Quinstreet (QNST) FY2016 results: revenue $298 million, up 5.5% on the year
Quinstreet, Inc. (QNST) reported revenue of $298 million for fiscal 2016, the year ended 30 June 2016, up 5.5% on the year before. Net income was -$19 million, and diluted earnings per share $-0.43. The figures are the company's own, from the 10-K it filed with the SEC on 12 September 2018.
Revenue
$298 million
+5.5% on the year
FY2010FY2016
Operating margin
-6.3%
-6.8% a year earlier
FY2010FY2016
Net income
-$19 million
FY2010FY2016
Diluted EPS
-$0.43
FY2010FY2016
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
298
282
283
+5.5%
Cost of revenue
271
252
242
+7.5%
Gross profit
26.7
30.1
40.6
-11.3%
Gross margin
9.0%
10.7%
14.4%
Research and development
16.4
17.9
19.5
-8.5%
Operating income
-18.9
-19.2
-108
Operating margin
-6.3%
-6.8%
-38.2%
Interest expense
0.6
3.8
3.8
-84.7%
Pre-tax income
-19.3
-20.3
-110
Income tax
0.1
-0.2
36.2
Net income
-19.4
-20.0
-146
Net margin
-6.5%
-7.1%
-51.8%
Diluted EPS
-$0.43
-$0.45
-$3.36
$ 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
1.0
6.1
18.4
-83.5%
Capital expenditure
1.9
3.3
5.5
-44.4%
Free cash flow
-0.8
2.8
12.9
Free cash flow margin
-0.3%
1.0%
4.6%
Cash from investing
-5.2
n/a
-10.7
Cash from financing
-2.5
n/a
n/a
Depreciation and amortisation
15.1
18.9
26.1
-20.0%
Share-based compensation
11.0
9.9
10.4
+11.3%
Buybacks
0.0
n/a
n/a
Diluted shares, weighted
45m
44m
44m
+1.7%
Shares outstanding at period end
46m
45m
44m
+2.1%
Balance sheet
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Shareholders' equity
125
136
145
-8.0%
Debt
15.0
15.0
77.3
-0.3%
Other liabilities
53.4
54.5
54.4
-2.1%
Total liabilities and equity
193
205
277
-5.9%
Fixed assets
7.7
8.6
11.1
-10.4%
Goodwill
56.1
56.1
55.5
0.0%
Intangible assets
10.1
19.0
31.4
-47.0%
Investments
n/a
n/a
38.6
Cash and equivalents
53.7
60.5
84.2
-11.2%
Receivables
47.2
46.2
42.0
+2.1%
Other assets
18.3
14.7
14.0
+24.2%
Total assets
193
205
277
-5.9%
10-K for the year ended 30 June 2016, filed 12 September 2018: the filing.