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VERAMARK TECHNOLOGIES INC (VERA)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-11Sep-30-11Dec-31-10Sep-30-10Dec-31-09Sep-30-09Dec-31-08Dec-31-07
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    Service         9.0
    Product         2.9
Total revenues   [+]13.913.913.213.210.110.110.711.9
            Revenue growth   [+]5.9%5.9%29.8%29.8%-4.9% -10.4%15.0%
Cost of goods sold  5.74.55.13.73.92.82.93.1
Gross profit  8.29.48.19.56.27.47.88.8
            Gross margin  59.1%67.4%61.3%71.8%61.4%72.8%73.0%73.9%
Selling, general and administrative  8.78.77.97.96.96.96.98.4
EBITDA   [+]1.10.21.61.60.80.80.90.4
            EBITDA margin  7.7%1.5%12.2%12.2%7.7%7.7%8.9%3.5%
Depreciation and amortization  1.51.51.51.51.41.41.41.2
EBIT   [+]-0.4-1.30.10.1-0.6-0.6-0.5-0.8
            EBIT margin  -2.9%-9.1%1.1%1.1%-6.1%-6.1%-4.7%-6.5%
Non-recurring items   [+]0.9       
Interest income  0.10.10.10.10.00.00.10.1
Pre-tax income  -1.2-1.20.20.2-0.6-0.6-0.4-0.7
Income taxes  0.00.00.00.00.00.00.00.0
            Tax rate  0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Net income  -1.2-1.20.20.2-0.6-0.6-0.4-0.7
            Net margin  -8.7%-8.7%1.4%1.4%-6.0%-6.0%-4.0%-5.9%
   
Basic EPS   [+]($0.12)($0.12)$0.02$0.02($0.06)($0.06)($0.05)($0.08)
Diluted EPS   [+]($0.12)($0.12)$0.02$0.02($0.06)($0.06)($0.05)($0.08)
   
Shares outstanding (basic)   [+]10.310.39.99.99.99.99.69.0
Shares outstanding (diluted)   [+]10.310.310.110.19.99.99.69.0
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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