On Thursday, Rule Breakers selection TASER International
- Gross margin fell slightly, but stabilizing administrative expenses -- probably due to lower legal expenses -- gave a double-digit boost to both operating and net margins.
- Meanwhile, cash from operations improved by 600%, suggesting that higher-margin products such as the TASER Cam are starting to take hold.
- TASER is a two-star stock in Motley Fool CAPS.
(Figures in thousands, except per-share data)
Income Statement Highlights
|
Q4 2006 |
Q4 2005 |
Change |
|
|---|---|---|---|
|
Sales |
$19,288 |
$12,608 |
53.0% |
|
Net Profit |
$2,317 |
$179 |
1,193.7% |
|
EPS |
$0.04 |
$0.00 |
N/A |
|
Diluted Shares |
64,752 |
63,222 |
2.4% |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q4 2006 |
Q4 2005 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
63.26% |
64.26% |
(1.00) |
|
Operating Margin |
19.70% |
3.09% |
16.61 |
|
Net Margin |
12.01% |
1.42% |
10.59 |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$22,331 |
$16,352 |
36.6% |
|
Accounts Rec. |
$10,068 |
$5,422 |
85.7% |
|
Inventory |
$9,258 |
$10,105 |
(8.4%) |
|
Liabilities |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Accounts Payable |
$6,790 |
$6,316 |
7.5% |
|
Long-Term Debt |
$76 |
$119 |
(36.1%) |
Learn the ways of the balance sheet.
Cash Flow Checkup
|
Q4 2006 |
Q4 2005 |
Change |
|
|---|---|---|---|
|
Cash From Ops. |
$7,482 |
$1,068 |
600.7% |
Find out why Fools always follow the money.
Related companies:
-
Law Enforcement Associates
(AMEX:AID) - Stinger Systems
Related Foolishness:
- Check the Q3 numbers, too.
- TASER is good! No, it's bad! You decide.
- What does 2007 hold for the stun-gun maker?
TASER is a Motley Fool Rule Breakers pick. David Gardner and his analysts have unearthed six stocks that have more than doubled in the first two years of this market-beating service. Test-drive Rule Breakers for 30 days to see what they are.
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.
Fool contributor Tim Beyers is ranked 1,569 out of more than 23,000 in our Motley Fool CAPS database. Tim didn't own shares in any of the companies mentioned in this story at the time of publication. His holdings can be found at his profile. His thoughts on Foolishness and investing in general may be found in his blog. The Motley Fool's disclosure policy always adds up.
