On Feb. 6, Blackboard
- Blackboard ended 2006 with 3,462 clients, an increase of 53% over 2005.
- Net income declined by 99% because of the amortization expense associated with the acquisition of WebCT, increased R&D, and higher selling and marketing expenses.
- For 2007, Blackboard expects high-end revenues to grow 28% to $235 million.
- Motley Fool Hidden Gems selection Blackboard is a four-star stock in Motley Fool CAPS.
(Figures in thousands, except per-share data)
Income Statement Highlights
Q4 2006 |
Q4 2005 |
Change |
|
---|---|---|---|
Sales |
$51,420.0 |
$35,746.0 |
43.8% |
Net Profit |
$201.0 |
$23,111.0 |
(99.1%) |
EPS |
$0.01 |
$0.79 |
(98.7%) |
Diluted Shares |
29,113.4 |
29,215.0 |
(0.3%) |
Get back to basics with a look at the income statement.
Margin Checkup
Q4 2006 |
Q4 2005 |
Change* |
|
---|---|---|---|
Gross Margin |
72.4% |
70.6% |
1.8 |
Operating Margin |
3.3% |
19.4% |
(16.2) |
Net Margin |
0.4% |
64.7% |
(64.3) |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
Assets |
Q4 2006 |
Q4 2005 |
Change |
---|---|---|---|
Cash + ST Invest. |
$30,776.0 |
$138,497.0 |
(77.8%) |
Accounts Rec. |
$52,394.0 |
$26,136.0 |
100.5% |
Inventory |
$2,377.0 |
$1,806.0 |
31.6% |
Liabilities |
Q4 2006 |
Q4 2005 |
Change |
---|---|---|---|
Accounts Payable |
$2,238.0 |
$1,833.0 |
22.1% |
Long-Term Debt |
$23,377.0 |
$0.0 |
N/A |
Learn the ways of the balance sheet.
Cash Flow Highlights
YTD 2006 |
YTD 2005 |
Change |
|
---|---|---|---|
Cash From Ops. |
$21,805.0 |
$39,813.0 |
(45.2%) |
Capital Expenditures |
$10,081.0 |
$7,959.0 |
26.7% |
Free Cash Flow |
$11,724.0 |
$31,854.0 |
(63.2%) |
Find out why Fools always follow the money.
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Related Foolishness:
Blackboard is a Motley Fool Hidden Gems recommendation. If you're interested in small-cap companies with great potential, take a free 30-day trial to Hidden Gems. Just click here to get started. Microsoft is a Motley Fool Inside Value recommendation.
Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so check Fool.com for more of our in-depth discussion of what the numbers mean. This data has been provided by Netscribes. To provide feedback on this article, please click on the "feedback" button below.