Pursuit Attractions & Hospitality (PRSU) FY2017 results: revenue $1.3 billion, up 8.5% on the year
Pursuit Attractions & Hospitality, Inc. (PRSU) reported revenue of $1.3 billion for fiscal 2017, the year ended 31 December 2017, up 8.5% on the year before. Net income was $58 million, up 36.5%, and diluted earnings per share $2.83. The figures are the company's own, from the 10-K it filed with the SEC on 27 February 2019.
Revenue
$1.3 billion
+8.5% on the year
FY2010FY2017
Operating margin
6.6%
6.4% a year earlier
FY2010FY2017
Net income
$58 million
+36.5% on the year
FY2010FY2017
Diluted EPS
$2.83
+35.4% on the year
FY2010FY2017
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2017
FY2016
FY2015
On the year
Last 8 years
Revenue
1,307
1,205
1,089
+8.5%
Cost of revenue
1,213
1,120
1,034
+8.3%
Gross profit
94.4
85.2
54.6
+10.8%
Gross margin
7.2%
7.1%
5.0%
Operating income
86.3
76.5
44.9
+12.7%
Operating margin
6.6%
6.4%
4.1%
Interest expense
8.3
5.9
4.5
+40.8%
Pre-tax income
104
64.7
37.9
+61.2%
Income tax
45.9
21.2
10.5
+116.0%
Effective tax rate
44.0%
32.8%
27.7%
Net income
57.7
42.3
26.6
+36.5%
Net margin
4.4%
3.5%
2.4%
Diluted EPS
$2.83
$2.09
$1.32
+35.4%
$ 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
FY2017
FY2016
FY2015
On the year
Last 8 years
Operating cash flow
112
100
60.3
+11.9%
Capital expenditure
56.6
49.8
29.8
+13.7%
Free cash flow
55.6
50.5
30.4
+10.1%
Free cash flow margin
4.3%
4.2%
2.8%
Cash from investing
-25.6
-245
-28.7
Cash from financing
-56.1
112
-25.3
Depreciation and amortisation
55.1
42.7
35.2
+28.9%
Share-based compensation
11.0
8.0
3.8
+36.5%
Buybacks
2.1
0.7
4.8
+193.5%
Dividends paid
8.2
8.1
8.0
+0.6%
Dividend per share
$0.40
$0.40
$0.40
0.0%
Diluted shares, weighted
20m
20m
20m
+1.1%
Shares outstanding at period end
25m
25m
25m
0.0%
Balance sheet
$ million
FY2017
FY2016
FY2015
On the year
Last 8 years
Shareholders' equity
429
357
323
+20.1%
Non-controlling interest
13.8
13.3
12.8
+3.9%
Redeemable equity
6.6
n/a
n/a
Debt
207
249
128
-16.8%
Other liabilities
263
250
228
+5.2%
Total liabilities and equity
920
870
691
+5.8%
Fixed assets
306
280
189
+9.2%
Goodwill
271
254
185
+6.5%
Intangible assets
62.8
73.7
33.3
-14.8%
Cash and equivalents
53.7
20.9
56.5
+157.0%
Receivables
105
105
93.8
+0.2%
Inventory
17.6
31.4
27.5
-44.1%
Other assets
105
105
105
-0.4%
Total assets
920
870
691
+5.8%
10-K for the year ended 31 December 2017, filed 27 February 2019: the filing.