10-K/APeriod: FY2018

Vistra Corp. Annual Report (Amendment), Year Ended Dec 31, 2018

Filed July 19, 2019For Securities:VST

Summary

This filing is an amendment to Vistra Corp.'s 2018 Annual Report (10-K), primarily addressing an administrative error in the filing of certain certifications and exhibits. The original 10-K was filed on February 28, 2019. This amendment, filed on July 18, 2019, specifically corrects exhibits related to Sarbanes-Oxley Act certifications (Sections 302 and 906) by the principal executive and financial officers, which were inadvertently filed with the previous year's data. Investors should note that this amendment does not alter the core financial statements, operational results, or cash flow information presented in the original 10-K. For a comprehensive understanding of Vistra Corp.'s 2018 performance, investors should refer to the original Form 10-K filed on February 28, 2019. Therefore, the key takeaway for investors from this specific filing is the confirmation of correct procedural documentation rather than new financial or operational disclosures. The underlying financial health and business performance of Vistra Corp. for the 2018 fiscal year remain as detailed in the original report. This amendment serves to ensure regulatory compliance regarding the accuracy of submitted certifications.

Financial Highlights

49 data points
Beta

Revenue

$9.14B

Net Income

-$54.00M

-0.6% Net Margin

EPS (Diluted)

$-0.11

Total Assets

$26.02B

Cash & Equivalents

$636.00M

Free Cash Flow

$941.00M

Financial Statements
Beta
Revenue$9.14B
SG&A Expenses$926.00M
Operating Income$491.00M
Interest Expense$572.00M
Net Income-$54.00M
EPS (Basic)$-0.11
EPS (Diluted)$-0.11
Shares Outstanding (Basic)504.95M
Shares Outstanding (Diluted)504.95M

Key Highlights

  • 1Amendment corrects administrative error in filing of SOX 302 and 906 certifications.
  • 2Original 10-K for the fiscal year ended December 31, 2018, was filed on February 28, 2019.
  • 3This amendment (10-K/A) was filed on July 18, 2019.
  • 4No changes have been made to the financial position, results of operations, or cash flows disclosed in the original 10-K.
  • 5The amendment confirms the registrant is not a shell company.
  • 6Vistra Corp. had approximately 485.9 million shares of common stock outstanding as of February 25, 2019.
  • 7The filing incorporates portions of the registrant's 2019 annual meeting proxy statement into Part III.

Frequently Asked Questions

This filing is an amendment (10-K/A) to Vistra Corp.'s original 2018 Annual Report (10-K) to correct an administrative error in the submission of certain exhibits, specifically the Sarbanes-Oxley Act certifications (Sections 302 and 906) by the principal executive and financial officers. The original certifications filed were inadvertently the same as those from the previous year's filing.

No, this amendment explicitly states that it does not amend, modify, or update in any way the financial position, results of operations, cash flows, or other disclosures presented in the original Form 10-K filed on February 28, 2019. It is purely a procedural correction of exhibits.

The corrected exhibits are certifications required by Sections 302 and 906 of the Sarbanes-Oxley Act of 2002. These certifications are made by the company's principal executive officer and principal financial officer, attesting to the accuracy and completeness of the financial reports filed with the SEC. This amendment ensures these critical compliance documents are correctly filed for the 2018 fiscal year.

Investors should refer to the original Form 10-K filed by Vistra Corp. on February 28, 2019. This amendment is solely for correcting exhibit filings and does not contain updated financial or operational performance information for the 2018 fiscal year.