GeoMet, Inc. · Houston, TX United States (NASDAQ: GMET)
Key GeoMet, Inc. Financials
| Company Type | Public -(NASDAQ: GMET) Headquarters |
|---|---|
| Fiscal Year-End | December |
| 2010 Sales (mil.) | $33.4 |
| 2010 Employees | 61 |
GeoMet, Inc. Income Statement
| Dec 10 | Dec 09 | Dec 08 | |
| Revenue | 33.4 | 31.0 | 69.1 |
| Cost of Goods Sold | 6.6 | 5.0 | 19.3 |
| Gross Profit | 26.8 | 26.0 | 49.8 |
| Gross Profit Margin | 80.3% | 83.8% | 72.1% |
| SG&A Expense | 5.4 | 8.3 | 9.4 |
| Depreciation & Amortization | 6.3 | 12.0 | 10.6 |
| Operating Income | 18.5 | (260.1) | (18.5) |
| Operating Margin | 55.5% | -840.1% | -26.8% |
| Nonoperating Income | (2.2) | 0.0 | (46.2) |
| Nonoperating Expenses | (5.1) | (5.1) | 2.1 |
| Income Before Taxes | 11.2 | (265.3) | (23.2) |
| Income Taxes | 5.4 | (98.1) | (0.7) |
| Net Income After Taxes | 5.8 | (167.1) | (22.5) |
| Continuing Operations | 5.8 | (167.1) | (22.5) |
| Discontinued Operations | -- | -- | -- |
| Total Operations | 5.8 | (167.1) | (22.5) |
| Total Net Income | 5.8 | (167.1) | (22.5) |
| Net Profit Margin | 17.4% | -539.8% | -32.5% |
| Diluted EPS from Total Net Income | 0.10 | (4.28) | (0.58) |
| Dividends per Share | -- | -- | -- |
All amounts in millions of US Dollars except per share amounts.
GeoMet, Inc. Balance Sheet
| Assets | Dec 10 | Dec 09 | Dec 08 |
| Current Assets | |||
| Cash | 0.5 | 1.0 | 2.1 |
| Net Receivables | 2.6 | 2.9 | 5.4 |
| Inventories | 1.0 | 2.1 | 3.3 |
| Other Current Assets | 8.0 | 3.0 | 7.1 |
| Total Current Assets | 12.2 | 9.1 | 17.9 |
| Net Fixed Assets | 106.1 | 98.7 | 358.3 |
| Other Noncurrent Assets | 51.8 | 53.2 | 1.4 |
| Total Assets | 170.1 | 160.9 | 377.6 |
| Liabilities | Dec 10 | Dec 09 | Dec 08 |
| Current Liabilities | |||
| Accounts Payable | 6.0 | 5.2 | 13.4 |
| Short-Term Debt | 0.1 | 0.1 | 0.1 |
| Other Current Liabilities | 4.6 | 3.8 | 5.9 |
| Total Current Liabilities | 10.6 | 9.1 | 19.4 |
| Long-Term Debt | 80.9 | 120.0 | 117.1 |
| Other Noncurrent Liabilities | 27.6 | 4.9 | 48.7 |
| Total Liabilities | 119.1 | 134.0 | 185.2 |
| Shareholder's Equity | |||
| Preferred Stock Equity | 0.0 | 0.0 | -- |
| Common Stock Equity | 51.0 | 26.9 | 192.4 |
| Total Equity | 51.0 | 26.9 | 192.4 |
| Shares Outstanding (thou.) | 39,758.5 | 39,460.1 | 39,288.7 |
All amounts in millions of US Dollars except per share amounts.
GeoMet, Inc. Cash Flow Statement
| Dec 10 | Dec 09 | Dec 08 | |
| Net Operating Cash Flow | 16 | 9 | 33 |
| Net Investing Cash Flow | (12.2) | (12.7) | (52.7) |
| Net Financing Cash Flow | (4.3) | 2.9 | 20.5 |
| Net Change in Cash | (0.4) | (1.1) | 0.6 |
| Depreciation & Amortization | 6.3 | 12.0 | 10.6 |
| Capital Expenditures | (12.3) | (12.6) | (52.8) |
| Cash Dividends Paid | (0.0) |
All amounts in millions of US Dollars except per share amounts.