Get notified regarding key financial metrics and revenue changes at Arctic CatLearn more
Banner background

Arctic Cat Revenue

Arctic Cat revenue was $632.9 m in FY, 2016 which is a 9.4% year over year decrease from the previous period.

Embed Graph

Summary - Funding Rounds

Founding Date

1982
Arctic Cat is a subsidiary of Textron

Arctic Cat Income Statement

Annual

USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

585.3m671.6m730.5m698.8m632.9m

Revenue growth, %

(4%)(9%)

Cost of goods sold

454.6m520.7m579.4m579.3m542.2m

Gross profit

130.6m150.9m151.1m119.4m90.7m

Gross profit Margin, %

22%22%21%17%14%

Sales and marketing expense

36.5m37.4m38.0m39.7m43.7m

R&D expense

17.9m20.7m24.0m24.3m27.2m

General and administrative expense

30.3m32.1m28.6m48.9m36.0m

Operating expense total

84.7m90.2m90.6m112.9m106.9m

EBIT

45.9m60.7m60.5m6.5m(16.2m)

EBIT margin, %

8%9%8%1%(3%)

Interest expense

8.0k84.0k

Interest income

86.0k49.0k30.0k25.0k15.0k

Pre tax profit

46.0m60.7m60.4m6.2m(17.0m)

Income tax expense

16.0m20.9m21.0m1.3m(7.9m)

Net Income

29.9m39.7m39.4m4.9m(9.2m)

Quarterly

USDQ1, 2012Q2, 2012Q3, 2012Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

74.9m204.8m207.0m229.0m218.0m120.8m238.5m225.8m143.6m262.5m193.7m134.4m211.2m166.0m104.9m164.6m117.4m

Cost of goods sold

60.7m147.7m159.2m165.0m167.2m91.6m176.9m185.6m112.8m207.4m158.8m111.8m167.2m141.8m93.1m151.1m107.7m

Gross profit

14.3m57.1m47.8m64.0m50.8m29.2m61.7m40.2m30.8m55.1m34.9m22.6m43.9m24.3m11.8m13.5m9.7m

Gross profit Margin, %

19%28%23%28%23%24%26%18%21%21%18%17%21%15%11%8%8%

Sales and marketing expense

6.1m12.2m10.2m12.0m10.0m7.0m12.1m9.7m7.0m12.1m11.8m9.0m11.8m12.2m9.2m11.2m11.2m

R&D expense

4.0m3.8m4.8m4.9m5.1m5.3m6.3m5.7m5.3m6.6m6.5m6.0m6.2m7.2m7.9m8.4m7.4m

General and administrative expense

7.8m8.2m6.6m8.4m8.0m8.4m7.0m6.4m12.9m12.3m10.8m9.2m7.2m10.6m12.0m13.0m11.6m

Operating expense total

17.9m24.2m21.6m25.3m23.1m20.7m25.4m21.8m25.2m31.0m29.1m24.1m25.3m30.1m29.1m32.6m30.3m

EBIT

(3.6m)32.9m26.2m38.8m27.7m8.5m36.3m18.4m5.6m24.1m5.9m(1.5m)18.7m(5.8m)(17.3m)(19.1m)(20.5m)

EBIT margin, %

(5%)16%13%17%13%7%15%8%4%9%3%(1%)9%(4%)(17%)(12%)(18%)

Interest expense

2.0k4.0k1.0k62.0k2.0k3.0k

Interest income

25.0k20.0k23.0k4.0k10.0k9.0k7.0k6.0k4.0k6.0k8.0k12.0k1.0k2.0k23.0k27.0k

Pre tax profit

(3.6m)32.9m26.2m38.7m27.7m8.5m36.2m18.3m5.5m23.9m5.8m(1.7m)18.3m(6.0m)(17.5m)(19.5m)(21.1m)

Income tax expense

(1.3m)11.5m9.2m13.7m9.8m3.0m12.9m6.2m2.0m8.5m(1.7m)(605.0k)7.1m(3.6m)(7.0m)(6.8m)16.2m

Net Income

(2.3m)21.4m17.0m25.0m17.9m5.5m23.4m12.1m3.6m15.4m7.5m(1.1m)11.2m(2.4m)(10.6m)(12.8m)(37.2m)

