TurboChef's Fiscal Year Warmed Over: Fool by Numbers

On March 6, TurboChef (Nasdaq: OVEN  ) released results for the year ended Dec. 31, 2005.

  • 42% of full-year revenue was from customers other than Subway.
  • The company intends to unveil its first residential product at an April trade show.

(Figures in millions, except per-share data)

Income Statement Highlights

Avg. Est.

FY 2005

FY 2004

% Change

Sales

No Data

$52

$71

(26.3)

Net Profit

--

$(28)

$10

N/A

EPS

No Data

$(1.00)

$0.37

N/A

Note: Results for FY 2005 include more than $6 million in purchased R&D expenses.

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

Margin Checkup

FY 2005

FY 2004

% Change

Gross Margin

16.68%

37.87%

(21.19)

Op. Margin

(56.19%)

13.85%

(70.04)

Net Margin

(53.88%)

13.65%

(67.54)



Margins are the earnings engine. See how they work.

Balance Sheet Highlights

Assets

FY 2005

FY 2004

% Change

Cash+ ST Invest.

$40

$16

148.5

Inventory

$11

$8

34.8

Accounts Rec.

$7

$10

(23.3)



Liabilities

FY 2005

FY 2004

% Change

Long-Term Debt

$ -

$ -

N/A

Accounts Pay.

$6

$8

(26.6)



Cash Flow Highlights

FY 2005

FY 2004

% Change

Cash From Ops

$(20)

$4

N/A

Capital Expend.

$3

$3

6.4

Free Cash Flow

$(23)

$1

N/A



Find out why Fools always follow the money.

Related Companies:

  • Middleby (Nasdaq: MIDD  )
  • Dover (NYSE: DOV  )
  • Illinois Tool Works (NYSE: ITW  )
  • Maytag (NYSE: MYG  )

Middleby is aMotley Fool Hidden Gemsrecommendation.

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 checkFool.comfor more of our in-depth discussion of what the numbers mean.

Fool contributorStephen Simpsonhas no financial interest in any stocks mentioned (that means he's neither long nor short the shares).


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 512221, ~/Articles/ArticleHandler.aspx, 10/30/2014 12:26:16 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement