Viasat (VSAT) FY2022 results: revenue $2.4 billion, up 25.8% on the year
Viasat Inc. (VSAT) reported revenue of $2.4 billion for fiscal 2022, the year ended 31 March 2022, up 25.8% on the year before. Net income was -$16 million, and diluted earnings per share $-0.21. The figures are the company's own, from the 10-K it filed with the SEC on 31 May 2022.
Revenue
$2.4 billion
+25.8% on the year
FY2015FY2022
Operating margin
-4.7%
-2.4% a year earlier
FY2015FY2022
Net income
-$16 million
FY2015FY2022
Diluted EPS
-$0.21
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
506
727
437
-30.5%
Capital expenditure
938
827
694
+13.4%
Free cash flow
-433
-100
-257
Free cash flow margin
-17.9%
-5.2%
-11.1%
Cash from investing
-1,130
-885
-759
Cash from financing
644
150
365
+330.0%
Depreciation and amortisation
495
397
342
+24.8%
Share-based compensation
86.8
84.9
86.6
+2.3%
Diluted shares, weighted
73m
67m
62m
+9.5%
Shares outstanding at period end
74m
69m
62m
+8.6%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
2,634
2,351
2,028
+12.0%
Non-controlling interest
48.7
35.8
22.4
+36.2%
Debt
2,486
1,833
1,851
+35.6%
Operating lease liabilities
316
314
287
+0.8%
Other liabilities
904
815
696
+10.9%
Total liabilities and equity
6,389
5,349
4,884
+19.4%
Fixed assets
3,705
3,050
2,587
+21.5%
Goodwill
169
122
121
+37.9%
Intangible assets
236
9.6
14.4
+2,367.0%
Cash and equivalents
310
296
304
+4.9%
Receivables
312
239
331
+30.8%
Inventory
198
337
294
-41.2%
Other assets
1,459
1,296
1,232
+12.6%
Total assets
6,389
5,349
4,884
+19.4%
10-K for the year ended 31 March 2022, filed 31 May 2022: the filing.