AMERICAN REALTY CAPITAL - RETAIL CENTERS OF AMERICA, INC. [Rocket]

Overview

AMERICAN REALTY CAPITAL - RETAIL CENTERS OF AMERICA, INC.

Recent News + Filings (All items)

Date Filed	Type	Description
03/03/2017	EFFECT	Form EFFECT - Notice of Effectiveness
02/17/2017	15-12G	Form 15-12G - Securities registration termination [Section 12(g)]
02/17/2017	POS AM	Form POS AM - Post-Effective amendments for registration statement
02/17/2017	8-K	Quarterly results
02/14/2017	8-K	Form 8-K - Current report
02/08/2017	425	Form 425 - Prospectuses and communications, business combinations
02/08/2017	425	Form 425 - Prospectuses and communications, business combinations

Revenue Mix by Segment

Financial Summary (All financials)

In millions, except per share items	Dec-31-15	Dec-31-14	Dec-31-13	Dec-31-12	Dec-31-11	Dec-31-10
Revenues	105.2	28.1	7.2	1.3	0.0	0.0
Revenue growth	274.2%	292.5%	465.6%
Cost of goods sold	40.2	8.8	2.3	0.3	0.0	0.0
Gross profit	65.0	19.3	4.8	1.0	0.0	0.0
Gross margin	61.8%	68.5%	67.4%	76.7%
Selling, general and administrative						0.0
General and administrative	8.7	2.6	0.5	0.2	0.3	0.0
EBITA	49.6	10.5	1.2	0.1	-0.3	0.0
EBITA margin	47.2%	37.3%	17.4%	5.5%
Amortization of intangibles	29.5	7.2	2.1	0.5
EBIT	20.2	3.3	-0.8	-0.4	-0.3	0.0
EBIT margin	19.2%	11.7%	-11.7%	-30.2%
Pre-tax income	-1.4	-12.6	-4.7	-2.2	-0.3	0.0
Income taxes	0.0	0.0	0.0	0.0	0.0	0.0
Tax rate	0.0%	0.0%	0.0%	0.0%	0.0%
Net income	-1.4	-12.6	-4.7	-2.2	-0.3	0.0
Net margin	-1.3%	-44.9%	-65.7%	-173.9%

Diluted EPS	($0.01)	($0.26)	($1.46)	($6.15)	($14.90)
Shares outstanding (diluted)	96.1	49.2	3.2	0.4	0.0

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.