Quinstreet (QNST) FY2017 results: revenue $300 million, up 0.7% on the year
Quinstreet, Inc. (QNST) reported revenue of $300 million for fiscal 2017, the year ended 30 June 2017, up 0.7% on the year before. Net income was -$12 million, and diluted earnings per share $-0.27. The figures are the company's own, from the 10-K it filed with the SEC on 12 September 2018.
Revenue
$300 million
+0.7% on the year
FY2010FY2017
Operating margin
-3.6%
-6.3% a year earlier
FY2010FY2017
Net income
-$12 million
FY2010FY2017
Diluted EPS
-$0.27
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
300
298
282
+0.7%
Cost of revenue
269
271
252
-0.6%
Gross profit
30.4
26.7
30.1
+13.6%
Gross margin
10.1%
9.0%
10.7%
Research and development
13.5
16.4
17.9
-18.0%
Operating income
-10.7
-18.9
-19.2
Operating margin
-3.6%
-6.3%
-6.8%
Interest expense
0.3
0.6
3.8
-40.9%
Pre-tax income
-13.3
-19.3
-20.3
Income tax
-1.1
0.1
-0.2
Net income
-12.2
-19.4
-20.0
Net margin
-4.1%
-6.5%
-7.1%
Diluted EPS
-$0.27
-$0.43
-$0.45
$ 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
18.5
1.0
6.1
+1,726.2%
Capital expenditure
1.2
1.9
3.3
-37.6%
Free cash flow
17.4
-0.8
2.8
Free cash flow margin
5.8%
-0.3%
1.0%
Cash from investing
-3.4
-5.2
n/a
Cash from financing
-18.5
-2.5
n/a
Depreciation and amortisation
11.4
15.1
18.9
-24.6%
Share-based compensation
8.9
11.0
9.9
-18.9%
Buybacks
2.5
0.0
n/a
Diluted shares, weighted
46m
45m
44m
+0.9%
Shares outstanding at period end
45m
46m
45m
-0.3%
Balance sheet
$ million
FY2017
FY2016
FY2015
On the year
Last 8 years
Shareholders' equity
118
125
136
-5.3%
Debt
0.0
15.0
15.0
Other liabilities
56.2
53.4
54.5
+5.4%
Total liabilities and equity
174
193
205
-9.7%
Fixed assets
5.6
7.7
8.6
-26.9%
Goodwill
56.1
56.1
56.1
0.0%
Intangible assets
4.1
10.1
19.0
-59.3%
Cash and equivalents
49.6
53.7
60.5
-7.7%
Receivables
44.1
47.2
46.2
-6.7%
Other assets
14.8
18.3
14.7
-18.9%
Total assets
174
193
205
-9.7%
10-K for the year ended 30 June 2017, filed 12 September 2018: the filing.