Cash flow Take-Two Interactive Software, Inc.

Equities

TTWO

US8740541094

Software

Market Closed - Nasdaq Other stock markets 16:00:00 2025-05-16 EDT			5-day change	1st Jan Change
226.74 ^USD	-2.41%		+0.08%	+23.17%

05-16	Sector Update: Tech Stocks Higher Late Afternoon	MT
05-16	Sector Update: Tech Stocks Mixed Friday Afternoon	MT

69b4d40f000510d317986fcd0481bc0b._yYioPhYNhMIir-gcTsVJdVA3Ab8GxN167kGcx4RKiQ.k0NW170LZid7zP3oOWsjXexxjzabeCQFhN9pMjNdUBeGTWnWiQlRVDnmzA

Published financial data: TAKE-TWO INTERACTIVE SOFTWARE, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2020	2021	2022	2023	2024
Revenues	3.09B	3.37B	3.5B	5.35B	5.35B
Total Revenues	3.09B	3.37B	3.5B	5.35B	5.35B
Cost of Goods Sold, Total	1.54B	1.5B	1.46B	2.52B	2.42B
Gross Profit	1.55B	1.88B	2.04B	2.83B	2.93B
Selling General & Admin Expenses, Total	777M	833M	974M	2.26B	2.28B
R&D Expenses	296M	317M	407M	878M	948M
Depreciation & Amortization - (IS)	48.11M	55.6M	61.1M	122M	171M
Other Operating Expenses, Total	1.12B	1.21B	1.44B	3.26B	3.4B
Operating Income	425M	671M	598M	-430M	-470M
Interest Expense, Total	-2.64M	-6.21M	-18.63M	-130M	-148M
Interest And Investment Income	47.34M	18.7M	17.62M	33.8M	62.3M
Net Interest Expenses	44.7M	12.49M	-1.01M	-95.8M	-85.2M
Currency Exchange Gains (Loss)	-3.59M	727K	-7.29M	-31.8M	-28.6M
Other Non Operating Income (Expenses)	-2.61M	-4.42M	-5.92M	-14.3M	-6.1M
EBT, Excl. Unusual Items	464M	680M	584M	-572M	-589M
Restructuring Charges	-83K	272K	-849K	-	-105M
Merger & Related Restructuring Charges	-	-2.55M	-5.1M	-165M	-
Impairment of Goodwill	-	-	-	-	-2.34B
Gain (Loss) On Sale Of Investments	-5.33M	39.64M	6.02M	-31M	-
Asset Writedown	-	-39.07M	-70.61M	-544M	-687M
Other Unusual Items	-	-	-48M	-26.5M	20.6M
EBT, Incl. Unusual Items	458M	678M	465M	-1.34B	-3.7B
Income Tax Expense	53.98M	88.93M	47.38M	-213M	41.4M
Earnings From Continuing Operations	404M	589M	418M	-1.12B	-3.74B
Net Income to Company	404M	589M	418M	-1.12B	-3.74B
Net Income - (IS)	404M	589M	418M	-1.12B	-3.74B
Preferred Dividend and Other Adjustments	-	-	-	-	-
Net Income to Common Incl Extra Items	404M	589M	418M	-1.12B	-3.74B
Net Income to Common Excl. Extra Items	404M	589M	418M	-1.12B	-3.74B
Per Share Items
Net EPS - Basic	3.58	5.14	3.62	-7.03	-22.01
Basic EPS - Continuing Operations	3.58	5.14	3.62	-7.03	-22.01
Basic Weighted Average Shares Outstanding	113M	115M	115M	160M	170M
Net EPS - Diluted	3.54	5.09	3.58	-7.03	-22.01
Diluted EPS - Continuing Operations	3.54	5.09	3.58	-7.03	-22.01
Diluted Weighted Average Shares Outstanding	114M	116M	117M	160M	170M
Normalized Basic EPS	2.56	3.71	3.16	-2.23	-2.17
Normalized Diluted EPS	2.54	3.67	3.13	-2.23	-2.17
American Depositary Receipts Ratio (ADR)	0.25	0.25	0.25	0.25	0.25
Supplemental Items
EBITDA	494M	759M	724M	1.17B	508M
EBITA	446M	703M	663M	1.08B	372M
EBIT	425M	671M	598M	-430M	-470M
EBITDAR	526M	798M	772M	1.28B	593M
Total Revenues (As Reported)	-	-	-	5.35B	5.35B
Effective Tax Rate - (Ratio)	11.77	13.12	10.18	15.95	-1.12
Current Domestic Taxes	30.14M	24.45M	11.42M	73.5M	35.4M
Current Foreign Taxes	10.06M	27.33M	24.06M	98M	108M
Total Current Taxes	40.2M	51.78M	35.48M	172M	143M
Deferred Domestic Taxes	46.4M	44.71M	37.69M	-207M	2M
Deferred Foreign Taxes	-32.61M	-7.56M	-25.79M	-178M	-104M
Total Deferred Taxes	13.78M	37.15M	11.9M	-385M	-102M
Normalized Net Income	290M	425M	365M	-357M	-368M
Interest on Long-Term Debt	275K	355K	450K	-	-
Supplemental Operating Expense Items
Advertising Expense	-	-	-	-	-
Marketing Expenses	286M	241M	297M	1.21B	1.13B
Selling and Marketing Expenses	458M	445M	516M	1.58B	1.55B
General and Administrative Expenses	318M	388M	410M	560M	644M
Research And Development Expense From Footnotes	296M	317M	407M	892M	948M
Net Rental Expense, Total	32.15M	38.45M	47.67M	114M	85.4M
Imputed Operating Lease Interest Expense	-	10.36M	32.18M	63.2M	28.71M
Imputed Operating Lease Depreciation	-	28.09M	15.49M	50.7M	56.69M
Stock-Based Comp., COGS (Total)	154M	8.71M	48.38M	-9.5M	24.4M
Stock-Based Comp., R&D Exp. (Total)	31.56M	26.59M	38.12M	117M	104M
Stock-Based Comp., S&M Exp. (Total)	18.68M	18.35M	30.03M	95.2M	95.3M
Stock-Based Comp., G&A Exp. (Total)	53.61M	56.83M	66.44M	116M	112M
Stock-Based Comp., Other (Total)	-	-	-	-	-
Total Stock-Based Compensation	258M	110M	183M	318M	336M

