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Financial statements

SOUTHERN ITS INTERNATIONAL, INC. financial statements

Income statement, balance sheet and cash flow statement for the last 2 fiscal years, taken from the XBRL data SOUTHERN ITS INTERNATIONAL, 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

FY2015FY2015
Revenue0.511.39
Cost of revenue0.291.38
Gross profit0.220.01
General and administrative0.250.21
Operating expenses0.520.3
Operating income-0.3-0.28
Interest expense0.10.04
Interest income00
Other non-operating income-0.17-0.74
Pre-tax income-0.47-1.02
Income tax00
Net income-0.47-1.02
EBITDA-0.3-0.28

Balance sheet

FY2015FY2015
Cash and equivalents0.020.02
Receivables00
Other current assets0.670
Total current assets0.70.03
Property, plant and equipment00
Total assets0.710.03
Accounts payable0.130.34
Total current liabilities2.743.04
Total liabilities2.743.04
Paid-in capital6.16.1
Retained earnings-8.15-8.89
Shareholders' equity-2.03-3.01
Total equity-2.03-3.01
Total liabilities and equity0.710.03
Shares outstanding19.120.9

Cash flow statement

FY2015FY2015
Net income-0.47-1.02
Depreciation and amortization00
Change in receivables0.020
Change in payables0.10.24
Cash from operations-0.16-0.03
Cash from financing0.080.03
Net change in cash-0.08-0.01
Interest paid00
Income taxes paid00

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to March 31, 2016; growth uses fiscal years. Valuation uses the share price of $0.04 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin78.4%Gross profit / revenue.
Operating margin58.6%Operating income / revenue.
EBITDA margin58.8%EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin-161.6%Pre-tax income / revenue.
Net margin-161.6%Net income / revenue.
Operating cash flow margin66.3%Cash from operations / revenue.
Return on assets (ROA)-218.4%Net income / average total assets.
D&A / revenue0.3%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y173.7%Revenue vs the same period a year earlier. Only from a positive base.
Gross profit growth, 1y-94.0%Gross profit vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y-95.8%Total assets vs the same period a year earlier. Only from a positive base.

Balance sheet health

MetricValueHow it is calculated
Current ratio0.08xCurrent assets / current liabilities.
Quick ratio0.07x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.07x(Cash + short-term investments) / current liabilities.
Liabilities / assets1,315.0%Total liabilities / total assets.
Interest coverage23.7xOperating income / interest expense.
Working capital-$2.9MCurrent assets - current liabilities.
Tangible book value-$2.9MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover1.35xRevenue / average total assets.
Fixed asset turnover145xRevenue / average property, plant and equipment.
Receivables turnover20.5xRevenue / average receivables.
Days sales outstanding18 days365 x average receivables / revenue.
Days payables2,148 days365 x average accounts payable / cost of revenue.

Per share

MetricValueHow it is calculated
Book value per share-$0.14Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share-$0.14Tangible book value / shares outstanding.
Cash per share$0.01(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$4.5MShare price x shares outstanding.
Enterprise value$4.3MMarket cap + total debt - cash - short-term investments.
P/S14.0xMarket cap / revenue.
P/OCF21.2xMarket cap / cash from operations, when positive.
EV/Sales13.4xEnterprise value / revenue.
EV/EBIT22.9xEnterprise value / operating income, when both are positive.
EV/EBITDA22.8xEnterprise value / EBITDA, when both are positive.
Earnings yield-11.5%Net income / market cap (the inverse of P/E).
What was SOUTHERN ITS INTERNATIONAL, INC.'s revenue in fiscal 2015?

SOUTHERN ITS INTERNATIONAL, INC. reported revenue of $1.4M for fiscal 2015, 173.7% higher than the year before.

Was SOUTHERN ITS INTERNATIONAL, INC. profitable in fiscal 2015?

No. It reported a net loss of $1.0M.

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.

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