On May 15, Cambridge Display Technology
- The maker of organic light-emitting diodes (OLEDs) -- and competitor to Motley Fool Rule Breakers recommendation Universal Display
(NASDAQ:PANL) -- increased revenue from $1 million in last year's Q1 to $3 million. - Cash from operations also improved, as the company burned $2.5 million -- compared to nearly $4 million in the same period last year.
- The stock rates a below-average two stars in Motley Fool CAPS.
(Figures in thousands, except per-share data)
Income Statement Highlights
|
Q1 2007 |
Q1 2006 |
Change |
|
|---|---|---|---|
|
Sales |
$3,000 |
$1,035 |
189.9% |
|
Net Profit |
($7,711) |
($7,633) |
N/A |
|
EPS |
($0.36) |
($0.36) |
N/A |
|
Diluted Shares |
21,630 |
21,483 |
0.7% |
Get back to basics with the income statement.
Margin Checkup
|
Q1 2007 |
Q1 2006 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
56.2% |
63.8% |
(7.6) |
|
Operating Margin |
(218.4%) |
(656.9%) |
438.5 |
|
Net Margin |
(257%) |
(737.5%) |
480.5 |
Margins are the earnings engine.
Balance Sheet Highlights
|
Assets |
Q1 2007 |
Q1 2006 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$16,696 |
$25,555 |
(34.7%) |
|
Accounts Rec. |
$90 |
$730 |
(87.7%) |
|
Inventory |
$0 |
$61 |
(100%) |
|
Liabilities |
Q1 2007 |
Q1 2006 |
Change |
|---|---|---|---|
|
Accounts Payable* |
$5,761 |
$5,871 |
(1.9%) |
The balance sheet reflects the company's health.
Cash Flow Highlights
|
Q1 2007 |
Q1 2006 |
Change |
|
|---|---|---|---|
|
Cash From Ops. |
($2,509) |
($3,971) |
N/A |
|
Capital Expenditures |
$195 |
$141 |
38.3% |
|
Free Cash Flow |
($2,704) |
($4,112) |
N/A |
Free cash flow is a Fool's best friend.
Related Foolishness:
- The OLED Revolution Approaches
- Foolish Forecast: Universal Display On Display
- Quick Take: So Much For That One Good Year
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.
