Axesstel, Inc. · San Diego, CA United States (OTC: AXST)
Key Axesstel, Inc. Financials
| Company Type | Public -(OTC: AXST) Headquarters |
|---|---|
| Fiscal Year-End | December |
| 2010 Sales (mil.) | $45.4 |
| 2010 Employees | 34 |
Axesstel, Inc. Income Statement
| Dec 10 | Dec 09 | Dec 08 | |
| Revenue | 45.4 | 50.8 | 109.6 |
| Cost of Goods Sold | 37.9 | 42.5 | 83.3 |
| Gross Profit | 7.5 | 8.3 | 26.3 |
| Gross Profit Margin | 16.5% | 16.3% | 24% |
| SG&A Expense | 10.2 | 13.3 | 18.3 |
| Depreciation & Amortization | 0.7 | 1.3 | 1.7 |
| Operating Income | (5.1) | (8.8) | 3.2 |
| Operating Margin | -11.3% | -17.3% | 2.9% |
| Nonoperating Income | 0.1 | (0.2) | (0.3) |
| Nonoperating Expenses | (1.3) | (1.1) | (1.3) |
| Income Before Taxes | (6.3) | (10.1) | 1.6 |
| Income Taxes | 0.0 | 0.1 | |
| Net Income After Taxes | (6.3) | (10.1) | 1.4 |
| Continuing Operations | (6.3) | (10.1) | 1.4 |
| Discontinued Operations | -- | -- | -- |
| Total Operations | (6.3) | (10.1) | 1.4 |
| Total Net Income | (6.3) | (10.1) | 1.4 |
| Net Profit Margin | -13.9% | -19.9% | 1.3% |
| Diluted EPS from Total Net Income | (0.27) | (0.43) | 0.06 |
| Dividends per Share | -- | -- | -- |
All amounts in millions of US Dollars except per share amounts.
Axesstel, Inc. Balance Sheet
| Assets | Dec 10 | Dec 09 | Dec 08 |
| Current Assets | |||
| Cash | 0.1 | 0.6 | 1.7 |
| Net Receivables | 7.7 | 10.9 | 27.2 |
| Inventories | 1.0 | 2.9 | 1.3 |
| Other Current Assets | 0.5 | 0.8 | 2.2 |
| Total Current Assets | 9.4 | 15.2 | 32.4 |
| Net Fixed Assets | 0.1 | 0.3 | 1.0 |
| Other Noncurrent Assets | 0.3 | 0.6 | 1.5 |
| Total Assets | 9.8 | 16.2 | 34.9 |
| Liabilities | Dec 10 | Dec 09 | Dec 08 |
| Current Liabilities | |||
| Accounts Payable | 10.8 | 12.6 | 19.3 |
| Short-Term Debt | 7.5 | 4.5 | 5.4 |
| Other Current Liabilities | 4.2 | 5.7 | 7.4 |
| Total Current Liabilities | 22.5 | 22.8 | 32.1 |
| Long-Term Debt | -- | -- | -- |
| Other Noncurrent Liabilities | 0.0 | 0.0 | 0.0 |
| Total Liabilities | 22.5 | 22.8 | 32.1 |
| Shareholder's Equity | |||
| Preferred Stock Equity | -- | -- | -- |
| Common Stock Equity | (12.8) | (6.6) | 2.8 |
| Total Equity | (12.8) | (6.6) | 2.8 |
| Shares Outstanding (thou.) | 23,683.5 | 23,456.2 | 23,229.0 |
All amounts in millions of US Dollars except per share amounts.
Axesstel, Inc. Cash Flow Statement
| Dec 10 | Dec 09 | Dec 08 | |
| Net Operating Cash Flow | (4) | (0) | (4) |
| Net Investing Cash Flow | 0.1 | 0.3 | 0.0 |
| Net Financing Cash Flow | 3.0 | (0.9) | 4.9 |
| Net Change in Cash | (0.5) | (1.1) | 1.1 |
| Depreciation & Amortization | 0.7 | 1.3 | 1.7 |
| Capital Expenditures | (0.0) | (0.2) | (0.3) |
| Cash Dividends Paid |
All amounts in millions of US Dollars except per share amounts.