Orthofix Financials

$102.7 M

Revenue Q1, 2017

$976.3 M

Mkt cap, 31-Oct-2017
Gross profit (Q1, 2017)80.2 M
Gross profit margin (Q1, 2017), %78%
Net income (Q1, 2017)(2.7 M)
EBIT (Q1, 2017)5.9 M
Closing share price, 2017-10-3149.9
Cash, 31-Mar-201741.7 M

Revenue/Financials

Income Statement

Annual

USDFY, 2016

Revenue

409.8 m

Cost of goods sold

87.9 m

Gross profit

321.9 m

Gross profit Margin, %

79%

Sales and marketing expense

181.3 m

R&D expense

28.8 m

General and administrative expense

74.4 m

Operating expense total

284.5 m

EBIT

21.1 m

EBIT margin, %

5%

Interest expense

763 k

Interest income

763 k

Pre tax profit

19 m

Income tax expense

(15.5 m)

Net Income

3.1 m

Quarterly

USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

101 m101 m89.8 m101 m101.2 m98.7 m104.1 m98.5 m102.7 m

Cost of goods sold

25.4 m25.3 m19.3 m21.9 m23.9 m22.1 m22.5 m19.9 m22.6 m

Gross profit

75.6 m75.7 m70.4 m79 m77.3 m76.5 m81.6 m78.6 m80.2 m

Gross profit Margin, %

75%75%78%78%76%78%78%80%78%

Sales and marketing expense

42 m41 m44.3 m42.9 m46.1 m44.8 m46 m41.7 m48.5 m

R&D expense

6.3 m6.6 m5.8 m6.5 m6.5 m7.6 m6.8 m6.9 m7.4 m

General and administrative expense

17.6 m18.8 m21.2 m22.5 m19.3 m16.7 m18 m18.6 m18.3 m

Operating expense total

65.9 m66.4 m71.3 m71.9 m72 m69.2 m70.8 m67.2 m74.2 m

EBIT

6.7 m6.5 m(7.2 m)4.9 m4.1 m7.1 m(2.6 m)9.3 m5.9 m

EBIT margin, %

7%6%(8%)5%4%7%(3%)9%6%

Interest expense

492 k395 k272 k74 k125 k38 k471 k45 k

Interest income

74 k471 k45 k

Pre tax profit

6.6 m4.8 m(6.8 m)5.9 m2.3 m8.9 m(2.6 m)9.1 m1.6 m

Income tax expense

(3.3 m)(4.8 m)(964 k)(1.8 m)(3.1 m)(4.3 m)(3.7 m)1.3 m(3.9 m)

Net Income

(683 k)452 k(8.4 m)3.6 m(1.4 m)3.9 m(7.4 m)9.9 m(2.7 m)

Balance Sheet

Annual

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

Cash

30.5 m36.8 m63.7 m39.6 m

Accounts Receivable

2.8 m

Inventories

90.6 m59.8 m57.6 m63.3 m

Current Assets

280.2 m256.4 m212.3 m194.4 m

PP&E

54.6 m48.5 m52.3 m48.9 m

Goodwill

53.6 m53.6 m53.6 m53.6 m

Total Assets

423.2 m393.2 m400.2 m372.1 m

Accounts Payable

20.7 m13.2 m16.4 m14.4 m

Current Liabilities

66.8 m66.4 m82 m83.4 m

Long-term debt

20 m20 m

Total Liabilities

108.6 m

Additional Paid-in Capital

216.7 m232.8 m232.1 m204.1 m

Retained Earnings

89.3 m65.4 m62.6 m64.2 m

Total Equity

310.5 m290.3 m263.5 m

Financial Leverage

1.4 x1.4 x1.4 x

Quarterly

USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

28.9 m29.8 m29.8 m55.9 m63.7 m39.8 m40.5 m46.8 m41.7 m

Inventories

70.9 m64.3 m56.7 m59.2 m57.8 m59.8 m61.3 m65 m66.3 m

Current Assets

292.7 m270.3 m235 m235.2 m245.5 m174 m178 m185.2 m186.8 m

PP&E

51.1 m49.6 m46.7 m50 m51.5 m53.6 m52.5 m51.9 m48 m

Goodwill

53.6 m53.6 m53.6 m53.6 m53.6 m53.6 m53.6 m53.6 m53.6 m

Total Assets

434 m411 m386.7 m389.2 m402.4 m362.8 m364.7 m376.1 m354.7 m

Accounts Payable

15.7 m13.2 m16.3 m17.2 m17 m13.5 m13.7 m14.4 m16.6 m

Current Liabilities

83.1 m81.4 m69.4 m64.9 m78.6 m59 m77.2 m83.3 m62.9 m

Long-term debt

20 m20 m

Additional Paid-in Capital

228.5 m231 m236.3 m238 m240 m212.7 m205.3 m208.1 m208.7 m

Retained Earnings

70.7 m71.2 m57 m60.6 m59.2 m66.4 m59.1 m67.4 m61.5 m

Total Equity

305.2 m305 m297.7 m297.2 m275.5 m258.2 m273.2 m267.1 m

Financial Leverage

1.4 x1.3 x1.3 x1.4 x1.3 x1.4 x1.4 x1.3 x

Cash Flow

Annual

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

Net Income

(25.5 m)(8.5 m)(2.8 m)3.1 m

Depreciation and Amortization

2.3 m20.9 m20.8 m

Accounts Receivable

25.7 m6.1 m(1.5 m)392 k

Inventories

(6.6 m)8.1 m3.1 m(5.3 m)

Accounts Payable

(2.3 m)(6.5 m)3 m(1.8 m)

Cash From Operating Activities

66.9 m51 m43.2 m44.7 m

Cash From Investing Activities

(29.7 m)(20 m)(38.3 m)(21.9 m)

Long-term Borrowings

(16 k)(20 m)(20 m)(20 m)

Cash From Financing Activities

(38.4 m)(20 m)25.1 m(46.1 m)

Interest Paid

2 m1.3 m852 k672 k

Income Taxes Paid

8.8 m2.2 m3.2 m4.4 m

Quarterly

USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

(683 k)452 k(8.4 m)3.6 m(1.4 m)3.9 m(7.4 m)9.9 m(2.7 m)

Depreciation and Amortization

661 k508 k405 k

Inventories

70.9 m64.3 m56.7 m59.2 m57.8 m59.8 m61.3 m65 m66.3 m

Accounts Payable

15.7 m13.2 m16.3 m17.2 m17 m13.5 m13.7 m14.4 m16.6 m

Ratios

USDY, 2017

Revenue/Employee

109.5 k

Financial Leverage

1.3 x
Report incorrect company information