Fiscal Period: March	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	1.36B	1.42B	1.73B	827M	754M
Short Term Investments	644M	1.31B	820M	187M	22M
Total Cash And Short Term Investments	2B	2.73B	2.55B	1.01B	776M
Accounts Receivable, Total	674M	658M	684M	843M	765M
Other Receivables	-	-	-	-	198M
Total Receivables	674M	658M	684M	843M	963M
Inventory	19.11M	17.74M	13.22M	-	-
Prepaid Expenses	181M	215M	168M	277M	180M
Restricted Cash	547M	539M	360M	308M	252M
Other Current Assets, Total	71.19M	58.97M	93.77M	65.9M	88.3M
Total Current Assets	3.49B	4.22B	3.87B	2.51B	2.26B
Gross Property Plant And Equipment	484M	551M	723M	1B	1.1B
Accumulated Depreciation	-198M	-237M	-264M	-315M	-366M
Net Property Plant And Equipment	286M	314M	459M	686M	737M
Long-term Investments	2.76M	27.58M	36.13M	34.5M	34.8M
Goodwill	386M	535M	675M	6.77B	4.43B
Other Intangibles, Total	453M	612M	1.02B	5.53B	4.51B
Deferred Tax Assets Long-Term	117M	90.21M	73.8M	44.8M	1.9M
Deferred Charges Long-Term	-	-	-	-	700K
Other Long-Term Assets, Total	210M	228M	409M	297M	250M
Total Assets	4.95B	6.03B	6.55B	15.86B	12.22B
Liabilities
Accounts Payable, Total	65.68M	71M	126M	140M	196M
Accrued Expenses, Total	945M	970M	780M	864M	800M
Short-term Borrowings	-	-	-	1.35B	24.6M
Current Portion of Leases	25.19M	31.6M	38.92M	60.2M	63.8M
Current Income Taxes Payable	-	-	-	33M	32.4M
Unearned Revenue Current, Total	778M	928M	865M	1.08B	1.06B
Other Current Liabilities	225M	234M	295M	328M	230M
Total Current Liabilities	2.04B	2.23B	2.1B	3.85B	2.41B
Long-Term Debt	-	-	-	1.73B	3.06B
Long-Term Leases	152M	160M	211M	347M	387M
Unearned Revenue Non Current	28.34M	37.3M	70.91M	35.5M	42.9M
Deferred Tax Liability Non Current	-	3.46M	21.79M	534M	341M
Other Non Current Liabilities	191M	261M	328M	318M	313M
Total Liabilities	2.41B	2.7B	2.74B	6.82B	6.55B
Common Stock, Total	1.36M	1.38M	1.39M	1.9M	1.9M
Additional Paid In Capital	2.13B	2.29B	2.6B	9.01B	9.37B
Retained Earnings	1.28B	1.87B	2.29B	1.16B	-2.58B
Treasury Stock	-821M	-821M	-1.02B	-1.02B	-1.02B
Comprehensive Income and Other	-58.38M	-8.66M	-57.34M	-113M	-105M
Total Common Equity	2.54B	3.33B	3.81B	9.04B	5.67B
Total Equity	2.54B	3.33B	3.81B	9.04B	5.67B
Total Liabilities And Equity	4.95B	6.03B	6.55B	15.86B	12.22B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	119M	116M	116M	169M	171M
ECS Total Common Shares Outstanding	114M	115M	115M	169M	171M
Book Value / Share	22.37	28.93	33.02	53.54	33.18
Tangible Book Value	1.7B	2.18B	2.11B	-3.25B	-3.27B
Tangible Book Value Per Share	14.97	18.97	18.31	-19.24	-19.12
Total Debt	177M	191M	250M	3.49B	3.53B
Net Debt	-1.82B	-2.54B	-2.3B	2.47B	2.76B
Debt Equivalent Oper. Leases	257M	308M	381M	911M	683M
Account Code - Inventory Valuation	6	6	6	3	3
Inventories - Raw Materials, Total	1.12M	801K	1.83M	-	-
Inventories - Finished Goods, Total	17.98M	16.94M	11.4M	-	-
Buildings, Total	-	857K	66.08M	62.1M	63.7M
Machinery, Total	157M	187M	215M	318M	354M
Full Time Employees	5.8K	6.5K	7.8K	11.58K	12.37K
Accumulated Allowance for Doubtful Accounts (Supple)	443K	350K	350K	1.3M	1.2M

