Pursuit Attractions & Hospitality (PRSU) FY2015 results: revenue $1.1 billion, up 2.3% on the year
Pursuit Attractions & Hospitality, Inc. (PRSU) reported revenue of $1.1 billion for fiscal 2015, the year ended 31 December 2015, up 2.3% on the year before. Net income was $27 million, down 49.2%, and diluted earnings per share $1.32. The figures are the company's own, from the 10-K it filed with the SEC on 11 March 2016.
Revenue
$1.1 billion
+2.3% on the year
FY2009FY2015
Operating margin
4.1%
4.3% a year earlier
FY2009FY2015
Net income
$27 million
-49.2% on the year
FY2009FY2015
Diluted EPS
$1.32
-49.0% on the year
FY2009FY2015
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Revenue
1,089
1,065
953
+2.3%
Cost of revenue
1,034
1,005
916
+2.9%
Gross profit
54.6
59.9
37.1
-8.8%
Gross margin
5.0%
5.6%
3.9%
Operating income
44.9
45.5
35.2
-1.4%
Operating margin
4.1%
4.3%
3.7%
Interest expense
4.5
2.0
1.2
+125.1%
Pre-tax income
37.9
41.3
27.6
-8.1%
Income tax
10.5
0.1
8.3
+9,526.6%
Effective tax rate
27.7%
0.3%
30.1%
Net income
26.6
52.4
21.6
-49.2%
Net margin
2.4%
4.9%
2.3%
Diluted EPS
$1.32
$2.59
$1.06
-49.0%
$ 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
FY2015
FY2014
FY2013
On the year
Last 8 years
Operating cash flow
60.3
58.1
6.1
+3.8%
Capital expenditure
29.8
29.4
36.1
+1.5%
Free cash flow
30.4
28.7
-30.1
+6.1%
Free cash flow margin
2.8%
2.7%
-3.2%
Cash from investing
-28.7
-121
-22.0
Cash from financing
-25.3
76.9
-50.4
Depreciation and amortisation
35.2
30.8
28.0
+14.4%
Share-based compensation
3.8
2.9
5.2
+31.3%
Buybacks
4.8
12.3
1.3
-60.9%
Dividends paid
8.0
38.4
58.9
-79.1%
Dividend per share
$0.40
$1.90
$2.90
-78.9%
Diluted shares, weighted
20m
20m
20m
-0.8%
Shares outstanding at period end
25m
n/a
n/a
Balance sheet
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Shareholders' equity
323
335
347
-3.8%
Non-controlling interest
12.8
12.3
9.1
+3.6%
Debt
128
141
22.6
-9.6%
Other liabilities
228
224
183
+1.6%
Total liabilities and equity
691
713
562
-3.1%
Fixed assets
189
200
190
-5.2%
Goodwill
185
194
130
-4.6%
Intangible assets
33.3
43.0
4.5
-22.4%
Cash and equivalents
56.5
57.0
45.8
-0.8%
Receivables
93.8
78.1
61.2
+20.1%
Inventory
27.5
32.4
28.0
-15.0%
Other assets
105
109
103
-3.4%
Total assets
691
713
562
-3.1%
10-K for the year ended 31 December 2015, filed 11 March 2016: the filing.