Webcast

Deutsche Bank's 28th Annual Media, Internet & Telecom Conference
Tuesday, March 10, 2020
4:20 PM ET

Financial Highlights

Financial Highlights
2019 FY
12/31/2019
2018 FY
12/31/2018
2017 FY
12/31/2017
2016 FY
12/31/2016
2015 FY
12/31/2015
Balance Sheet ($000)
Cash and Cash Equivalents 33,123 46,733 39,560 61,520 47,924
Current Assets 209,432 271,048 352,462 131,462 120,028
Net PP&E 123,479 64,939 60,337 55,368 57,874
Total Intangible Assets 315,827 351,488 348,650 283,902 287,438
Total Assets 656,200 690,409 766,139 517,921 524,962
Short-term and Current Long-term Debt 12,056 3,000 3,000 3,750 3,750
Current Liabilities 65,987 54,034 64,847 34,560 33,537
Non-current Long-term Debt 254,411 240,541 292,489 286,697 309,587
Total Liabilities 368,028 357,677 417,864 334,465 357,689
Equity Attributable to Parent Company 288,172 332,732 348,275 183,456 167,273
Total Equity 288,172 332,732 348,275 183,456 167,273
Total Capitalization, at Book Value 554,639 576,273 643,764 473,903 480,610
Income Statement ($000)
Operating Revenue, Net 273,575 297,815 536,034 258,514 254,134
Cost of Revenue 156,169 170,338 164,621 122,975 117,565
Reported Net Operating Income (1,653) 33,577 277,861 48,856 55,245
Recurring EBIT 18,492 31,430 277,639 48,856 55,245
Recurring EBITDA 35,140 47,703 294,050 64,198 71,234
Net Income before Taxes (11,554) 20,038 258,310 33,526 42,039
Net Income before Extra (19,712) 12,161 175,698 20,405 25,625
Net Income (19,712) 12,161 175,698 20,405 25,625
Net Income Attributable to Parent (19,712) 12,161 175,698 20,405 25,625
Cash Flow Statement Highlights ($000)
Cash Flow from Operating Activities 31,539 33,796 301,520 57,296 62,283
Cash Flow from Investing Activities 14,364 (159,546) (76,405) (9,553) (13,696)
Cash Flow from Financing Activities (59,440) (88,628) (24,795) (34,147) (31,923)
Recurring Levered Free Cash Flow (5,792) 12,813 267,654 39,859 44,539
Balance Sheet Ratios (%)
Debt/ Book Capitalization 48.04 42.26 45.90 61.29 65.20
Total Debt/ Total Equity(x) 0.92 0.73 0.85 1.58 1.87
Total Equity/ Total Assets 43.92 48.19 45.46 35.42 31.86
Debt plus Rdm Pfd/ Equity(x) 0.92 0.73 0.85 1.58 1.87
Long-term Debt/ Book Capital 45.87 41.74 45.43 60.50 64.42
Debt & Redeemable Preferred/ Book Capital 48.04 42.26 45.90 61.29 65.20
Net Debt and Preferred/ Recurring EBITDA(x) 6.71 4.24 0.82 4.12 4.01
Income and Cash Flow Statement Ratios (%)
Operating Revenue Growth (8.14) (44.44) 107.35 1.72 5
Recurring EBITDA Growth (26.34) (83.78) NM (9.88) (5.10)
Recurring Levered FCF Growth NM (95.21) 571.50 (10.51) (11.51)
Profitability Ratios (%)
ROAA (2.84) 1.64 27.37 3.89 4.81
ROAE (6.45) 3.60 66.09 11.79 16.52
ROACE (6.45) 3.60 66.09 11.79 16.52
Return on Invested Capital 2.65 4.50 49.53 10.01 11.11
Recurring EBITDA Margin 12.84 16.02 54.86 24.83 28.03
Recurring Levered FCF Margin (2.12) 4.30 49.93 15.42 17.53
Recurring Levered Free Cash Flow/ Recurring EBITDA NM 26.86 91.02 62.09 62.52
Liquidity Ratios (x)
Recurring EBITDA/ Interest Expense plus Pfd 2.57 3.03 17.60 4.15 5.46
Recurring Unlevered FCF/ Interest Expense 0.51 1.74 16.82 3.53 4.35
Cash Interest Coverage 3.30 3.15 19.05 4.70 5.77
Per Share Information ($)
Common Shares Outstanding(actual) 84,355,040 87,490,873 90,349,667 90,166,598 88,757,513
Avg Diluted Shares(actual) 85,107,301 90,328,583 91,891,957 91,303,056 90,295,185
Basic Book Value per Share 3.42 3.80 3.85 2.03 1.88
Basic EPS before Extra (0.23) 0.14 1.95 0.23 0.29
Basic EPS after Extra (0.23) 0.14 1.95 0.23 0.29
Diluted EPS before Extra (0.23) 0.13 1.91 0.22 0.28
Diluted EPS after Extraordinary (0.23) 0.13 1.91 0.22 0.28
Recurring Levered FCF per Share (0.07) 0.14 2.91 0.43 0.49
Data shown on this page is extracted directly from the company’s documents. S&P makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, S&P, as always, stands by its commitment to the quality of the data.