$MKTX
MARKETAXESS HOLDINGS INC

2016 Q4 Form 10-Q Financial Statement

#000156459016026433 Filed on October 28, 2016

View on sec.gov

Income Statement

Concept 2016 Q4 2015 Q3
Revenue $94.40M $74.20M
YoY Change 23.24% 15.58%
Cost Of Revenue $9.200M $7.100M
YoY Change 26.03% -10.13%
Gross Profit $85.30M $67.10M
YoY Change 22.91% 18.97%
Gross Profit Margin 90.36% 90.43%
Selling, General & Admin $30.60M $27.10M
YoY Change 10.47% 14.83%
% of Gross Profit 35.87% 40.39%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $4.300M $4.700M
YoY Change -6.52% 4.44%
% of Gross Profit 5.04% 7.0%
Operating Expenses $34.90M $31.70M
YoY Change 7.72% 12.81%
Operating Profit $50.40M $35.40M
YoY Change 36.22% 25.09%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $50.30M $35.40M
YoY Change 35.95% 25.09%
Income Tax $17.20M $12.60M
% Of Pretax Income 34.19% 35.59%
Net Earnings $33.20M $22.70M
YoY Change 35.51% 29.71%
Net Earnings / Revenue 35.17% 30.59%
Basic Earnings Per Share
Diluted Earnings Per Share $880.6K $603.7K
COMMON SHARES
Basic Shares Outstanding 37.58M
Diluted Shares Outstanding

Balance Sheet

Concept 2016 Q4 2015 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $362.6M $160.4M
YoY Change 27.5% 3.42%
Cash & Equivalents $168.2M $160.4M
Short-Term Investments $194.4M
Other Short-Term Assets $11.60M $7.200M
YoY Change 17.17% -18.18%
Inventory
Prepaid Expenses
Receivables $50.70M $49.30M
Other Receivables $0.00 $0.00
Total Short-Term Assets $230.5M $216.9M
YoY Change -7.84% 8.02%
LONG-TERM ASSETS
Property, Plant & Equipment $31.10M $31.00M
YoY Change 0.66% -5.49%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $194.4M $95.50M
YoY Change 129.52% 67.54%
Other Assets $8.600M $8.200M
YoY Change -6.52% 54.72%
Total Long-Term Assets $297.5M $199.4M
YoY Change 57.46% 23.01%
TOTAL ASSETS
Total Short-Term Assets $230.5M $216.9M
Total Long-Term Assets $297.5M $199.4M
Total Assets $528.0M $416.3M
YoY Change 20.26% 14.71%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $15.10M $13.40M
YoY Change 22.76% 18.58%
Accrued Expenses $34.80M $22.80M
YoY Change 18.77% 23.91%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $57.50M $40.60M
YoY Change 24.73% 21.56%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $2.500M $2.200M
YoY Change 8.7% -33.33%
Total Long-Term Liabilities $2.500M $2.200M
YoY Change 8.7% -33.33%
TOTAL LIABILITIES
Total Short-Term Liabilities $57.50M $40.60M
Total Long-Term Liabilities $2.500M $2.200M
Total Liabilities $60.00M $42.90M
YoY Change 24.15% 17.19%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $468.0M $373.5M
YoY Change
Total Liabilities & Shareholders Equity $528.0M $416.3M
YoY Change 20.26% 14.71%

Cashflow Statement

Concept 2016 Q4 2015 Q3
OPERATING ACTIVITIES
Net Income $33.20M $22.70M
YoY Change 35.51% 29.71%
Depreciation, Depletion And Amortization $4.300M $4.700M
YoY Change -6.52% 4.44%
Cash From Operating Activities $65.70M $35.70M
YoY Change 36.31% 10.87%
INVESTING ACTIVITIES
Capital Expenditures -$4.700M -$4.000M
YoY Change 11.9% 48.15%
Acquisitions
YoY Change
Other Investing Activities -$24.60M -$28.50M
YoY Change -353.61% -423.86%
Cash From Investing Activities -$29.30M -$32.60M
YoY Change -632.73% -643.33%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -27.90M -12.10M
YoY Change 92.41% -26.67%
NET CHANGE
Cash From Operating Activities 65.70M 35.70M
Cash From Investing Activities -29.30M -32.60M
Cash From Financing Activities -27.90M -12.10M
Net Change In Cash 8.500M -9.000M
YoY Change -78.32% -141.47%
FREE CASH FLOW
Cash From Operating Activities $65.70M $35.70M
Capital Expenditures -$4.700M -$4.000M
Free Cash Flow $70.40M $39.70M
YoY Change 34.35% 13.75%

Facts In Submission

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<div> <p style="text-align:justify;margin-bottom:0pt;margin-top:18pt;margin-left:2.26%;text-indent:0%;font-weight:bold;font-style:italic;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;">Use of Estimates </p> <p style="text-align:justify;margin-bottom:0pt;margin-top:6pt;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. </p></div>
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mktx Concentration Risk Number Of Customer
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mktx Concentration Risk Number Of Customer
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1300000
mktx Deferred Compensation Arrangement Trading Gain And Compensation Expense
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200000

Files In Submission

Name View Source Status
0001564590-16-026433-index-headers.html Edgar Link pending
0001564590-16-026433-index.html Edgar Link pending
0001564590-16-026433.txt Edgar Link pending
0001564590-16-026433-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
mktx-10q_20160930.htm Edgar Link pending
mktx-20160930.xml Edgar Link completed
mktx-20160930.xsd Edgar Link pending
mktx-20160930_cal.xml Edgar Link unprocessable
mktx-20160930_def.xml Edgar Link unprocessable
mktx-20160930_lab.xml Edgar Link unprocessable
mktx-20160930_pre.xml Edgar Link unprocessable
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