Magicjack vocaltec ltd (CALL)
Income statement / Quarterly
Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
Net revenues

19,472

20,022

20,015

20,758

21,657

22,381

23,197

23,826

24,572

25,301

23,699

24,631

25,409

25,410

25,512

25,716

25,813

29,480

35,313

38,180

35,533

32,902

36,877

41,427

40,789

38,559

37,587

26,634

24,912

28,818

30,086

Cost of revenues

6,988

7,100

7,163

7,491

7,830

8,166

9,451

9,178

9,509

9,838

8,209

7,781

8,225

8,669

9,467

8,650

9,477

11,392

13,022

13,761

12,134

12,056

11,143

13,960

16,746

15,059

15,560

13,587

12,505

12,096

12,993

Gross profit

12,484

12,922

12,852

13,267

13,827

14,215

13,746

14,648

15,063

15,463

15,490

16,850

17,184

16,741

16,045

17,066

16,336

18,088

22,291

24,419

23,399

20,846

25,734

27,467

24,043

23,500

22,027

13,047

12,407

16,722

17,093

Operating expenses:
Marketing

714

893

1,192

1,822

1,933

2,120

2,407

3,426

2,680

1,758

1,221

2,469

2,357

1,833

2,750

5,204

6,244

4,690

4,296

-

2,866

2,757

-

-

-

-

-

-

-

-

-

Advertising

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,814

-

4,892

5,740

8,704

11,336

7,301

6,835

6,676

General and administrative

6,203

5,799

7,502

8,726

7,330

9,544

12,825

8,997

7,143

8,252

8,935

6,250

6,286

7,311

7,700

7,191

9,402

8,669

8,650

6,612

6,892

6,676

6,818

6,618

7,373

6,872

6,834

6,977

7,420

7,283

7,370

Impairment of intangible assets and goodwill

0

0

131

0

0

0

31,527

500

498

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Research and development

1,210

1,404

1,457

-

1,477

1,462

1,499

-

1,314

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Research and development

-

-

-

-

-

-

-

-

-

1,247

1,100

1,103

1,088

1,168

1,162

1,258

1,494

1,375

1,744

2,035

990

1,774

862

774

592

570

658

743

647

670

656

Consideration adjustment/Gain on mark-to-market

0

-

-

-

894

-

-

-

2,000

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total operating expenses

8,127

8,096

10,282

12,006

9,846

13,126

48,258

14,761

9,635

11,257

11,256

9,822

9,731

10,312

11,612

13,653

17,140

14,734

14,690

14,503

10,748

11,207

10,494

11,237

12,857

13,182

16,196

19,056

15,368

14,788

14,702

Operating income (loss)

4,357

4,826

2,570

1,261

3,981

1,089

-34,512

-113

5,428

4,206

4,234

7,028

7,453

6,429

4,433

3,413

-804

3,354

7,601

9,916

12,651

9,639

15,240

16,230

11,186

10,318

5,831

-6,009

-2,961

1,934

2,391

Other income (expense):
Gains on investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

37

-

0

0

195

527

-2,078

508

235

597

149

1,257

552

-1,309

Interest and dividend income

215

187

93

58

42

17

6

5

5

9

7

3

6

6

11

9

13

49

46

43

45

74

156

245

86

201

251

679

210

188

194

Interest expense

-

-

-

-

-

-

-

-

-

-

-

0

0

23

34

38

34

55

65

65

65

84

93

93

94

105

119

-

-

-

-

Interest expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

118

40

0

Fair value (loss) gain on common equity put options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-1,047

-1,084

3,449

-371

1,656

620

670

334

568

Other income (expense), net

-4

5

-2

-6

2

-13

-17

5

-6

2

-7

2

4

-6

0

0

1

2

1

0

15

0

1

10

10

11

10

9

4

10

12

Total other income (expense)

211

192

91

52

44

4

-11

10

-1

11

0

5

10

-23

-23

-29

-20

33

-18

-22

-5

185

-456

-3,000

3,959

-29

2,395

1,338

2,023

1,044

-535

Income (loss) before income taxes

4,568

5,018

2,661

1,313

4,025

1,093

-34,523

-103

5,427

4,217

4,234

7,033

7,463

6,406

4,410

3,384

-824

3,387

7,583

9,894

12,646

9,824

14,784

13,230

15,145

10,289

8,226

-4,671

-938

2,978

1,856

Income tax expense (benefit)

1,383

922

695

4,065

1,574

2,587

-11,355

1,312

2,205

1,702

3,500

5,094

4,152

-546

3,102

7,186

-823

1,118

2,264

-35,420

3,743

3,316

5,198

-9,039

29

19

30

-14

23

24

28

Net income (loss)

3,185

4,096

1,966

-2,752

2,451

-1,494

-23,168

-1,415

3,222

2,515

734

-

3,311

6,952

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income (loss) attributable to noncontrolling interest

-

0

0

-

-

67

-67

-154

-177

-304

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income (loss) attributable to magicJack VocalTec Ltd. common shareholders

-

4,096

1,966

-

-

-1,561

-23,101

-1,261

3,399

2,819

734

1,939

3,311

6,952

1,308

-3,802

-1

2,269

5,319

45,314

8,903

6,508

9,586

22,269

15,116

10,270

8,196

-4,657

-961

2,954

1,828

Income (loss) per share:
Basic

0.20

0.25

0.12

-0.16

0.15

-0.10

-1.44

-0.08

0.21

0.18

0.05

0.14

0.20

0.39

0.07

-0.22

0.00

0.13

0.30

2.47

0.48

0.35

0.51

1.12

0.78

0.51

0.39

-0.25

-0.04

0.13

0.08

Diluted

0.20

0.25

0.12

-0.16

0.15

-0.10

-1.44

-0.09

0.21

0.18

0.05

0.13

0.20

0.39

0.07

-0.22

0.00

0.13

0.30

1.39

0.48

0.35

0.51

1.07

0.77

0.50

0.39

-0.25

-0.04

0.13

0.08

Weighted average common shares outstanding:
Basic

16,233

16,205

16,192

16,126

16,114

16,078

16,034

31,534

15,857

15,853

15

33,537

16,651

17,694

17

-53,419

17,832

17,832

17,827

-55,715

18,552

18,552

18,685

79,603

19

20

21

24,556

22,463

22,865

23,484

Diluted

16,248

16,205

16,211

16,126

16,114

16,078

16,034

32,503

15,865

15,872

15

33,783

16,658

17,721

17

-53,425

17,832

17,835

17,830

-55,740

18,560

18,560

18,694

79,878

19

20

21

23,744

22,463

23,234

23,927