£3.4 B

Sports Direct Revenue FY, 2018
Sports Direct Revenue growth (FY, 2017 - FY, 2018), %4%
Sports Direct Gross profit (FY, 2018)1.3 B
Sports Direct Gross profit margin (FY, 2018), %39.7%
Sports Direct Net income (FY, 2018)27.6 M
Sports Direct EBIT (FY, 2018)217 M
Sports Direct Cash, 29-Mar-2018360 M
Sports Direct EV2.7 B

Sports Direct Revenue

Sports Direct revenue was £3.36 b in FY, 2018 which is a 3.5% year over year increase from the previous period.

Embed Graph

Sports Direct Revenue Breakdown

Embed Graph

Sports Direct revenue breakdown by business segment: 5.7% from Rest of World Retail , 18.9% from European Sports Retail , 64.7% from UK Sports Retail, 5.9% from Wholesale & Licensing and 4.8% from Other

Sports Direct Income Statement

Annual

GBPFY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

1.2b1.3b1.3b1.4b1.5b1.6b1.8b2.2b2.7b2.8b2.9b3.2b3.4b

Revenue growth, %

13%(7%)9%6%10%15%19%24%5%3%12%4%

Cost of goods sold

738.1m751.0m709.8m809.7m862.5m940.3m1.1b1.3b1.6b1.6b1.6b1.9b2.0b

Gross profit

456.7m596.1m549.7m557.6m589.1m658.9m744.3m894.8m1.2b1.2b1.3b1.3b1.3b

Gross profit Margin, %

38%44%44%41%41%41%41%41%43%44%44%41%40%

General and administrative expense

1.3b1.2b

Operating expense total

351.9m502.2m440.1m489.8m531.1m524.2m585.5m681.8m905.8m945.2m1.1b1.3b1.2b

EBITDA

137.9m147.2m116.3m60.9m197.6m224.0m267.8m306.4m363.8m377.4m

EBITDA margin, %

12%12%9%4%12%12%12%11%13%13%

EBIT

104.7m93.9m109.6m67.8m58.0m134.7m158.8m213.0m249.1m295.6m223.2m160.1m217.0m

EBIT margin, %

9%7%9%5%4%8%9%10%9%10%8%5%6%

Interest expense

9.4m40.9m

Interest income

18.8m3.4m

Investment income

162.5m25.7m

Pre tax profit

96.3m60.5m118.9m10.7m119.5m118.8m151.5m207.2m239.5m313.4m361.8m281.6m77.5m

Income tax expense

(31.4m)(23.4m)(41.1m)(26.2m)(30.3m)(35.6m)(45.9m)(55.6m)(59.8m)(72.1m)(82.8m)(49.9m)49.9m

