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Income Statement
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eFuture Holding Inc. (EFUT)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-15Dec-31-14Dec-31-13Dec-31-12Dec-31-11Dec-31-10Dec-31-09
   20-F20-F20-F20-F20-F20-FS-1/A
Revenues   [+]259.7219.5197.9198.4174.4151.90.6
            Revenue growth  18.4%10.9%-0.2%13.7%14.8%25667.7% 
Cost of goods sold  151.3126.1118.4119.8118.391.569.0
Gross profit  108.493.379.678.556.260.4-68.4
            Gross margin  41.7%42.5%40.2%39.6%32.2%39.8%-11598.2%
Selling, general and administrative   [+]88.674.780.273.221.44.533.6
Research and development  10.08.07.23.74.78.2 
Other operating expenses      56.269.130.7
EBITDA   [+]21.616.2-2.310.4-12.9-3.9 
            EBITDA margin  8.3%7.4%-1.2%5.2%-7.4%-2.6%-22506.7%
Depreciation  2.11.81.92.02.02.0-16.3
EBITA  19.514.4-4.28.4-14.9-5.9-116.4
            EBITA margin  7.5%6.6%-2.1%4.3%-8.5%-3.9%-19747.9%
Amortization of intangibles  9.73.83.76.911.215.416.3
EBIT   [+]9.810.6-7.81.5-26.1-21.4-132.7
            EBIT margin  3.8%4.8%-4.0%0.8%-14.9%-14.1%-22506.7%
Interest income, net   [+]-0.50.60.30.50.50.6 
Other income (expense), net   [+]-7.90.40.3-2.0  109.2
Pre-tax income  1.411.6-7.20.0-25.5-20.8-23.5
Income taxes  1.94.20.34.5-0.6-1.8-1.5
            Tax rate  133.5%36.4%  2.2%8.5%6.4%
Minority interest      -0.5-1.6-2.1
Earnings from continuing ops  1.27.4-7.5-4.5-25.0-19.0-22.0
Earnings from discontinued ops      5.60.1-5.3
Net income  1.27.4-7.5-4.5-18.8-17.3-25.3
            Net margin  0.4%3.4%-3.8%-2.3%-10.8%-11.4%-4285.9%
   
Basic EPS   [+]$0.24$1.77($1.76)($1.07)($6.04)($4.97)($6.54)
Diluted EPS   [+]$0.24$1.71($1.76)($1.07)($6.04)($4.96)($6.47)
   
Shares outstanding (basic)   [+]4.84.24.24.24.13.83.4
Shares outstanding (diluted)   [+]4.94.34.24.24.13.83.4
   
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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