Filing Flows › ModuLink (MDLK) › Q4 2016
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).
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 2016 | Amount | Q/Q | Y/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.
Source: ModuLink 10-K on SEC EDGAR.