Fiscal Period: March	2020	2021	2022	2023	2024
Net Income	404M	589M	418M	-1.12B	-3.74B
Depreciation & Amortization - CF	47.63M	56.31M	61.2M	90.3M	136M
Amortization of Goodwill and Intangible Assets - (CF)	20.99M	32.24M	64.82M	1.51B	842M
Depreciation & Amortization, Total	68.62M	88.55M	126M	1.6B	977M
Amortization of Deferred Charges, Total - (CF)	168M	105M	89.19M	194M	207M
(Gain) Loss on Sale of Investments - (CF)	5.33M	-41.59M	-6.02M	-	-
Asset Writedown & Restructuring Costs	-	39.07M	141M	111M	3.04B
Stock-Based Compensation (CF)	258M	110M	183M	327M	311M
Other Operating Activities, Total	255K	16.15M	58.86M	-247M	81.8M
Change In Accounts Receivable	-195M	47.2M	-17.86M	107M	83.7M
Change In Inventories	8.49M	2.5M	4.11M	-	-
Change In Accounts Payable	300M	78.67M	-45.6M	-405M	-201M
Change in Unearned Revenues	-55.46M	152M	-30.95M	-142M	-11.8M
Change in Other Net Operating Assets	-276M	-275M	-662M	-416M	-758M
Cash from Operations	686M	912M	258M	1.1M	-16.1M
Capital Expenditure	-53.38M	-68.92M	-159M	-204M	-142M
Cash Acquisitions	-12.04M	-102M	-161M	-3.31B	-18.1M
Investment in Marketable and Equity Securities, Total	69.47M	-635M	458M	647M	148M
Other Investing Activities, Total	-	-	822K	-8.1M	-16.6M
Cash from Investing	4.05M	-807M	139M	-2.88B	-28.2M
Long-Term Debt Issued, Total	-	-	-	3.25B	1.35B
Total Debt Issued	-	-	-	3.25B	1.35B
Long-Term Debt Repaid, Total	-	-	-	-1.37B	-1.34B
Total Debt Repaid	-	-	-	-1.37B	-1.34B
Issuance of Common Stock	10.52M	14.21M	19.66M	65.4M	39.4M
Repurchase of Common Stock	-87.97M	-71.55M	-264M	-108M	-94.1M
Other Financing Activities, Total	-	-	-12.38M	90.9M	-46M
Cash from Financing	-77.45M	-57.34M	-257M	1.93B	-91.4M
Foreign Exchange Rate Adjustments	-10.87M	18.6M	-5.3M	-15.9M	3.1M
Net Change in Cash	601M	66.86M	135M	-961M	-133M
Supplemental Items
Cash Interest Paid	4.75M	1.86M	-	79M	137M
Cash Income Tax Paid (Refund)	28M	70.75M	30.95M	177M	150M
Levered Free Cash Flow	532M	843M	635M	1.76B	876M
Unlevered Free Cash Flow	534M	847M	640M	1.83B	968M
Change In Net Working Capital	173M	-193M	-32.88M	-204M	117M
Net Debt Issued / Repaid	-	-	-	1.88B	9.3M

