Phoenix New Media Ltd FENG
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No price or market cap here: this company files no 10-K, so the only share count SEC publishes for it counts its ordinary shares in its home market, while its US listing is a depositary receipt standing for some number of them. That number is in no filing, so a price multiplied by that count is not this company's value and is not shown. The financial statements below are as filed.
Valuation FY2020 figures against the last close
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Dividend yield—
Diluted EPS—
Annual financial statements
Income statement
| Fiscal year | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $185.3M | $219.9M | $200.3M | $242.1M | $208.1M | $248.4M | $264.0M | $235.3M | $178.3M | $151.0M |
| Cost of revenue | $85.7M | $110.4M | $86.8M | $111.8M | $104.7M | $128.0M | $126.0M | $115.0M | $101.3M | $88.1M |
| Gross profit | $99.5M | $109.6M | $113.6M | $130.3M | $103.4M | $120.4M | $138.0M | $120.3M | $77.0M | $62.9M |
| R&D | $26.4M | $34.9M | $29.8M | $29.6M | $23.3M | $26.4M | $24.2M | $18.0M | $14.7M | $11.0M |
| SG&A | $42.6M | $39.0M | $23.6M | $22.6M | $26.2M | $28.4M | $22.2M | $16.2M | $17.1M | $12.2M |
| Total operating expenses | $115.3M | $153.4M | $131.6M | $128.0M | $98.3M | $108.2M | $99.7M | $79.3M | $63.4M | $49.3M |
| Operating income | -$15.7M | -$43.9M | -$18.0M | $2.3M | $5.1M | $12.2M | $38.3M | $41.0M | $13.6M | $13.6M |
| Interest expense | — | $731.0K | $2.0M | $3.4M | $1.0M | — | — | — | — | — |
| Pre-tax income | $68.4M | $106.9M | -$6.6M | $7.6M | $13.3M | $15.1M | $50.0M | $52.1M | $20.0M | $18.7M |
| Income tax | $2.9M | $2.9M | $2.9M | $2.3M | $2.0M | $3.9M | $7.8M | $6.2M | $2.7M | $2.4M |
| Net income | $56.0M | $104.0M | -$9.5M | $5.3M | $11.6M | $11.4M | $42.4M | $46.2M | $17.2M | $16.3M |
| EPS, basic | — | — | — | — | — | — | — | — | — | -0.21 |
| EPS, diluted | — | — | — | — | — | — | — | — | — | -0.21 |
| Shares, diluted (wtd. avg.) | — | — | — | — | — | — | — | — | — | $519.2M |
Balance sheet
| Fiscal year | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $54.8M | $47.6M | $25.0M | $101.7M | $85.7M | $44.7M | $198.5M | $136.2M | $151.3M | $63.7M |
| Receivables | $103.5M | $91.7M | $70.4M | $70.5M | $58.3M | $78.2M | $79.5M | $58.4M | $45.1M | $32.1M |
| Total current assets | $370.9M | $367.2M | $293.9M | $344.8M | $305.7M | $298.1M | $332.5M | $320.6M | $249.8M | $239.3M |
| Property, plant and equipment | $9.6M | $14.6M | $13.9M | $9.9M | $10.4M | $12.4M | $14.5M | $15.7M | $16.5M | $6.5M |
| Goodwill | — | $51.9M | $49.2M | — | — | — | — | — | — | — |
| Other intangibles | $1.9M | $14.3M | $14.2M | $1.0M | $1.4M | $1.9M | $2.4M | $1.3M | $1.5M | $860.0K |
| Total assets | $424.9M | $765.0M | $673.5M | $553.2M | $456.4M | $396.3M | $375.0M | $339.8M | $269.8M | $248.6M |
| Accounts payable | $33.9M | $37.3M | $38.5M | $40.4M | $37.6M | $44.6M | $43.8M | $36.1M | $24.8M | $19.2M |
| Total current liabilities | $162.8M | $216.2M | $156.1M | $164.8M | $141.6M | $114.7M | $95.4M | $77.6M | $49.2M | $40.1M |
| Total liabilities | $169.9M | $255.8M | $180.4M | $168.8M | $144.9M | $117.7M | $98.3M | $79.6M | $50.5M | $40.9M |
| Retained earnings | -$13.5M | $26.8M | $23.2M | $35.2M | $28.1M | $18.8M | $8.5M | -$32.1M | -$73.2M | -$88.3M |
| Total equity | $250.7M | $478.6M | $447.9M | $385.4M | $311.9M | $278.7M | $276.7M | $259.5M | $219.3M | $207.6M |
Cash flow
| Fiscal year | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$15.8M | -$47.4M | -$11.2M | $26.6M | $29.3M | $34.1M | $44.1M | $57.5M | $17.6M | $10.3M |
| Depreciation and amortisation | $6.0M | $11.1M | $4.7M | $5.5M | $6.0M | $7.0M | $5.9M | $5.2M | $3.4M | — |
| Stock-based compensation | $1.4M | $2.9M | $2.0M | $3.2M | $273.0K | $5.3M | $8.6M | $2.8M | $1.1M | $10.5M |
| Capital expenditure | $1.9M | $12.0M | $8.1M | $4.3M | $4.2M | $6.7M | $5.7M | $4.8M | $12.8M | $5.3M |
| Investing cash flow | $114.4M | $209.8M | -$16.7M | -$983.0K | -$78.2M | -$194.0M | $63.4M | $18.4M | $75.6M | -$127.6M |
| Financing cash flow | -$98.0M | -$160.1M | -$11.0M | -$2.5M | $31.3M | $9.9M | -$36.1M | -$10.7M | -$9.6M | $137.1M |
| Dividends paid | $98.9M | $101.0M | — | — | — | — | — | — | — | — |
| Buybacks | — | — | — | — | $0 | $10.3M | $39.1M | $10.8M | $8.5M | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000950170-24-047904.
Others in SIC 4833
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| NMAX | Newsmax Inc. | $1.37B | — | 10.7% |
| SBGI | Sinclair, Inc. | $996.5M | — | -10.7% |
| EVC | ENTRAVISION COMMUNICATIONS CORP | $775.6M | — | 22.6% |
| GTN | GRAY MEDIA, INC | $485.1M | — | -15.1% |
| SSP | E.W. SCRIPPS Co | $303.9M | — | -14.3% |