Arctic Cat Balance Sheet

Annual

USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Cash

24.1m35.6m22.5m40.3m17.7m

Accounts Receivable

28.1m30.3m42.0m28.7m684.0m

Prepaid Expenses

3.2m3.0m3.8m5.4m

Inventories

98.7m96.4m140.7m152.4m140.0m

Current Assets

212.9m259.3m285.3m247.4m229.0m

PP&E

41.2m45.5m55.9m62.9m

Goodwill

6.6m3.3m

Total Assets

255.4m306.1m342.3m316.8m317.9m

Accounts Payable

61.2m66.6m93.9m70.7m72.0m

Short-term debt

605.0k

Current Liabilities

114.0m127.3m148.5m124.6m124.0m

Long-term debt

45.0m

Total Debt

45.6m

Common Stock

131.0k132.0k129.0k130.0k

Additional Paid-in Capital

13.2m10.9m1.9m6.1m

Retained Earnings

127.8m167.6m187.0m185.4m171.3m

Total Equity

138.5m174.5m185.0m180.4m167.4m

Debt to Equity Ratio

0.3 x

Debt to Assets Ratio

0.1 x

Financial Leverage

1.8 x1.8 x1.8 x1.8 x1.9 x

Quarterly

USDQ1, 2012Q2, 2012Q3, 2012Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

35.0m41.1m31.8m24.0m17.6m48.1m40.1m56.0m24.3m24.0m57.5m20.3m10.7m11.0m13.5m9.2m10.5m

Accounts Receivable

32.6m96.0m52.2m88.6m50.8m43.7m105.1m74.1m33.2m106.0m59.1m40.1m68.2m44.3m45.0m93.3m44.0m

Prepaid Expenses

4.0m1.8m1.8m1.6m2.3m3.7m1.6m2.8m4.2m3.4m2.3m7.4m5.1m4.8m6.5m4.0m4.0m

Inventories

86.5m103.6m87.9m144.7m97.0m149.7m171.2m137.2m185.3m170.1m144.6m169.5m171.3m146.5m179.6m195.7m185.6m

Current Assets

240.7m315.0m237.8m277.4m265.1m260.1m333.7m292.3m264.0m321.4m292.6m260.4m272.6m227.7m256.6m310.8m247.2m

PP&E

40.5m40.6m39.7m39.8m41.6m44.9m46.8m47.0m55.3m57.1m58.5m66.6m72.9m76.0m81.0m82.4m85.7m

Goodwill

6.5m6.5m6.4m3.3m3.3m3.3m

Total Assets

282.9m357.2m279.2m318.5m308.2m306.2m381.8m340.6m320.3m379.4m352.0m333.5m352.0m310.2m355.5m417.9m341.6m

Accounts Payable

61.7m87.8m59.6m88.9m55.6m75.2m112.4m62.0m80.3m98.3m69.2m64.8m83.7m56.0m85.7m130.9m87.4m

Current Liabilities

100.3m150.4m134.9m152.2m125.1m119.3m175.4m120.5m126.6m170.1m136.9m108.4m131.2m102.6m134.3m183.6m137.7m

Long-term debt

30.9m15.8m50.0m73.9m79.1m

Total Debt

30.9m15.8m50.0m73.9m79.1m

Common Stock

121.0k122.0k124.0k133.0k132.0k132.0k134.0k134.0k129.0k129.0k129.0k130.0k130.0k130.0k130.0k130.0k131.0k

Preferred Stock

Additional Paid-in Capital

6.9m8.3m11.6m13.6m10.3m11.0m9.8m8.3m673.0k1.3m1.8m3.5m4.3m5.3m7.2m8.0m9.0m

Retained Earnings

175.2m196.6m134.0m154.8m172.6m171.7m193.7m204.5m189.0m202.7m208.6m182.8m192.3m188.2m160.8m148.0m110.8m

Total Equity

180.5m204.9m142.2m163.7m179.7m182.5m201.9m211.9m184.8m200.2m206.2m179.5m190.4m187.0m157.9m147.3m111.0m

Debt to Equity Ratio

0.2 x0.1 x0.3 x0.5 x0.7 x

Debt to Assets Ratio

0.1 x0 x0.1 x0.2 x0.2 x

Financial Leverage

1.6 x1.7 x2 x1.9 x1.7 x1.7 x1.9 x1.6 x1.7 x1.9 x1.7 x1.9 x1.8 x1.7 x2.3 x2.8 x3.1 x

Arctic Cat Cash Flow

Annual

USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

29.9m39.7m39.4m4.9m(9.2m)

Depreciation and Amortization

13.0m12.0m14.2m15.5m19.8m

Accounts Receivable

(4.5m)(3.0m)(10.9m)14.8m(10.2m)

