H&R Block(HRB) - 2020 Q4 - Earnings Call Presentation

FY20 Financial Results - H&R Block's FY20 revenue was $2640 million, compared to $3095 million in FY19[8] - The company experienced a net income of $6 million in FY20, a significant decrease from $445 million in FY19[8] - The company's EPS was $003 in FY20, compared to $215 in FY19[8] - Adjusted EPS was $084 in FY20[8] Capital Allocation - H&R Block ended FY20 with $27 billion in cash, including a $20 billion draw on the line of credit[9] - The company repurchased 101 million shares for $247 million in FY20[10] - The company declared a $026 per share dividend, payable July 1[10] Shareholder Returns - H&R Block has increased its dividend by 30% since FY16[11] - The current dividend yield is 59%[11] - The company has repurchased 15% of shares outstanding from FY17 to FY20[11] Pandemic Response - H&R Block significantly modified its operating model and accelerated the digital enablement of its business in response to the pandemic[6] - The company implemented a tax professional work-from-home model[6]