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ModuLink (MDLK) Q4 2016 earnings results (fourth quarter 2016)

10-K filed Jun 23, 2017

ModuLink (MDLK) reported revenue of $19K for the fourth quarter 2016 (Q4 2016), +31% from a year earlier and +366% from the quarter before. Operating margin was -5.0%, net loss $66K (344.7% of revenue).

Revenue$19K
Year over year+31%
Quarter over quarter+366%
Operating margin-5.0%
Net earnings−$66K

ModuLink, Q4 2016: revenue $19K (+30% year over year), operating margin -5.0%, net loss $66K. The chart follows the revenue to costs, profit and cash.

Q4 2016AmountQ/QY/Y
Revenue$19K+366%+31%
Operating profit−$1K——
Net earnings−$66K——

What changed

Revenue was $19K in Q4 2016, up 31% year over year and up 366% from the previous quarter.

Gross margin was 100.0%. Operating costs exceeded revenue by $1K, an operating margin of -5.0%. The fastest-growing cost line was Other operating costs (+315%). The quarter ended with a net loss of $66K, wider than the previous quarter's $60K loss. Net interest and other expense of $65K was the main reason.

Questions

What was ModuLink's revenue in the fourth quarter 2016?

ModuLink (MDLK) reported revenue of $19K for the fourth quarter 2016 (Q4 2016), +31% from a year earlier and +366% from the quarter before.

Was ModuLink profitable in the fourth quarter 2016?

Operating loss was $1K (-5.0% of revenue) and net loss $66K.

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Source: ModuLink 10-K on SEC EDGAR.