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SITO MOBILE, LTD. (SITO)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-18Dec-31-17Dec-31-16Dec-31-15Sep-30-15Sep-30-14Sep-30-13Sep-30-12
   10-K10-K10-K10-K10-K/A10-K/A10-K10-K
Revenues:  
    Licensing and royalties    0.10.7    
    Wireless applications        7.86.3
    Other    28.912.1    
Total revenues   [+]39.743.029.112.815.89.97.86.3
            Revenue growth   [+]-7.5%48.0%126.9% 60.2%26.8%22.7%39.4%
Cost of goods sold  21.322.213.76.16.44.03.22.8
Gross profit  18.420.715.36.79.55.94.63.6
            Gross margin  46.3%48.3%52.8%52.3%59.8%59.4%58.5%56.5%
Selling, general and administrative   [+]36.230.616.510.711.09.33.92.4
Research and development      0.00.10.10.1
Equity in earnings   -1.50.4     
Other operating expenses   3.5  0.8 7.12.7
EBITDA   [+]-18.0-15.5-0.4-4.1-2.7-3.7-6.5-1.6
            EBITDA margin  -45.4%-36.0%-1.4%-32.4%-16.9%-37.1%-84.1%-25.0%
Depreciation  0.20.20.10.10.10.10.50.6
EBITA  -18.2-15.6-0.5-4.2-2.8-3.8-7.1-2.1
            EBITA margin  -45.8%-36.4%-1.9%-33.1%-17.7%-38.1%-90.8%-33.8%
Amortization of intangibles  0.30.30.30.2  0.10.1
EBIT   [+]-18.5-15.9-0.8-4.5-2.8-3.8-7.2-2.3
            EBIT margin  -46.5%-37.0%-2.8%-34.9%-17.7%-38.1%-92.6%-35.9%
Non-recurring items   [+]  0.6     
Interest expense, net   [+]0.01.3  1.70.7 0.5
Other income (expense), net   [+]1.52.5-1.1-0.8  4.1 
Pre-tax income  -17.0-14.8-3.4-6.3-4.5-4.5-4.0-2.8
Income taxes  0.1-0.1-0.1-1.80.00.01.30.5
            Tax rate   0.5%3.4%29.2%0.0%0.0%  
Earnings from continuing ops  -17.1-14.3-5.2-8.1-4.5-4.5-4.0-2.8
Earnings from discontinued ops   -0.41.91.8    
Net income  -17.1-14.7-3.3-6.3-4.5-4.5-5.2-3.3
            Net margin  -42.9%-34.1%-11.3%-48.9%-28.6%-45.7%-67.4%-51.3%
   
Basic EPS   [+]($0.68)($0.67)($0.28)($0.50)($0.29)($0.31)($0.03)($0.02)
Diluted EPS   [+]($0.68)($0.67)($0.28)($0.50)($0.29)($0.31)($0.03)($0.02)
   
Shares outstanding (basic)   [+]24.921.218.216.115.614.4133.9131.2
Shares outstanding (diluted)   [+]24.921.218.216.115.614.4133.9131.2
   
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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