Income statement, balance sheet and cash flow statement for the last 3 fiscal years, taken from the XBRL data Innovaro, Inc. files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2011
FY2011
FY2012
Revenue
13.1
0.44
0.53
Research and development
1.23
0.75
0.41
Selling and marketing
0.54
0.13
0.07
General and administrative
2.25
1.15
1.13
Operating expenses
30.5
19.7
Interest expense
0.62
0.43
0.39
Other non-operating income
-1.77
-0.38
-0.67
Pre-tax income
-19.2
-6.24
-6.66
Income tax
-0.06
-0.23
-0.95
Net income to minority interests
-0.01
-0.3
-0.01
Net income
-19.1
-4.62
-9.99
EPS, basic
-1.53
-0.33
-0.65
EPS, diluted
-1.53
-0.33
-0.65
Shares, basic (weighted)
15
15.5
Shares, diluted (weighted)
15
15.5
Balance sheet
FY2011
FY2011
FY2012
Cash and equivalents
0.26
0.27
0.08
Receivables
1.8
0.1
0.25
Other current assets
0.79
0.23
0.19
Total current assets
3.24
3.73
1.72
Property, plant and equipment
6.74
5.6
5.42
Goodwill
6.41
6.13
Intangible assets
6.17
3.16
0.32
Total assets
24.7
20.8
8.47
Accounts payable
1.08
0.51
0.72
Accrued liabilities
0.42
0.36
0.45
Deferred revenue
0.99
0.12
0.25
Short-term debt
0.43
1.64
3.29
Total current liabilities
2.92
4.97
4.72
Long-term debt
5.36
4
1.94
Total liabilities
10.6
9.96
6.72
Total debt
5.79
5.64
5.23
Paid-in capital
85
86.8
87.8
Retained earnings
-71.8
-76.5
-86.4
Other comprehensive income
0.15
0.05
0
Shareholders' equity
13.5
10.6
1.52
Minority interests
0.53
0.24
0.23
Total equity
14
10.8
1.74
Total liabilities and equity
24.7
20.8
8.47
Shares outstanding
13.7
15
16.2
Cash flow statement
FY2011
FY2011
FY2012
Net income
-19.1
-4.92
-10
Depreciation and amortization
1.53
1.14
1.02
Stock-based compensation
0.29
0.29
0.19
Deferred income tax
-0.06
-0.13
-0.15
Change in receivables
-0.5
-0.04
-0.15
Change in payables
0.26
0.2
0.37
Cash from operations
-4.91
-2.83
-1.68
Capital expenditures
-0.08
-0.04
-0
Cash from investing
0.75
-0.22
0.72
Debt issued
0.2
0.25
Debt repaid
-0.85
-0.62
-0.73
Stock issued
0
0.39
Cash from financing
2.31
-0.42
-0.09
Net change in cash
-1.86
0.01
-0.19
Free cash flow
-4.99
-2.87
-1.68
Interest paid
0.54
0.41
0.56
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to September 30, 2013; growth uses fiscal years. Valuation uses the share price of $0.02 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Pre-tax margin
-1,182.0%
Pre-tax income / revenue.
Net margin
-916.1%
Net income / revenue.
Operating cash flow margin
-232.8%
Cash from operations / revenue.
Return on assets (ROA)
-74.6%
Net income / average total assets.
R&D / revenue
45.8%
Research and development expense / revenue.
Stock-based pay / revenue
11.2%
Stock-based compensation (from the cash flow statement) / revenue.
D&A / revenue
86.5%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
21.9%
Revenue vs the same period a year earlier. Only from a positive base.
Book value growth, 1y
-85.7%
Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y
-59.2%
Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y
3.0%
Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
0.20x
Current assets / current liabilities.
Quick ratio
0.04x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
0.00x
(Cash + short-term investments) / current liabilities.
Debt / assets
79.1%
Total debt / total assets.
Liabilities / assets
107.8%
Total liabilities / total assets.
Net debt
$5.1M
Total debt - cash - short-term investments. Negative means more cash than debt.
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share
$0.03
Revenue / diluted weighted shares.
Operating cash flow per share
-$0.08
Cash from operations / diluted weighted shares.
Book value per share
-$0.05
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Market cap + total debt - cash - short-term investments.
P/S
0.61x
Market cap / revenue.
EV/Sales
10.3x
Enterprise value / revenue.
Earnings yield
-1,504.0%
Net income / market cap (the inverse of P/E).
What was Innovaro, Inc.'s revenue in fiscal 2012?
Innovaro, Inc. reported revenue of $530.8K for fiscal 2012, 21.9% higher than the year before.
Was Innovaro, Inc. profitable in fiscal 2012?
No. It reported a net loss of $10.0M.
How much free cash flow did Innovaro, Inc. generate in fiscal 2012?
Cash from operations of $1.7M minus capital expenditures of $1.3K left free cash flow of -$1.7M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.