Inventergy Global, Inc. (INVT) [Rocket]

In millions, except per share items	Dec-31-16	Dec-31-15	Dec-31-14	Dec-31-13	Jul-31-13	Jul-31-12	Jul-31-11	Jul-31-10
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Revenues:
Communications Systems and Services						1.8	2.4
Telephony Products					11.1	12.8	12.0
Puerto Rico					9.5	7.9	9.0
Total revenues [+]	1.8	4.9	0.7	0.0	20.6	20.7	23.4	16.8
Products					17.4	17.3	18.6
Services					3.2	3.3	4.8
Net interest income	-3.9	-4.2
Revenue growth [+]	-63.7%	579.6%			-0.4%	-11.7%	39.4%	57.8%
Communications Systems and Services						-23.4%
Telephony Products					-13.1%	6.7%
Puerto Rico					20.3%	-12.9%
Cost of goods sold [+]	0.9	1.1	0.7	0.0	15.8	15.7	17.1	10.8
Cost of product sales					13.9	13.4	14.5
Cost of services					1.9	2.3	2.6
Gross profit	0.9	3.7	0.0	0.0	4.8	5.0	6.3	6.0
Gross margin	49.7%	76.6%	-1.8%		23.3%	24.1%	26.9%	36.0%
Selling, general and administrative [+]	6.1	7.5	11.7	4.6	4.9	4.7	5.8	4.5
General and administrative	6.1	7.5	11.7	4.6
Research and development							0.5	0.5
Equity in earnings								-0.1
Other operating expenses	1.0	1.5	1.4	0.3	0.0	0.0	0.0	0.1
EBITDA [+]	-4.6	-3.7	-11.6		0.0	0.3	0.3	1.2
EBITDA growth	25.0%	-68.4%	154.4%		-95.9%	13.2%	-73.8%	353.9%
EBITDA margin	-257.8%	-74.9%	-1609.3%		0.1%	1.7%	1.3%	6.9%
Depreciation	0.0	0.0	0.0		0.1	0.1	0.1	0.2
EBITA	-4.6	-3.7	-11.6	-4.6	-0.1	0.2	0.2	1.0
EBITA margin	-258.8%	-75.2%	-1610.7%		-0.6%	1.1%	0.7%	5.7%
Amortization of intangibles	1.6	1.6	1.6	0.3			0.1
EBIT [+]	-6.2	-5.3	-13.1	-4.8	-0.1	0.2	0.0	1.0
EBIT growth	16.9%	-59.5%	171.3%		-150.6%	887.5%	-97.5%	1198.6%
EBIT margin	-350.3%	-108.8%	-1827.2%		-0.6%	1.1%	0.1%	5.7%
Non-recurring items [+]							0.9	0.0
Asset impairment							0.9	0.0
Interest expense, net [+]			1.4	0.4	-0.3	0.2	0.2	0.7
Interest expense			1.4	0.4		0.2	0.2	0.7
Interest income					0.3
Other income (expense), net [+]	-1.5	-6.4	-5.5	0.5				0.6
Gain (loss) on debt retirement	2.4	-2.3	-5.6
Other non-operating income			0.0
Other non-ooperating expenses					0.3	-0.2	-0.2
Other			0.0		0.3	-0.2	-0.2
Pre-tax income	-7.7	-11.7	-20.1	-4.7	0.2	0.1	-1.1	0.9
Income taxes	0.0	0.0	0.0	0.0	0.0	0.0	0.1	0.2
Tax rate		0.1%		0.0%	10.8%	26.0%		28.1%
Minority interest					0.2	0.0	0.1	0.0
Earnings from continuing ops	-8.2	-11.7	-20.5	-4.7	0.0	0.0	-1.3	0.0
Earnings from discontinued ops					0.1	0.5	-0.1	0.5
Net income	-8.2	-11.7	-20.5	-4.7	0.1	0.5	-1.4	0.5
Net margin	-461.9%	-240.0%	-2853.1%		0.3%	2.2%	-5.9%	2.8%

Basic EPS [+]	($1.34)	($3.41)	($11.52)	($0.56)	$0.00	$0.00	($0.44)	($0.01)
Growth	-60.7%	-70.4%	1954.0%		33.1%	-100.7%	3360.3%	-89.8%
Diluted EPS [+]	($1.34)	($3.41)	($11.52)	($0.56)	$0.00	$0.00	($0.44)	($0.01)
Growth	-60.7%	-70.4%	1954.0%		33.1%	-100.7%	3362.8%	-89.8%

Shares outstanding (basic) [+]	6.1	3.4	1.8	8.4	2.9	2.9	2.9	2.8
Growth	77.8%	93.3%	-78.9%		0.1%	0.5%	3.6%	0.9%
Shares outstanding (diluted) [+]	6.1	3.4	1.8	8.4	2.9	2.9	2.9	2.8
Growth	77.8%	93.3%	-78.9%		0.1%	0.5%	3.5%	1.0%

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