On Feb. 5, WMS Industries
- Net revenue grew by 19%, reflecting initial shipments into the Pennsylvania and Florida markets.
- Capital expenditure increased by 64%, primarily because of the expansion of the Waukegan production facility.
- The company expects third-quarter revenues to grow about 25% to $135 million to $140 million.
- WMS is a three-star stock in Motley Fool CAPS.
(Figures in millions, except per-share data)
Income Statement Highlights
Q2 2007 |
Q2 2006 |
Change |
|
---|---|---|---|
Sales |
$134.6 |
$113.4 |
18.7% |
Net Profit |
$12.2 |
$8.0 |
52.5% |
EPS |
$0.33 |
$0.23 |
43.5% |
Diluted Shares |
39.2 |
37.6 |
4.3% |
Get back to basics with a look at the income statement.
Margin Checkup
Q2 2007 |
Q2 2006 |
Change* |
|
---|---|---|---|
Gross Margin |
54.6% |
54.1% |
0.6 |
Operating Margin |
12.5% |
11.6% |
0.8 |
Net Margin |
9.1% |
7.1% |
2.0 |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
Assets |
Q2 2007 |
Q2 2006 |
Change |
---|---|---|---|
Cash + ST Invest. |
$19.9 |
$43.2 |
(53.9%) |
Accounts Rec. |
$94.7 |
$88.1 |
7.5% |
Inventory |
$88.7 |
$89.3 |
(0.7%) |
Liabilities |
Q2 2007 |
Q2 2006 |
Change |
---|---|---|---|
Accounts Payable |
$52.1 |
$26.3 |
98.1% |
Long-Term Debt |
$115.0 |
$115.0 |
0.0% |
Learn the ways of the balance sheet.
Cash Flow Highlights
Q2 2007 |
Q2 2006 |
Change |
|
---|---|---|---|
Cash From Ops. |
$19.1 |
$28.1 |
(32.0%) |
Capital Expenditures |
$27.4 |
$16.7 |
64.1% |
Free Cash Flow |
($8.3) |
$11.4 |
N/A |
Find out why Fools always follow the money.
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