Everpure (P) FY2019 results: revenue $1.4 billion, up 32.7% on the year
Everpure, Inc. (P) reported revenue of $1.4 billion for fiscal 2019, the year ended 31 January 2019, up 32.7% on the year before. Net income was -$178 million, and diluted earnings per share $-0.77. The figures are the company's own, from the 10-K it filed with the SEC on 26 March 2019.
Revenue
$1.4 billion
+32.7% on the year
FY2014FY2019
Operating margin
-12.4%
-16.3% a year earlier
FY2014FY2019
Net income
-$178 million
FY2014FY2019
Diluted EPS
-$0.77
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
1,360
1,025
739
+32.7%
Cost of revenue
458
354
252
+29.3%
Gross profit
902
671
487
+34.5%
Gross margin
66.4%
65.5%
65.9%
Research and development
350
279
246
+25.3%
Operating income
-169
-167
-221
Operating margin
-12.4%
-16.3%
-29.9%
Interest expense
21.6
0.0
0.0
+113,663.2%
Pre-tax income
-177
-156
-220
Income tax
1.1
3.9
1.9
-72.0%
Net income
-178
-160
-222
Net margin
-13.1%
-15.6%
-30.0%
Diluted EPS
-$0.77
-$0.84
-$1.26
$ 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
164
72.8
-14.4
+126.0%
Capital expenditure
100
65.1
76.8
+54.1%
Free cash flow
64.2
7.7
-91.1
+733.9%
Free cash flow margin
4.7%
0.8%
-12.3%
Cash from investing
-511
-57.2
-442
Cash from financing
552
46.8
n/a
+1,079.0%
Depreciation and amortisation
70.9
61.7
50.2
+14.8%
Share-based compensation
211
151
117
+39.8%
Buybacks
20.0
0.0
0.0
Shares outstanding at period end
221m
221m
204m
0.0%
Balance sheet
$ million
FY2019
FY2018
FY2017
On the year
Last 8 years
Shareholders' equity
738
574
537
+28.4%
Redeemable equity
n/a
0.0
0.0
Debt
450
0.0
0.0
Operating lease liabilities
0.0
n/a
n/a
Other liabilities
785
550
363
+42.9%
Total liabilities and equity
1,973
1,124
900
+75.5%
Fixed assets
125
89.1
81.7
+40.6%
Goodwill
11.0
0.0
n/a
Intangible assets
20.1
5.1
6.6
+297.8%
Investments
749
353
363
+112.1%
Cash and equivalents
448
244
184
+83.6%
Receivables
379
243
169
+55.9%
Inventory
44.7
34.5
23.5
+29.5%
Other assets
196
155
72.4
+26.3%
Total assets
1,973
1,124
900
+75.5%
10-K for the year ended 31 January 2019, filed 26 March 2019: the filing.