Take-Two Interactive Software (TTWO) FY2022 results: revenue $3.5 billion, up 3.9% on the year
Take-Two Interactive Software, Inc. (TTWO) reported revenue of $3.5 billion for fiscal 2022, the year ended 31 March 2022, up 3.9% on the year before. Net income was $418 million, down 29.0%, and diluted earnings per share $3.58. The figures are the company's own, from the 10-K it filed with the SEC on 17 May 2022.
Revenue
$3.5 billion
+3.9% on the year
FY2015FY2022
Operating margin
13.5%
18.7% a year earlier
FY2015FY2022
Net income
$418 million
-29.0% on the year
FY2015FY2022
Diluted EPS
$3.58
-29.7% on the year
FY2015FY2022
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
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
258
912
686
-71.7%
Capital expenditure
159
68.9
53.4
+130.2%
Free cash flow
99.3
843
632
-88.2%
Free cash flow margin
2.8%
25.0%
20.5%
Cash from investing
139
-807
4.0
Cash from financing
-257
-57.3
-77.5
Depreciation and amortisation
61.1
55.6
48.1
+9.9%
Share-based compensation
183
110
258
+65.6%
Buybacks
200
0.0
0.0
Diluted shares, weighted
117m
116m
114m
+0.9%
Shares outstanding at period end
115m
115m
114m
+0.2%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
3,810
3,332
2,539
+14.3%
Non-controlling interest
n/a
0.0
n/a
Short-term borrowings
0.0
n/a
n/a
Debt
0.0
0.0
0.0
Operating lease liabilities
211
160
152
+32.3%
Other liabilities
2,525
2,537
2,258
-0.4%
Total liabilities and equity
6,546
6,028
4,949
+8.6%
Fixed assets
242
149
132
+62.0%
Goodwill
675
535
386
+26.0%
Intangible assets
266
122
51.3
+119.2%
Investments
820
1,309
644
-37.3%
Cash and equivalents
1,732
1,423
1,358
+21.7%
Receivables
579
553
593
+4.8%
Inventory
13.2
17.7
19.1
-25.5%
Other assets
2,218
1,920
1,766
+15.5%
Total assets
6,546
6,028
4,949
+8.6%
10-K for the year ended 31 March 2022, filed 17 May 2022: the filing.