Financial Summary (All financials)
In millions, except per share items | Mar-31-12 | Mar-31-11 | Mar-31-10 | Mar-31-09 | Mar-31-08 | Mar-31-07 | Mar-31-06 | Mar-31-05 |
Revenues | 17.0 | 20.7 | 33.8 | 27.1 | 42.9 | 45.4 | 39.1 | 33.9 |
Revenue growth | -17.7% | -38.8% | 24.8% | -36.8% | -5.5% | 16.1% | 15.4% | 4.4% |
Cost of goods sold | 12.0 | 11.3 | 8.0 | 8.3 | 8.2 | 8.6 | 8.5 | 7.7 |
Gross profit | 5.0 | 9.4 | 25.8 | 18.8 | 34.7 | 36.8 | 30.7 | 26.2 |
Gross margin | 29.6% | 45.5% | 76.4% | 69.4% | 80.9% | 81.1% | 78.3% | 77.3% |
Sales and marketing | 0.1 | 0.2 | 0.2 | 0.4 | 0.0 | 0.4 | 0.6 | 0.6 |
General and administrative | 0.4 | 0.4 | 1.7 | 1.7 | 1.7 | 1.8 | 0.7 | 1.0 |
EBIT | -0.2 | 1.4 | 14.1 | 4.8 | 20.3 | 19.2 | 17.8 | 15.5 |
EBIT margin | -1.2% | 6.6% | 41.6% | 17.6% | 47.4% | 42.2% | 45.4% | 45.6% |
Pre-tax income | 0.9 | 2.7 | 2.7 | -9.5 | 2.0 | 1.5 | 4.0 | 3.8 |
Income taxes | 0.1 | 0.9 | 0.7 | -3.3 | 0.6 | 0.5 | 1.4 | 1.3 |
Tax rate | 9.7% | 35.4% | 25.6% | 34.5% | 29.0% | 32.3% | 34.4% | 34.6% |
Net income | 0.0 | 1.1 | 0.0 | 0.0 | 0.0 | 1.0 | 2.6 | 2.5 |
Net margin | -0.1% | 5.3% | 0.0% | 0.0% | 0.0% | 2.2% | 6.8% | 7.3% |
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Diluted EPS | ($0.01) | $0.68 | $0.95 | ($4.58) | $1.07 | $0.72 | $1.85 | $1.66 |
Shares outstanding (diluted) | 1.6 | 1.6 | 0.0 | 0.0 | 0.0 | 1.4 | 1.4 | 1.5 |
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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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