On Mar. 7, TiVo (NASDAQ:TIVO) released fourth-quarter earnings for the period ended Jan. 31.

  • An increase in service revenues and an astounding 478% rise in technology revenue lifted the company's total revenues by 29.2% to $77.6 million.
  • During the quarter, the company established an international distribution deal with Mexico City's largest cable operator, Cablevision Mexico.
  • TiVo recently unveiled "Amazon Unbox on TiVo," providing broadband-connected TiVo subscribers with access to videos digitally rented or purchased from Amazon.com (NASDAQ:AMZN).
  • Also, management announced alliances with Music Choice and Rhapsody to provide subscribers access to digital music services and a library of songs and videos on their television sets.
  • TiVo is a two-star-rated company in the Motley Fool CAPS intelligence database. Join CAPS for free to share your opinions on TiVo and its recent alliances with Amazon and Earthlink (NASDAQ:ELNK).

(Figures in thousands, except per-share data)

Income Statement Highlights

Q4 2007

Q4 2006

Change

Sales

$77,619.0

$60,067.0

29.2%

Net Profit

($18,708.0)

($21,086.0)

N/A

EPS

($0.19)

($0.25)

N/A

Diluted Shares

96,415.0

84,643.0

13.9%



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

Margin Checkup

Q4 2007

Q4 2006

Change*

Gross Margin

23.4%

18.5%

4.9

Operating Margin

(25.9%)

(36.6%)

10.7

Net Margin

(24.1%)

(35.1%)

11.0

*Expressed in percentage points.

Margins are the earnings engine. See how they work.

Balance Sheet Highlights

Assets

Q4 2007

Q4 2006

Change

Cash + ST Invest.

$128,765.0

$104,213.0

23.6%

Accounts Rec.

$20,641.0

$20,111.0

2.6%

Inventory

$29,980.0

$10,939.0

174.1%



Liabilities

Q4 2007

Q4 2006

Change

Accounts Payable

$37,127.0

$24,050.0

54.4%



Learn the ways of the balance sheet.

Cash Flow Highlights

2007

2006

Change

Cash From Ops.

($34,148.0)

$3,425.0

N/A

Capital Expenditures*

$20,466.0

$10,990.0

86.2%

Free Cash Flow

($54,614.0)

($7,565.0)

N/A

*Capital expenditure includes acquisition of property and equipment, as well as capitalized software and intangibles.

Find out why Fools always follow the money.

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