Fiscal Period: March	2020	2021	2022	2023	2024
Profitability
Return on Assets	5.78	7.64	5.95	-2.4	-2.09
Return on Total Capital	11.18	13.44	9.86	-3.24	-2.7
Return On Equity %	17.66	20.06	11.71	-17.5	-50.91
Return on Common Equity	17.66	20.06	11.71	-17.5	-50.91
Margin Analysis
Gross Profit Margin %	50.07	55.64	58.21	52.89	54.75
SG&A Margin	25.14	24.7	27.8	42.22	42.6
EBITDA Margin %	15.99	22.51	20.66	21.82	9.49
EBITA Margin %	14.45	20.84	18.92	20.13	6.95
EBIT Margin %	13.77	19.89	17.07	-8.03	-8.78
Income From Continuing Operations Margin %	13.09	17.46	11.93	-21.02	-69.99
Net Income Margin %	13.09	17.46	11.93	-21.02	-69.99
Net Avail. For Common Margin %	13.09	17.46	11.93	-21.02	-69.99
Normalized Net Income Margin	9.39	12.59	10.41	-6.68	-6.89
Levered Free Cash Flow Margin	17.22	25	18.11	32.87	16.37
Unlevered Free Cash Flow Margin	17.27	25.11	18.25	34.12	18.1
Asset Turnover
Asset Turnover	0.67	0.61	0.56	0.48	0.38
Fixed Assets Turnover	14.92	11.24	9.06	9.35	7.52
Receivables Turnover (Average Receivables)	5.48	5.06	5.22	7.01	6.65
Inventory Turnover (Average Inventory)	65.21	81.19	94.61	-	-
Short Term Liquidity
Current Ratio	1.71	1.89	1.84	0.65	0.94
Quick Ratio	1.31	1.52	1.54	0.48	0.72
Operating Cash Flow to Current Liabilities	0.34	0.41	0.12	0	-0.01
Days Sales Outstanding (Average Receivables)	66.8	72.1	69.91	52.1	55
Days Outstanding Inventory (Average Inventory)	5.61	4.5	3.86	-	-
Average Days Payable Outstanding	16.53	16.69	24.61	19.26	25.4
Cash Conversion Cycle (Average Days)	55.88	59.91	49.17	-	-
Long Term Solvency
Total Debt/Equity	6.98	5.74	6.57	38.56	62.35
Total Debt / Total Capital	6.52	5.43	6.16	27.83	38.41
LT Debt/Equity	5.99	4.79	5.55	23	60.79
Long-Term Debt / Total Capital	5.6	4.53	5.2	16.6	37.44
Total Liabilities / Total Assets	48.69	44.73	41.8	42.99	53.61
EBIT / Interest Expense	161.3	108.06	32.11	-3.31	-3.18
EBITDA / Interest Expense	199.52	128.52	41.43	9.89	4.02
(EBITDA - Capex) / Interest Expense	179.27	117.42	32.92	8.31	3.06
Total Debt / EBITDA	0.34	0.24	0.32	2.72	5.96
Net Debt / EBITDA	-3.47	-3.18	-2.98	1.93	4.65
Total Debt / (EBITDA - Capex)	0.37	0.26	0.41	3.24	7.83
Net Debt / (EBITDA - Capex)	-3.86	-3.49	-3.75	2.3	6.11
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	15.76	9.19	3.91	52.64	-0.01
Gross Profit, 1 Yr. Growth %	34.23	21.35	8.7	38.71	3.51