Inventories

(38.5m)1.6m(42.2m)(14.0m)13.3m

Accounts Payable

21.2m5.4m26.8m(21.6m)872.0k

Cash From Operating Activities

100.7m32.7m44.2m59.7m19.1m

Purchases of PP&E

(15.0m)(16.3m)(24.4m)(22.2m)(38.0m)

Cash From Investing Activities

(14.8m)(16.3m)(24.3m)(30.6m)(38.0m)

Long-term Borrowings

(293.1m)

Dividends Paid

(5.3m)(6.5m)(4.9m)

Cash From Financing Activities

(75.7m)(4.6m)(33.5m)(8.6m)(4.7m)

Net Change in Cash

9.4m11.4m(13.0m)17.7m(22.5m)

Interest Paid

8.0k84.0k122.0k353.0k848.0k

Income Taxes Paid

9.5m8.3m13.9m3.3m168.0k

Quarterly

USDQ1, 2012Q2, 2012Q3, 2012Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

(2.3m)19.1m36.1m27.0m44.8m5.5m28.8m41.0m3.6m19.0m26.4m(1.1m)10.1m7.7m(10.6m)(23.3m)(60.5m)

Depreciation and Amortization

2.4m6.4m10.2m7.0m9.9m3.4m7.0m12.2m3.1m8.2m12.2m3.1m9.4m14.3m4.5m9.8m15.5m

Accounts Receivable

(8.7m)(68.5m)(28.5m)(61.3m)(23.3m)(8.3m)(73.3m)(41.7m)8.7m(63.6m)(16.1m)(14.6m)(42.8m)(19.0m)(9.6m)(57.9m)(9.0m)

Inventories

(24.6m)(43.0m)(27.9m)(46.3m)1.7m(52.4m)(73.4m)(39.2m)(44.9m)(30.4m)(5.9m)(16.6m)(18.3m)6.1m(39.9m)(56.0m)(46.7m)

Accounts Payable

19.1m41.6m19.5m26.2m(5.7m)8.6m45.7m(4.8m)(17.6m)867.0k(24.0m)(6.2m)9.2m(17.5m)5.9m58.9m13.0m

Cash From Operating Activities

25.0m29.1m106.0m6.9m8.9m17.6m18.1m42.4m7.1m12.7m57.5m(44.1m)(27.6m)(825.0k)(57.6m)(71.6m)(68.8m)

Purchases of PP&E

(3.7m)(7.8m)(10.9m)(5.6m)(10.4m)(2.8m)(8.3m)(13.7m)(2.4m)(9.3m)(14.8m)(6.7m)(19.3m)(27.2m)(4.2m)(10.8m)(19.6m)

Cash From Investing Activities

(3.7m)(7.8m)(10.8m)(5.6m)(10.4m)(2.8m)(8.3m)(13.7m)(2.4m)(9.3m)(14.8m)(6.7m)(19.3m)(27.2m)(4.2m)(10.8m)(19.6m)

Short-term Borrowings

(7.5m)(22.3m)(25.4m)

Long-term Borrowings

(30.0m)(132.5m)(226.7m)(44.2m)(86.8m)(150.4m)

Dividends Paid

(1.3m)(2.7m)(4.0m)(1.6m)(3.2m)(4.9m)(1.6m)(3.3m)(4.9m)

Cash From Financing Activities

(1.3m)5.7m(77.1m)(1.1m)(4.9m)(2.6m)(5.7m)(8.8m)(2.8m)(674.0k)(6.4m)29.7m16.3m(2.1m)57.7m73.8m81.3m

Net Change in Cash

20.3m26.4m17.1m(166.0k)(6.5m)12.5m4.5m20.5m1.7m1.5m35.0m(20.0m)(29.5m)(29.3m)(4.2m)(8.6m)(7.2m)

Interest Paid

2.0k6.0k7.0k66.0k84.0k3.0k40.0k127.0k24.0k149.0k344.0k113.0k508.0k700.0k212.0k669.0k1.2m

Income Taxes Paid

208.0k257.0k5.4m1.9m8.3m5.5m5.7m11.1m32.0k1.1m2.6m69.0k123.0k145.0k53.0k64.0k67.0k

Arctic Cat Ratios

USDQ1, 2012

Financial Leverage

1.6 x

Arctic Cat Employee Rating

3.142 votes
Culture & Values
2.5
Work/Life Balance
3.2
Senior Management
2.1
Salary & Benefits
2.3
Career Opportunities
2.5
Source