$2.3 M

CRDS Mkt cap, 22-Aug-2017
Crossroads Systems Net income (Q2, 2017)-83 K
Crossroads Systems EBIT (Q2, 2017)-482 K
Crossroads Systems Cash, 30-Apr-20171.7 M

Crossroads Systems Income Statement

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

12.6m11.1m7.8m674.0k

Revenue growth, %

(12%)(30%)(91%)

Cost of goods sold

3.2m2.1m2.0m

Gross profit

9.5m9.1m5.8m

Gross profit Margin, %

75%81%74%

Sales and marketing expense

6.9m3.7m3.2m

R&D expense

10.5m5.7m4.8m

General and administrative expense

4.7m5.2m9.3m5.9m

Operating expense total

22.1m14.6m17.3m5.9m

EBIT

(12.7m)(5.5m)(11.5m)(5.4m)

EBIT margin, %

(100%)(49%)(147%)(805%)

Interest expense

909.0k815.0k384.0k

Net Income

(12.1m)(9.2m)(9.0m)(716.0k)

Quarterly

USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

2.3m2.1m2.2m1.7m2.1m2.0m

Cost of goods sold

460.0k434.0k592.0k426.0k567.0k514.0k

Gross profit

1.8m1.7m1.6m1.3m1.6m1.4m

Gross profit Margin, %

80%79%73%75%74%74%

Sales and marketing expense

939.0k872.0k850.0k808.0k715.0k803.0k

R&D expense

1.5m1.4m1.4m1.2m1.1m1.2m

General and administrative expense

1.2m1.1m1.3m2.6m2.8m2.3m1.4m1.2m496.0k

Operating expense total

3.6m3.4m3.6m4.5m4.6m4.3m1.4m1.2m863.0k496.0k

EBIT

(1.8m)(1.7m)(2.0m)(3.2m)(3.1m)(2.8m)(1.2m)(1.2m)(847.0k)(482.0k)

EBIT margin, %

(78%)(82%)(91%)(188%)(142%)(143%)

Interest expense

557.0k184.0k128.0k98.0k89.0k

Net Income

(1.7m)(2.2m)(2.3m)(5.8m)(3.3m)(138.0k)9.0k(439.0k)(376.0k)(83.0k)

Crossroads Systems Balance Sheet

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

7.8m4.7m5.3m2.6m

Accounts Receivable

27.8m

Inventories

313.0k798.0k437.0k179.0k

Current Assets

11.1m8.4m14.2m5.5m

PP&E

1.0m440.0k533.0k

Total Assets

12.4m8.9m14.9m5.6m

Accounts Payable

1.1m1.4m2.2m339.0k

Current Liabilities

5.9m7.0m11.3m2.5m

Total Debt

Total Liabilities

11.9m2.5m

Additional Paid-in Capital

208.7m226.2m238.9m239.8m

Retained Earnings

(216.6m)(226.4m)(235.8m)(236.7m)

Total Equity

(7.9m)(250.0k)3.1m3.1m

Financial Leverage

-1.6 x-35.4 x4.9 x1.8 x

Quarterly

USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

10.7m6.8m8.2m4.8m7.0m3.9m3.0m2.7m2.0m1.7m

Accounts Receivable

1.2m1.2m

Inventories

305.0k296.0k494.0k513.0k480.0k403.0k

Current Assets

13.6m9.9m11.7m7.8m10.1m10.6m7.4m6.1m4.5m3.8m

PP&E

707.0k581.0k356.0k608.0k553.0k491.0k

Total Assets

14.5m10.5m12.1m8.5m10.7m11.3m7.5m6.3m4.6m3.8m

Accounts Payable

785.0k818.0k1.6m1.4m2.8m1.7m434.0k409.0k391.0k120.0k

Current Liabilities

6.3m6.2m6.9m6.9m8.0m7.5m4.0m3.2m2.0m1.2m

Total Liabilities

8.6m8.1m4.0m3.2m2.0m

Additional Paid-in Capital

225.1m225.9m232.9m233.2m238.0m239.3m239.5m239.7m239.9m240.0m

Retained Earnings

(222.0m)(224.5m)(228.9m)(232.4m)(235.8m)(236.0m)(236.0m)(236.6m)(237.3m)(237.3m)

Total Equity

3.0m1.4m4.0m709.0k2.2m3.2m3.5m3.1m2.7m2.6m

Financial Leverage

4.8 x7.3 x3.1 x11.9 x4.9 x3.5 x2.2 x2 x1.7 x1.5 x

Crossroads Systems Cash Flow

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(12.1m)(9.2m)(9.0m)(716.0k)

Depreciation and Amortization

821.0k631.0k374.0k

Accounts Receivable

563.0k(22.0k)522.0k478.0k

Inventories

63.0k(44.0k)(82.0k)54.0k

Accounts Payable

(171.0k)363.0k477.0k(1.4m)

Cash From Operating Activities

(12.1m)(3.7m)1.3m(8.3m)

Purchases of PP&E

(333.0k)(81.0k)(226.0k)

Cash From Investing Activities

(333.0k)(5.0k)(226.0k)825.0k

Long-term Borrowings

(4.3m)(4.7m)(5.3m)

Cash From Financing Activities

13.4m862.0k5.8m(133.0k)

Interest Paid

397.0k830.0k377.0k

Income Taxes Paid

6.0k1.0k4.0k

Quarterly

USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

(5.1m)(7.3m)(2.3m)(5.8m)(9.1m)(138.0k)(127.0k)(565.0k)(376.0k)(83.0k)

Depreciation and Amortization

380.0k517.0k107.0k220.0k300.0k52.0k

Accounts Receivable

284.0k286.0k(37.0k)468.0k260.0k(490.0k)630.0k641.0k1.2m1.2m

Inventories

8.0k17.0k(137.0k)(167.0k)(123.0k)33.0k53.0k54.0k

Accounts Payable

(277.0k)(252.0k)126.0k(80.0k)1.3m(558.0k)(1.3m)(1.3m)52.0k120.0k

Cash From Operating Activities

(1.3m)(2.5m)(1.5m)(3.7m)(5.4m)(4.1m)(6.4m)(7.5m)(902.0k)

Purchases of PP&E

(56.0k)(71.0k)(24.0k)(146.0k)(180.0k)(10.0k)

Cash From Investing Activities

(41.0k)(53.0k)(24.0k)(146.0k)(180.0k)(10.0k)824.0k824.0k

Long-term Borrowings

(833.0k)(3.6m)(987.0k)(2.0m)(2.5m)

Cash From Financing Activities

4.3m1.8m5.0m4.0m8.0m(133.0k)(136.0k)

Interest Paid

492.0k676.0k128.0k227.0k309.0k

Income Taxes Paid

1.0k2.0k1.0k1.0k2.0k2.0k2.0k2.0k

Crossroads Systems Ratios

USDY, 2017

Financial Leverage

1.5 x

Crossroads Systems Employee Rating

3.818 votes
Culture & Values
4.0
Work/Life Balance
4.5
Senior Management
3.5
Salary & Benefits
4.2
Career Opportunities
2.6
Source