On May 2, NVE (NASDAQ:NVEC) -- which uses a form of nanotechnology called spintronics for memory products -- released earnings for the fourth quarter ended March 31.

  • Revenues grew more than 30%, and investors have driven the stock price up 14%.
  • For all of 2007, product sales increased 73% to $14.4 million.
  • Motley Fool CAPS investors collectively give the stock a bottom-rung one-star rating.

(Figures in thousands, except per-share data)

Income Statement Highlights

Q4 2007

Q4 2006

Change

Sales

$4,565.2

$3,482.8

31.1%

Net Profit

$1,554.0

$619.7

150.7%

EPS

$0.33

$0.13

153.8%

Diluted Shares

4,778.3

4,690.9

1.9%

Get back to basics with a look at the income statement.

Margin Checkup

Q4 2007

Q4 2006

Change*

Gross Margin

65.8%

54.0%

11.7

Operating Margin

42.4%

25.2%

17.3

Net Margin

34.0%

17.8%

16.3

*Expressed in percentage points

Margins are the earnings engine. See how they work.

Balance Sheet Highlights

Assets

Q4 2007

Q4 2006

Change

Cash + ST Invest.

$1,379.8

$2,536.5

(45.6%)

Accounts Rec.

$2,005.0

$1,667.0

20.3%

Inventory

$2,016.9

$2,149.8

(6.2%)

Liabilities

Q4 2007

Q4 2006

Change

Accounts Payable

$502.6

$399.8

25.7%

Learn the ways of the balance sheet.

Cash Flow Highlights

No spin here, just no data from management.

Free cash flow is a Fool's best friend

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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.