Key AudioCodes Ltd. Financials
| Company Type | Public -(NASDAQ: AUDC) Headquarters |
|---|---|
| Fiscal Year-End | December |
| 2011 Sales (mil.) | $155.8 |
| 2010 Employees | 595 |
AudioCodes Ltd. Income Statement
| Dec 11 | Dec 10 | Dec 09 | |
| Revenue | 155.8 | 150.0 | 125.9 |
| Cost of Goods Sold | 64.2 | 66.1 | 56.2 |
| Gross Profit | 91.7 | 83.9 | 69.7 |
| Gross Profit Margin | 58.8% | 55.9% | 55.4% |
| SG&A Expense | 52.3 | 43.3 | 39.9 |
| Depreciation & Amortization | 3.3 | 4.4 | 5.2 |
| Operating Income | 7.2 | 10.4 | (0.2) |
| Operating Margin | 4.6% | 7% | -0.1% |
| Nonoperating Income | 0.0 | 0.0 | (0.5) |
| Nonoperating Expenses | 0.4 | (0.1) | (2.3) |
| Income Before Taxes | 7.7 | 10.3 | (2.9) |
| Income Taxes | 0.2 | (1.9) | 0.3 |
| Net Income After Taxes | 7.4 | 12.2 | (3.2) |
| Continuing Operations | 7.2 | 12.1 | (2.8) |
| Discontinued Operations | -- | -- | -- |
| Total Operations | 7.2 | 12.1 | (2.8) |
| Total Net Income | 7.2 | 12.1 | (2.8) |
| Net Profit Margin | 4.6% | 8.1% | -2.2% |
| Diluted EPS from Total Net Income | 0.17 | 0.30 | (0.07) |
| Dividends per Share | -- | -- | -- |
All amounts in millions of US Dollars except per share amounts.
AudioCodes Ltd. Balance Sheet
| Assets | Dec 11 | Dec 10 | Dec 09 |
| Current Assets | |||
| Cash | 26.4 | 50.3 | 39.0 |
| Net Receivables | 35.7 | 29.5 | 21.3 |
| Inventories | 20.4 | 18.0 | 13.5 |
| Other Current Assets | 18.6 | 16.1 | 15.0 |
| Total Current Assets | 101.0 | 114.0 | 88.7 |
| Net Fixed Assets | 3.4 | 3.7 | 5.0 |
| Other Noncurrent Assets | 88.3 | 56.0 | 53.9 |
| Total Assets | 192.7 | 173.7 | 147.5 |
| Liabilities | Dec 11 | Dec 10 | Dec 09 |
| Current Liabilities | |||
| Accounts Payable | 12.4 | 13.5 | 8.6 |
| Short-Term Debt | 10.2 | 6.0 | 6.0 |
| Other Current Liabilities | 23.3 | 27.9 | 19.6 |
| Total Current Liabilities | 45.9 | 47.5 | 34.2 |
| Long-Term Debt | 23.3 | 10.1 | 16.2 |
| Other Noncurrent Liabilities | 17.5 | 17.0 | 13.1 |
| Total Liabilities | 86.7 | 74.5 | 63.4 |
| Shareholder's Equity | |||
| Preferred Stock Equity | -- | -- | -- |
| Common Stock Equity | 106.0 | 99.2 | 84.1 |
| Total Equity | 106.0 | 99.2 | 84.1 |
| Shares Outstanding (thou.) | 41,539.3 | 41,204.0 | 40,269.2 |
All amounts in millions of US Dollars except per share amounts.
AudioCodes Ltd. Cash Flow Statement
| Dec 11 | Dec 10 | Dec 09 | |
| Net Operating Cash Flow | (1) | 16 | 21 |
| Net Investing Cash Flow | (37.5) | (1.5) | 60.3 |
| Net Financing Cash Flow | 14.7 | (3.6) | (79.1) |
| Net Change in Cash | (24.0) | 11.3 | 2.2 |
| Depreciation & Amortization | 3.3 | 4.4 | 5.2 |
| Capital Expenditures | (1.6) | (1.6) | (1.3) |
| Cash Dividends Paid |
All amounts in millions of US Dollars except per share amounts.