sheet
$ million
FY2018
FY2017
FY2016
On the year
Last 8 years
Shareholders' equity
574
537
563
+6.9%
Redeemable equity
0.0
0.0
0.0
Debt
0.0
0.0
0.0
Other liabilities
550
363
307
+51.6%
Total liabilities and equity
1,124
900
871
+24.9%
Fixed assets
89.1
81.7
52.6
+9.1%
Goodwill
0.0
n/a
n/a
Intangible assets
5.1
6.6
7.0
-22.9%
Investments
353
363
0.0
-2.7%
Cash and equivalents
244
184
605
+32.9%
Receivables
243
169
126
+43.8%
Inventory
34.5
23.5
20.6
+46.8%
Other assets
155
72.4
59.5
+114.2%
Total assets
1,124
900
871
+24.9%
10-K for the year ended 31 January 2018, filed 26 March 2019: the filing.