On Friday, Aug. 25, SkillSoft
- SkillSoft's balance sheet is about as clean as they come, and the cash balance is growing fast.
- Back out $19.5 million of insurance reimbursements and legal settlements in the year-ago period, and we're comparing against $0.03 of pro forma earnings from last year. On that basis, a nickel looks rather good, and operating and net margins actually edged up a bit.
- Backing out the same items, SkillSoft's free cash flow was negative last year (as opposed to what you'll see in the table below), but is clearly in the black now.
- Is the stock a buy or a sell? Read what fellow Fool Tom Taulli has to say.
(Figures in millions, except per-share data)
Income Statement Highlights
|
Avg. Est. |
Q2 2007 |
Q2 2006 |
Change |
|
|---|---|---|---|---|
|
Sales |
$54 |
$55.7 |
$53.6 |
4% |
|
Net Profit |
-- |
$4.8 |
$22.9 |
(79%) |
|
EPS |
$0.04 |
$0.05 |
$0.22 |
(77.3%) |
|
Diluted Shares |
104.1 |
104.2 |
(0.2%) |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q2 2007 |
Q2 2006 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
88.03% |
88.21% |
(0.18) |
|
Operating Margin |
12.49% |
48.31% |
(35.82) |
|
Net Margin |
8.66% |
42.80% |
(34.14) |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q2 2007 |
Q2 2006 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$102 |
$71 |
43.3% |
|
Accounts Rec. |
$48 |
$49 |
(2.1%) |
|
Inventory |
No Data |
No Data |
No Data |
|
Liabilities |
Q2 2007 |
Q2 2006 |
Change |
|---|---|---|---|
|
Accounts Payable |
2.7 |
3.3 |
(18.6%) |
|
Long-Term Debt |
2.8 |
4.4 |
(36.1%) |
Learn the ways of the balance sheet.
Cash Flow Highlights
|
Q2 2007 |
Q2 2006 |
Change |
|
|---|---|---|---|
|
Cash From Ops. |
8.2 |
17.6 |
(53.2%) |
|
Capital Expenditures |
1.6 |
2.6 |
(40.2%) |
|
Free Cash Flow |
6.6 |
14.9 |
(55.5%) |
Find out why Fools always follow the money.
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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.
At the time of publication, Fool contributor Anders Bylund had no position in any company discussed. Fool rules are here .
