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

Cash

315.7m2.1b1.1b749.8m749.8m25.7m25.7m13.4m13.4m10.7m10.7m

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 Employee Rating

2.7217 votes
Culture & Values
2.5
Work/Life Balance
3.2
Senior Management
2.4
Salary & Benefits
3.5
Career Opportunities
2.4
Source