EBITDA, 1 Yr. Growth %	81.11	53.71	-4.3	74.19	-12.8
EBITA, 1 Yr. Growth %	91.55	57.5	-5.35	76.86	-24.34
EBIT, 1 Yr. Growth %	103.38	57.69	-10.48	-178.94	-14.59
Earnings From Cont. Operations, 1 Yr. Growth %	21.15	45.6	-29.01	-369.07	232.91
Net Income, 1 Yr. Growth %	21.15	45.6	-29.01	-369.07	232.91
Normalized Net Income, 1 Yr. Growth %	97.17	46.5	-13.74	-207.83	-18.43
Diluted EPS Before Extra, 1 Yr. Growth %	22.07	43.79	-29.67	-296.47	212.94
Accounts Receivable, 1 Yr. Growth %	48.7	-2.35	3.95	23.21	-9.3
Inventory, 1 Yr. Growth %	-32.24	-7.15	-25.46	-	-
Net Property, Plant and Equip., 1 Yr. Growth %	123.78	9.77	46.2	49.28	7.48
Total Assets, 1 Yr. Growth %	16.63	21.81	8.59	142.31	-22.98
Tangible Book Value, 1 Yr. Growth %	73.03	28.5	-3.27	-253.83	0.48
Common Equity, 1 Yr. Growth %	24.44	31.22	14.34	137.35	-37.32
Cash From Operations, 1 Yr. Growth %	-18.71	33.05	-71.72	-99.57	-1.56K
Capital Expenditures, 1 Yr. Growth %	-20.29	29.11	130.17	28.75	-30.61
Levered Free Cash Flow, 1 Yr. Growth %	2.94	58.5	-24.59	170.75	-27.03
Unlevered Free Cash Flow, 1 Yr. Growth %	2.28	58.74	-24.33	178.85	-24.67
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	31.26	12.43	6.52	25.94	23.55
Gross Profit, 2 Yr. CAGR %	31.4	27.63	14.85	22.79	19.83
EBITDA, 2 Yr. CAGR %	50.39	66.85	21.08	24.18	-13.03
EBITA, 2 Yr. CAGR %	54.82	73.69	21.88	23.98	-21.9
EBIT, 2 Yr. CAGR %	67.63	79.08	18.59	-19.84	-7.18
Earnings From Cont. Operations, 2 Yr. CAGR %	52.67	32.82	1.66	38.2	199.29
Net Income, 2 Yr. CAGR %	52.67	32.82	1.66	38.2	199.29
Normalized Net Income, 2 Yr. CAGR %	74.45	69.96	12.2	-8.14	4.78
Diluted EPS Before Extra, 2 Yr. CAGR %	51.74	32.48	0.56	17.55	147.96
Accounts Receivable, 2 Yr. CAGR %	64.99	20.5	0.75	13.17	5.71
Inventory, 2 Yr. CAGR %	12.26	-20.68	-16.81	-	-
Net Property, Plant and Equip., 2 Yr. CAGR %	67.11	56.73	26.68	47.72	26.67
Total Assets, 2 Yr. CAGR %	15.06	19.19	15.01	62.21	36.61
Tangible Book Value, 2 Yr. CAGR %	121.52	49.11	11.49	21.98	24.33
Common Equity, 2 Yr. CAGR %	30.59	27.78	22.49	64.74	21.97
Cash From Operations, 2 Yr. CAGR %	17.87	4	-38.66	-96.53	-75.02
Capital Expenditures, 2 Yr. CAGR %	-21.9	1.45	72.39	72.15	-5.48
Levered Free Cash Flow, 2 Yr. CAGR %	103.7	27.75	9.23	43.8	16.66
Unlevered Free Cash Flow, 2 Yr. CAGR %	105.42	27.42	9.5	46.18	21.56
