$REZI
RESIDEO TECHNOLOGIES, INC.

2019 Q2 Form 10-Q Financial Statement

#000156459019030038 Filed on August 07, 2019

View on sec.gov

Income Statement

Concept 2019 Q2 2018 Q2
Revenue $1.242B $1.196B
YoY Change 3.85% 9.12%
Cost Of Revenue $946.0M $850.0M
YoY Change 11.29% 7.87%
Gross Profit $323.0M $346.0M
YoY Change -6.65% 12.34%
Gross Profit Margin 26.01% 28.93%
Selling, General & Admin $254.0M $217.0M
YoY Change 17.05% -0.46%
% of Gross Profit 78.64% 62.72%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $20.00M $16.00M
YoY Change 25.0% -5.88%
% of Gross Profit 6.19% 4.62%
Operating Expenses $254.0M $217.0M
YoY Change 17.05% -19.33%
Operating Profit $42.00M $129.0M
YoY Change -67.44% 230.77%
Interest Expense $18.00M -$1.000M
YoY Change -1900.0%
% of Operating Profit 42.86% -0.78%
Other Income/Expense, Net $0.00 -$124.0M
YoY Change -100.0%
Pretax Income -$11.00M $5.000M
YoY Change -320.0% -87.18%
Income Tax $0.00 -$28.00M
% Of Pretax Income -560.0%
Net Earnings -$11.00M $33.00M
YoY Change -133.33% 106.25%
Net Earnings / Revenue -0.89% 2.76%
Basic Earnings Per Share -$0.09 $0.27
Diluted Earnings Per Share -$0.09 $0.27
COMMON SHARES
Basic Shares Outstanding 122.7M
Diluted Shares Outstanding 122.7M

Balance Sheet

Concept 2019 Q2 2018 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $142.0M $93.00M
YoY Change 52.69%
Cash & Equivalents $142.0M $93.00M
Short-Term Investments
Other Short-Term Assets $147.0M $74.00M
YoY Change 98.65%
Inventory $722.0M $523.0M
Prepaid Expenses
Receivables $835.0M $746.0M
Other Receivables $0.00 $20.00M
Total Short-Term Assets $1.846B $1.456B
YoY Change 26.79%
LONG-TERM ASSETS
Property, Plant & Equipment $304.0M $264.0M
YoY Change 15.15%
Goodwill $2.650B
YoY Change
Intangibles $127.0M
YoY Change
Long-Term Investments
YoY Change
Other Assets $233.0M $21.00M
YoY Change 1009.52%
Total Long-Term Assets $3.314B $3.051B
YoY Change 8.62%
TOTAL ASSETS
Total Short-Term Assets $1.846B $1.456B
Total Long-Term Assets $3.314B $3.051B
Total Assets $5.160B $4.507B
YoY Change 14.49%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.009B $774.0M
YoY Change 30.36%
Accrued Expenses $528.0M $395.0M
YoY Change 33.67%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $22.00M
YoY Change
Total Short-Term Liabilities $1.559B $1.233B
YoY Change 26.44%
LONG-TERM LIABILITIES
Long-Term Debt $1.169B $0.00
YoY Change
Other Long-Term Liabilities $258.0M $443.0M
YoY Change -41.76%
Total Long-Term Liabilities $1.427B $443.0M
YoY Change 222.12%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.559B $1.233B
Total Long-Term Liabilities $1.427B $443.0M
Total Liabilities $2.986B $2.027B
YoY Change 47.31%
SHAREHOLDERS EQUITY
Retained Earnings $39.00M
YoY Change
Common Stock $0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $2.000M
YoY Change
Treasury Stock Shares
Shareholders Equity $1.593B $2.480B
YoY Change
Total Liabilities & Shareholders Equity $5.160B $4.507B
YoY Change 14.49%

Cashflow Statement

Concept 2019 Q2 2018 Q2
OPERATING ACTIVITIES
Net Income -$11.00M $33.00M
YoY Change -133.33% 106.25%
Depreciation, Depletion And Amortization $20.00M $16.00M
YoY Change 25.0% -5.88%
Cash From Operating Activities -$27.00M $132.0M
YoY Change -120.45% 340.0%
INVESTING ACTIVITIES
Capital Expenditures -$23.00M -$7.000M
YoY Change 228.57% -12.5%
Acquisitions
YoY Change
Other Investing Activities -$11.00M -$1.000M
YoY Change 1000.0% 0.0%
Cash From Investing Activities -$34.00M -$8.000M
YoY Change 325.0% -11.11%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -8.000M -102.0M
YoY Change -92.16% 410.0%
NET CHANGE
Cash From Operating Activities -27.00M 132.0M
Cash From Investing Activities -34.00M -8.000M
Cash From Financing Activities -8.000M -102.0M
Net Change In Cash -69.00M 22.00M
YoY Change -413.64% 2100.0%
FREE CASH FLOW
Cash From Operating Activities -$27.00M $132.0M
Capital Expenditures -$23.00M -$7.000M
Free Cash Flow -$4.000M $139.0M
YoY Change -102.88% 265.79%

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