Shake Shack (SHAK) FY2021 results: revenue $740 million, up 41.5% on the year
Shake Shack Inc. (SHAK) reported revenue of $740 million for fiscal 2021, the year ended 29 December 2021, up 41.5% on the year before. Net income was -$5 million, and diluted earnings per share $-0.12. The figures are the company's own, from the 10-K it filed with the SEC on 18 February 2022.
Revenue
$740 million
+41.5% on the year
FY2014FY2021
Operating margin
-2.1%
-8.4% a year earlier
FY2014FY2021
Net income
-$5 million
FY2014FY2021
Diluted EPS
-$0.12
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
58.4
37.4
89.9
+56.4%
Capital expenditure
101
69.0
107
+47.0%
Free cash flow
-43.1
-31.7
-16.6
Free cash flow margin
-5.8%
-6.1%
-2.8%
Cash from investing
-145
-69.4
-80.7
Cash from financing
242
142
3.2
+70.7%
Depreciation and amortisation
59.0
48.8
40.4
+20.9%
Share-based compensation
8.7
5.6
7.5
+56.5%
Diluted shares, weighted
39m
37m
32m
+5.3%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
410
407
299
+0.5%
Non-controlling interest
26.1
27.2
23.2
-4.1%
Debt
244
0.0
0.0
Operating lease liabilities
400
344
305
+16.4%
Finance lease liabilities
4.3
3.6
3.6
+20.0%
Other liabilities
388
364
338
+6.8%
Total liabilities and equity
1,472
1,145
968
+28.5%
Fixed assets
389
337
315
+15.7%
Investments
80.0
36.9
36.5
+116.9%
Cash and equivalents
302
147
37.1
+105.9%
Receivables
13.7
9.5
10.0
+44.3%
Inventory
3.9
2.9
2.2
+33.3%
Other assets
682
613
568
+11.4%
Total assets
1,472
1,145
968
+28.5%
10-K for the year ended 29 December 2021, filed 18 February 2022: the filing.