On May 10, CryptoLogic (NASDAQ:CRYP) released Q1 2006 earnings for the period ended March 31.
- For the third straight quarter, earnings came in ahead of estimates.
- Diluted share count declined, but there are still a significant number of options out there.
- All of the reported metrics moved in favorable directions, though the huge drop in capital expenditures might be a concern.
(Figures in thousands, except per-share data)
Income Statement Highlights|
Avg. Est. |
Q1 2006 |
Q1 2005 |
Change | |
|---|---|---|---|---|
|
Sales |
$24,980 |
$26,997 |
$20,274 |
33.2% |
|
Net Profit |
-- |
$7,662 |
$4,839 |
58.3% |
|
EPS |
$0.49 |
$0.56 |
$0.34 |
64.7% |
|
Diluted Shares |
13,687 |
14,184 |
(3.5%) |
Get back to basics with a look at the income statement.
Margin Checkup|
Q1 2006 |
Q1 2005 |
Change* | |
|---|---|---|---|
|
Gross Margin |
39.42% |
37.09% |
2.33 |
|
Operating Margin |
27.65% |
24.65% |
3.00 |
|
Net Margin |
28.38% |
23.87% |
4.51 |
Margins are the earnings engine. See how they work.
|
Assets |
Q1 2006 |
Q1 2005 |
Change |
|---|---|---|---|
|
Cash + ST Invest.* |
$110,077 |
$83,155 |
32.4% |
|
Accounts Rec. |
$8,344 |
$8,288 |
0.7% |
|
Liabilities |
Q1 2006 |
Q1 2005 |
Change |
|---|---|---|---|
|
Accounts Payable |
$41,286 |
$28,989 |
42.4% |
|
User Funds on Deposit |
$29,204 |
$20,729 |
40.9% |
Learn the ways of the balance sheet.
Cash Flow Highlights|
Q1 2006 |
Q1 2005 |
Change | |
|---|---|---|---|
|
Cash From Ops. |
$11,466 |
$2,588 |
343% |
|
Capital Expenditures |
$222 |
$1,592 |
(86.1%) |
|
Free Cash Flow |
$11,244 |
$996 |
1028.9% |
Find out why Fools always follow the money.
Related Companies:
- Progressive Gaming (NASDAQ:PGIC)
- Interactive Systems (NASDAQ:ISWI)
- PartyGaming (LSE:PRTY.L)
Related Foolishness:
CryptoLogic is a Motley Fool Hidden Gems selection. For more information on the Fool's small-cap newsletter service,click here.
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.
At the time of publication, Jim Mueller had a position in CryptoLogic. Fool rules are here.
