McClatchy revenue breakdown by business segment: 37.3% from Audience, 58.2% from Advertising and 4.5% from Other
USD | FY, 2010 | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 |
---|---|---|---|---|---|---|---|---|
Revenue | 1.4b | 1.4b | 1.3b | 1.2b | 1.1b | 1.1b | 977.1m | |
Revenue growth, % | (2%) | (5%) | (3%) | (8%) | (8%) | (8%) | ||
Sales and marketing expense | 383.7m | 338.6m | ||||||
General and administrative expense | 432.3m | 411.9m | 395.4m | 383.7m | ||||
Operating expense total | 854.6m | 827.6m | 799.8m | 1.2b | 861.4m | |||
Depreciation and amortization | 133.4m | 121.5m | 124.3m | 121.6m | 113.6m | 101.6m | 80.1m | |
EBIT | 124.9m | 82.3m | (245.3m) | 22.5m | 42.2m | |||
EBIT margin, % | 10% | 7% | (23%) | 2% | ||||
Interest expense | 177.6m | 165.4m | 151.3m | 135.4m | 127.5m | 86.0m | 83.2m | 81.5m |
Interest income | 53.0k | 254.0k | 331.0k | 463.0k | 558.0k | |||
Pre tax profit | 32.1m | 607.2m | (312.0m) | (47.3m) | (226.9m) | |||
Income tax expense | 5.6m | 8.4m | (23.7m) | 13.3m | (231.2m) | 11.8m | 13.1m | 105.5m |
Net Income | 18.8m | 374.0m | (300.2m) | (34.2m) | (332.4m) |
usd | Y, 2009 | Y, 2010 | Y, 2011 | Y, 2012 | FY, 2013 | Y, 2013 | Y, 2014 | FY, 2015 | Y, 2015 | FY, 2016 | FY, 2017 |
---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 6.2m | 17.5m | 86.0m | 113.1m | 80.8m | 80.8m | 220.9m | 9.3m | 9.3m | 5.3m | 99.4m |
Accounts Receivable | 10.8m | 36.8m | 16.4m | 11.9m | |||||||
Inventories | |||||||||||
Current Assets | 336.5m | 336.5m | 437.9m | 205.1m | 205.1m | 167.5m | 245.3m | ||||
PP&E | 458.7m | 458.7m | 404.2m | 364.2m | 364.2m | 297.5m | 257.6m | ||||
Goodwill | 1.0b | 1.0b | 996.1m | 705.2m | 705.2m | 705.2m | 705.2m | ||||
Total Assets | 2.6b | 2.6b | 2.6b | 1.9b | 1.9b | 1.8b | 1.5b | ||||
Accounts Payable | 49.6m | 49.6m | 49.1m | 41.8m | 41.8m | 36.8m | 31.9m | ||||
Short-term debt | 28.5m | 28.5m | 28.5m | 16.7m | 74.1m | ||||||
Current Liabilities | 248.3m | 248.3m | 364.9m | 165.7m | 165.7m | 190.0m | 236.3m | ||||
Long-term debt | 1.5b | 1.5b | 1.0b | 905.4m | 905.4m | 829.4m | 707.3m | ||||
Non-Current Liabilities | 2.1b | 2.1b | 1.7b | 1.6b | 1.6b | 1.5b | 1.5b | ||||
Total Debt | 1.6b | 1.5b | 1.5b | 1.0b | 905.4m | 846.2m | 781.4m | ||||
Total Liabilities | 2.4b | 2.1b | 1.7b | 1.7b | |||||||
Common Stock | 615.0k | 615.0k | 626.0k | 588.0k | 588.0k | 51.0k | 52.0k | ||||
Additional Paid-in Capital | 2.2b | 2.2b | 2.2b | 2.2b | 2.2b | 2.2b | 2.2b | ||||
Retained Earnings | (1.7b) | (1.7b) | (1.3b) | (1.6b) | (1.6b) | (1.6b) | (2.0b) | ||||
Total Equity | 240.4m | 240.4m | 503.4m | 192.8m | 192.8m | 113.9m | (204.3m) | ||||
Debt to Equity Ratio | 6.3 x | 2.1 x | 7.4 x | -3.8 x | |||||||
Debt to Assets Ratio | 0.6 x | 0.4 x | 0.5 x | 0.5 x | |||||||
Financial Leverage | 10.9 x | 10.9 x | 5.1 x | 10 x | 10 x | 16.1 x | -7.4 x |
USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 |
---|---|---|---|---|---|
Net Income | 18.8m | 374.0m | (300.2m) | (34.2m) | (332.4m) |
Depreciation and Amortization | 122.4m | 113.6m | 101.6m | 89.4m | 80.1m |
Accounts Receivable | |||||
Inventories | 3.6m | 3.8m | 2.8m | 2.7m | 4.1m |
Accounts Payable | 977.0k | (1.9m) | (7.3m) | (5.0m) | (5.0m) |
Cash From Operating Activities | 156.0m | 143.1m | (122.5m) | 75.4m | 18.1m |
Purchases of PP&E | (33.5m) | (23.4m) | (18.6m) | (13.0m) | (11.1m) |
Cash From Investing Activities | (20.0m) | 552.0m | 13.8m | (9.3m) | 102.5m |
Cash From Financing Activities | (168.3m) | (588.1m) | (102.8m) | (70.2m) | (26.5m) |
Income Taxes Paid | 3.7m | 186.2m | (190.6m) | 11.9m | 2.2m |
USD | Y, 2018 |
---|---|
EV/EBIT | -35.8 x |
EV/CFO | 86.6 x |
Financial Leverage | -5.4 x |