NCR Voyix (VYX) FY2022 results: revenue $3.2 billion, down 14.0% on the year
NCR Voyix Corp. (VYX) reported revenue of $3.2 billion for fiscal 2022, the year ended 31 December 2022, down 14.0% on the year before. Net income was $60 million, down 38.1%, and diluted earnings per share $0.31. The figures are the company's own, from the 10-K it filed with the SEC on 27 February 2023.
Revenue
$3.2 billion
-14.0% on the year
FY2015FY2022
Operating margin
-1.6%
0.7% a year earlier
FY2015FY2022
Net income
$60 million
-38.1% on the year
FY2015FY2022
Diluted EPS
$0.31
-46.6% 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
427
1,009
641
-57.7%
Capital expenditure
92.0
106
31.0
-13.2%
Free cash flow
335
903
610
-62.9%
Free cash flow margin
10.6%
24.5%
9.8%
Cash from investing
-387
-2,826
-277
Cash from financing
1.0
2,178
-514
-100.0%
Depreciation and amortisation
610
517
364
+18.0%
Share-based compensation
125
154
108
-18.8%
Buybacks
0.0
0.0
41.0
Diluted shares, weighted
141m
139m
128m
+1.6%
Shares outstanding at period end
138m
132m
129m
+4.4%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
1,480
1,256
1,048
+17.8%
Non-controlling interest
-1.0
3.0
3.0
Redeemable equity
275
274
273
+0.4%
Short-term borrowings
101
57.0
8.0
+77.2%
Debt
5,714
5,622
3,318
+1.6%
Operating lease liabilities
286
388
325
-26.3%
Finance lease liabilities
3.0
13.0
23.0
-76.9%
Other liabilities
3,649
4,028
3,416
-9.4%
Total liabilities and equity
11,507
11,641
8,414
-1.2%
Fixed assets
227
703
373
-67.7%
Goodwill
2,064
4,519
2,837
-54.3%
Intangible assets
416
1,316
532
-68.4%
Cash and equivalents
218
221
338
-1.4%
Receivables
550
959
1,117
-42.6%
Inventory
357
754
601
-52.7%
Other assets
7,675
3,169
2,616
+142.2%
Total assets
11,507
11,641
8,414
-1.2%
10-K for the year ended 31 December 2022, filed 27 February 2023: the filing.