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LOOKSMART LTD (LOOK)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-14Dec-31-13Dec-31-12Dec-31-11Dec-31-10Dec-31-09Dec-31-08Dec-31-07
   10-K10-K10-K10-K10-K/A10-K10-K10-K
Total revenues  4.76.715.727.647.551.865.051.7
            Revenue growth  -29.6%-57.4%-43.2%-41.8%-8.3%-20.3%25.8%6.2%
Cost of goods sold  2.44.510.215.228.833.439.229.3
Gross profit  2.32.25.512.418.618.425.822.4
            Gross margin  48.1%33.0%35.2%45.0%39.3%35.6%39.6%43.3%
Selling, general and administrative   [+]4.34.18.17.69.014.719.120.0
Research and development  4.63.66.06.79.09.811.112.7
Other operating expenses  0.00.0-0.1     
EBITDA   [+]-5.2-4.9-6.50.73.5-3.2-1.2-5.5
            EBITDA margin  -110.7%-74.1%-41.4%2.6%7.5%-6.2%-1.9%-10.7%
Depreciation  1.30.51.41.72.92.93.24.9
EBITA  -6.5-5.4-7.9-0.90.6-6.1-4.4-10.4
            EBITA margin  -138.7%-81.5%-50.2%-3.4%1.4%-11.7%-6.8%-20.1%
Amortization of intangibles    0.61.0    
EBIT   [+]-6.5-5.4-8.5-1.90.6-6.1-4.4-10.4
            EBIT margin  -138.7%-81.5%-54.0%-7.0%1.4%-11.7%-6.8%-20.1%
Non-recurring items   [+]0.10.12.60.9 0.89.90.2
Interest income, net   [+]0.10.20.10.0-0.10.11.02.0
Other income (expense), net  0.10.00.00.30.10.00.00.0
Pre-tax income  -6.4-5.3-11.0-2.50.6-6.8-13.3-8.5
Income taxes  0.00.00.00.00.0-0.20.0-0.2
            Tax rate  0.0%   0.8%2.5% 2.6%
Earnings from continuing ops  6.4-5.4-11.0-2.50.6-6.7-13.3-8.2
Earnings from discontinued ops       0.5-1.511.7
Net income  -6.4-5.4-11.0-2.51.0-6.2-14.83.4
            Net margin  -136.5%-80.2%-70.4%-9.1%2.1%-12.0%-22.8%6.6%
   
Basic EPS   [+]$1.12($0.93)($1.92)($0.15)$35.80($0.39)($0.74)($0.36)
Diluted EPS   [+]$1.12($0.93)($1.92)($0.15)$35.80($0.39)($0.74)($0.36)
   
Shares outstanding (basic)   [+]5.75.85.817.30.017.117.922.9
Shares outstanding (diluted)   [+]5.75.85.817.30.017.117.922.9
   
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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