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Broadridge Financial Solutions BR Mutual fund and exchange traded funds (“ETF”) interims — Revenue

Discontinued — last reported Q1 '21

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Other financials

Income statement

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Revenue$2.0B+7.8%
Gross profit$626.9M+8.9%
Operating income$359.5M+4.2%
Net income$276.3M+13.7%
EPS (diluted)$2.36+15.1%

Balance sheet

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Cash & equivalents$304.8M-3.9%
Total debt$3.4B-17.7%
Total equity$2.8B+18.3%
Total assets$8.8B+5.8%

Cash flow

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Operating cash flow$301.1M-16.5%
CapEx$13.6M+18.3%
Free cash flow$287.5M-17.6%

Valuation

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Market cap$15.91B-33.1%
Enterprise value$19.02B-31.4%
P/E14.5×-15.7×
P/S2.2×-1.3×

Profitability

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Gross margin31.3%+0.9pp
Operating margin17.1%+0.4pp
Net margin15%+3.4pp
FCF margin18%+1.0pp

Returns & leverage

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Return on equity42.3%+8.4pp
Debt / equity1.2×-0.5×
Current ratio0.9×-0.4×

Where this comes from

Reported directly by Broadridge Financial Solutions in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Broadridge Financial Solutions’s 10-Q, filed October 30, 2020, on SEC EDGAR. View the filing →

Questions, answered.

What does mutual fund and exchange traded funds (“ETF”) interims — revenue mean?
Revenue earned from processing and distributing mandatory interim reports and disclosures to mutual fund and ETF investors.
How do you interpret mutual fund and exchange traded funds (“ETF”) interims — revenue?
An increase suggests higher investor engagement, growth in assets under management, or increased regulatory reporting requirements, while a decrease may indicate lower market activity or a shift in communication delivery methods.
How does mutual fund and exchange traded funds (“ETF”) interims — revenue compare across companies?
Comparable to investor communication and regulatory reporting service fees at other financial technology or proxy service providers.