Everpure (P) FY2021 results: revenue $1.7 billion, up 2.5% on the year
Everpure, Inc. (P) reported revenue of $1.7 billion for fiscal 2021, the year ended 31 January 2021, up 2.5% on the year before. Net income was -$282 million, and diluted earnings per share $-1.05. The figures are the company's own, from the 10-K it filed with the SEC on 25 March 2021.
Revenue
$1.7 billion
+2.5% on the year
FY2014FY2021
Operating margin
-15.5%
-11.6% a year earlier
FY2014FY2021
Net income
-$282 million
FY2014FY2021
Diluted EPS
-$1.05
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Revenue
1,684
1,643
1,360
+2.5%
Cost of revenue
535
510
458
+5.0%
Gross profit
1,149
1,134
902
+1.4%
Gross margin
68.2%
69.0%
66.4%
Research and development
480
434
350
+10.8%
Operating income
-261
-191
-169
Operating margin
-15.5%
-11.6%
-12.4%
Interest expense
31.4
27.9
21.6
+12.6%
Pre-tax income
-270
-195
-177
Income tax
11.9
6.3
1.1
+88.5%
Net income
-282
-201
-178
Net margin
-16.7%
-12.2%
-13.1%
Diluted EPS
-$1.05
-$0.79
-$0.77
$ 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
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
188
190
164
-1.0%
Capital expenditure
95.0
87.8
100
+8.1%
Free cash flow
92.7
102
64.2
-8.9%
Free cash flow margin
5.5%
6.2%
4.7%
Cash from investing
-418
-325
-511
Cash from financing
200
49.2
552
+306.6%
Depreciation and amortisation
57.1
80.4
70.9
-29.0%
Share-based compensation
242
227
211
+6.9%
Buybacks
135
15.0
20.0
+800.1%
Diluted shares, weighted
268m
253m
n/a
+5.9%
Shares outstanding at period end
n/a
n/a
221m
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
750
830
738
-9.7%
Debt
756
477
450
+58.4%
Operating lease liabilities
120
93.0
0.0
+29.5%
Other liabilities
1,193
964
785
+23.8%
Total liabilities and equity
2,819
2,364
1,973
+19.3%
Fixed assets
163
123
125
+32.8%
Goodwill
359
37.6
11.0
+854.5%
Intangible assets
76.6
58.3
20.1
+31.6%
Investments
916
937
749
-2.1%
Cash and equivalents
337
363
448
-7.0%
Receivables
461
459
379
+0.5%
Inventory
46.7
38.5
44.7
+21.3%
Other assets
460
349
196
+31.7%
Total assets
2,819
2,364
1,973
+19.3%
10-K for the year ended 31 January 2021, filed 25 March 2021: the filing.