Cable ONE market cap is $6.7 b, and annual revenue was $1.07 b in FY 2018

Cable ONE Net income (Q2, 2019)36.4 M

Cable ONE EBIT (Q2, 2019)74.1 M

Cable ONE Cash, 30-Jun-2019102.3 M

Cable ONE EV7.8 B

Cable ONE revenue breakdown by business segment: 42.5% from Residential Data, 36.4% from Residential Video, 12.3% from Business Services, 5.3% from Residential Voice and 3.4% from Other

USD | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 |
---|---|---|---|---|

## Revenue | 807.3m | 819.6m | 960.0m | 1.1b |

| 2% | |||

## General and administrative expense | 194.0m | 184.8m | 204.8m | 222.2m |

## Operating expense total | 194.0m | 631.4m | 724.0m | 804.4m |

## Depreciation and amortization | 140.6m | 142.2m | 181.6m | 197.7m |

## EBIT | 161.7m | 188.2m | 236.0m | 267.9m |

| 20% | 23% | 25% | 25% |

## Interest expense | 16.1m | 30.2m | 46.9m | 60.4m |

## Pre tax profit | 145.4m | 163.1m | 189.8m | 212.0m |

## Income tax expense | 56.4m | 64.2m | (44.2m) | 47.2m |

## Net Income | 89.0m | 98.9m | 234.0m | 164.8m |

- Source: SEC Filings

USD | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|

## Revenue | 202.7m | 198.2m | 202.8m | 204.6m | 205.5m | 207.4m | 241.0m | 253.8m | 265.8m | 268.4m | 268.3m | 278.6m | 285.7m |

## General and administrative expense | 52.4m | 47.8m | 43.9m | 43.5m | 48.8m | 45.7m | 51.2m | 52.0m | 50.9m | 54.2m | 59.4m | 61.4m | 60.1m |

## Operating expense total | 52.4m | 47.8m | 43.9m | 154.0m | 161.7m | 147.1m | 182.4m | 191.9m | 201.1m | 197.7m | 204.9m | 210.9m | 211.5m |

## Depreciation and amortization | 35.4m | 36.1m | 34.7m | 34.7m | 36.2m | 38.4m | 46.9m | 45.6m | 48.8m | 49.0m | 50.4m | 53.8m | 54.8m |

## EBIT | 35.8m | 39.0m | 47.4m | 50.6m | 43.8m | 60.4m | 58.6m | 61.9m | 64.7m | 70.7m | 63.3m | 67.7m | 74.1m |

| 18% | 20% | 23% | 25% | 21% | 29% | 24% | 24% | 24% | 26% | 24% | 24% | 26% |

## Interest expense | 997.0k | 7.8m | 7.6m | 7.5m | 7.5m | 7.6m | 11.8m | 14.0m | 14.7m | 15.0m | 15.5m | 18.1m | 18.5m |

## Pre tax profit | 34.8m | 31.3m | 40.3m | 43.2m | 40.6m | 53.0m | 46.5m | 48.2m | 50.6m | 56.6m | 49.4m | 51.4m | 46.0m |

## Income tax expense | 13.4m | 11.9m | 13.3m | 16.6m | 19.7m | 19.8m | 18.0m | 16.6m | 9.9m | 12.8m | 11.0m | 12.7m | 9.6m |

## Net Income | 21.4m | 19.4m | 27.0m | 26.6m | 20.9m | 33.2m | 28.6m | 31.5m | 40.7m | 43.8m | 38.3m | 38.7m | 36.4m |

- Source: SEC Filings

USD | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 |
---|---|---|---|---|

## Cash | 119.2m | 138.0m | 161.8m | 264.1m |

## Accounts Receivable | 34.7m | 37.1m | 51.1m | 29.9m |

## Inventories | 11.7m | |||

## Current Assets | 166.4m | 185.9m | 242.4m | 317.9m |

## PP&E | 640.6m | 619.6m | 831.9m | 848.0m |

## Goodwill | 85.5m | 84.9m | 172.1m | 172.1m |

## Total Assets | 1.4b | 1.4b | 2.2b | 2.3b |

## Accounts Payable | 5.5m | 118.0m | 94.1m | |

## Short-term debt | 20.6m | |||

## Current Liabilities | 126.8m | 111.1m | 170.6m | 133.7m |

## Long-term debt | 545.3m | 530.9m | 1.2b | 1.1b |

## Total Debt | 530.9m | 1.2b | 1.2b | |

## Total Liabilities | 942.8m | 1.5b | 1.5b | |

## Common Stock | 59.0k | 59.0k | 60.0k | 59.0k |

## Additional Paid-in Capital | 4.9m | 17.7m | 28.4m | 38.9m |

## Retained Earnings | 447.3m | 511.8m | 723.4m | 850.3m |

## Total Equity | 435.3m | 454.5m | 671.4m | 775.4m |

## Debt to Equity Ratio | 1.2 x | |||

## Debt to Assets Ratio | 0.4 x | |||

## Financial Leverage | 3.2 x | 3.1 x | 3.3 x | 3 x |

- Source: SEC Filings

- Source: SEC Filings

USD | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 |
---|---|---|---|---|

## Net Income | 89.0m | 98.9m | 234.0m | 164.8m |

## Depreciation and Amortization | 140.6m | 142.2m | 181.6m | 197.7m |

## Accounts Receivable | (5.0m) | (3.1m) | (17.0k) | |

## Accounts Payable | (4.1m) | 7.0m | (27.9m) | |

## Cash From Operating Activities | 112.8m | 324.5m | 407.8m | |

## Cash From Investing Activities | (155.2m) | (891.2m) | (214.3m) | |

## Long-term Borrowings | (1.2m) | (100.6m) | (14.4m) | |

## Cash From Financing Activities | 21.6m | 590.4m | (91.1m) | |

## Interest Paid | 43.3m | 56.4m | ||

## Income Taxes Paid | 30.0m | 59.6m | ||

## Free Cash Flow | 145.1m | 190.0m |

- Source: SEC Filings

- Source: SEC Filings

USD | Y, 2019 |
---|---|

## EV/EBIT | 111.5 x |

## EV/CFO | 38.9 x |

## EV/FCF | 81 x |

## Financial Leverage | 3.3 x |

Cable ONE's Enterprise Customers was reported to be 52.5 k in Q1, 2017. Cable ONE's Revenue Generating Units was reported to be 943.9 k in Q1, 2017. Cable ONE's Customers was reported to be 661 k in Q1, 2017.