On Aug. 10, Worldspace
- Revenues increase 61.5%.
- Losses worsen to -$36.7 million and -$0.98 per share.
- Subscriber count grows 150% year over year to 160,000.
- Subscriber acquisition costs remain level; costs per gross addition decline slightly; churn stands at 64% year to date.
(Figures in thousands, except per-share data)
Income Statement Highlights
Avg. Est. | Q2 2006 | Q2 2005 | Change | |
---|---|---|---|---|
Sales | $3,610 | $3,759 | $2,328 | 61.5% |
Net Profit | -- | ($36,661) | ($22,020) | N/A |
EPS | ($0.76) | ($0.98) | ($0.95) | N/A |
Diluted Shares | -- | 37,240 | 23,211 | 60.4% |
Get back to basics with a look at the income statement.
Margin Checkup
Q2 2006 | Q2 2005 | Change* | |
---|---|---|---|
Gross Margin | (139.29%) | (70.62%) | (68.67) |
Operating Margin | (1146.48%) | (1185.87%) | 39.39 |
Net Margin | (975.29%) | (945.88%) | (29.41) |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
Assets | Q2 2006 | Q2 2005 | Change |
---|---|---|---|
Cash + ST Invest. | $14,586 | $83,338 | (82.5%) |
Accounts Rec. | No Data | $1,600 | N/A |
Inventory | No Data | $2,809 | N/A |
Liabilities | Q2 2006 | Q2 2005 | Change |
---|---|---|---|
Accounts Payable | No Data | $21,535 | N/A |
Long-Term Debt | $155,200 | $155,000 | 0.1% |
Learn the ways of the balance sheet.
Cash Flow Highlights
Q2 2006* | Q2 2005 | Change | |
---|---|---|---|
Cash From Ops. | ($50,134) | ($60,214) | N/A |
Capital Expenditures | $5,656 | $3,650 | 55% |
Free Cash Flow | ($55,790) | ($63,864) | N/A |
Find out why Fools always follow the money.
Related Companies:
- XM Satellite Radio
(NASDAQ:XMSR) - Sirius Satellite Radio
(NASDAQ:SIRI)
XM Satellite Radio is a recommendation of Motley Fool Rule Breakers. A free trial will let you find out why.
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At the time of publication, Seth Jayson had no positions in any company mentioned. Fool rules are here.