This morning, Stock Advisor selection Marvel Entertainment
- Marvel beat analyst estimates on both the top and bottom lines.
- Cash from operations was up significantly, too. But $140 million of the increase is attributable to cash prepayments made by Hasbro
(NYSE:HAS) for a new toy licensing deal, and licensees hoping to cash in on Sony's(NYSE:SNE) Spider-Man 3, which hits theaters May 3. - What's more, management said higher taxes would affect per-share earnings. Accordingly, the budding studio cut the low end of its full-year EPS guidance to $1.30 a stub.
(Figures in thousands, except per-share data)
Income Statement Highlights
|
FY 2006 |
FY 2005 |
Change |
|
|---|---|---|---|
|
Sales |
$351,798 |
$390,507 |
(9.9%) |
|
Net Profit |
$58,704 |
$102,819 |
(42.9%) |
|
EPS |
$0.67 |
$0.97 |
(30.9%) |
|
Diluted Shares |
87,230 |
106,058 |
(17.8%) |
Get back to basics with a look at the income statement.
Margin Checkup
|
FY 2006 |
FY 2005 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
70.56% |
87.06% |
(16.50) |
|
Operating Margin |
32.00% |
43.83% |
(11.83) |
|
Net Margin |
16.69% |
26.33% |
(9.64) |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
FY 2006 |
FY 2005 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$31,945 |
$39,366 |
(18.9%) |
|
Accounts Rec. |
$59,392 |
$59,108 |
0.5% |
|
Inventory |
$10,224 |
$9,177 |
11.4% |
|
Liabilities |
FY 2006 |
FY 2005 |
Change |
|---|---|---|---|
|
Accounts Payable |
$5,112 |
$3,724 |
37.3% |
|
Long-Term Debt* |
$17,000 |
$0 |
N/A |
Learn the ways of the balance sheet.
Cash Flow Checkup
|
FY 2006 |
FY 2005 |
Change |
|
|---|---|---|---|
|
Cash From Ops. |
$158,175 |
$137,737 |
14.8% |
|
Capital Expenditures |
$16,286 |
$4,289 |
279.7% |
|
Free Cash Flow |
$141,889 |
$133,448 |
6.3% |
Find out why Fools always follow the money.
Related Foolishness:
- There's a ghost rider at the box office!
- David Gardner thinks Marvel is still marvelous.
- Find out why Foolish colleague Steven Mallas loves Marvel.
- There's a new iron maiden in town.
Hasbro and Marvel are both Stock Advisor picks. Click here to get access to get 30 days of free access to the entire portfolio, which is beating the market by more than 42%.
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.
Fool contributor Tim Beyers, ranked 1,720 out of more than 23,300 in Motley Fool CAPS, still owns more than 2,000 comic books. He's partial to Iron Man and, geek that he is, will probably wait in line to see ol' Shellhead's film in May 2008. Tim didn't own shares in any of the companies mentioned in this article at the time of publication. All of his portfolio holdings can be found at Tim's Fool profile. His thoughts on Foolishness and investing may be found in his blog. The Motley Fool's disclosure policy always adds up.
