Somnigroup International (SGI) FY2021 results: revenue $4.9 billion, up 34.1% on the year
Somnigroup International Inc. (SGI) reported revenue of $4.9 billion for fiscal 2021, the year ended 31 December 2021, up 34.1% on the year before. Net income was $624 million, up 79.0%, and diluted earnings per share $3.06. The figures are the company's own, from the 10-K it filed with the SEC on 22 February 2022.
Revenue
$4.9 billion
+34.1% on the year
FY2014FY2021
Operating margin
18.5%
14.5% a year earlier
FY2014FY2021
Net income
$624 million
+79.0% on the year
FY2014FY2021
Diluted EPS
$3.06
+86.6% on the year
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
$ 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
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
723
655
n/a
+10.4%
Capital expenditure
123
111
88.2
+10.8%
Free cash flow
600
543
n/a
+10.4%
Free cash flow margin
12.2%
14.8%
n/a
Cash from investing
-555
-147
n/a
Cash from financing
76.5
-523
-203
Depreciation and amortisation
175
202
116
-13.8%
Share-based compensation
61.4
104
26.8
-41.2%
Dividends paid
63.1
0.0
0.0
Dividend per share
$0.32
n/a
n/a
Diluted shares, weighted
204m
212m
222m
-3.8%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
286
504
360
-43.2%
Non-controlling interest
0.0
1.0
0.9
Redeemable equity
9.2
8.9
0.0
+3.4%
Debt
2,332
1,299
1,540
+79.5%
Operating lease liabilities
427
275
205
+55.2%
Finance lease liabilities
61.5
60.0
55.9
+2.5%
Other liabilities
1,208
1,161
900
+4.1%
Total liabilities and equity
4,323
3,309
3,062
+30.7%
Fixed assets
n/a
508
436
Goodwill
1,107
766
732
+44.5%
Intangible assets
751
630
641
+19.2%
Cash and equivalents
301
65.0
64.9
+362.6%
Receivables
420
384
372
+9.3%
Inventory
464
312
260
+48.6%
Other assets
1,281
644
555
+99.1%
Total assets
4,323
3,309
3,062
+30.7%
10-K for the year ended 31 December 2021, filed 22 February 2022: the filing.