On May 23, TurboChef Technologies
- Revenue rose 92.2% to $18.3 million, led by increasing unit sales to an improved commercial customer base, including two major non-Subway customers.
- Those other two major customers accounted for 41% of revenue.
- TurboChef is rated a measly one star by the Motley Fool CAPS community, while rival and Motley Fool Hidden Gems pick Middleby
(NASDAQ:MIDD) is rated an outstanding five stars. To see what people are saying about these stocks and many more, join the CAPS service for free today.
(Figures in thousands, except per-share data.)
Income Statement Highlights
|
Q1 2007 |
Q1 2006 |
Change |
|
|---|---|---|---|
|
Sales |
$18,331 |
$9,536 |
92.2% |
|
Net Profit |
($4,917) |
($4,932) |
N/A |
|
EPS |
($0.17) |
($0.17) |
N/A |
|
Diluted Shares |
29,223.1 |
28,665.3 |
1.9% |
Get back to basics with the income statement.
Margin Checkup
|
Q1 2007 |
Q1 2006 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
37.1% |
30.4% |
6.7 |
|
Operating Margin |
(27.2%) |
(54.4%) |
27.3 |
|
Net Margin |
(26.8%) |
(51.7%) |
24.9 |
Margins are the earnings engine.
Balance Sheet Highlights
|
Assets |
Q1 2007 |
Q1 2006 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$16,412 |
$33,227 |
(50.6%) |
|
Accounts Rec. |
$10,929 |
$6,186 |
76.7% |
|
Inventory |
$11,247 |
$10,356 |
8.6% |
|
Liabilities |
Q1 2007 |
Q1 2006 |
Change |
|---|---|---|---|
|
Accounts Payable |
$8,574 |
$4,420 |
94.0% |
The balance sheet reflects the company's health.
Cash Flow Highlights
|
Q1 2007 |
Q1 2006 |
Change |
|
|---|---|---|---|
|
Cash From Ops. |
($3,337) |
($6,319) |
N/A |
|
Capital Expenditures |
$167 |
$923 |
(81.9%) |
|
Free Cash Flow |
($3,504) |
($7,242) |
N/A |
Free cash flow is a Fool's best friend.
Related Foolishness:
Interested in outstanding small-cap stocks flying under the market's radar? Join Tom Gardner and other investors like you on the Hidden Gems discussion boards -- available for 30 days with a free trial.
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.
