On April 25, robotics specialist and Rule Breakers recommendation iRobot
- Revenue increased by 3.3% to $39.5 million, mainly because of an increase in government business.
- During the quarter, the company received an order from the German Federal Defense Forces to supply 22 iRobot PackBot EOD robots and spare parts in a deal valued at more than $2.8 million. It also expanded its family of home robots with the introduction of its Verro Pool Cleaning Robots.
- Motley Fool CAPS investors rate the stock below average, at two stars (out of five).
(Figures in thousands, except per-share data)
Income Statement Highlights|
Q1 2007 |
Q1 2006 |
Change |
|
|---|---|---|---|
|
Sales |
$39,487 |
$38,209 |
3.3% |
|
Net Profit |
($5,501) |
($2,917) |
N/A |
|
EPS |
($0.23) |
($0.12) |
N/A |
|
Diluted Shares |
23,903 |
23,375 |
2.3% |
Get back to basics with the income statement.
Margin Checkup
|
Q1 2007 |
Q1 2006 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
28.2% |
31.9% |
(3.8) |
|
Operating Margin |
(16.3%) |
(10.0%) |
(6.2) |
|
Net Margin |
(13.9%) |
(7.6%) |
(6.3) |
Margins are the earnings engine.
Balance Sheet Highlights
|
Assets |
Q1 2007 |
Q1 2006 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$69,797 |
$82,056 |
(14.9%) |
|
Accounts Rec. |
$16,237 |
$10,939 |
48.4% |
|
Inventory |
$16,199 |
$16,674 |
(2.8%) |
|
Liabilities |
Q1 2007 |
Q1 2006 |
Change |
|---|---|---|---|
|
Accounts payable |
$17,815 |
$21,915 |
(18.7%) |
|
Long-Term Debt |
$0 |
$0 |
N/A |
The balance sheet reflects the company's health.
Cash Flow Highlights
Management needs to develop a robot that will produce a cash flow statement for it. Oh, wait, that's called a computer!
Free cash flow is a Fool's best friend.
Related Foolishness:
- iRobot vs. New Oriental Education: iRobot
- iRobot Is in the Navy
- Foolish Forecast: iRobot Getting Up to Speed
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.
