On March 8, Crown Media
- Revenue plunged by 3.5% to $58.4 million, primarily because of the sale of the film library as well as a decrease in advertising by Hallmark Cards.
- While the company still posted a net loss of almost $30 million, net loss per share was cut in half from the comparable quarter, and margins increased significantly across the board.
- In December 2006, the company announced the sale of its film library to RHI Enterprises, including all the rights to more than 600 television movies, series, and miniseries.
- Crown Media is a two-star stock in Motley Fool CAPS, our free interactive stock database. To find out why our CAPS community prefers other media operators, including News Corp.
(NYSE:NWS) and Disney(NYSE:DIS) -- which sport five and four stars, respectively -- head to CAPS to read more.
(Figures in thousands, except per-share data.)
Income Statement Highlights
|
Q4 2006 |
Q4 2005 |
Change |
|
|---|---|---|---|
|
Sales |
$58,366 |
$60,453 |
(3.5%) |
|
Net Profit |
($29,988) |
($59,774) |
N/A |
|
EPS |
($0.29) |
($0.57) |
N/A |
|
Diluted Shares |
104,788 |
104,737 |
0% |
Get back to basics with the income statement.
Margin Checkup
|
Q4 2006 |
Q4 2005 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
9.5% |
(26.7%) |
17.2 |
|
Operating Margin |
(9.4%) |
(57.9%) |
48.5 |
|
Net Margin |
(51.4%) |
(98.9%) |
47.5 |
Margins are the earnings engine.
Balance Sheet Highlights
|
Assets |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$13,965 |
$15,926 |
(12.3%) |
|
Accounts Rec. |
$57,079* |
$67,750* |
(15.8%) |
|
Inventory |
N/A |
N/A |
N/A |
|
Liabilities |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Accounts Payable |
$26,756* |
$30,631* |
(12.7%) |
|
Long-Term Debt |
$811,695 |
$870,743 |
(6.8%) |
The balance sheet reflects the company's health.
Cash Flow Highlights
Fools will have to wait until Crown Media releases its 10-K for cash-flow details.
Free cash flow is a Fool's best friend.
Related Foolishness:
Disney is a Motley Fool Stock Advisor selection. Join Tom and David Gardner's flagship newsletter service free for 30 days.
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. This data has been provided by Netscribes. To provide feedback on this article, please click on the "feedback" button below.
