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Income Statement
Balance Sheet
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Op Efficiency
Credit Analysis

Topgolf Callaway Brands Corp. (ELY)

Income Statement Business | Product | Geographic | Customer

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-23Mar-31-23Dec-31-22Jun-30-22Mar-31-22Dec-31-21Sep-30-21Jun-30-21
   10-Q8-K8-K10-Q10-Q10-K10-Q10-Q
Revenues:  
    United States  886.7  800.5709.4483.2552.9642.8
    Japan      158.646.763.4115.1
    Other  293.0  315.2172.2181.9240.1155.7
Total revenues  1,179.71,167.4851.31,115.71,040.2711.7856.5913.6
            Revenue growth   [+]5.7%12.2%19.6%22.1%59.6%90.0%80.1%23.6%
Cost of goods sold  439.3442.05,654.4449.1450.8262.3328.4357.8
Gross profit  740.4725.4-4,803.1666.6589.4449.4528.0555.8
            Gross margin  62.8%62.1%-564.2%59.7%56.7%63.1%61.7%60.8%
Selling, general and administrative   [+]279.6268.51,220.8252.6243.1236.9217.7221.1
Research and development  22.022.897.418.717.519.215.820.3
Other operating expenses  322.8353.6-6,086.6266.3234.5247.9218.5207.1
EBITDA   [+]174.6136.6 177.8136.9-6.8120.4150.5
            EBITDA margin  14.8%11.7%-4.1%15.9%13.2%-0.9%14.1%16.5%
Depreciation  50.256.1 45.538.944.335.039.5
EBITA  124.480.5-34.7132.398.0-51.085.4111.0
            EBITA margin  10.5%6.9%-4.1%11.9%9.4%-7.2%10.0%12.1%
Amortization of intangibles  8.4  3.33.73.69.43.7
EBIT   [+]116.080.5-34.7129.094.3-54.776.0107.3
            EBIT margin  9.8%6.9%-4.1%11.6%9.1%-7.7%8.9%11.7%
Interest expense, net   [+]51.749.6185.332.531.439.928.728.9
Other income (expense), net   [+]7.3-10.1143.811.88.1-1.23.0-2.5
Pre-tax income  71.620.8-76.2108.371.0-95.750.275.9
Income taxes  -45.8-4.2-3.52.9-15.7-69.566.2-15.8
            Tax rate    4.6%2.7% 72.6%131.8% 
Net income  117.425.0-72.7105.486.7-26.2-16.091.7
            Net margin  10.0%2.1%-8.5%9.4%8.3%-3.7%-1.9%10.0%
   
Basic EPS   [+]$0.63$0.13($0.39)$0.57$0.47($0.16)($0.09)$0.50
Diluted EPS   [+]$0.58$0.12($0.36)$0.53$0.43($0.15)($0.09)$0.47
   
   
Shares outstanding (basic)   [+]185.2185.2184.9184.7185.1169.1186.0185.2
Shares outstanding (diluted)   [+]201.3201.5201.3200.6200.8176.9186.0194.3
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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