Fairway Group Financials

191.7 M

Revenue Q3, 2016
Net income (Q3, 2016)(9.7 M)
EBIT (Q3, 2016)(3.9 M)
Cash, 27-Dec-201535.3 M

Revenue/Financials

Income Statement

Annual

USDFY, 2014FY, 2015

Revenue

776 m199.1 m

Revenue growth, %

(74%)

EBIT

(34 m)(23.7 m)

EBIT margin, %

(4%)(12%)

Interest expense

20.2 m4.9 m

Pre tax profit

(51.1 m)(7.3 m)

Income tax expense

(29.2 m)(1.2 m)

Net Income

(80.3 m)(46.5 m)

Quarterly

USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Revenue

183.2 m205.7 m198.3 m194 m206.2 m193.8 m179.8 m191.7 m

General and administrative expense

15.1 m16.6 m15.3 m17.7 m19.5 m18 m14.9 m16 m

Operating expense total

15.1 m16.6 m15.3 m17.7 m19.5 m18 m14.9 m16 m

EBIT

(6.4 m)(3.9 m)(4 m)(11.5 m)(5.9 m)(6.9 m)(6.7 m)(3.9 m)

EBIT margin, %

(4%)(2%)(2%)(6%)(3%)(4%)(4%)(2%)

Interest expense

5 m5.1 m4.8 m4.8 m4.8 m4.9 m4.7 m4.9 m

Pre tax profit

(11.4 m)(5.9 m)(8.7 m)(16.3 m)(10.7 m)(11.8 m)(11.4 m)(8.8 m)

Income tax expense

(804 k)(945 k)(940 k)(400 k)(2.2 m)(619 k)(951 k)

Net Income

(12.2 m)(31.3 m)(9.7 m)(17.2 m)(11.1 m)(13.9 m)(12 m)(9.7 m)

Balance Sheet

Annual

USDFY, 2014FY, 2015

Cash

58.8 m36.4 m

Accounts Receivable

5.5 m3.4 m

Inventories

3 m

Current Assets

98.6 m75.4 m

PP&E

144.5 m148.3 m

Goodwill

95.4 m95.4 m

Total Assets

380.3 m359.1 m

Accounts Payable

34 m31.9 m

Short-term debt

2.8 m2.8 m

Current Liabilities

57.2 m57.8 m

Common Stock

14 k

Additional Paid-in Capital

369.9 m382.3 m

Retained Earnings

(358.4 m)(404.9 m)

Quarterly

USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Cash

58.8 m54.3 m49.3 m37.4 m39.7 m32.2 m29.9 m35.3 m

Accounts Receivable

5.2 m6.4 m5.7 m8.5 m7.3 m2.4 m3 m4.9 m

Current Assets

101.5 m100 m89.4 m81 m84.1 m71 m68.5 m78 m

PP&E

140.8 m143.9 m152 m155.5 m152.1 m144 m140.4 m134.4 m

Goodwill

95.4 m95.4 m95.4 m95.4 m95.4 m95.4 m95.4 m95.4 m

Total Assets

383.7 m381.6 m377.5 m371.8 m372.2 m349.7 m343 m346 m

Accounts Payable

40 m38.5 m34.5 m37.2 m36.2 m29.3 m33.4 m41 m

Short-term debt

2.8 m2.8 m2.8 m2.8 m2.8 m2.8 m2.8 m2.8 m

Current Liabilities

58.1 m58.5 m58.4 m61.2 m66.2 m56.6 m57.5 m68.9 m

Total Debt

2.8 m2.8 m2.8 m2.8 m2.8 m2.8 m2.8 m2.8 m

Total Liabilities

338.3 m364.5 m372.8 m380.5 m388.7 m383.6 m386.9 m397.1 m

Common Stock

15 k14 k

Additional Paid-in Capital

365.1 m366.6 m372.7 m376.6 m379.8 m384.9 m387 m389.4 m

Retained Earnings

(318.2 m)(349.5 m)(368 m)(385.3 m)(396.3 m)(418.8 m)(430.8 m)(440.6 m)

Total Equity

4.7 m(33.9 m)(43.8 m)(51.1 m)

Financial Leverage

80.2 x-10.3 x-7.8 x-6.8 x

Cash Flow

Annual

USDFY, 2014FY, 2015

Net Income

(80.3 m)(46.5 m)

Accounts Receivable

(3 m)2.1 m

Accounts Payable

(5.4 m)(2.1 m)

Cash From Operating Activities

1.2 m14 m

Capital Expenditures

(43.9 m)(31.9 m)

Cash From Investing Activities

(39.5 m)(33.5 m)

Long-term Borrowings

(2.8 m)(2.8 m)

Cash From Financing Activities

75.3 m(3 m)

Interest Paid

15.2 m14 m

Income Taxes Paid

2 k2 k

Free Cash Flow

45.2 m45.9 m

Quarterly

USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Net Income

(40.2 m)(71.4 m)(9.7 m)(26.9 m)(38 m)(13.9 m)(26 m)(35.7 m)

Accounts Receivable

(2.6 m)(3.9 m)(204 k)(2.9 m)(1.8 m)1 m398 k(1.5 m)

Accounts Payable

552 k(859 k)531 k3.2 m2.2 m(2.6 m)1.6 m9.2 m

Cash From Operating Activities

(13.2 m)(11.5 m)5.5 m5.2 m12.8 m(759 k)769 k9.7 m

Capital Expenditures

(26.5 m)(36.4 m)(14.3 m)(24.9 m)(28.7 m)(2.7 m)(5.9 m)(8.7 m)

Cash From Investing Activities

(26.5 m)(32 m)(14.3 m)(24.9 m)(30.3 m)(2.7 m)(5.9 m)(8.7 m)

Long-term Borrowings

(1.4 m)(2.1 m)(688 k)(1.4 m)(1.4 m)(688 k)(1.4 m)(2.1 m)

Cash From Financing Activities

76.8 m76 m(688 k)(1.6 m)(1.6 m)(688 k)(1.4 m)(2.1 m)

Interest Paid

7.7 m11.5 m3.7 m7.5 m7.8 m

Income Taxes Paid

2 k2 k2 k2 k2 k2 k2 k2 k

Free Cash Flow

(39.7 m)(47.8 m)(8.8 m)(19.8 m)(15.9 m)(3.5 m)(5.1 m)1 m

Ratios

USDY, 2015

Revenue/Employee

213 k

Financial Leverage

-6.8 x