4th Quarter and Full Fiscal Year 2020 Financial Results
3
Strong Q4 and FY20 against challenging backdrop
Q4 FY20 VS. Q4 FY19
■ Record bookings up 15%
■ Record backlog up 33%
■ Record revenue up 23%
Organic revenue (¹) up 17%
■ Record GAAP net income up 113%
■ Record adjusted EBITDA up 31%
Op cash of $28.7M; up 11%
▪ FCF of $17.2M; 35% adj. EBITDA
■
■
© Mercury Systems, Inc.
FY20 VS. FY19
■ Record bookings up 22%
▪ Record backlog up 33%
■ Record revenue up 22%
Organic revenue (¹) up 14%
■ Record GAAP net income up 83%
▪ Record adjusted EBITDA up 21%
Record Op cash of $115.2M; up 18%
▪ FCF of $71.9M; 41% adj. EBITDA
■
■
Notes
(1) Organic revenue represents total
company revenue excluding net
revenue from acquisitions for the
first four full quarters since the
entities' acquisition date (which
excludes any intercompany
transactions). After the completion
of four fiscal quarters, acquired
businesses are treated as organic
for current and comparable
historical periods.View entire presentation