Sequential Brands Group Financials

$42.1 M

Revenue Q2, 2017

$72.8 M

Mkt cap, 16-Feb-2018
Net income (Q2, 2017)4.5 M
EBIT (Q2, 2017)24.2 M
Cash, 30-Jun-201719.7 M
EV686 M

Market Value

Revenue/Financials

Income Statement

Annual

USDFY, 2015FY, 2016

Revenue

88.3 m155.5 m

Revenue growth, %

76%

EBIT

29.7 m70.1 m

EBIT margin, %

34%45%

Interest expense

29.7 m50.5 m

Pre tax profit

1.1 m15.8 m

Income tax expense

(1.4 m)9.2 m

Net Income

2.4 m6.6 m

Quarterly

USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

34 m34.2 m42 m39.4 m42.1 m

EBIT

12 m13.2 m21.8 m16 m24.2 m

EBIT margin, %

35%39%52%41%58%

Interest expense

10.7 m10.6 m14.7 m14.5 m14.9 m

Pre tax profit

1.4 m2.6 m7.2 m1.5 m7.6 m

Income tax expense

399 k1 m3.9 m585 k3.1 m

Net Income

1 m1.6 m3.3 m955 k4.5 m

Balance Sheet

Annual

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

Cash

25.1 m22.5 m41.6 m19.1 m

Accounts Receivable

5.3 m15.7 m42 m53.2 m

Inventories

1.6 m5.7 m5.3 m4.4 m

Current Assets

32.3 m44.1 m94.6 m85.9 m

PP&E

986 k2.3 m6.5 m7.7 m

Goodwill

1.2 m169.8 m314.3 m307.7 m

Total Assets

153.6 m526.4 m1.3 b1.4 b

Accounts Payable

5 m6.7 m23.7 m18.9 m

Short-term debt

19 m28.3 m

Current Liabilities

15.4 m20.6 m44.9 m57.6 m

Long-term debt

49.9 m162.2 m531 m616.7 m

Non-Current Liabilities

57 m240.9 m727.2 m

Total Debt

550 m645 m

Total Liabilities

72.4 m261.5 m772.1 m897.3 m

Additional Paid-in Capital

114.4 m295.7 m496.2 m502.6 m

Retained Earnings

(34.9 m)(36 m)(38.8 m)(39.7 m)

Total Equity

81.2 m264.9 m525.6 m537.6 m

Debt to Equity Ratio

1 x1.2 x

Debt to Assets Ratio

0.4 x0.4 x

Financial Leverage

1.9 x2 x2.5 x2.7 x

Quarterly

USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

41.4 m36.7 m19.9 m21.5 m19.7 m

Accounts Receivable

34.6 m34.3 m44.2 m44.9 m49.2 m

Current Assets

87.9 m83.6 m78.1 m78.9 m74.7 m

PP&E

7.5 m7.5 m8.6 m6.8 m6.6 m

Goodwill

313.5 m303 m305.1 m307.7 m304.1 m

Total Assets

1.3 b1.3 b1.4 b1.4 b1.4 b

Accounts Payable

18.3 m17.3 m18 m17.5 m15 m

Short-term debt

20 m20 m26.2 m28.3 m28.3 m

Current Liabilities

39.3 m38.7 m49.5 m55.3 m51.2 m

Long-term debt

518.5 m513.9 m622.9 m610.6 m604.6 m

Total Debt

538.5 m533.9 m649.2 m638.9 m632.9 m

Total Liabilities

755.3 m756.5 m894.5 m888.2 m880 m

Additional Paid-in Capital

497.9 m499.7 m501.8 m507.1 m507.6 m

Retained Earnings

(39.9 m)(40 m)(38.7 m)(40.8 m)(38.3 m)

Total Equity

527.4 m527.6 m532.8 m538.4 m542.3 m

Financial Leverage

2.4 x2.4 x2.7 x2.6 x2.6 x

Cash Flow

Annual

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

Net Income

2.4 m6.6 m

Depreciation and Amortization

598 k1.1 m1.9 m4.8 m

Accounts Receivable

(9.2 m)(11.5 m)

Accounts Payable

(1.1 m)(1.1 m)(18.4 m)(5.1 m)

Purchases of PP&E

(950 k)(1.1 m)(1.5 m)(3.3 m)

Cash From Financing Activities

118.1 m113.8 m369.8 m87.4 m

Interest Paid

3.4 m6.7 m19.3 m45.3 m

Income Taxes Paid

484 k1.1 m178 k

Quarterly

USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

1 m2.7 m6 m955 k

Depreciation and Amortization

1.1 m2.2 m3.4 m

Accounts Receivable

7.3 m7.4 m(2.7 m)44.9 m

Accounts Payable

(5.5 m)(6.4 m)(7.6 m)17.5 m

Cash From Operating Activities

6.5 m11.6 m31.4 m

Purchases of PP&E

(607 k)(1.3 m)(1.6 m)

Long-term Borrowings

(4 m)(9 m)(14 m)

Cash From Financing Activities

98 m

Interest Paid

10 m20.2 m31.8 m

Income Taxes Paid

81 k81 k178 k

Ratios

USDY, 2017

EV/EBIT

28.3 x

Revenue/Employee

266.7 k

Financial Leverage

2.6 x