Earlier today, digital marketing expert and Rule Breakers recommendation aQuantive
- Like Google
(NASDAQ:GOOG) , which spent $3.1 billion for ad specialist DoubleClick, aQuantive is acquisitive by nature, completing five acquisitions in 2006 and another, French marketing agency Duke, in March. Yet aQuantive managed 42% organic revenue growth in Q1. - Owner earnings also look impressive. aQuantive booked $15.6 million in OE during the quarter and, if full-year revenue guidance of $595 million to $615 million holds up, could generate as much as $81 million in 2007 owner earnings.
- That would be a major improvement over last year's $58 million and could help explain why the 227 amateur and professional investors tracking aQuantive in Motley Fool CAPS give the stock four out of five stars.
(Figures in thousands, except per-share data)
Income Statement Highlights
|
Q1 2007 |
Q1 2006 |
Change |
|
|---|---|---|---|
|
Sales |
$142,621 |
$92,185 |
54.7% |
|
Net Profit |
$14,242 |
$7,615 |
87.0% |
|
EPS |
$0.16 |
$0.10 |
60.0% |
|
Diluted Shares |
89,062 |
80,010 |
11.3% |
Get back to basics with the income statement.
Margin Checkup|
Q1 2007 |
Q1 2006 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
83.46% |
85.49% |
(2.03) |
|
Operating Margin |
13.95% |
12.10% |
1.85 |
|
Net Margin |
9.99% |
8.26% |
1.73 |
Margins are the earnings engine.
Balance Sheet Highlights
|
Assets |
Q1 2007 |
Q1 2006 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$296,711 |
$270,975 |
9.5% |
|
Accounts Rec. |
$270,462 |
$175,412 |
54.2% |
|
Liabilities |
Q1 2007 |
Q1 2006 |
Change |
|---|---|---|---|
|
Accounts Payable |
$232,720 |
$94,659 |
145.9% |
|
Long-Term Debt |
$80,000 |
$80,000 |
0.0% |
The balance sheet reflects the company's health.
Cash Flow Checkup
No cash flow statement provided. (Whatever.)
Free cash flow is a Fool's best friend.
Related Foolishness:
- So far, aQuantive is living the dream.
- Get the Q4 and fiscal 2006 results.
- Could aQuantive be a top growth stock?
aQuantive is a Motley Fool Rule Breakers pick. David Gardner and his team of analysts have unearthed four stocks that have more than doubled in the first two years of this market-beating service. Want to find out their names? Click here to test-drive Rule Breakers for 30 days. There's no obligation to subscribe.
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, who is ranked 6,444 out of more than 28,400 rated players in CAPS, owned shares of aQuantive 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.
