NCR Voyix (VYX) FY2023 results: revenue $3.2 billion, down 0.3% on the year
NCR Voyix Corp. (VYX) reported revenue of $3.2 billion for fiscal 2023, the year ended 31 December 2023, down 0.3% on the year before. Net income was -$428 million, and diluted earnings per share $-3.16. The figures are the company's own, from the 10-K it filed with the SEC on 14 March 2024.
Revenue
$3.2 billion
-0.3% on the year
FY2016FY2023
Operating margin
-4.2%
-1.6% a year earlier
FY2016FY2023
Net income
-$428 million
FY2016FY2023
Diluted EPS
-$3.16
FY2016FY2023
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
FY2023
FY2022
FY2021
On the year
Last 8 years
Operating cash flow
694
427
1,009
+62.5%
Capital expenditure
130
92.0
106
+41.3%
Free cash flow
564
335
903
+68.4%
Free cash flow margin
17.8%
10.6%
24.5%
Cash from investing
-290
-387
-2,826
Cash from financing
-839
1.0
2,178
Depreciation and amortisation
559
610
517
-8.4%
Share-based compensation
177
125
154
+41.6%
Buybacks
0.0
0.0
0.0
Diluted shares, weighted
141m
141m
139m
-0.4%
Shares outstanding at period end
143m
138m
132m
+3.3%
Balance sheet
$ million
FY2023
FY2022
FY2021
On the year
Last 8 years
Shareholders' equity
25.0
1,480
1,256
-98.3%
Non-controlling interest
0.0
-1.0
3.0
Redeemable equity
276
275
274
+0.4%
Short-term borrowings
15.0
101
57.0
-85.1%
Debt
2,578
5,714
5,622
-54.9%
Operating lease liabilities
251
286
388
-12.2%
Finance lease liabilities
7.0
3.0
13.0
+133.3%
Other liabilities
1,838
3,649
4,028
-49.6%
Total liabilities and equity
4,990
11,507
11,641
-56.6%
Fixed assets
207
227
703
-8.8%
Goodwill
1,519
2,064
4,519
-26.4%
Intangible assets
123
416
1,316
-70.4%
Cash and equivalents
256
218
221
+17.4%
Receivables
414
550
959
-24.7%
Inventory
250
357
754
-30.0%
Other assets
2,221
7,675
3,169
-71.1%
Total assets
4,990
11,507
11,641
-56.6%
10-K for the year ended 31 December 2023, filed 14 March 2024: the filing.