Smtc corp (SMTX)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jul'18Jun'18Apr'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'11Sep'10Jun'10
Revenue (note 3)

95,138

90,244

88,682

90,936

102,649

80,855

53,677

44,479

44,479

37,120

37,120

38,641

34,417

32,995

33,178

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of sales (note 9)

85,499

79,750

79,776

81,939

94,025

72,564

48,440

40,196

40,196

33,270

33,270

35,741

31,443

31,575

29,621

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

39,650

42,683

43,615

41,920

60,736

53,425

57,741

48,714

57,042

55,528

57,984

58,023

67,448

72,893

64,896

65,447

73,156

75,575

75,117

72,457

71,108

44,082

48,838

56,323

65,381

71,215

Cost of sales (note 8)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

36,226

39,049

40,526

37,040

55,193

50,309

52,311

45,086

53,196

50,964

52,151

53,312

66,300

67,055

63,645

58,503

68,078

69,567

67,836

64,932

63,293

40,361

44,188

51,209

57,518

62,854

Gross profit

9,639

10,494

8,906

8,997

8,624

8,291

5,237

4,283

4,283

3,850

3,850

2,900

2,974

1,420

3,557

3,424

3,634

3,089

4,880

5,543

3,116

5,430

3,628

3,846

4,564

5,833

4,711

1,148

5,838

1,251

6,944

5,078

6,008

7,281

7,525

7,815

3,721

4,650

5,114

7,863

8,361

Selling, general and administrative expenses

7,219

7,092

6,549

6,600

6,799

7,224

3,682

3,647

3,647

3,509

3,509

3,136

2,952

4,110

3,762

3,607

3,493

3,360

3,553

4,202

4,035

3,961

3,665

4,674

4,479

4,504

4,243

4,588

4,533

5,555

4,514

4,726

4,238

4,392

3,969

4,201

3,693

3,405

3,513

4,737

4,648

Loss on extinguishment of debt (note 8)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-300

-

-

-

-

Change in fair value of contingent consideration

-

0

0

0

-3,050

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

250

-

-

-

-650

-

-

-

-

-

-

-

Restructuring charges (recovery) (notes 3 and 10)

-221

-

-

-

624

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restructuring charges (notes 4 and 14)

-

-

6,454

1,546

-

-

58

96

96

-

-

-

326

1,351

-

0

0

0

176

-

-

-

0

0

187

509

670

546

289

702

452

1,729

0

0

451

-115

686

1,743

364

-

-

Impairment of property, plant and equipment

-

-

-

-

-

-

-

-

0

-

-

-

0

1,601

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on disposal of property, plant and equipment

-

-

-

-

-

-

-3

-

-

-

-

-

60

-

-

-20

20

0

5

0

1

-3

0

-

-23

-

-

-

-

101

-

-

-

-

-

-

-

-

-

-

-

Operating income

2,641

3,492

-3,239

851

4,251

971

1,494

540

540

341

341

-291

-244

-5,642

-205

-203

161

-271

1,156

1,341

-918

1,466

-37

-856

-125

820

-202

-4,010

1,016

-5,155

1,978

-1,377

1,770

3,539

3,105

3,642

-958

-498

1,237

3,126

3,713

Change in fair value of warrant liability (note 4)

517

-

858

-

101

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense (note 3)

2,093

2,213

2,679

2,800

2,870

1,922

485

403

403

307

307

278

229

217

179

190

164

203

231

269

300

304

310

356

470

473

394

463

432

445

384

426

526

542

463

487

326

369

286

436

451

Net income before income taxes

1,065

1,178

-5,918

-1,949

1,482

-951

1,009

137

137

34

34

-569

-473

-5,859

-384

-393

-3

-474

925

1,072

-1,218

1,162

-347

-1,212

-595

347

-596

-4,473

584

-5,600

1,594

-

1,244

2,997

-

-

-

-

-

-

-

Income tax expense (recovery) (note 6):
Earnings before income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,642

-

-1,284

-867

951

2,690

3,262

Current

275

356

-103

416

279

156

290

196

196

110

110

171

173

168

127

-39

97

99

4

116

152

157

172

313

129

265

180

76

-35

385

461

247

-45

166

253

121

99

136

227

118

69

Deferred

15

-174

-81

103

-8

116

-145

38

38

-84

-84

164

-95

-14

-134

222

-81

31

-46

162

-27

36

-95

903

34

-5

3

3,697

0

17

-33

-2,374

-33

33

-46

179

73

-9

-21

-9

16

Total income tax expense (recovery)

290

182

-184

519

271

272

145

234

234

26

26

335

78

154

-7

183

16

130

-42

278

125

193

77

1,216

163

260

183

3,773

-35

402

428

-2,127

-78

199

207

300

172

127

206

109

85

Net income and comprehensive income

775

996

-5,734

-2,468

1,211

-1,223

864

-97

-97

8

8

-904

-551

-6,013

-377

-576

-19

-604

967

794

-1,343

969

-424

-2,428

-758

87

-779

-8,246

619

-6,002

1,166

324

1,322

2,798

2,435

2,855

-1,456

-994

745

2,581

3,177

Net income per share:
Basic (in dollars per share)

0.03

0.02

-0.20

-0.10

0.05

-0.05

0.04

-0.01

-0.01

0.00

0.00

-0.06

-0.03

-0.36

-0.02

-0.03

0.00

-0.04

0.06

0.05

-0.08

0.06

-0.03

-0.15

-0.05

0.01

-0.05

-0.50

0.04

-0.37

0.07

0.02

0.08

0.17

0.15

0.17

-0.09

-0.06

0.05

0.17

0.21

Diluted (in dollars per share)

0.03

0.02

-0.20

-0.10

0.05

-0.05

0.04

-0.01

-0.01

0.00

0.00

-0.06

-0.03

-0.36

-0.02

-0.03

0.00

-0.04

0.06

0.05

-0.08

0.06

-0.03

-0.15

-0.05

0.01

-0.05

-0.50

0.04

-0.37

0.07

0.02

0.08

0.17

0.15

0.17

-0.09

-0.06

0.05

0.16

0.20

Weighted average number of shares outstanding (note 7):
Basic (in shares)

-

-

28,057

23,557

-

23,105

19,335

17,222

17,222

17,041

17,041

16,860

16,824

16,807

16,660

16,510

16,510

16,510

16,485

16,434

16,417

16,417

16,417

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic (in shares)

28,195

-

-

-

23,248

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

16,417

16,417

16,417

-

16,360

16,346

16,344

16,331

16,319

16,300

16,228

16,425

16,200

15,962

15,955

15,049

14,820

Diluted (in shares)

29,228

26,900

28,057

23,557

24,465

21,971

19,986

17,222

17,222

17,523

17,523

16,860

16,824

16,807

16,660

15,471

16,510

16,510

17,524

16,434

16,417

16,417

16,417

16,417

16,417

16,417

16,417

16,302

16,390

16,346

16,408

16,407

16,444

16,459

16,350

16,514

16,200

15,962

16,289

15,745

15,704