Sonos Results Presentation Deck
Significant Cash Flow and Strong Balance Sheet
Cash flow from operations
Capital expenditures
% of revenue
Free cash flow
Free Cash Flow / Adj EBITDA
Ending cash & cash equivalents
Long-term debt
FY20
$162.0
$33.0
2.5%
$129.0
119%
$407.3
$18.3
FY19
$120.6
$23.2
1.8%
$97.4
110%
$338.8
$24.8
Y/Y
Change
34.3%
42.3%
32.4%
20.2%
(26.5)%
ā
Cash flow from operations of
$162.0M vs $120.6M LY
Free cash flow of $129.0M, +32% from LY
Free cash flow / adjusted EBITDA 119%
Capex of $33.0M, 2.5% of revenue,
largely driven by investments in
manufacturing and new products
Cash and cash equivalents
of $407.3M
Long-term debt of $18.3M
Completed $50M stock repurchase
program in September 2020; Board
authorizes new $50M program in
November 2020
Note: $ in millions, unaudited.
See appendix for reconciliation of GAAP to non-GAAP measures. Percentages have been calculated using actual, non-rounded figures and, therefore, may not recalculate precisely.View entire presentation