2024 Q1 Form 10-Q Financial Statement

#000174879024000006 Filed on February 07, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4
Revenue $3.411B $3.251B
YoY Change -6.98% -10.74%
Cost Of Revenue $2.719B $2.630B
YoY Change -9.19% -11.74%
Gross Profit $692.0M $621.0M
YoY Change 2.82% -6.19%
Gross Profit Margin 20.29% 19.1%
Selling, General & Admin $330.0M $299.0M
YoY Change 4.1% 0.34%
% of Gross Profit 47.69% 48.15%
Research & Development $25.00M $28.00M
YoY Change -7.41% 16.67%
% of Gross Profit 3.61% 4.51%
Depreciation & Amortization $153.0M $146.0M
YoY Change 6.25% 9.77%
% of Gross Profit 22.11% 23.51%
Operating Expenses $355.0M $327.0M
YoY Change 3.2% 1.55%
Operating Profit $337.0M $242.0M
YoY Change 19.5% -56.71%
Interest Expense -$79.00M $89.00M
YoY Change -191.86% 12.66%
% of Operating Profit -23.44% 36.78%
Other Income/Expense, Net $2.000M $1.000M
YoY Change 0.0% -66.67%
Pretax Income $230.0M $165.0M
YoY Change 7.98% -66.6%
Income Tax $40.00M $28.00M
% Of Pretax Income 17.39% 16.97%
Net Earnings $187.0M $134.0M
YoY Change 5.65% -70.81%
Net Earnings / Revenue 5.48% 4.12%
Basic Earnings Per Share $0.13 $0.09
Diluted Earnings Per Share $0.13 $0.09
COMMON SHARES
Basic Shares Outstanding 1.445B shares 1.445B shares
Diluted Shares Outstanding 1.440B shares 1.440B shares

Balance Sheet

Concept 2024 Q1 2023 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $457.0M $430.0M
YoY Change -18.97% -48.63%
Cash & Equivalents $457.0M $430.0M
Short-Term Investments
Other Short-Term Assets $552.0M $559.0M
YoY Change -3.16% 2.57%
Inventory $2.085B $2.150B
Prepaid Expenses
Receivables $1.935B $1.820B
Other Receivables $0.00 $0.00
Total Short-Term Assets $5.029B $4.959B
YoY Change -10.0% -15.42%
LONG-TERM ASSETS
Property, Plant & Equipment $4.313B $4.377B
YoY Change 15.29% 18.71%
Goodwill $5.360B $5.388B
YoY Change 0.41% 2.03%
Intangibles $1.431B $1.474B
YoY Change -7.56% -6.53%
Long-Term Investments
YoY Change
Other Assets $527.0M $331.0M
YoY Change 75.67% 8.88%
Total Long-Term Assets $11.63B $11.77B
YoY Change -0.5% 1.34%
TOTAL ASSETS
Total Short-Term Assets $5.029B $4.959B
Total Long-Term Assets $11.63B $11.77B
Total Assets $16.66B $16.73B
YoY Change -3.58% -4.28%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.195B $2.338B
YoY Change -13.17% -16.05%
Accrued Expenses $338.0M $319.0M
YoY Change -5.85% -7.27%
Deferred Revenue
YoY Change
Short-Term Debt $119.0M $46.00M
YoY Change -39.29% -4.17%
Long-Term Debt Due $12.00M $12.00M
YoY Change -7.69% -14.29%
Total Short-Term Liabilities $3.913B $3.970B
YoY Change -11.23% -9.63%
LONG-TERM LIABILITIES
Long-Term Debt $7.055B $7.011B
YoY Change 3.69% 2.5%
Other Long-Term Liabilities $1.084B $408.0M
YoY Change 141.43% -16.39%
Total Long-Term Liabilities $8.139B $8.730B
YoY Change -4.94% 0.68%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.913B $3.970B
Total Long-Term Liabilities $8.139B $8.730B
Total Liabilities $12.72B $12.70B
YoY Change -1.96% -2.79%
SHAREHOLDERS EQUITY
Retained Earnings $802.0M $795.0M
YoY Change -7.07% -8.2%
Common Stock $4.021B $4.007B
YoY Change -5.52% -9.06%
Preferred Stock
YoY Change
Treasury Stock (at cost) $11.00M $11.00M
YoY Change -21.43% -38.89%
Treasury Stock Shares
Shareholders Equity $3.944B $3.964B
YoY Change
Total Liabilities & Shareholders Equity $16.66B $16.73B
YoY Change -3.58% -4.28%

