UFP Technologies (UFPT) FY2015 results: revenue $139 million, down 0.3% on the year
UFP Technologies Inc. (UFPT) reported revenue of $139 million for fiscal 2015, the year ended 31 December 2015, down 0.3% on the year before. Net income was $8 million, up 0.4%, and diluted earnings per share $1.05. The figures are the company's own, from the 10-K it filed with the SEC on 11 March 2016.
Revenue
$139 million
-0.3% on the year
FY2009FY2015
Operating margin
8.4%
8.3% a year earlier
FY2009FY2015
Net income
$8 million
+0.4% on the year
FY2009FY2015
Diluted EPS
$1.05
0.0% on the year
FY2009FY2015
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Revenue
139
139
139
-0.3%
Cost of revenue
101
102
98.2
-1.0%
Gross profit
37.5
36.9
41.0
+1.6%
Gross margin
27.0%
26.5%
29.5%
Research and development
1.3
1.4
1.2
-7.1%
Selling, general and administrative
24.0
23.8
23.6
+0.7%
Operating income
11.7
11.6
17.4
+1.3%
Operating margin
8.4%
8.3%
12.5%
Interest expense
0.1
0.2
n/a
-43.5%
Pre-tax income
11.7
11.8
17.2
-0.2%
Income tax
4.1
4.2
5.9
-1.4%
Effective tax rate
35.3%
35.8%
34.4%
Net income
7.6
7.6
11.3
+0.4%
Net margin
5.5%
5.4%
8.1%
Diluted EPS
$1.05
$1.05
$1.59
0.0%
$ 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
FY2015
FY2014
FY2013
On the year
Last 8 years
Operating cash flow
12.5
11.1
16.1
+12.5%
Capital expenditure
15.7
13.4
5.8
+17.2%
Free cash flow
-3.2
-2.3
10.3
Free cash flow margin
-2.3%
-1.7%
7.4%
Cash from investing
-15.7
n/a
n/a
Cash from financing
-1.1
n/a
n/a
Depreciation and amortisation
4.8
4.4
4.1
+10.7%
Share-based compensation
1.1
1.1
0.9
-4.5%
Buybacks
0.6
n/a
n/a
Diluted shares, weighted
7m
7m
7m
+0.6%
Shares outstanding at period end
7m
7m
7m
+1.4%
Balance sheet
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Shareholders' equity
104
95.0
85.6
+9.0%
Debt
1.9
2.9
3.8
-34.8%
Other liabilities
14.2
14.7
15.6
-3.4%
Total liabilities and equity
120
113
105
+6.3%
Fixed assets
46.6
34.8
25.5
+33.6%
Goodwill
7.3
7.3
7.3
0.0%
Intangible assets
0.6
1.0
1.3
-33.3%
Cash and equivalents
29.8
34.1
37.3
-12.5%
Receivables
17.5
16.5
17.0
+6.1%
Inventory
14.2
12.9
11.0
+10.2%
Other assets
3.6
6.0
5.5
-39.6%
Total assets
120
113
105
+6.3%
10-K for the year ended 31 December 2015, filed 11 March 2016: the filing.