On March 15, 4Kids Entertainment (NYSE:KDE) released FY 2005 earnings for the period ended Dec. 31, 2005.

  • Sales crumbled 16% on poor licensing results.
  • These lower revenues and higher SG&A expenses hurt margins.
  • License payments and share repurchases lowered end-of-year cash.

(Figures in thousands, except per-share data)

Income Statement Highlights

Avg. Est.

FY 2005

FY 2004

% Change

Sales

$91,550

$86,662

$103,306

(16.1)

Net Profit

$--

$5,069

$12,730

(60.2)

EPS

$0.65

$0.37

$0.89

(58.4)



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

Margin Checkup

FY 2005

FY 2004

Change

Gross Margin

57.96%

65.22%

(7.27)

Op. Margin

5.97%

19.22%

(13.24

Net Margin

5.85%

12.32%

(6.47)



Margins are the earnings engine. See how they work.

Balance Sheet Highlights

Assets

FY 2005

FY 2004

% Change

Cash+ ST Invest.

$113,525

$127,826

(11.2)

Inventory

$-

$-

N/A

Accounts Receivable

$34,508

$39,917

(13.6)



Liabilities

FY 2005

FY 2004

% Change

Long-Term Debt

$-

$-

N/A

Accounts Payable

$9,275

$12,589

(26.3)



Inventories at work.

Cash Flow Highlights

Data not provided (c'mon, guys).

Related Companies:

  • CBS (NYSE:CBS)
  • Walt Disney (NYSE:DIS)
  • Hasbro (NYSE:HAS)
  • JAKKS Pacific (NASDAQ:JAKK)
  • Microsoft (NASDAQ:MSFT)
  • Time Warner (NYSE:TWX)

Related Foolishness:

Microsoft is a Motley Fool Inside Value pick. Time Warner and Hasbro are both Motley Fool Stock Advisor recommendations.

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, Fool analyst Andy Cross owned shares of Microsoft. Fool rules are here.