Cashflow Statement

Concept 2024 Q1 2023 Q4
OPERATING ACTIVITIES
Net Income $187.0M $134.0M
YoY Change 5.65% -70.81%
Depreciation, Depletion And Amortization $153.0M $146.0M
YoY Change 6.25% 9.77%
Cash From Operating Activities $150.0M $363.0M
YoY Change -18.48% -5.47%
INVESTING ACTIVITIES
Capital Expenditures $113.0M $121.0M
YoY Change -14.39% 23.47%
Acquisitions
YoY Change
Other Investing Activities $0.00 $7.000M
YoY Change -100.0% -98.07%
Cash From Investing Activities -$113.0M -$114.0M
YoY Change -34.68% -143.18%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -15.00M -332.0M
YoY Change -94.68% -20.19%
NET CHANGE
Cash From Operating Activities 150.0M 363.0M
Cash From Investing Activities -113.0M -114.0M
Cash From Financing Activities -15.00M -332.0M
Net Change In Cash 22.00M -83.00M
YoY Change -108.12% -135.78%
FREE CASH FLOW
Cash From Operating Activities $150.0M $363.0M
Capital Expenditures $113.0M $121.0M
Free Cash Flow $37.00M $242.0M
YoY Change -28.85% -15.38%

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CY2022Q4 amcr Amortizationof Acquired Intangible Assetsin Business Combinations
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amcr Amortizationof Acquired Intangible Assetsin Business Combinations
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amcr Amortizationof Acquired Intangible Assetsin Business Combinations
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CY2023Q4 amcr Impactof Hyperinflation
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CY2022Q4 amcr Impactof Hyperinflation
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amcr Impactof Hyperinflation
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amcr Impactof Hyperinflation
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CY2023Q4 amcr Distributedand Undistributed Earnings Attributableto Sharestobe Repurchased
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CY2022Q4 amcr Distributedand Undistributed Earnings Attributableto Sharestobe Repurchased
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amcr Distributedand Undistributed Earnings Attributableto Sharestobe Repurchased
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CY2023Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
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us-gaap Net Income Loss Available To Common Stockholders Basic
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us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2023Q4 us-gaap Weighted Average Number Of Shares Issued Basic
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us-gaap Weighted Average Number Of Shares Issued Basic
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CY2023Q4 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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us-gaap Earnings Per Share Diluted
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us-gaap Earnings Per Share Diluted
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CY2023Q4 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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CY2022Q4 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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CY2023Q4 us-gaap Loss Contingency Accrual At Carrying Value
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CY2023Q4 us-gaap Loss Contingency Estimate Of Possible Loss
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CY2023Q4 amcr Loss Contingency Judicial Insurance
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CY2023Q4 amcr Loss Contingency Cash Deposited
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CY2023Q4 us-gaap Accrual For Environmental Loss Contingencies Component Amount
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ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
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ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
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ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
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ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
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Files In Submission

Name View Source Status
amcr-20231231_pre.xml Edgar Link unprocessable
amcr-20231231_def.xml Edgar Link unprocessable
amcr-20231231_lab.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
0001748790-24-000006-index-headers.html Edgar Link pending
0001748790-24-000006-index.html Edgar Link pending
0001748790-24-000006.txt Edgar Link pending
0001748790-24-000006-xbrl.zip Edgar Link pending
amcr-20231231.htm Edgar Link pending
amcr-20231231.xsd Edgar Link pending
amcr-20231231_cal.xml Edgar Link unprocessable
amcr-20231231_g1.jpg Edgar Link pending
exhibit22q22024.htm Edgar Link pending
exhibit311q22024.htm Edgar Link pending
exhibit312q22024.htm Edgar Link pending
exhibit32q22024.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
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amcr-20231231_htm.xml Edgar Link completed
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report.css Edgar Link pending
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