Interface (TILE) FY2021 results: revenue $1.2 billion, up 8.8% on the year
Interface Inc. (TILE) reported revenue of $1.2 billion for fiscal 2021, the year ended 2 January 2022, up 8.8% on the year before. Net income was $55 million, and diluted earnings per share $0.94. The figures are the company's own, from the 10-K it filed with the SEC on 2 March 2022.
Revenue
$1.2 billion
+8.8% on the year
FY2014FY2021
Operating margin
8.7%
-3.6% a year earlier
FY2014FY2021
Net income
$55 million
FY2014FY2021
Diluted EPS
$0.94
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
86.7
119
142
-27.2%
Capital expenditure
28.1
62.9
74.6
-55.4%
Free cash flow
58.6
56.1
67.1
+4.4%
Free cash flow margin
4.9%
5.1%
5.0%
Cash from investing
-28.1
-61.7
-74.2
Cash from financing
-60.9
-42.7
-66.7
Depreciation and amortisation
46.3
45.9
44.9
+0.9%
Share-based compensation
5.5
-0.5
n/a
Buybacks
0.0
0.0
25.2
Dividends paid
2.4
5.6
15.4
-57.6%
Dividend per share
$0.04
$0.10
$0.26
-57.9%
Diluted shares, weighted
59m
59m
59m
+0.7%
Shares outstanding at period end
59m
59m
58m
+0.7%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
363
327
368
+11.3%
Debt
518
577
596
-10.1%
Operating lease liabilities
77.9
86.5
91.8
-9.9%
Finance lease liabilities
3.2
2.7
1.7
+19.1%
Other liabilities
367
314
365
+17.1%
Total liabilities and equity
1,330
1,306
1,423
+1.8%
Fixed assets
n/a
n/a
325
Goodwill
147
166
257
-11.3%
Intangible assets
76.2
27.3
29.7
+179.1%
Investments
0.0
0.0
0.0
Cash and equivalents
97.3
103
81.3
-5.6%
Receivables
172
140
177
+22.7%
Inventory
265
229
254
+15.9%
Other assets
573
641
299
-10.7%
Total assets
1,330
1,306
1,423
+1.8%
10-K for the year ended 2 January 2022, filed 2 March 2022: the filing.