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	20.18	23.45	9.51	20.09	16.62
Gross Profit, 3 Yr. CAGR %	25.79	27.97	20.98	22.31	15.99
EBITDA, 3 Yr. CAGR %	49.14	51.49	38.47	33.2	-12.48
EBITA, 3 Yr. CAGR %	55.68	55.71	41.7	34.13	-19.03
EBIT, 3 Yr. CAGR %	56.26	64.25	41.95	0.33	-11.11
Earnings From Cont. Operations, 3 Yr. CAGR %	81.81	50.27	7.78	40.62	85.26
Net Income, 3 Yr. CAGR %	81.81	50.27	7.78	40.62	85.26
Normalized Net Income, 3 Yr. CAGR %	69.19	64.58	35.4	7.2	-4.53
Diluted EPS Before Extra, 3 Yr. CAGR %	70.4	49.04	7.27	25.72	62.92
Accounts Receivable, 3 Yr. CAGR %	45.35	38.53	14.71	7.74	5.12
Inventory, 3 Yr. CAGR %	5.39	5.38	-22.31	-	-
Net Property, Plant and Equip., 3 Yr. CAGR %	62.01	45.26	53.14	33.8	32.87
Total Assets, 3 Yr. CAGR %	16.26	17.27	15.55	47.44	26.55
Tangible Book Value, 3 Yr. CAGR %	123.4	84.74	29.08	24.12	14.35
Common Equity, 3 Yr. CAGR %	36.26	30.8	23.13	52.71	19.37
Cash From Operations, 3 Yr. CAGR %	18.9	22.73	-32.62	-88.29	-73.96
Capital Expenditures, 3 Yr. CAGR %	36.12	-7.65	33.31	56.39	27.17
Levered Free Cash Flow, 3 Yr. CAGR %	-13.14	87.36	7.09	48.97	0.99
Unlevered Free Cash Flow, 3 Yr. CAGR %	-12.91	88.5	7.04	50.68	4.25
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	23.32	18.99	14.51	24.44	14.92
Gross Profit, 5 Yr. CAGR %	37.73	24.7	21.3	25.87	20.52
EBITDA, 5 Yr. CAGR %	18.31	46.61	37.21	39.83	13.22
EBITA, 5 Yr. CAGR %	13.77	53.2	41.16	42.05	9.81
EBIT, 5 Yr. CAGR %	12.65	51.83	39.94	23.2	17.55
Earnings From Cont. Operations, 5 Yr. CAGR %	7.67	134.51	44.09	45.32	62.17
Net Income, 5 Yr. CAGR %	7.67	134.51	44.09	45.32	62.17
Normalized Net Income, 5 Yr. CAGR %	11.73	66.61	43.56	30.25	20.16
Diluted EPS Before Extra, 5 Yr. CAGR %	0.34	119.45	38	35.54	49.99
Accounts Receivable, 5 Yr. CAGR %	25.35	31.33	25.53	27.76	11.02
Inventory, 5 Yr. CAGR %	-0.96	2.23	-4.12	-	-
Net Property, Plant and Equip., 5 Yr. CAGR %	32.61	32.43	46.83	46.24	41.94
Total Assets, 5 Yr. CAGR %	17.3	18.4	15.76	33.52	23.55
Tangible Book Value, 5 Yr. CAGR %	50.97	72.05	69.18	56.48	27.16
Common Equity, 5 Yr. CAGR %	35.15	41.79	30.57	43.44	22.67
Cash From Operations, 5 Yr. CAGR %	26.36	28.41	-8.76	-70.52	-54.7
Capital Expenditures, 5 Yr. CAGR %	1.52	13.08	49.61	18.46	16.17
Levered Free Cash Flow, 5 Yr. CAGR %	13.8	16.53	-4.81	68.83	11.13
Unlevered Free Cash Flow, 5 Yr. CAGR %	14.28	17.04	-4.56	70.57	13.16