Summary - Funding Rounds

Founding Date

1991

Starz Income Statement

Annual

USDFY, 2013FY, 2014FY, 2015

Revenue

1.8b1.7b1.7b

Revenue growth, %

(6%)2%

General and administrative expense

273.9m315.7m

Operating expense total

1.4b315.7m

Depreciation and amortization

17.4m19.0m

EBIT

425.2m451.7m409.7m

EBIT margin, %

24%27%24%

Interest expense

46.5m

Pre tax profit

389.2m409.8m348.0m

Income tax expense

139.4m140.8m111.5m

Net Income

249.8m269.0m236.5m

Quarterly

USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Revenue

420.0m410.1m408.2m450.7m417.7m404.1m431.9m402.6m407.8m

General and administrative expense

69.7m62.1m74.4m77.2m75.5m74.4m90.9m79.0m85.9m

Operating expense total

69.7m62.1m310.9m308.2m75.5m302.3m90.9m79.0m85.9m

Depreciation and amortization

4.9m5.1m4.8m4.8m4.7m5.2m5.7m

EBIT

113.5m104.8m97.3m142.5m110.5m101.8m114.1m105.4m74.0m

EBIT margin, %

27%26%24%32%26%25%26%26%18%

Pre tax profit

102.5m104.0m84.4m129.1m97.1m85.8m102.6m87.2m58.6m

Income tax expense

35.7m35.0m28.6m43.0m34.1m26.3m35.6m32.8m24.3m

Net Income

66.8m69.0m55.8m86.1m63.0m59.5m67.0m54.4m34.3m

Starz Balance Sheet

Annual

USDY, 2010Y, 2011FY, 2011FY, 2012Y, 2012Y, 2013FY, 2013Y, 2014FY, 2014FY, 2015Y, 2015

Cash

315.7m1.1b2.1b749.8m749.8m25.7m25.7m13.4m13.4m10.7m10.7m

Accounts Receivable

288.0m241.4m247.1m249.1m252.9m

Prepaid Expenses

45.0m44.7m63.8m70.1m90.1m

Inventories

Current Assets

3.9b1.4b639.1m639.1m637.0m637.0m669.8m669.8m

PP&E

215.0m96.3m95.7m95.7m89.8m89.8m89.2m89.2m

Goodwill

332.0m131.8m131.8m131.8m131.8m131.8m

Total Assets

7.7b2.2b1.4b1.4b1.6b1.6b1.6b1.6b

Accounts Payable

15.0m6.2m7.3m7.3m10.1m10.1m8.0m8.0m

Short-term debt

754.0m4.1m4.9m5.3m5.6m

Current Liabilities

1.2b330.5m326.6m326.6m350.2m350.2m291.6m291.6m

Long-term debt

541.0m535.7m1.1b1.2b1.0b

Total Debt

1.3b539.8m1.1b1.2b1.0b

Total Liabilities

2.5b873.9m1.4b1.5b1.3b

Preferred Stock

Additional Paid-in Capital

3.6b310.7m310.7m24.0m24.0m

Retained Earnings

1.7b(245.5m)(245.5m)25.8m25.8m218.2m218.2m

Total Equity

5.3b2.2b54.7m54.7m39.8m39.8m217.7m217.7m

Financial Leverage

1.5 x1 x26.5 x26.5 x39.5 x39.5 x7.2 x7.2 x

Quarterly

USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Cash

2.1b1.9b1.9b1.8b1.2b30.6m17.9m12.9m45.6m10.1m20.3m17.0m9.8m12.9m14.0m

Accounts Receivable

282.0m299.0m272.0m307.0m308.0m242.0m236.7m269.4m252.0m287.6m289.8m271.9m

Prepaid Expenses

42.0m41.0m57.0m51.0m64.0m45.2m42.5m43.4m40.8m55.1m55.2m60.5m66.5m

Current Assets

3.9b3.8b3.4b3.0b2.1b711.3m725.5m647.7m642.8m677.3m718.5m672.1m744.3m738.8m706.2m

PP&E

231.0m219.0m209.0m204.0m199.0m92.7m90.3m88.6m87.6m86.8m85.9m87.0m87.8m88.5m

Goodwill

131.8m

Total Assets

9.2b8.9b7.1b6.9b8.4b1.5b1.6b1.5b1.5b1.7b1.7b1.6b1.7b1.6b1.6b

Accounts Payable

16.0m13.0m12.0m10.0m12.0m6.1m7.8m5.8m5.6m6.0m5.4m7.3m10.0m5.5m5.9m

Short-term debt

754.0m754.0m4.0m17.0m4.0m5.0m5.1m5.2m5.3m5.4m5.5m5.7m5.8m5.9m

Current Liabilities

3.1b3.0b547.0m453.0m471.0m336.5m410.7m293.6m259.7m366.9m250.8m227.4m302.2m296.3m272.8m

Long-term debt

38.0m37.0m540.0m526.0m537.0m1.1b1.2b1.2b1.2b1.2b1.1b1.1b989.7m

Total Debt

792.0m791.0m544.0m543.0m541.0m5.0m1.1b1.2b1.2b1.3b1.2b1.1b1.1b995.6m

Total Liabilities

3.9b3.8b1.8b1.6b2.0b1.4b1.5b1.4b1.5b1.6b1.5b1.4b1.4b1.4b1.3b

Common Stock

1.0m

Preferred Stock

Additional Paid-in Capital

3.8b3.5b3.3b3.4b417.7m252.6m190.7m111.0m23.5m15.9m8.9m

Retained Earnings

1.3b1.2b1.8b2.0b3.0b(318.8m)(180.6m)(110.5m)(54.2m)110.4m173.8m230.2m212.1m237.1m271.4m

Total Equity

5.3b5.1b5.3b5.3b6.4b95.6m63.3m70.5m46.5m125.9m181.2m221.0m211.6m235.6m278.5m

Financial Leverage

1.7 x1.8 x1.3 x1.3 x1.3 x15.6 x24.6 x21.1 x32.3 x13.4 x9.3 x7.3 x7.8 x7 x5.7 x

Starz Cash Flow

Annual

USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015

Net Income

812.0m254.5m249.8m269.0m236.5m

Depreciation and Amortization

69.0m19.4m17.4m19.4m19.0m

Accounts Payable

148.0m31.8m9.9m(20.3m)12.5m

Cash From Operating Activities

276.0m292.1m312.9m206.5m250.6m

Purchases of PP&E

(14.0m)(16.2m)(14.8m)(11.2m)(17.2m)

Cash From Investing Activities

(274.0m)(16.2m)(14.8m)(19.6m)(23.5m)

Long-term Borrowings

(59.0m)(504.0m)(721.6m)(394.9m)(969.2m)

Dividends Paid

Cash From Financing Activities

(22.0m)(626.1m)(1.0b)(199.2m)(229.8m)

Net Change in Cash

(20.0m)(350.1m)(724.0m)(12.3m)(2.7m)

Interest Paid

12.0m11.6m

Income Taxes Paid

193.0m161.4m

Starz Ratios

USDY, 2010

Starz Employee Rating

3.4251 votes
Culture & Values
3.3
Work/Life Balance
3.6
Senior Management
3.3
Salary & Benefits
4
Career Opportunities
3.2
Source