WPT Waits for Better Days: Fool by Numbers (WPTE)

WPT Waits for Better Days: Fool by Numbers

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By Motley Fool Contributors
May 9, 2007 | Comments (0)

Recs

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On May 8, WPT Enterprises (Nasdaq: WPTE) released first-quarter earnings for the period ended April 2.

Revenues declined 30.4%, as the company delivered fewer episodes of its television series than last year.
Online gaming revenue decreased by $400,000, primarily because of lower levels of player activity. WPT expects to re-launch the poker site in June on CryptoLogic's (Nasdaq: CRYP) platform.
For the second quarter of 2007, the company expects revenues around $7.5 million and higher marketing costs.
WPT Enterprises carries a lowly one-star rating in Motley Fool CAPS.

(Figures in thousands, except per-share data)

Income Statement Highlights

	Q1 2007	Q1 2006	Change
Sales	$4,491.0	$6,454.0	(30.4%)
Net Profit	($2,279.0)	$3,590.0	N/A
EPS	($0.11)	$0.18	N/A
Diluted Shares	20,603.0	20,017.0	2.9%

Get back to basics with a look at the income statement.

Margin Checkup

	Q1 2007	Q1 2006	Change*
Gross Margin	52.1%	62.5%	(10.4)
Operating Margin	(65.2%)	(17.3%)	(47.9)
Net Margin	(50.8%)	55.6%	(106.4)

*Expressed in percentage points.

Margins are the earnings engine. See how they work.

Balance Sheet Highlights

Assets	Q1 2007	Q1 2006	Change
Cash + ST Invest.	$37,046.0	$39,577.0	(6.4%)
Accounts Rec.	$1,959.0	$2,442.0	(19.8%)

Liabilities	Q1 2007	Q1 2006	Change
Accounts Payable	$709.0	$835.0	(15.1%)
Long-Term Debt	$0.0	$0.0	N/A

Learn the ways of the balance sheet.

Cash Flow Highlights

No data available. (Lame!)

Free cash flow is a Fool's best friend.

Related Foolishness:

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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.

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