Net Income

64.9m37.1m77.7m(15.5m)89.2m83.2m105.6m151.7m179.6m241.4m279.0m231.7m27.6m

Half Year

GBPH1, 2017H1, 2018

Revenue

1.6b1.7b

Cost of goods sold

975.7m1.1b

Gross profit

662.0m661.0m

Gross profit Margin, %

40%39%

General and administrative expense

576.1m556.0m

Operating expense total

576.1m556.0m

EBIT

80.0m127.4m

EBIT margin, %

5%7%

Interest expense

60.0m40.9m

Interest income

300.0k

Investment income

146.3m200.0k

Pre tax profit

140.2m45.8m

Income tax expense

46.8m17.1m

Net Income

93.4m28.7m

Sports Direct Balance Sheet

Annual

GBPFY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

48.9m181.8m25.1m60.5m78.7m147.4m151.0m78.3m234.2m204.7m360.0m

Accounts Receivable

50.4m56.5m64.4m61.0m45.4m47.6m44.1m50.4m60.9m65.3m54.4m39.3m35.0m

Inventories

219.1m231.4m218.8m262.3m218.8m217.9m316.8m447.0m565.5m517.1m702.2m629.2m873.4m

Current Assets

366.0m501.8m338.7m406.6m372.1m370.2m485.3m708.4m843.9m878.3m1.3b1.3b1.5b

PP&E

205.1m353.8m322.8m295.8m270.9m236.1m313.0m332.0m412.4m422.7m585.9m842.0m878.4m

Goodwill

255.1m255.4m208.6m

Total Assets

668.3m943.6m969.7m977.6m960.4m916.2m1.1b1.4b1.7b1.8b2.4b2.4b2.8b

Accounts Payable

123.0m139.4m87.1m107.0m133.5m95.7m155.5m170.0m239.5m170.1m219.0m133.3m228.6m

Short-term debt

69.5m

Current Liabilities

322.0m602.0m748.5m734.3m593.7m286.2m337.7m432.3m799.2m382.6m540.7m740.9m709.1m

Long-term debt

317.3m757.1m

Non-Current Liabilities

60.4m65.6m96.1m92.8m108.4m299.3m322.6m331.6m83.9m229.5m434.5m469.6m926.3m

Total Debt

99.8m217.3m476.4m458.9m333.7m13.2m9.3m55.8m356.2m1.2m800.0k69.5m757.1m

Total Liabilities

382.5m667.7m844.6m827.2m702.0m585.4m660.3m763.9m883.2m612.1m975.2m1.2b

Common Stock

64.1m64.1m

Additional Paid-in Capital

1.0m72.0m64.0m64.0m64.1m64.1m64.1m64.1m64.1m64.1m64.1m64.1m874.3m

Retained Earnings

62.9m36.7m78.2m(15.8m)89.4m84.2m105.6m151.6m180.2m240.4m277.4m229.9m1.6b

Total Equity

285.8m276.0m125.2m150.5m258.3m330.7m472.4m644.9m821.1m1.2b1.4b1.2b1.2b

Debt to Equity Ratio

0.3 x0.8 x3.8 x3.1 x1.3 x0 x0 x0.1 x0.4 x0 x0 x0.1 x0.6 x

Debt to Assets Ratio

0.1 x0.2 x0.5 x0.5 x0.3 x0 x0 x0 x0.2 x0 x0 x0 x0.3 x

Financial Leverage

2.3 x3.4 x7.7 x6.5 x3.7 x2.8 x2.4 x2.2 x2.1 x1.5 x1.7 x2 x2.3 x

Half Year

GBPH1, 2017H1, 2018

Cash

188.0m121.4m

Inventories

716.3m795.7m

Current Assets

1.2b1.4b

PP&E

833.6m871.2m

Total Assets

2.5b2.7b

Short-term debt

100.0k585.7m

Current Liabilities

738.0m1.3b

Long-term debt

259.8m7.4m

Non-Current Liabilities

387.0m149.8m

Total Debt

259.9m593.1m

Total Liabilities

1.1b1.4b

Common Stock

64.1m64.1m

Additional Paid-in Capital

874.3m874.3m

Retained Earnings

1.5b1.6b

Total Equity

1.3b1.3b

Financial Leverage

1.8 x2.1 x

Sports Direct Cash Flow

Annual

GBPFY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

64.9m37.1m77.7m(15.5m)89.2m83.2m105.6m151.7m179.6m241.4m279.0m231.7m27.6m

Depreciation and Amortization

147.9m139.4m

Accounts Receivable

8.2m49.8m

Inventories

15.0m(119.6m)

Accounts Payable

56.9m69.4m

Cash From Operating Activities

61.3m175.4m21.9m92.2m164.6m184.3m165.4m114.4m167.1m237.0m65.7m257.4m326.2m

Purchases of PP&E

(413.5m)69.0m

Cash From Investing Activities

(239.4m)(364.7m)

Long-term Borrowings

(344.1m)(343.0m)

Dividends Paid

380.0k

Cash From Financing Activities

(4.8m)(23.3m)(255.0m)(46.3m)(31.0m)186.2m11.2m52.1m(67.3m)(226.9m)188.4m(134.2m)259.2m

Net Change in Cash

(42.3m)16.0m(421.0m)35.7m105.1m353.9m20.8m72.2m3.6m(67.8m)156.2m(116.2m)220.7m

Income Taxes Paid

(59.8m)(72.1m)(82.8m)

Half Year

GBPH1, 2017H1, 2018

Net Income

28.7m27.6m

Depreciation and Amortization

68.8m64.0m

Accounts Receivable

1.7m(45.2m)

Inventories

(14.1m)(90.8m)

Accounts Payable

55.0m(8.1m)

Cash From Operating Activities

205.1m68.9m

Purchases of PP&E

(287.0m)(99.9m)

Cash From Investing Activities

(125.9m)(200.1m)

Long-term Borrowings

(163.6m)(310.0m)

Cash From Financing Activities

(90.6m)129.5m

Net Change in Cash

(45.8m)(22.0m)

Sports Direct Ratios

GBPY, 2018

EV/EBIT

12.3 x

EV/CFO

8.2 x

Revenue/Employee

193.7k

Debt/Equity

0.6 x

Debt/Assets

0.3 x

Financial Leverage

2.3 x
Report incorrect company information

Sports Direct Operating Metrics

H1, 2017H1, 2018FY, 2018

Stores (Europe)

291 287 253

Stores (Premium Lifestyle)

34 30 34

Stores (UK)

519 507 494
Report incorrect company information