SPENDSMART NETWORKS, INC. (SSPC) [Rocket]

Overview

SPENDSMART NETWORKS, INC. (SSPC)

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Recent News + Filings (All items)

Date Filed	Type	Description
08/14/2020	REVOKED	Form REVOKED - Commission order revoking Exchange Act registration [Section 12(j)]:
12/19/2018	8-K	Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements...
05/03/2018	8-K	Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements...
02/01/2018	8-K	Entry into a Material Definitive Agreement, Completion of Acquisition or Disposition of Assets, Departure of Directors or Cer...
01/26/2018	SC 13G	Form SC 13G - Statement of acquisition of beneficial ownership by individuals:
12/05/2017	DEF 14A	Form DEF 14A - Other definitive proxy statements:
11/28/2017	PRER14A	Form PRER14A - Preliminary Proxy Soliciting materials:

Revenue Mix by Segment

Financial Summary (All financials)

In millions, except per share items	Dec-31-16	Dec-31-15	Dec-31-14	Dec-31-13	Sep-30-13	Sep-30-12	Sep-30-11	Sep-30-10
Revenues	5.8	5.6	4.0	0.0	1.0	1.0	1.0	0.0
Revenue growth	3.7%	38.4%			1.1%	-3.0%	15485.0%
Cost of goods sold	0.0	-17.9	0.0	0.0	0.0	0.0	0.0	0.0
Gross profit	5.8	23.4	4.0	0.0	1.0	1.0	1.0	0.0
Gross margin	100.0%	419.5%	100.0%		100.0%	100.0%	100.0%	100.0%
Selling, general and administrative
Sales and marketing	0.6	0.6	0.8		5.6	3.0	54.5	0.6
General and administrative	2.1	3.5	2.1	2.5	2.5	1.5	15.2	0.9
EBITA	-4.1	-6.0	-7.9	-7.4	-12.6	-21.1	-135.3	-6.1
EBITA margin	-70.2%	-107.1%	-195.7%		-1233.9%	-2091.2%	-13005.7%	-90757.1%
Amortization of intangibles	0.2	0.3	0.3
EBIT	-4.3	-6.3	-8.2	-7.4	-12.6	-21.1	-135.3	-6.1
EBIT margin	-73.5%	-113.1%	-202.9%		-1233.9%	-2091.2%	-13005.7%	-90757.1%
Pre-tax income	-6.8	-11.9	-8.2	-7.1	-21.3	-15.8	-134.2	-6.1
Income taxes	0.0	0.0	4.0	7.0	-8.7	5.3	2.2	0.8
Tax rate	0.0%	0.0%			40.8%
Earnings from continuing ops	-6.8	-11.9	-8.2	-7.1	-12.6	-25.6	-136.4	-6.1
Earnings from discontinued ops			-4.0	-7.0
Net income	-6.8	-11.9	-12.2	-14.1	-12.6	-25.6	-136.4	-6.9
Net margin	-118.0%	-213.0%	-302.0%		-1233.1%	-2534.2%	-13112.8%	-103793.5%

Diluted EPS	($0.18)	($0.63)	($0.51)	($0.78)	($1.55)	($3.94)	($28.31)	($0.12)
Shares outstanding (diluted)	37.8	19.0	16.1	9.0	8.1	6.5	4.8	49.2

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.