2021 Q1 Form 10-Q Financial Statement

#000142368921000037 Filed on May 07, 2021

View on sec.gov

Income Statement

Concept 2021 Q1 2020 Q1
Revenue $1.028B -$1.972B
YoY Change -152.13% -339.03%
Cost Of Revenue $29.00M $426.0M
YoY Change -93.19% -21.26%
Gross Profit $999.0M -$2.398B
YoY Change -141.66% -944.37%
Gross Profit Margin 97.18%
Selling, General & Admin $16.00M $13.00M
YoY Change 23.08% 30.0%
% of Gross Profit 1.6%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $24.00M $23.00M
YoY Change 4.35% 21.05%
Operating Profit $975.0M -$2.421B
YoY Change -140.27% -1013.58%
Interest Expense $29.00M $426.0M
YoY Change -93.19% -21.26%
% of Operating Profit 2.97%
Other Income/Expense, Net $471.0M -$2.463B
YoY Change -119.12%
Pretax Income $975.0M -$2.421B
YoY Change -140.27% -1013.58%
Income Tax
% Of Pretax Income
Net Earnings $975.0M -$2.421B
YoY Change -140.27% -1013.58%
Net Earnings / Revenue 94.84%
Basic Earnings Per Share $1.78 -$4.46
Diluted Earnings Per Share $1.77 -$4.46
COMMON SHARES
Basic Shares Outstanding 533.7M shares 548.0M shares
Diluted Shares Outstanding 535.6M shares 548.0M shares

Balance Sheet

Concept 2021 Q1 2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $963.0M $1.289B
YoY Change -25.29% 38.75%
Cash & Equivalents $963.0M $1.289B
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $50.00M $0.00
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.013B $1.289B
YoY Change -21.41% -5.77%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $82.30B $80.44B
YoY Change 2.32% -30.55%
Other Assets $813.0M $1.978B
YoY Change -58.9% 282.59%
Total Long-Term Assets $84.53B $83.85B
YoY Change 0.82% -28.6%
TOTAL ASSETS
Total Short-Term Assets $1.013B $1.289B
Total Long-Term Assets $84.53B $83.85B
Total Assets $85.55B $85.14B
YoY Change 0.48% -28.34%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $681.0M $175.0M
YoY Change 289.14% -77.99%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $55.06B $66.54B
YoY Change -17.26% -23.24%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $58.34B $70.10B
YoY Change -16.78% -20.98%
LONG-TERM LIABILITIES
Long-Term Debt $165.0M $214.0M
YoY Change -22.9% -19.55%
Other Long-Term Liabilities $15.68B $5.024B
YoY Change 212.08% -74.01%
Total Long-Term Liabilities $15.84B $5.238B
YoY Change 202.48% -73.27%
TOTAL LIABILITIES
Total Short-Term Liabilities $58.34B $70.10B
Total Long-Term Liabilities $15.84B $5.238B
Total Liabilities $74.18B $75.34B
YoY Change -1.54% -30.44%
SHAREHOLDERS EQUITY
Retained Earnings -$4.348B -$6.592B
YoY Change -34.04% 90.14%
Common Stock $5.000M $6.000M
YoY Change -16.67% 20.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $11.36B $9.798B
YoY Change
Total Liabilities & Shareholders Equity $85.55B $85.14B
YoY Change 0.48% -28.34%

Cashflow Statement

Concept 2021 Q1 2020 Q1
OPERATING ACTIVITIES
Net Income $975.0M -$2.421B
YoY Change -140.27% -1013.58%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $427.0M $347.0M
YoY Change 23.05% 5.47%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$3.196B $23.58B
YoY Change -113.56%
Cash From Investing Activities -$3.195B $23.58B
YoY Change -113.55% -308.89%
FINANCING ACTIVITIES
Cash Dividend Paid $219.0M $277.0M
YoY Change -20.94% -7.05%
Common Stock Issuance & Retirement, Net $239.0M -$439.0M
YoY Change -154.44%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $2.220B -$21.94B
YoY Change -110.12% -301.57%
NET CHANGE
Cash From Operating Activities $427.0M $347.0M
Cash From Investing Activities -$3.195B $23.58B
Cash From Financing Activities $2.220B -$21.94B
Net Change In Cash -$548.0M $1.985B
YoY Change -127.61% -2782.43%
FREE CASH FLOW
Cash From Operating Activities $427.0M $347.0M
Capital Expenditures
Free Cash Flow
YoY Change

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CY2021Q1 agnc Interest Rate Swaps Linkedto Overnight Index Swap Rate
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CY2021Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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CY2020Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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CY2021Q1 us-gaap Earnings Per Share Diluted
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CY2021Q1 us-gaap Preferred Stock Shares Authorized
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CY2021Q1 agnc Preferred Stock C Liquidation Preference Value
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CY2021Q1 agnc Preferred Stock D Value Issued
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CY2019Q4 agnc Preferred Stock E Value Issued
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CY2020Q1 agnc Preferred Stock F Value Issued
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CY2021Q1 us-gaap Preferred Stock Value
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CY2021Q1 us-gaap Preferred Stock Liquidation Preference Value
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CY2020Q4 us-gaap Stock Repurchase Program Authorized Amount1
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CY2021Q1 us-gaap Stock Repurchased During Period Shares
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CY2021Q1 us-gaap Stock Repurchased During Period Value
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CY2021Q1 agnc Stock Repurchased During Period Average Repurchase Priceindollarspershare
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CY2021Q1 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
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700000000 USD

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