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Xhibit Corp. (XBTC)

Income Statement Business | Product

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-13Dec-31-12Dec-31-11Dec-31-10Sep-19-10Dec-31-09Dec-31-08Sep-19-01
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    SkyMall  68.1       
    Internet Marketing  6.4       
Total revenues   [+]74.49.86.40.00.00.00.00.0
            Revenue growth  661.5%53.9%      
Cost of goods sold  44.94.73.80.00.20.00.00.1
Gross profit  29.55.12.60.0-0.20.00.0-0.1
            Gross margin  39.7%52.0%40.8%     
Selling, general and administrative   [+]25.64.82.90.0   0.1
Research and development  1.30.60.0     
Other operating expenses  35.40.0 0.0   -0.1
EBITDA   [+]-29.5-0.1-0.3     
            EBITDA margin  -39.6%-0.7%-5.1%     
Depreciation  0.80.10.0     
EBITA  -30.3-0.2-0.30.0-0.20.00.0-0.1
            EBITA margin  -40.7%-1.9%-5.2%     
Amortization of intangibles  2.40.2      
EBIT   [+]-32.7-0.3-0.30.0-0.20.00.0-0.1
            EBIT margin  -44.0%-3.5%-5.2%     
Non-recurring items   [+]140.9  0.0    
Interest expense  0.30.10.0    0.0
Other income (expense), net   [+]0.10.0 0.00.00.00.00.0
Pre-tax income  -173.9-0.4-0.30.0-0.20.00.0-0.1
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%
Earnings from continuing ops  -172.6-0.4-0.30.0-0.20.00.0-0.1
Earnings from discontinued ops  -1.3       
Net income  -173.9-0.4-0.30.0-0.20.00.0-0.1
            Net margin  -233.6%-4.0%-5.3%     
   
Basic EPS   [+]($1.84)($0.01)($0.01)($0.02) ($0.02)($0.03) 
Diluted EPS   [+]($1.84)($0.01)($0.01)($0.02) ($0.02)($0.03) 
   
Shares outstanding (basic)   [+]93.867.063.61.4 1.41.3 
Shares outstanding (diluted)   [+]93.867.063.61.4 1.41.3 
   
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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