People (PPLI) FY2021 results: revenue $3.7 billion, up 33.8% on the year
People Inc. (PPLI) reported revenue of $3.7 billion for fiscal 2021, the year ended 31 December 2021, up 33.8% on the year before. Net income was $598 million, up 121.5%, and diluted earnings per share $6.31. The figures are the company's own, from the 10-K it filed with the SEC on 1 March 2022.
Revenue
$3.7 billion
+33.8% on the year
FY2017FY2021
Operating margin
-3.7%
-19.4% a year earlier
FY2017FY2021
Net income
$598 million
+121.5% on the year
FY2017FY2021
Diluted EPS
$6.31
+112.5% on the year
FY2017FY2021
this yearthe year beforeHover a bar for its figure.
$ 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
137
155
252
-11.4%
Capital expenditure
90.2
60.7
95.1
+48.6%
Free cash flow
46.7
93.9
157
-50.2%
Free cash flow margin
1.3%
3.4%
6.2%
Cash from investing
n/a
-1,872
-422
Cash from financing
n/a
4,352
124
Depreciation and amortisation
150
196
130
-23.4%
Share-based compensation
79.5
189
130
-57.9%
Buybacks
35.4
63.7
56.9
-44.4%
Diluted shares, weighted
92m
91m
85m
+1.0%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
7,175
6,598
2,535
+8.8%
Non-controlling interest
574
553
470
+3.7%
Redeemable equity
18.7
232
43.8
-91.9%
Debt
2,100
720
248
+191.7%
Operating lease liabilities
578
205
165
+181.6%
Other liabilities
1,854
853
655
+117.3%
Total liabilities and equity
12,300
9,162
4,117
+34.3%
Fixed assets
571
275
302
+107.5%
Goodwill
3,227
1,660
1,397
+94.4%
Intangible assets
1,415
395
325
+258.2%
Investments
348
523
348
-33.5%
Trading assets
n/a
225
0.0
Cash and equivalents
1,691
3,366
838
-49.8%
Receivables
696
258
172
+169.9%
Inventory
30.7
0.3
n/a
+9,587.7%
Other assets
4,324
2,460
734
+75.8%
Total assets
12,300
9,162
4,117
+34.3%
10-K for the year ended 31 December 2021, filed 1 March 2022: the filing.