Financial Summary (All financials)
In millions, except per share items | Mar-31-10 | Mar-31-09 | Mar-31-08 | Mar-31-07 | Mar-31-06 | Mar-31-05 | Mar-31-04 | Mar-31-03 |
Revenues | 61.9 | 56.0 | 50.9 | 43.1 | 35.1 | 22.1 | 12.3 | 17.9 |
Revenue growth | 10.4% | 10.1% | 18.1% | 22.9% | 58.7% | 80.3% | -31.6% | 171.1% |
Cost of goods sold | 6.6 | 7.1 | 6.8 | 5.8 | 4.7 | 4.1 | 3.0 | 1.7 |
Gross profit | 55.3 | 48.9 | 44.1 | 37.2 | 30.4 | 18.0 | 9.3 | 16.3 |
Gross margin | 89.4% | 87.3% | 86.7% | 86.5% | 86.6% | 81.4% | 75.6% | 90.8% |
Sales and marketing | 26.4 | 27.0 | 28.5 | 24.0 | 22.6 | 19.3 | 15.8 | 12.1 |
Research and development | 13.2 | 11.2 | 10.7 | 9.6 | 9.0 | 6.5 | 4.7 | 5.0 |
General and administrative | 12.4 | 16.8 | 14.8 | 16.7 | 12.6 | 10.9 | 6.0 | 6.0 |
EBITA | 3.3 | -6.1 | -9.8 | -13.1 | -13.9 | -18.7 | -17.2 | -18.8 |
EBITA margin | 5.4% | -10.9% | -19.3% | -30.3% | -39.6% | -84.6% | -140.6% | -105.2% |
Amortization of intangibles | | | | | | | | 0.1 |
EBIT | 3.3 | -6.1 | -9.8 | -13.1 | -13.9 | -18.7 | -17.2 | -18.9 |
EBIT margin | 5.4% | -10.9% | -19.3% | -30.3% | -39.6% | -84.6% | -140.6% | -105.5% |
Pre-tax income | -9.9 | -5.1 | -7.9 | -13.5 | -14.5 | -18.6 | -17.1 | -20.0 |
Income taxes | -0.2 | 0.4 | 0.2 | -0.5 | 0.4 | 0.3 | 0.6 | 0.5 |
Tax rate | 1.7% | | | 3.5% | | | | |
Net income | -9.8 | -5.5 | -8.1 | -13.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Net margin | -15.8% | -9.7% | -15.9% | -30.2% | 0.0% | -0.1% | -0.3% | -0.1% |
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Diluted EPS | ($0.12) | ($0.08) | ($0.13) | ($0.20) | ($0.23) | ($0.29) | ($0.52) | ($0.37) |
Shares outstanding (diluted) | 84.2 | 64.6 | 64.5 | 64.5 | 0.1 | 0.1 | 0.1 | 0.1 |
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EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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