Pursuit Attractions & Hospitality (PRSU) FY2016 results: revenue $1.2 billion, up 10.6% on the year
Pursuit Attractions & Hospitality, Inc. (PRSU) reported revenue of $1.2 billion for fiscal 2016, the year ended 31 December 2016, up 10.6% on the year before. Net income was $42 million, up 58.9%, and diluted earnings per share $2.09. The figures are the company's own, from the 10-K it filed with the SEC on 27 February 2019.
Revenue
$1.2 billion
+10.6% on the year
FY2009FY2016
Operating margin
6.4%
4.1% a year earlier
FY2009FY2016
Net income
$42 million
+58.9% on the year
FY2009FY2016
Diluted EPS
$2.09
+58.3% on the year
FY2009FY2016
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Revenue
1,205
1,089
1,065
+10.6%
Cost of revenue
1,120
1,034
1,005
+8.2%
Gross profit
85.2
54.6
59.9
+56.1%
Gross margin
7.1%
5.0%
5.6%
Operating income
76.5
44.9
45.5
+70.6%
Operating margin
6.4%
4.1%
4.3%
Interest expense
5.9
4.5
2.0
+30.1%
Pre-tax income
64.7
37.9
41.3
+70.6%
Income tax
21.2
10.5
0.1
+102.5%
Effective tax rate
32.8%
27.7%
0.3%
Net income
42.3
26.6
52.4
+58.9%
Net margin
3.5%
2.4%
4.9%
Diluted EPS
$2.09
$1.32
$2.59
+58.3%
$ 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
FY2016
FY2015
FY2014
On the year
Last 8 years
Operating cash flow
100
60.3
58.1
+66.4%
Capital expenditure
49.8
29.8
29.4
+66.9%
Free cash flow
50.5
30.4
28.7
+65.9%
Free cash flow margin
4.2%
2.8%
2.7%
Cash from investing
-245
-28.7
-121
Cash from financing
112
-25.3
76.9
Depreciation and amortisation
42.7
35.2
30.8
+21.3%
Share-based compensation
8.0
3.8
2.9
+108.9%
Buybacks
0.7
4.8
12.3
-85.0%
Dividends paid
8.1
8.0
38.4
+0.9%
Dividend per share
$0.40
$0.40
$1.90
0.0%
Diluted shares, weighted
20m
20m
20m
+1.0%
Shares outstanding at period end
25m
25m
n/a
0.0%
Balance sheet
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Shareholders' equity
357
323
335
+10.8%
Non-controlling interest
13.3
12.8
12.3
+4.1%
Debt
249
128
141
+95.5%
Other liabilities
250
228
224
+9.7%
Total liabilities and equity
870
691
713
+25.9%
Fixed assets
280
189
200
+47.9%
Goodwill
254
185
194
+37.1%
Intangible assets
73.7
33.3
43.0
+121.1%
Cash and equivalents
20.9
56.5
57.0
-63.0%
Receivables
105
93.8
78.1
+11.6%
Inventory
31.4
27.5
32.4
+14.1%
Other assets
105
105
109
+0.2%
Total assets
870
691
713
+25.9%
10-K for the year ended 31 December 2016, filed 27 February 2019: the filing.