Filing Flows › UMeWorld (UMEW) › Q4 FY11
UMeWorld (UMEW) Q4 FY11 earnings results (fourth quarter fiscal 2011)
10-K filed Dec 9, 2011
UMeWorld (UMEW) reported revenue of $77K for the fourth quarter fiscal 2011 (Q4 FY11), -57% from a year earlier and +143% from the quarter before. Operating margin was 121.0%, net earnings $139K (179.4% of revenue).
UMeWorld, Q4 FY11: revenue $77K (-57% year over year), operating margin 121.0%, net earnings $139K, operating cash flow $34K. The chart follows the revenue to costs, profit and cash.
| Q4 FY11 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $77K | +143% | -57% |
| Operating profit | $94K | — | — |
| Net earnings | $139K | — | — |
| Operating cash flow | $34K | +80% | — |
| Free cash flow | $34K | +83% | — |
What changed
Revenue was $77K in Q4 FY11, down 57% year over year and up 143% from the previous quarter.
Operating profit was $94K, a 121.0% margin (up 244.3 points year over year). Net earnings were $139K. The effective tax rate was 0.0%. Non-operating items added $57K, 38% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $34K, 22% of net income including minority interests. Non-cash charges added back $2K of depreciation and amortization. Working capital and other items used $118K. Capital expenditures of $0K left free cash flow of $34K.
Questions
What was UMeWorld's revenue in the fourth quarter fiscal 2011?
UMeWorld (UMEW) reported revenue of $77K for the fourth quarter fiscal 2011 (Q4 FY11), -57% from a year earlier and +143% from the quarter before.
Was UMeWorld profitable in the fourth quarter fiscal 2011?
Operating profit was $94K (121.0% of revenue) and net earnings $139K.
Source: UMeWorld 10-K on SEC EDGAR.