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IBASIS INC (IBAS)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-08Dec-31-07Dec-31-06Dec-31-05Dec-31-04Dec-31-03Dec-31-02Dec-31-01
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues  1,323.6938.6814.2790.1263.7178.2164.9110.2
            Revenue growth  41.0%15.3%3.1%199.6%48.0%8.0%49.7%80.0%
Cost of goods sold  0.00.00.00.00.00.00.00.0
Gross profit  1,323.6938.6814.2790.1263.7178.2164.9110.2
            Gross margin  100.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%
Selling, general and administrative   [+]74.838.429.834.522.515.735.545.9
Research and development      14.013.417.823.9
EBITDA   [+]38.139.667.272.52.0 -34.2 
            EBITDA margin  2.9%4.2%8.2%9.2%0.8% -20.7%-86.9%
Depreciation and amortization  32.012.75.711.410.4 31.9 
EBIT   [+]6.126.861.561.1-8.5-23.9-66.1-95.7
            EBIT margin  0.5%2.9%7.6%7.7%-3.2%-13.4%-40.0%-86.9%
Non-recurring items  214.72.0  0.2 5.551.8
Interest expense, net   [+]1.0-0.9-0.20.14.03.810.37.3
Other income (expense), net  4.9-1.1-1.3-1.5-7.618.0-39.8-35.8
Pre-tax income  -204.624.760.459.5-20.2-9.7-121.7-190.7
Income taxes  26.38.517.918.8-0.10.00.00.0
            Tax rate   34.6%29.6%31.7%0.2%0.0%0.0%0.0%
Net income  -231.016.142.540.6-18.3-9.7-121.7-190.7
            Net margin  -17.5%1.7%5.2%5.1%-6.9%-5.4%-73.8%-173.1%
   
Basic EPS   [+]$0.00$0.00$0.00$0.00($1.20)$0.00$0.00$0.00
Diluted EPS   [+]$0.00$0.00$0.00$0.00($1.20)$0.00$0.00$0.00
   
Shares outstanding (basic)   [+]73.348.840.140.116.844.745.242.6
Shares outstanding (diluted)   [+]73.349.240.140.116.844.745.242.6
   
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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